#Veikkaus

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A Comparative Online Gambling Analysis of Finland and the USA

The online gambling industry has seen diverse developments worldwide, shaped by cultural, legal, and economic factors. A comparison between Finland and the United States reveals contrasting approaches to regulation, market evolution, consumer protection, and economic contributions, highlighting the complexities of the online gambling…

Law ・ 29 days

European Gaming

Playtech and Veikkaus Forge Strategic Partnership to Elevate Live Casino Experience in Finland

Playtech has achieved a remarkable distinction by securing the winning tender in a rigorous Public Procurement Process for Live casino games, emerging as the chosen partner for Veikkaus, the Finnish state-owned and monopoly operator. Playtech and Veikkaus have forged a long-term framework agreement, paving the way for an extensive partnership. With…

Industry ・ 26 February 2024

World Casino News

Playtech Extends Partnerships With Veikkaus And SPT

For Playtech, the largest global publicly traded online gaming software developer based in Douglas, Isle of Man, the second month of the new year is going great so far! To that end, on February 15 the firm has revealed the extension of its exclusive contract with Sony Pictures Television that will last for 2 years to create Live experiences…

Industry ・ 23 February 2024

iGaming Business

Playtech and Veikkaus forge strategic partnership to elevate live casino experience in Finland

Playtech has achieved a remarkable distinction by securing the winning tender in a rigorous public procurement process for live casino games, emerging as the chosen partner for Veikkaus, the Finnish state-owned and monopoly operator. With an initial duration of six years and the potential for extension, the agreement signifies a significant…

Industry ・ 22 February 2024

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Insider Monkey

Finnish Finesse: How Stock Trading Expertise Benefits Suomalaiset Casino Players

Finland is known for its vibrant and varied culture, which shines through in its online casino offerings. These Finnish casinos aren't just spots for betting; they're a celebration of Finland's way of life and beliefs. In this in-depth article, you'll learn what makes Finnish casinos unique and why they've won the hearts of local gamblers. We'll…

Industry ・ 13 February 2024

iGaming Business

Casino Tampere axed as Veikkaus confirms job cuts

Veikkaus confirmed that "about 185-215" of its 825 employees will lose their jobs after the operator concluded staff consultations. Additionally, there will be material changes in employment terms for "about 110-150" workers. The operator also announced it will close Casino Tampere on 9 December, less than two years after the facility opened. After…

Incidents ・ 14 November 2023

The Baltic Times

Is the Baltics the new region for Finnish casinos to establish?

Online casinos have become a global phenomenon over the years. Gambling on the Internet is very popular in almost all corners of the world. One of the most gambling-friendly countries must be Finland, where people have also been gambling offline for decades. Lately, more and more Finnish online casinos have been flocking into the Baltics. In this…

Bonuses ・ 11 November 2023

World Casino News

Veikkaus Introduces Scratchcard Identification in 2024

Veikkaus, the Finnish exclusive gambling operator, announces the introduction of mandatory identification measure for scratch games. The identification of players purchasing the popular Ässä or Casino lottery scratchcards will be required from January 1, 2024. Measure Already Applied To Coupon Games: The requirement for players to identify…

Lottery ・ 07 November 2023

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iGaming Business

Veikkaus to implement mandatory scratchcard identification checks

Beginning 1 January 2024, players will need to show identification to purchase scratchcards and claim any winnings. Veikkaus says this will apply to games such as the Ässä and Casino lottery. Valid identification includes driving licences, "Kela" cards and Veikkaus cards, the latter of which is provided by the operator. Until the end of 2023,…

Scratch Games ・ 07 November 2023

Yogonet

EGBA backs Finland's plan to end online gambling monopoly and establish a licensing system

The European Gaming and Betting Association (EGBA) has expressed its support to Finland's Ministry of the Interior in its plan to end the country's online gambling monopoly and establish a licensing system. EGBA described the move as a "crucial milestone"for the only EU member state still operating an exclusive monopoly regime. Earlier this week,…

Law ・ 31 October 2023

iGaming Business

Finland launches legislative project ahead of gambling reform

The Ministry of the Interior has set up a project that will guide the reform of the Finland gambling system as it prepares for the introduction of a licence system. State-owned Veikkaus' gaming monopoly will come to an end, with private companies to operate under a gambling licensing model. The programme begins the process of regulation that the…

Law ・ 24 October 2023

Times Of Malta

Finland to open up online gambling market

It is rare that government and opposition parties agree on something - and that applies to most countries. But last September, when Demokraattii, the newspaper of the Finnish Social Democratic Party, asked seven parties in the Finnish Parliament about their position on government's plans to open up the online gambling market and introducing a…

Incidents ・ 20 October 2023

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Winlandia launches online casino in UK following rebrand

The Winlandia casino is now available to UK players, with users having access to over 5500 online games. Content includes slots, table games, instant wins, live dealer, bingo and Slingo titles. This is being supplied by developers such as Microgaming, NetEnt, Big Time Gaming, Red Tiger, Play'n Go and Evolution Gaming. Players who register for a…

