Tag: Veikkaus
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
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
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
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... more
Finland’s Veikkaus unveils new live online casino offering supported by Playtech
Gambling tech provider Playtech has been selected as the exclusive live casino partner for Finland’s state-owned monopoly operator... more
As Veikkaus monopoly ends, Finnish operator will axe 25% of jobs, close Casino Tampere and other facilities
Veikkaus will cut about a quarter of its workforce and divide operations into three distinct units ahead of the end of its gambling... more
