In July, the Ministry of the Interior opened a consultation seeking feedback from government agencies and departments on Finland launching a modern gambling regime in 2027.
The timeframe of 2024-to-2026 will see state-owned gambling group Veikkaus Oy end its monopoly on Finnish gambling activities for land-based and online gambling.
In 2027, the government of Finland aims to relaunch its gambling regime, opening up the online gambling market to competition by ending monopoly arrangements of Veikkaus.
Reformists back plans for a regime change, as Finnish authorities state that they cannot control consumers’ engagement with unlicensed online gambling websites. Reports detail that Finnish adults are wagering more than €500 million each year on unlicensed websites.
THL, which serves as the principal research agency on Finland’s public health..