Bonuses ・ 11 October 2023

European Gaming

Finland’s Gambling Laws: Regulations and Legislation

Gambling in Finland is a topic of significant interest due to its unique regulatory environment. With a strong government monopoly since its entry into the European Union, Finland emphasises public safety and economic benefits in its approach to gambling. However, the rise of online platforms has seen an influx of offshore operators, compelling…

Law ・ 13 September 2023

Key To Casinos

Finnish Gambling: From Monopoly to Multi-License Market

Many online casinos have always been targeting their services to players from Finland, as Finns are passionate about gambling. The Ministry of Social Affairs and Health reports that 41% of the adult population in Finland gamble weekly. Therefore, Finland might seem to be a prospective market for land-based and online. Still, there are only 20…

Law ・ 07 September 2023

Gambling Insider

Finlandia Casino relaunches under new global Winlandia brand

Finlandia Casino, which launched as a Finland-facing online casino in 2014, has rebranded as Winlandia and will expand its site for an international audience. The products offered at Winlandia will include slots, scratch games, table games and Jackpots. Christoffer Grönlund, Winlandia Head of Acquisitions & PR, said: "We are so excited to have…

Scratch Games ・ 01 September 2023

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Times Of Malta

Are online casinos in Finland different?

Online casinos in Finland are subject to certain regulations and restrictions that make them different from online casinos in many other countries. Finland has a state-controlled gambling monopoly known as Veikkaus, which is operated by the Finnish government. Veikkaus holds a legal monopoly on most forms of gambling, including online casinos,…

Payment Methods ・ 22 August 2023

The Shift News

Malta-based online casino finds innovative way to skirt Finnish law

A Malta-based online casino has found an innovative way to skirt Finnish advertising laws which prohibit the advertising of gambling on the radio and which the Helsinki police are now reportedly investigating. Since the end of June, a radio station has been hitting Helsinki airwaves playing mainly electronic music. But during breaks, it advertises…

Incidents ・ 20 August 2023

Gambling News

Pragmatic Play Lunches 3 Buzzing Wilds with Special Features

Image Source: Pragmatic Play Leading developer of multi-award-winning games certified and licensed in more than 20 global jurisdictions, Pragmatic Play, has announced the release of its freshest slot, 3 Buzzing Wilds. The studio has once again proven its interest to only "craft immersive experiences and responsible thrills" through the new 5×4 game…

Bonuses ・ 15 July 2023

Gaming Intelligence

GI Games Round-up: Nolimit City, Pragmatic Play, Evolution and more

This week's games and platform integrations round-up from Gaming Intelligence features the likes of Nolimit City, Pragmatic Play, Wizard Games, Evoplay, PopOK Gaming, Play'n GO, Playson, Evolution, Yggdrasil, Ezugi, Pariplay, Bragg Gaming and Light & Wonder. Evolution-owned Nolimit City has launched its latest Western-themed slot with the release…

Industry ・ 15 July 2023

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Pragmatic Play takes slots live in Finland with Veikkaus

Gaming News 14 July 2023 (PRESS RELEASE) -- Pragmatic Play, a content provider to the iGaming industry, signed its first partnership in Finland with Veikkaus Oy, the state-owned lottery, casino, and betting operator. As part of the deal, players in Finland will be able to play 10 of the provider's slot games, including Sugar Rush as well as Gates…

Industry ・ 14 July 2023

European Gaming

PRAGMATIC PLAY TAKES SLOTS LIVE IN FINLAND WITH VEIKKAUS

Pragmatic Play, a leading content provider to the iGaming industry, has signed its first partnership in Finland with Veikkaus Oy, the state-owned lottery, casino, and betting operator. As part of the deal, players in Finland will be able to enjoy 10 of the provider's most renowned slot games, including the multi-award-winning Sugar Rush™ and Gates…

Industry ・ 14 July 2023

The Jerusalem Post

Finland about to license gambling: What can they learn from other countr

Finland remains one of the last EU countries still operating with a gambling monopoly. This means that the international gambling providers generate no revenue for the country and their operation is not as strictly regulated as Veikkaus'. However, there might be big changes ahead as Finland considers ending the monopoly with the agreement of both…

Law ・ 24 May 2023

Lexology

Europe Gambling Update: Key Changes and Regulatory Shifts

This Europe Gambling Update is part of our new'Gambling Update' series. It covers important regulatory changes expected to bring headwinds for multinational online operators over the coming year or so. Operators should be prepared for the proposed new frameworks in Europe, and the tightening of existing ones. Italy The online gambling regulatory…

Law ・ 02 May 2023

Yogonet

Finland considers transitioning to licensing system to achieve higher "channeling rate" in online gambling

Finland's Interior Ministry has commissioned a report examining the future of online gambling, which suggests that the current state monopoly system requires regulatory changes to function effectively. The report recommends transitioning to a licensing system to address the issue. The report reveals that the current system results in a loss of…

Law ・ 25 April 2023

The Baltic Times

Finnish Gambling Landscape:Why are Finns choosing online casinos with Estonia license?

