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Veikkaus and Viaplay plan Viabet launch in Finland and Denmark

Deals & M&A2 min read

In brief

  • Veikkaus and Viaplay's Finnish and Danish divisions agreed a commercial partnership to launch the Viabet gaming brand.
  • Viabet is planned to launch in Finland and Denmark from 1 July 2027.
  • Veikkaus said the deal supports its international consumer-business plans; Viaplay will contribute media content.
  • Veikkaus' B2B subsidiary Fennica Gaming, started in 2022, supplies digital gaming solutions in 21 countries.

Veikkaus has agreed a commercial partnership with Viaplay's Finnish and Danish divisions to launch a gaming brand, Viabet, in Finland and Denmark from 1 July 2027. The company said the agreement supports its ambition to build a consumer business beyond Finland and marks a step in its international strategy.

Veikkaus president and chief executive Olli Sarekoski said Viabet is a strategic step for the company and a demonstration of how it is advancing its international growth ambitions. He said the partnership would let Veikkaus build a differentiated offering, improve its competitiveness in the open market and create a foundation for a scalable international consumer business based on Finnish expertise.

Viaplay Denmark chief executive Lars Bo Jeppesen said Veikkaus had shown ambitions and expertise for the Danish market, with responsibility central to its plans, and that Viaplay's live sports portfolio and commercial approach to partnerships supported those ambitions. Viaplay Finland chief executive Mikael Svensson said the companies already work together on Finnish sports production and that the new agreement expands that relationship.

Veikkaus began its international operations through its B2B subsidiary Fennica Gaming in 2022, which provides digital gaming solutions to customers in 21 countries. Jonas Reuter, executive vice president of international business, said the opening of the Finnish online gambling market creates a growth opportunity for Veikkaus and that Viabet allows the company to turn its expertise into a consumer business in selected markets.

Countries served by Fennica Gaming 2022
21

“Viabet is a significant strategic step for Veikkaus and a concrete demonstration of how we are advancing our international growth ambitions”

Olli Sarekoski, president & CEO
Timeline
  1. Completed

    Veikkaus begins its international operations through B2B subsidiary Fennica Gaming

  2. Scheduled

    Planned launch of Viabet in Finland and Denmark

Cite as: SectorWire, “Veikkaus and Viaplay plan Viabet launch in Finland and Denmark”, https://sectorwire.news/item/veikkaus-and-viaplay-plan-viabet-launch-in-finland-and-denmark/

Connections

Entity mappartnered withoperates inappointed atappointed atappointed atFinlandDenmarkVeikkausViaplayLars Bo JeppesenMikael SvenssonOlli SarekoskiViabet launch deal

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