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Finland’s government plans to replace gambling monopoly with licensing by 2026

Regulation

Finland’s newly elected government said it plans to replace the gambling monopoly with a licensing system no later than 2026. A preliminary report estimated annual gambling margins outside the exclusive system at €500m to €550m; Veikkaus chief executive Olli Sarekoski said the change should happen faster rather than more slowly.

Finland’s planned licensing system could allow licensed operators into a market now governed by a gambling monopoly.

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Regulation

Finland's online gambling rules raise channelisation concerns

Finland's regulated online gambling market is due to open in July 2027 under the Finnish Gambling Act, ending state-owned Veikkaus' exclusive rights to online casino games and sports betting. A Helsinki Times op-ed questioned whether tough responsible gambling measures, including restrictions on marketing and bonuses, will keep licensed offerings attractive, citing Sweden's experience since 2019. Sweden's regulator Spelinspektionen has itself suggested its 90 per cent channelisation target may have been overly ambitious.

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