Finland is the world's fifth gambling economy despite having a population of only 5.5 million and housing only two land-based casinos. With the government owned Veikkaus being granted the monopoly in Finland, the gaming industry in this country has since faced many hurdles. However, technology has completely transformed the gambling landscape and…

Industry ・ 23 February 2023

AV Network

Casino Tampere Hits the Jackpot with Genelec Smart IP

Casino Tampere is a far cry from the glitz and bling-bling of Las Vegas. Located at Tampere's Nokia Arena, it's only the second casino in Finland and is owned and operated by the Finnish state-owned company Veikkaus. Casino Tampere operates a Responsible Gaming policy with tools in place to enable players to self-regulate as well as mandatory loss…

Winnings ・ 12 January 2023

Casino City Times

Casino Tampere hits the jackpot with Genelec Smart IP

Gaming News 10 January 2023 (PRESS RELEASE) -- Casino Tampere is a far cry from the glitz of Las Vegas. Located at Tampere's Nokia Arena, it's only the second casino in Finland and is owned and operated by the Finnish state-owned company Veikkaus. Casino Tampere operates a Responsible Gaming policy with tools in place to enable players to…

Winnings ・ 11 January 2023

Gambling News

Veikkaus Introduces New Restrictions on Slots in Shops

Veikkaus, a state-owned Finnish gambling company, announced new restrictions concerning slot games. Starting September 1, gamblers will have to abide by new playtime restrictions when playing in shops and grocery stores. The Veikkaus ruled that shops will have to turn off all slot machines after 9 pm and not boot them up until 9 am. This means that…

Industry ・ 07 January 2023

Sigma

Proposed reforms make future of Finland's gaming monopoly unclear

Finland is to abolish its gambling monopoly and adopt a multi-licence gambling system. A new model is being considered by the Finnish government with plans to discontinue the current gaming monopoly. The new reforms may be in place by 2025. In an interview with Finnish media house MTV Uutisten, Minister of European affairs Tytti…

Law ・ 07 January 2023

Yogonet

European Casino Association appoints Tiina Siltanen as new Vice Chair

The European Casino Association (ECA) has appointed Tiina Siltanen to serve as Vice Chair of the trade association, which represents over 900 land-based casinos operating in 28 European markets. The ECA agreed on the appointment during its recent Board Meeting held in Finland on December 15.Held in conjunction with the first anniversary of…

Law ・ 26 December 2022

The Jerusalem Post

Changes to gambling laws in Finland

The Finnish Parliament approved the Finnish Gambling law reform at the end of 2021. Most of the changes entered into force 1st of January 2022, and the rest will be implemented 1st of January 2023. The new law aims to strengthen the position of government-owned betting agency Veikkaus and to reduce the harm caused by gambling. There has been a lot…

Law ・ 17 December 2022

The Jerusalem Post

Which country has the highest gambling losses?

Gambling has been around for centuries and has grown into an industry worth billions of dollars each year. It is an industry that is constantly expanding, with new casinos opening around the globe. Gambling has become a huge part of society, and it is an industry that rarely encounters failure. The most common method of gambling is online, and…

Gambling Addiction ・ 06 December 2022

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SBC: CasinoBeats Summit 2023

SBC is back with an important conference to kick start 2023. The CasinoBeats Summit - an SBC event focused on iGaming strategy, innovation, and development - is set to welcome 3000 senior casino industry executives from March 21-23. The summit will focus on the latest developments in the fast-paced iGaming industry. Over 160 executives in the…

Strategy Guide ・ 23 November 2022

knupsports.com

SBC to Stage Cream-of-the-Crop Event for iGaming Professionals at CasinoBeats Summit 2023

The fifth edition of the CasinoBeats Summit - an SBC event focused on iGaming strategy, innovation, and development - is set to welcome 3000 senior casino industry executives at Malta's InterContinental Hotel on 21-23 March. The conference and trade show will deliver thought-provoking content, an exhibition floor bustling with new game releases and…

Software ・ 23 November 2022

European Gaming

EveryMatrix wins Veikkaus public tender for Online Casino Games as a Service

B2B iGaming technology provider EveryMatrix has been awarded the public tender to provide the Finnish state-owned gaming and lottery monopoly Veikkaus with a vast library of casino content. The six years agreement was awarded to EveryMatrix after a competitive procurement process. Veikkaus will integrate the supplier's CasinoEngine solution, the…

Games ・ 02 November 2022

Yogonet

NetEnt signs online casino supplier agreement with Veikkaus

NetEnt will supply a broad range of its digital games to Veikkaus' online casino for a period of four years. NetEnt has entered into a license agreement with Finland's state-owned gaming operator Veikkaus. NetEnt will supply a broad range of its popular digital games to Veikkaus' online casino. NetEnt has signed a customer agreement with Finnish…

Games ・ 02 November 2022

European Gaming

Norppa Kasino and the Nordics

As a brand that's here to make a difference - we were excited to sit down with DoubleUp Group's Emma L., to talk about the group's latest moves in the Nordic market, as well as its support for the adorable Baltic saimaannorppa seal, one of the most endangered seals in the world.

