The recommendation comes from the European Gaming Betting Association (EGBA), the Brussels-based trade group promoting unified standards for regulated European gambling markets.
The EGBA welcomes Finland initiating a timeframe of 2024 to 2026 to launch its new gambling regime, ending its status as the “only EU member state with a monopoly system for online gambling.” The trade body welcomes Finland’s shift towards a multi-licensing approach for online gambling as a positive change.
Proceedings began in July with the Ministry of the Interior launching a consultation seeking feedback on how to structure Finland’s online gambling market to ensure consumers are protected from harm.
The EGBA supports the decision to withdraw state-owned monopoly operator Veikkaus Oy from Finland’s new online gambling marketplace in 2027..