Location: Finland
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 [$534.5m].... 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
Dissecting Finland’s gambling reform plans
As Finland develops its plans to end Veikkaus’ monopoly and open up the online market, iGB examines the fine print of the legislation.... more
Finland: Veikkaus lands former Kindred exec Reimblad as sports betting VP
Finland’s Veikkaus has appointed Andreas Reimblad, formerly director of sportsbook at Kindred Group, as its new vice-president of sports... more
GGR at Finnish monopoly Veikkaus dips 3.6% in 2023 amid regulatory upheaval
Gross gaming revenue (GGR) at state-owned Finnish gambling monopoly Veikkaus dropped 3.6% to €1.03bn ($1.12bn) in 2023 against challenging... more
Finland flexes payment blocking powers by blacklisting Betsson
Betsson’s BML Group subsidiary is the first gambling operator blacklisted by Finland’s National Police Board (NPB), blocking any payments... more
Finland warned that gambling harms do not match gambling prevalence trends
Finland’s Institute of Health and Welfare (THL) has expressed detailed concerns about the increasing instances of gambling-related... more