Christmas ・ 01 November 2022

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Recent Slot Releases, fresh industry news

As a brand that's here to make a difference - we were excited to sit down with DoubleUp Group's Emma L., to talk about the group's latest moves in the Nordic market, as well as its support for the adorable Baltic saimaannorppa seal, one of the most endangered seals in the world.

Industry ・ 01 November 2022

Yogonet

EveryMatrix goes live with its in-house content in New Jersey through BetMGM partnership

B2B iGaming supplier EveryMatrix announced Tuesday that it is now officially live in the US market with BetMGM. The provider is set to distribute content from its in-house gaming studios on the operator's platform in New Jersey. BetMGM players will be able to access popular titles by EveryMatrix such as John Daly Spin It and Win It, The Lioness…

Industry ・ 30 October 2022

Gambling News

Veikkaus Selects EveryMatrix for New Online Casino Games Tender

EveryMatrix, the leading business-to-business technology and content provider, announced it has been awarded a new public tender by Veikkaus, the Finish state-owned gaming and lottery monopoly. The terms of the new collaboration will see Veikkaus leverage EveryMatrix's leading casino content including its iGaming Integration Platform and…

Games ・ 26 October 2022

Gambling Insider

Veikkaus to limit slot machine playing hours from 1 September

Finnish gamblers will no longer be able to play on slot machines present in shops between 9pm and 9am under new rules set to come into force next month. Veikkaus, Finland's state-owned betting company, which holds a monopoly, has moved to limit residents' playtime on slot machines starting 1 September. From then on, shops will be required to switch…

Travel ・ 26 October 2022

The Leader

The Best of Online Casinos in Finland

Finland is a beautiful country known worldwide for its majestic nature and easygoing people. The people's sporty nature made gambling a most welcome form of entertainment in the land. Wagering in all forms is legal in Finland still that the state runs entities that monopolize all gambling activities in the country which means that before a certain…

Sports ・ 22 October 2022

European Gaming

European Casino Association Awards Two EDP 2022 Diversity Scholarships

The European Casino Association has awarded scholarships to two deserving candidates for this year's ECA Diversity Scholarship, sponsored by AGEM, Clarion and the UNLV International Gaming Institute. Now in its fifth year, the Diversity Scholarship is open to all ECA member employees, enabling successful candidates to participate in-person at the…

Jobs ・ 10 October 2022

Casino Guru

EveryMatrix to power Veikkaus casino with content

EveryMatrix has won a crucial public tender that will allow the company to deliver its full range of titles and products to Veikkaus, the Finnish state-owned gaming company, which has been looking to award a major contract to the right partner. It turns out that EveryMatrix is that partner. The company will be the official content supplier for…

Industry ・ 06 October 2022

Yogonet

EveryMatrix wins public tender to offer Finnish state-owned gaming monopoly Veikkaus its casino content

iGaming platform provider EveryMatrix has been awarded the public tender to provide the Finnish state-owned gaming and lottery monopoly Veikkaus its library of casino content. The six years agreement was awarded to EveryMatrix after a competitive procurement process. Veikkaus will integrate the supplier's CasinoEngine solution, the iGaming…

Lottery ・ 05 October 2022

iGaming Business

EveryMatrix wins Veikkaus’ online casino games tender

The six-year tender will allow EveryMatrix to supply its catalogue of 65 online games to Veikkaus, which in turn will be offered to players in Finland. This will include content from EveryMatrix's own design studios, Spearhead Studios and Armadillo Studios, as well as its SlotMatrix partners. This will take place once Veikkaus integrates…

Games ・ 04 October 2022

Casino News Daily

Finnish grocery store slots will see some changes on Sept. 1, 2022

By this time next week grocery shoppers in Finland will no longer be as tempted to play slot machines in the stores if they'd prefer to simply go about their lives. On September 1, 2022, the machines' game menus will be restricted from view as a default setting and the games will only be available for play between the hours of 9:00 to 21:00. Games…

Gambling Addiction ・ 18 September 2022

YLE

Veikkaus ready to end gambling monopoly, switch to licensing model

The state-owned entity has called on the government to consider allowing foreign gambling and gaming companies operate in Finland under domestic rules. State-owned gambling company Veikkaus has recommended that Finland consider allowing foreign online gambling and gaming companies to operate in Finland under domestic legislation. This move would…

Law ・ 07 September 2022

Gambling Industry News

Finland’s Gambling Operator Veikkaus Ready to Give Up Monopoly

State-owned gambling company Veikkaus has stated in its interim report that it is ready to give up its monopoly position in Finland in the hopes that the government will open the market to privately-owned betting companies. In an interview with Ylen Ykkösaamu on Wednesday, Veikkaus' deputy CEO Velipekka Nummikoski pointed out that gambling…

