Location: Finland
‘Veikkaus won’t fail,’ says online EVP as Finland’s monopoly prepares for competitive market
The digital arm of Veikkaus, Finland’s gambling monopoly, is overhauling its technology and poaching industry talent, as it prepares... more
Landmark Finland gambling law begins parliamentary process to establish commercial industry
Finland’s landmark gambling law to establish a competitive licensing system began making its way through the country’s parliament . The... more
Finland’s gambling monopoly posts 7.3% sales decline in 2024, looks ahead to market liberalization
Veikkaus reported declining sales in 2024, continuing a long-term downward trend for the Finnish monopoly, which it expects to turn around... more
Finnish legislators ask if de-monopolized market could increase gambling harm
A legislative review council in Finland has called for more detail on whether the new gambling framework could increase gambling harms and... more
Playtech live casino debuts in Finland with Veikkaus
Playtech has announced the launch of its live casino product in Finland via the nation’s state-owned monopoly operator, Veikkaus. The two... more
Finland’s monopoly gambling operator fined €2.9M for marketing to minors
The Finnish Police Board’s Gambling Administration recently prohibited the gambling company Veikkaus Oy from marketing gambling games in... more
Finland sends demonopolized gambling regulation to European Commission, ushering in commercial sector
Horseracing betting will fall under the commercial gambling sector’s jurisdiction, instead of the monopoly. This was the final addition a... more
Job losses likely at Veikkaus as monopoly prepares for life in re-regulated Finnish gambling market
Finland’s Veikkaus is to enter contract negotiations with up to 620 members of staff, warning this could result in more redundancies, as... more
Ahead of commercial market launch, H1 revenue falls at Finland’s state operator
Finnish state-owned operator Veikkaus reported a 7% year-on-year reduction in GGR in its H1 2024 financial report, to €482.8m . The... more
Finland moves to open online gambling to regulated private-sector operators
The government has taken an initiative to enact a new gambling Act with the view to introduce open licensing for operating gambling system... more
