Tag Archives: finland

Veikkaus unveils new live casino offering supported by Playtech

Finland’s Paf renews long-standing Kambi sportsbook partnership

Gambling tech provider Playtech has been selected as the exclusive live casino partner for Finland’s state-owned monopoly operator Veikkaus.  Playtech’s winning tender builds on the London Stock Exchange-listed company’s previous partnership with Veikkaus, spanning across online casino, online poker, retail VLT machines, as well as a casino management system, which now also includes live casino games.  The extension clause is …

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Magnus Linder, Better Collective: Taking big steps in diversification and expansion

SBC News Magnus Linder, Better Collective: Taking big steps in diversification and expansion

Magnus Linder, Director of Northwest Europe for Better Collective A/S, opens up on the latest developments for the company, including acquisitions, strategy and its vision to become a preferred partner and industry leader. ________________ SBC: Last summer you acquired four Swedish websites from the Everysport Group: SvenskaFans.com, Hockeysverige.se, FotbollDirekt.se and Innebandymagazinet.se. Circa six months on from that deal, what have …

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Finnish police enter prosecution stage in illegal gambling and AML case

SBC News Finnish police enter prosecution stage in illegal gambling and AML case

Finland’s Central Criminal Police have been conducting an extensive investigation into money laundering relating to a potential illegal gambling operation in the country. A preliminary investigation launched in 2022 estimated that between 2016 and 2022 several million euros were transacted via the illicit operation, which involved at least three individuals. All three are suspected of ‘aggravated money laundering’, with one …

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Veikkaus sets sights on post-2026 Finland market leadership

veikkaus

Finland’s state-owned gambling monopoly Veikkaus Oy has initiated several structural changes ahead of a planned legislative overhaul of the country’s gaming licencing system. Under plans by the Finnish Ministry of the Interior, the monopoly held by Veikkaus is set to end in 2026, being replaced by a ‘partial licence system’. Veikkaus will remain exclusive licensee for lottery and land-based gaming, …

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Finland’s Interior Ministry gets wheels in motion on gambling reform

finland/finnish parliament

The political process to overhaul Finland’s licensing system and end the current monopoly held by Veikkaus Oy is underway, according to the country’s Ministry of the Interior. To prepare for this transition, the Ministry has initiated a project to draw up ‘necessary legislative proposals’ for reform, particularly concerning the allocation of licences and the framework behind this. This will include …

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Veikkaus begins ‘transformation programme’ for monopoly closure 

veikkaus

Veikkaus, Finland’s gambling and lotteries monopoly, has initiated a ‘transformation programme’ to brace itself for a significant ‘system change’ in Finnish gambling. The company anticipates that proceedings will commence this fall. Earlier this year, the Finnish government confirmed its intention to terminate Veikkaus’ monopoly privileges by 2026. This move is part of a broader strategy to restructure Finland’s gambling market. …

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Gambling marketing under police spotlight at WRC Finland

Gambling marketing under police spotlight at WRC Finland

Finland’s National Police Board (NPB) is  monitoring the World Rally Championship (WRC) taking place in the country this week. The police believe that unclienced and overseas gambling operators may seek to leverage the high viewership and visibility of the event for marketing purposes.  Due to the exclusive licence system maintained in Finland, with a monopoly held by the Veikkaus Oy …

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Finland govt to end Veikkaus monopoly ‘no later than’ Jan 2026

Finland

Finland’s government has confirmed the scope and time frame of the country’s reforms of its gambling licence system, setting an expected date for the end of Europe’s last gaming monopoly. The changes were announced in the government’s latest agenda, along with a range of other legal changes. According to authorities, interested stakeholders can expect a change away from the current …

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Winning Post: Nordic Noir for Norway & Finland

SBC News Winning Post: Nordic Noir for Norway & Finland

Regulus Partners casts its eyes to Nordic affairs, where two recent legal judgements portray a fragmented future for European gambling’s most lucrative marketplace… Two court cases decided last week affirm our view that Nordic grey markets are fast approaching some form of regulatory clarity. While Betsson won its case in Finland, Kindred lost in Norway, with the court ordering that …

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Finnish influencer issued suspended sentence over marketing breaches

Finnish flag

A Finnish influencer and streamer has lost a legal case after a District Court ruled that he had violated national gambling marketing and advertising laws. Lauri Kangas – a casino streamer who distributed content via his own website as well as YouTube, Snapchat and Twitch – was found to have promoted operators other than the Veikkaus Oy monopoly. The streamer …

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