Tag: Veikkaus
Veikkaus partners with OpenBet ahead of Finland’s competitive market
Veikkaus, Finland’s government-owned betting operator and World Lottery Association member, has launched its new, next-generation sports... more
‘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
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