“New gambling regulations in Finland will end Veikkaus’ gambling monopoly.”
Get ready for new casinos in the Finnish gambling market.
The new gambling regulations are about to go into effect in Finland. Please find some new Finland regulations: monopoly casino. By the year 2027, Finland’s Ministry of the Interior is planning to allow other gaming companies to work in Finland. This is a major step forward for the government. These new regulations will end Veikkaus’ monopoly. First of all, gamblers who reside in Finland will have a wider choice of casinos. Second of all, new gambling standards will be higher, and the gambling market in Finland will become stronger and more intense.
What awaits Veikkaus?
For those who do not know what Veikauss is – it is the betting agency, which is owned by the state, and which has a gambling monopoly. In general, there are major things that are about to happen with Veikkaus. First of all, Veikkaus will end its work related to online casino and sports betting, however, regardless of that, the company will pay fees to be able to provide games like tot games, scratch cards, and lottery games, as well as land-based slot machines. In addition, in order to boost the growth of its shareholder value, it is planned to sell some parts of the company.
New gambling regulations in Finland
New regulations aim to monitor advertisements and marketing, to make sure that it has the right focus, namely on licensed gambling activities, and that the number of advertisements does not exceed the norm. Additionally, it will restrict those advertisements, which aim to engage those individuals who are vulnerable and underaged. Moreover, new regulations will limit everything that promotes games with high risk. If the new licensing and control agency detects illegal operations or various offers from the black market, it will have every right to impose sanctions and stop payment traffic. The main aim of new regulations is to prevent harm from gambling, but at the same time to enhance the demand for legal gambling. In general, Finland will have higher standards for gambling. We talked about the New Finland Regulations: monopoly casino in this country.
Initially, the Veikkaus’ Monopoly was supposed to be stopped by 2026.
Interesting factAlthough this deadline may be met, the market will be launched no sooner than 2027.
Conclusion
In conclusion, we think that it is a huge milestone for Finland! First of all, it will allow Finland to present to its players more foreign online casinos, and at the same time maintain higher standards, which will comply with the new rules.
Online casinos which operate in Finland:
Below you will find a list of online casinos, which are available for those gamblers who reside in Finland:
Finally, we would like to remind you, that we have a lot of bonuses and useful information regarding online casinos on our website. Thus, if you’re looking for more online casinos and beneficial bonuses, make sure to check out our list of new online casinos and the latest bonuses!
Nicole
Meet Nicole, our Head of News and your go-to source for all things gambling! With a keen eye for stories, Nicole keeps you up-to-date on online casinos, industry trends, and exciting gambling news. Her engaging and approachable style makes even the most complex topics enjoyable and easy to understand.