Sports ・ 07 September 2022

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iGaming Business

Veikkaus to reduce slot machine operations in grocery stores

From 1 September, Veikkaus' slot machines will only be available for playing in grocery stores from 9am to 9pm, with the terminals to be switched off outside these hours. There will be no restrictions on the opening hours of other slot machines than those placed in grocery stores. Veikkaus will also restrict the visibility of the game menu on all…

Lottery ・ 18 August 2022

Techstory

The Leading European Countries Gambling Sites

Gambling is a game of luck and chance characterized by fun and entertainment. Gambling has existed since the old days, almost as old as human history. It never gets old, and it is still becoming more popular worldwide. With the growing technology, you do not have to travel miles to enjoy a game. It is challenging to handle gambling with universal…

Gambling Sites ・ 10 August 2022

Times Of Malta

Maltese casinos popular in Finland

Maltese licensed casinos are still by far the most popular today when looking at Europe as a whole. The Malta Gaming Authority is a trustworthy and reputable operator, whose licences are sought by almost all new casino companies. Players, or casino customers, value the licence and always consider sites that have it to be more trustworthy than…

Gaming Authorities ・ 14 July 2022

PSU

Do Finns Prefer Casinos or Regular Games?

Gambling and gaming are very similar activities, but some differences exist. One of the most significant differences between gambling and gaming is that for gambling, the outcome is usually achieved by luck, while in gaming, the result is generally dependent on skill. At the same time, both chance and skill play their part in gambling and…

Incidents ・ 20 June 2022

Times Of Malta

Stricter gambling regulations in Norway for ads on national TV

Medietilsynet, the Norwegian Media Authority, has ordered the country's largest TV distributors to stop advertising from foreign igaming companies. The measure comes amid a general suppression of gambling related ads in the Scandinavian nation after a widespread investigation last year that revealed breaches on Discovery Network channels FEM, MAX,…

Law ・ 06 June 2022

European Gaming

These Slot Games Are The Most Popular In Finland

In Finland, the state has a monopoly on gambling for nearly 70 years. Only Veikkaus is allowed to operate in Finland but Finnish players can play abroad and actually, that is getting more popular than Veikkaus. Online casinos that have Maltese or Estonian licenses are the most used sites and Finnish players like them. Nowadays the trend is to use…

Movies ・ 01 June 2022

Yogonet

ECA announces winners for European Dealer Championship 2022; event to return in 2023 in Cyprus

The European Casino Association (ECA) announced Thursday that after a two-year absence the European Dealer Championship concluded at Casino de Monte-Carlo in Monaco on 18, 2022. The 14th edition of the event gathered a "record number of participants, jury members and spectators," as stated by the ECA. Two days of competition saw 40 participants…

Blackjack ・ 19 May 2022

European Gaming

Fantasma Games celebrates record Q1

Developer posts impressive financial figures for the first three months of the year with net sales up 349% YoY at SEK4.8m Fantasma Games, the developer of slots beyond gambling, has reported record financials in the first quarter of the year with net sales hitting SEK4.8m representing a significant 349% increase year on year. Other financial…

Finance ・ 13 May 2022

European Gaming

Veikkaus Launches B2B Subsidiary “Fennica Gaming”

The international business-to-business operations of Veikkaus' subsidiary Fennica Gaming Ltd have been launched. The company engages in the provision of game services and products to corporate customers on international game development markets. Timo Kiiskinen, Managing Director of Veikkaus' new subsidiary Fennica Gaming and former SVP, New…

Lottery ・ 11 May 2022

SBNation

Reliable Ways to Make Deposits at Finnish Online Casinos

Finns like to spend their free time in casinos. Every year they spend more than 10 billion euros on gambling. Finland is among the TOP-10 countries in Europe where the iGaming industry is most developed. Three organizations control the gambling industry: Fintoto, RAY, and Veikkaus Oy. One of the key features of gambling is that online casinos…

Payment Methods ・ 19 April 2022

European Gaming

JOA Group Becomes the First French Operator to Meet the ECA’s Responsible Gambling Framework Criteria

France-based casino operator, JOA Group, has achieved certification according to the ECA Responsible Gambling Framework following an independent audit conducted by Pieter Remmers, Chairman of the Board of G4 (Global Gambling Guidance Group). Certification of its 33 casino estate ensures that JOA is operating in adherence with the latest standards…

Gambling Addiction ・ 12 April 2022

Helsinki Times

The Finnish gambling act designed to protect problem gamblers, or ensure a state monopoly?

