Finland breaks state monopoly: Makes room for other gambling companies
Finland is facing a major change: the country wants to open up the gambling market to competition in 2026.
Finland is facing a major change: the country wants to open up the gambling market to competition in 2026.
Greentube, the online gaming arm of Novomatic, has just taken a big step in Finland. Thanks to a partnership with Veikkaus, the state gambling operator of Finland, Finnish players can now enjoy some of the most popular games.
Veikkaus is dealing with a sharp decline in its turnover. In its financial report for the first half of 2024 the company reported a 7 percent decline in gross gaming revenue GGR.
Finland is set to make major changes to its online gambling laws, marking a significant milestone in European gambling regulation.
Antti Koivula shares his insights and visions for the future regarding the dramatic changes taking place in the Finnish gambling market.
Finnish broadcaster MTV reported earlier this month that foreign gambling companies will be allowed to enter the Finnish market from next year.
Finland is preparing for a major transformation of its online gambling market with legalisation planned for 2027.
Finland is about to open its online gambling market. The bill for a new gambling law has been submitted for consultation. Veikkaus the state-owned company that until now had a monopoly on online gambling will have to compete with other operators from the beginning of 2027.