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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Veikkaus OY has welcomed the study into the Finnish gambling market and international comparisons published by the country’s government this week. The state-backed betting, gaming and lotteries monopoly largely agreed with the Ministry of the Interior’s assessment of Finland’s gambling landscape, particularly that change is needed. In the report, policymakers estimated that around €500m to €550m in Finnish gambling revenue …
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The Finnish government appears to have reached the conclusion that its existing gambling monopoly is not faring particularly well, and that a changeup in the licensing framework is a necessary remedy. Findings from a recent study into the monopoly held by Veikkaus found that the state-backed betting, gaming and lottery operator is losing its grip on the country’s wagering market, …
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The Finnish gambling and lottery state monopoly Veikkaus Oy has called on lawmakers to delay the introduction of mandatory identification checks of coupon games, including lotteries. Veikkaus started to upgrade its sales terminals ahead of the introduction of Finland’s new Lotteries Act, which came into force on January 1, 2022, though some points in the law were granted a transitional period and can be …
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Veikkaus Oy’s international B2B division Fennica Gaming has officially launched, as the company progresses with its expansion plans enabled under Finnish legislation. The Finnish state-backed betting monopoly’s new division will provide game services and products internationally to corporate customers across betting and gaming. Fellow Scandinavian state monopolies Norsk Tipping (Norway) and Svenska Spel (Sweden) have become the first businesses to …
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FDJ Gaming Solutions, in collaboration with Carrus Gaming, has secured a retail distribution agreement with Finnish state-owned gambling monopoly Veikkaus Oy. As a result of the link-up, FDJ will provide Veikkaus Oy with its digital development platform (DDP) and image analysis in order to inform development of the operator’s terminal application. The new application will function independently on Carrus Gaming’s …
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Maarten Haijer, Secretary General of the European Gaming and Betting Association (EGBA), has raised doubts over the effectiveness of Finland’s gambling monopoly, Veikkaus. Writing for the EGBA, Haijer called on the Finnish government to ‘fix’ its gambling policy, highlighting that the maintenance of this monopoly offers very little to both the players and the government. He explained that the current monopoly system …
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Lottomatica’s Ludovici Calvi has been reappointed as the President of the Global Lottery Monitoring System (GLMS) at the association’s most recent AGM in Antwerp. Joining Calvi, a number of other members have been elected to the Executive Committee for the upcoming 2019-2021 term. Kauhanen Sami from Veikkaus OY has been appointed, alongside EL Mechrafi Younes from MDJS as well as …
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