The first of the reforms introduce payment blocks for any iGaming operator advertising for Finnish players except for state-owned monopolies. On top of this identification will be rolled out to extend to land-based slots, which currently sit outside of the monopolies' control. The last major changes are that advertising by private individuals,…

Law ・ 04 April 2022

Urban Matter

5 Gambling Countries That Have to Be Seen

Betting is a popular pastime in many regions of the world, despite the fact that it is still outlawed in some. Betting may take many forms, ranging from gambling at australian online casino no deposit bonus to online sports betting, with new choices for individuals who wish to gamble appearing all the time. The gambling business appeals to the…

Strategy Guide ・ 15 March 2022

European Gaming

The latest gambling regulation changes in Europe

We can all agree that gambling is something that is sometimes frowned upon, a taboo if you will, with many believing that all forms and types of gambling lead to gambling addictions. That statement and notion are not fair. Not fair on the player and not fair on gambling sites. Not all gambling leads to addictions, and with the technology…

Law ・ 15 March 2022

Gambling Insider

Casino of the year

Gambling Insider is pleased to announce this year's selection of competitors for the returning Casino of the year Award. The time has come. Following the suspension of this prestigious Award last year, due to land-based casinos being hit particularly hard during the Covid-19 pandemic. The rise of the Casino is once more! So, hello there 2022, and…

Covid ・ 09 March 2022

Sigma

Kasinosetä: iGaming Affiliation in Finland

iGaming Affiliates are individuals or companies who own a website and use the platform to direct players to the casino or group of casino brands they support. More often than not, online gambling affiliates have vast knowledge of the iGaming industry. They use their knowledge to direct players to an online casino, getting them to wager their…

Gaming Authorities ・ 09 March 2022

Gambling News

MrQ Expands Its Partnership with Red Tiger, Adds iGaming Content

The online casino operator MrQ has enhanced its offerings, by implementing premium content by Red Tiger - a leading B2B supplier of online casino software. Thanks to this deal, MrQ's players can now play a variety of new exciting, atmospheric and thematic jackpot games. The latter can be found on MrQ's platform under the new Daily Jackpots category…

Industry ・ 07 March 2022

Gambling News

Veikkaus Survey: Number of Problem Gamblers Decreases in 2021

Veikkaus unveiled the results of its new survey, outlining that problem gambling in Finland has significantly decreased in 2021 when compared to 2020. The Finnish state-owned gaming operator, Veikkaus, released the results of a new survey on Wednesday. This was Veikkaus' 11th population-level survey and it was conducted between August and November…

Gambling Addiction ・ 03 March 2022

iGaming Business

Finnish problem gambling rate falls year-on-year

The survey took place from August to November 2021 and involved 5003 respondents between the ages of 15-74. It contained 20 questions and was based on South Oaks Gambling Screen (SOGS) points, which measure how a respondent may be experiencing problem gambling. For each answer that indicated risk, the respondent was given one point, and a risk…

Gambling Addiction ・ 02 March 2022

European Gaming

European countries’ online casino legislation: which are the strictest and most lenient countries?

Gambling laws are changing all the time and it can be difficult to keep up. Most of Europe allows some form of gambling but the rules and legislation are different from one country to the next. In this guide, we're looking at the strictest and most lenient countries in Europe when it comes to gambling. While some countries strictly legislate and…

Law ・ 21 February 2022

The Jerusalem Post

The gambling land scape In Finland

Finland has just 16 physical casinos, but this has not prevented the gambling industry from being the country's most popular niche. Most Fins would rather access their favourite games via online casinos. The casinos give the people the chance to have fun playing various games at slot machines developed by reputed brands such as Sweden's NETEnt, who…

Lottery ・ 17 January 2022

The Jerusalem Post

Pay n play casinos in Finland

Playing online casino games in Finland is controlled by the government. This means that in terms of legal choices, players don't have a huge amount available. Actually, there is just one: Veikkaus, which is the government -owned betting agency and holds monopoly in Finland. However, there are different offshore casinos that you can choose to play…

Malta ・ 20 December 2021

iGaming Business

Finnish parliament passes gambling reforms at first reading

Reforms in the act include the introduction of payment blocking for any operators other than monopoly Veikkaus. In addition, mandatory identification - already introduced to Veikkaus slots earlier this year - will also extend to all forms of gambling. This is expected to be implemented no later than 2024. Marketing regulations would also change…

Politics ・ 17 December 2021

Gambling News

Finland Now Has Two Land-Based Casinos as Veikkaus Expands Reach

Yesterday, Veikkaus, the Finnish state-owned gaming operator, opened its second casino in the country. This comes as Veikkaus faces questions about its future as Finland's gambling monopoly. It follows only months after the operator opened its first casino, Casino Helsinki. Casino Tampere is a new casino that offers both classic table games as well…

Land-based ・ 17 December 2021

World Casino News

Veikkaus opens new Casino Tampere in Finland

A new gaming venue is now operational in Finland. Casino Tampere opened yesterday, offering a new style of arena casino gaming to Finland. Operated by Veikkaus, the casino has games with full authentication as well as the same game management tools and system operations as Casino Helsinki. The casino is the second one to launch in Finland,…

Industry ・ 16 December 2021

iGaming Business

Veikkaus loss limits cut problem gambling rates to “all-time low”

Veikkaus has long had mandatory loss limits for online "fast-paced games" such as slots, initially at €2000 per month. These were reduced to €500 back in April 2020 by government decree - a move which would become permanent in June 2021. Loss limits were then extended to physical slot machines in August 2021 after pandemic restrictions began to…

Gambling Addiction ・ 28 November 2021

Travel Daily News

Is Finland a good destination for casino lovers?

