Finland

News & Analysis

News In Brief: March 6-March 10, 2023

Veikkaus has just over 50 percent of the Finnish online market, a California cardroom bill makes progress, PAGCOR cancels its controversial audit contract and Argentina's Córdoba province moves forward with licensing finally.

Finnish Health Body Says Evidence For Licensing Lacking

The Finnish Institute for Health and Welfare (THL) has warned the government that any change to the current licensing system must be based on evidence, which it claims does not show an increase in problem gambling or gambling outside the monopoly.

New Finnish Powers Already Deterring Foreign Marketing, Says Regulator

Several gambling operators have already stopped marketing to consumers in Finland following the bolstering of enforcement powers from the start of 2023, according to the country’s regulator.

Finnish Government Mulls End Of Online Gambling Monopoly

After months of pressure and speculation Finnish authorities announced on Thursday they are officially considering the possibility of scrapping the country’s gambling monopoly and launching a licence-based online gambling system.

Finnish Minister Pushing For Online Licensing

A Finnish government minister has said there is large cross-party support for the introduction of an online gambling licensing regime.

Research & Reports

Interactive Map: Gambling Advertising Across Europe

Advertising is one of the most hotly discussed topics in the European gambling industry. In this map, VIXIO GamblingCompliance shows the current situation regarding gambling advertising in all jurisdictions. The map highlights the differences among the countries that allow, partially prohibit or forbid gambling advertising.

Finland: Act on Virtual Currency Providers

On April 26, 2019, the Financial Supervisory Authority (FIN-FSA) announced that the President has approved the Act on Virtual Currency Providers and a briefing has been arranged for virtual currency providers.

Finland: Government Proposes Act Strengthening Measures to Tackle Money Laundering and Terrorist Financing

On October 4, 2018, the Finnish government presented to the parliament a proposal to introduce a new Act concerning the Supervision of Banking and Payment Accounts (förslag till lag om ett övervakningssystem för bank- och betalkonton och till vissa lagar som har samband med den).

Finland: Government Introduces Draft Law Implementing GDPR

On March 1, 2018, the Ministry of Justice announced that the Finnish government had introduced a proposal (HE 9/2018 vp) to the parliament on a draft law implementing the General Data Protection Regulation (GDPR) into the country’s legal framework.

The aim of the draft act is to supplement and shed light on the GDPR’s provisions for obliged legal and natural persons in Finland to be aware of their rights and be able to comply with their obligations arising thereof.

Finland: Government Introduces Draft Law Implementing GDPR

Data & Forecasts

Finland - Veikkaus Report - 2001 to 2022

Latest quarterly data from Veikkaus of Finland. The data released for the operator contains the following information: Turnover by sales channel and by game, internet gaming turnover by channel, prizes, retail commissions, lottery tax, operating profit, KPIs and distribution of turnover by points of sale. There are approximately 2,150 data points in this document.

Kindred Group Report - 2004 to 2022

Latest quarterly data from Swedish-listed Kindred Group. The data released for the operator contains the following information: Gross winnings revenue (GWR), gross profit, profit from operations, betting duties, a geographical & segmental breakdown of GWR, sports betting KPIs and number of active & registered customers. There are approximately 3,000 data points in this document.

LeoVegas Report - 2013 to 2022Q3

Latest quarterly data from Swedish-listed LeoVegas. The data released for the operator contains the following information: Revenue, cost of sales, gross profit, operating expenses, marketing expenses, EBITDA, operating profit, active & depositing customers and a breakdown of revenue & deposits by geography. There are approximately 1,450 data points in this document.

XLMedia Report - 2013 to 2022H1

Latest half-yearly data from UK-listed XLMedia. The data released for the company contains the following information: Revenues by business segment and user location, cost of revenues, gross profit, operating expenses and operating income. There are approximately 370 data points in this document.

Market Monitor: European Land-Based Gaming

This report aggregates available, sourced data on regulated land-based gaming markets across Europe, split between casinos and non-casino gaming venues. Market size and annual growth comparisons across 28 reporting European countries can also be visualised via an interactive dashboard.