September 12, 2022 8:56 PM
The leadership of Veikkaus, Finland’s gambling monopoly, has questioned the viability of the nation’s existing gambling framework and its engagement with consumers.
H1 results saw Veikkaus continue to register a year-on-year revenue decline to €515m, results reflecting a retail and online slump for the Finnish monopoly. Of concern to CEO Olli Sarekoski, Veikkaus recorded a 5% drop in its slice of the country’s entire digital market during H1 trading – an indicator that Finns are choosing to play ‘outside of monopoly boundaries’.
“Finland needs to start thinking about bringing all gambling under the same regulation,” Sarekoski’s statement on the monopoly’s interim trading update read.