Finland is one of the happiest countries in the world. It is a great tourist destination, and it has something for everyone. From the spectacular art-filled cities of Helsinki to the country's lakes, rivers, and Nordic playgrounds, there is always something to do. Its historical and cultural attractions make it a fantastic destination. The cuisine…

Mobile ・ 26 November 2021

Times Of Casino

Problem Gambling Rates Dropped to an "All-Time Low" Because of Veikkaus Loss Limits

Veikkaus, the Finnish national betting agency, is wholly owned by the Finnish government and holds the country's only legal betting licensee for lottery and sports betting. Veikkaus has had monthly loss limitations for fast-paced online games such as Galaksino Casino Games for a long time, starting at €2000. The Galaksino offers a variety of games,…

Gambling Addiction ・ 23 November 2021

Malta Today

The new reform of the Lottery Act in Finland aims towards safety

If you are familiar with the Finnish gambling rules, you would know that they are very strict. The only operator that's accepted is the Veikkaus state-owned monopoly. And even though Finns can gamble on international websites, the marketing of casino games is forbidden. Right now, the Finnish government is preparing a reform that should reduce the…

Lottery ・ 23 November 2021

Gambling News

Loss Limits Help Slash Problem Gambling Rate, Says Veikkaus

Veikkaus, the Finish gambling operator revealed that the number of problem gamblers has decreased significantly. While the number of physical slot machines was reduced, fewer gamblers showed interest in slots. On the other hand, more online gamblers have set gambling loss limits, thus reducing their losses. In an effort to reduce gambling losses…

Gambling Addiction ・ 23 November 2021

EconoTimes

A look into gambling laws in Scandinavia

With the growth of online gaming, most countries have had to take a decisive stance on whether they wish to legalize gambling altogether. Unlike the traditional brick-and-mortar casinos, whose regulation and control was easier, online gaming quickly permeates borders, thus necessitating the adoption of decisive measures. Among the Scandinavian…

Law ・ 29 October 2021

iGaming Business

Veikkaus announces slot closures as Covid rules tighten again

The measure comes as a response to a resurgence of novel coronavirus (Covid-19) cases in the area. This has led to the government reintroducing its ban on restaurant and cafe operations, as well as dancing and karaoke. Slot machines in grocery stores, kiosks and service and traffic stations in the Satakunta region will remain playable, in addition…

Covid ・ 18 October 2021

YLE

State gambling firm Veikkaus cutting up to 190 jobs

Finland's state-owned gambling monopoly Veikkaus announced on Friday that co-determination restructuring talks with worker representatives had been finalised and that between 125-190 jobs at the company would be cut. The company said that the downsizing was due to a roughly 40 percent decrease in gaming volumes at its physical sales channels, and…

Jobs ・ 15 October 2021

iGaming Business

Eurosport fined €800,000 in Finland over gambling ads

The broadcaster was found to be advertising gambling services to the Finnish market during ad breaks for several years, despite overseas operators and broadcasters being prohibited from marketing to Finnish players. This was detected by Finland's National Police Board on the Eurosport 1 TV channel broadcasted in the country. The ads were deemed to…

Lottery ・ 14 October 2021

iGaming Business

Finland to introduce payment blocking and ban slot ads in new Lottery Act

The Ministry of the Interior said the purpose of the reforms are to "reduce the disadvantages of gambling". The new bill would introduce payment blocking for non-Veikkaus operators that direct their advertising to the Finnish market. The police would keep a block list of gambling companies whose payment transactions should be blocked by banks and…

Lottery ・ 06 October 2021

The Spread

Finnish Legislation Regarding Online Casinos Growing Tighter

Finnish Gambling Legislation Gets Tighter Finland has been one of the top-10 largest gambling nations in the world but will tighter regulations damper the online casino scene? In 2010, new gambling policies in Finland prohibited foreign bookmakers from using Finnish publications or outlets for advertising gambling products like casinos, mobile apps…

Law ・ 04 October 2021

European Gaming

Veikkaus Announces Temporary Closure of Restaurant Slots in Satakunta

Finnish operator Veikkaus has announced the temporary closure of its slot machines in restaurants and cafes across the Satakunta region, but its slot halls will remain open. The measure comes as a response to a resurgence of novel coronavirus (Covid-19) cases in the area. This has led to the government reintroducing its ban on restaurant and cafe…

Covid ・ 04 October 2021

iGaming Business

Veikkaus resumes slots in Satakunta restaurants as Covid-19 controls ease

The slot machines will be available to players from today (1 October) in facilities in South Karelia, Satakunta, Vaasa, Southwest Finland and Uusimaa, though opening hours will remain subject to restrictions. The shut-down for the gaming machines was announced on 24 September, coming into effect a day later amid a spike in novel coronavirus…

