Everything You Need to Know About the Casino Laws
In Finland, online casino gambling is strictly regulated by the Lotteries Act, which grants Veikkaus Oy a monopoly over most gambling activities.
The National Police Board enforces these laws, ensuring compliance and overseeing restrictions on offshore operators. While you could access these foreign sites, we don’t recommend it as you risk payment blocks and fines.
The National Police Board
- The National Police Board oversees all gambling regulation and compliance.
- It ensures online casinos comply with Finnish law under the Lotteries Act.
- The board enforces restrictions on offshore operators, including blocking payments and ads.
- It can impose fines or other penalties for illegal online gambling activities.
- The board monitors responsible gambling measures to protect players from harm.
- It manages and enforces self-exclusion programs for problem gambling.
- The board restricts unauthorized gambling sites through IP and payment blocks.
By 2027, the current monopoly held by Veikkaus Oy will be partially opened to private operators. The new framework will introduce B2C and B2B licenses, covering online casino games, betting, and software.
The National Police Board will be replaced by a newly formed regulatory authority, which will oversee these licensed operators and enforce new laws and responsible gambling practices.
Gambling in Finland
Veikkaus Oy controls all forms of gambling, including lotteries, sports betting, and casino games. Finland has only one land-based casino in Helsinki, and online gambling is restricted to this state-operated platform.
Quick Factsheet
- Veikkaus Oy holds a monopoly on online casino gambling.
- Offshore operators are prohibited.
- The National Police Board regulates gambling.
- There is one land-based casino in Helsinki.
- Lotteries and sports betting are legal.
- Strict advertising restrictions.
- Licensing for private operators begins in 2027.
- A new body will oversee gambling starting in 2027.
While the monopoly ensures player protection and responsible gambling, it significantly limits players’ options. That’s why I support shifting to a licensing system in 2027—it will provide diversity while safeguarding players.
Gambling History and Future
Gambling in Finland has a long history, dating back to the 17th century, but it was banned between 1899 and 1917. Modern gambling took shape with the establishment of organizations like Veikkaus Oy and PAF for the Åland Islands.
The two, along with the National Police Board, have overseen both land-based and online gambling for decades. Yet, controversies around offshore operators have led to calls for reform.
Finnish Flag
- 17th century – Gambling activities begin in Finland.
- 1899-1917 – Gambling is made illegal in Finland.
- 1966 – Penningautomatförening (PAF) established for gambling in Åland.
- 2001 – The Lotteries Act is introduced, formalizing gambling regulations.
- 2017 – Veikkaus merges with two other organizations, forming a monopoly.
- 2023 – Payment blocking begins for unlicensed operators.
As a result, by 2027, the monopoly will shift to a licensing model, allowing private operators to enter the market while maintaining strong player protections.
Conclusion
So, there you have it – Finland’s unique approach to online casino gambling is all about control, safety, and responsible play. With Veikkaus Oy holding a monopoly, you have limited but safe options for both land-based and online gambling.
But here’s the exciting part—change is on the horizon. In 2027, the market will open up, allowing private operators to offer their services. This will bring more choices, but remember, responsible gambling should remain your priority.
Frequently Asked Questions
Here are the answers to the most frequently asked questions about gambling in Finland. If something isn’t clear or you have more questions, reach out.
Is online gambling in Finland legal?
Online gambling is legal in Finland but is restricted to the state-run Veikkaus Oy. Offshore sites are accessible but face restrictions like payment blocks and advertising bans. Legal reforms will open the market to private operators by 2027.
Does Finland have any casinos?
Finland has one land-based casino, Casino Helsinki, located in the capital city. It is operated by Veikkaus Oy and offers over 300 slot machines and 20 table games. The casino also features a dedicated poker room with multiple game varieties, including Texas Hold'em and Omaha.
How much tax do you pay on gambling winnings in Finland?
In Finland, gambling winnings from state-licensed operators, such as Veikkaus Oy, are tax-free for players. But be careful – this doesn't apply to winnings from foreign casino sites. They are subject to taxation if they exceed €50.
Written By Angelina Vodenicharova