Covid ・ 04 October 2021

iGaming Business

Veikkaus’ Casino Helsinki introduces slot machine loss limits

The limits will come into effect from 24 September. The player-set loss limits can be set at the casino and will be handled by the shift manager at the given Casino Helsinki site. A block button has also been added to the slot machines to prevent gameplay, identified by a red color on the screen of each slot card reader. Gambling monopoly…

Gambling Addiction ・ 23 September 2021

European Gaming

Lidl to Remove Slot Machines from all its Finnish Stores

German supermarket chain Lidl has announced plans to remove slot machines from all its Finnish stores, becoming the first nationwide retail chain to do so in Finland. The machines, owned and operated by the state gambling agency Veikkaus, are scheduled to be removed from stores over the course of this coming summer. Lidl stores have a total of…

Finance ・ 23 September 2021

European Gaming

Veikkaus Data Shows 7% of Players Bring in 50% of Revenue

Finnish gaming monopoly Veikkaus has recently released customer data showing that 7% of players are responsible for 50% of all takings. In the first half of 2021, approximately 1.7 million customers played Veikkaus games, meaning that half of the company's revenue came from just 119000 players. When considering Finland's gambling industry as a…

Finance ・ 17 September 2021

iGaming Business

Veikkaus ID data shows 7% of players responsible for half of takings

Roughly 1.7m people played Veikkaus games in 2021, meaning that half the company's revenue came from 119000 players. The figure compares favourably with Finland's gambling industry as a whole, which takes into account offshore gambling, whereby 2.5% of players across all sites account for 50% of the revenue. The data was collected through mandatory…

Finance ・ 15 September 2021

Times Of Malta

Finland: Gambling laws and regulations in 2021

Gambling enthusiasts in Finland have more reasons to rejoice as compared to more conservative parts of the world. Finland is known to have one of the most liberal approaches to gambling regulation. To a certain extent, traditional land-based casinos are still regulated by appointed governing bodies. However, it still primarily allows casino…

Law ・ 06 September 2021

Gaming Intelligence

Veikkaus posts H1 revenue decline despite online gains

Finland's state-owned gaming operator Veikkaus has recorded a 13 per cent fall in gross gaming revenue to €527.1m in the first half of 2021, with Covid-19 related restrictions continuing to have a major impact on its business. Veikkaus said that the pandemic negatively impacted revenue by around €150m during the first half period, with casino games…

Finance ・ 01 September 2021

Q Costa Rica

Online Casino In Finland

Finland is one of the 5th biggest betting nations in the world. Though Finnish casino ordinances are usually rigorous, and all limitations are generally prohibited to a nation's syndicate. The two land-based casinos in Finland usually contribute all their money to philanthropy. Online casinos are typically legal but only under national…

Payment Methods ・ 28 August 2021

Legit Gambling

Veikkaus Imposes Max Online Slot Limits On Land Based Slot Machines

Veikkaus which is the state sponsored government betting agency in the country was forced to take steps to reduce the max betting limit on online slot machines in May 2020. Veikkaus which has a gambling monopoly on the Finnish gaming market was asked to implement these measures in light of the COVID-19 lockdown in 2020. The Finnish government…

Covid ・ 26 August 2021

CDC Gaming Reports

Finland: Veikkaus extends compulsory loss limits to physical slot machines

Finnish gambling monopoly Veikkaus is to extend gambling loss limits to its physical slot machines, with customers required to set a maximum loss amount before being able to play. Veikkaus in May last year was forced to introduce the measure for online customers in line with a decree from the Finnish Ministry of the Interior, aimed at reducing…

Gambling Addiction ・ 26 August 2021

Yogonet

Finnish operator Veikkaus extends digital loss limits to retail slot machines

innish government-owned betting agency Veikkaus will introduce compulsory loss limits to slot machines as part of responsibility measures to reduce problem gambling as of 1 Sept. 2021, announced the company on Tuesday. The decision follows Veikkaus' other similar endeavors for a safer gaming environment, including loss limits already being applied…

Gambling Addiction ・ 25 August 2021

iGaming Business

Veikkaus extends compulsory loss limits to physical slot machines

Veikkaus in May last year was forced to introduce the measure for online customers in line with a decree from the Finnish Ministry of the Interior, aimed at reducing players' losses during the novel coronavirus (Covid-19) pandemic. The measure was initially seen as temporary but after the requirement was extended on a number of occasions, the…

Gambling Addiction ・ 24 August 2021

European Gaming

Finland’s Veikkaus to Employ Loss-Limiting Tool on Slots

Veikkaus, Finland's state gambling monopoly, will install a tool on the slot machines from September onwards, allowing players to set a loss-limit. With this feature, players can limit the losses of their accounts up to a maximum of €500 euros per day and €2000 euros per month. The country's ministry of interior had asked the organization to set a…

Gambling Addiction ・ 23 August 2021