The Latest in finland
Sports
December 10, 2021
Deal with Carrus to See FDJ Power Veikkaus With a DDP
Through a partnership with the betting solutions and services provider Carrus Gaming, the French next generation sports betting platform, FDJ Gaming Solutions, will provide its digital development platform and image analysis to the Finnish betting agency Veikkaus Oy. This Will Be The First Time FDJ Has Provided a DDP The deal will assist Veikkaus Oy […]
Industry
November 16, 2021
Loss Limits Help Slash Problem Gambling Rate, Says Veikkaus
Veikkaus, the Finish gambling operator revealed that the number of problem gamblers has decreased significantly. While the number of physical slot machines was reduced, fewer gamblers showed interest in slots. On the other hand, more online gamblers have set gambling loss limits, thus reducing their losses. Problem Gambling Rate Plummets In an effort to reduce […]
Casino
October 18, 2021
Veikkaus Restores Operations to Suspended Gaming Machines
Finland was one of the Nordic iGaming markets to enforce tough restrictions on gaming venues as the COVID-19 pandemic was mounting its charge across the country. Yet, the fourth quarter of 2021 seems to be accompanied by the easing up of anti-COVID restrictions. As a result, the country’s gambling behemoth, Veikkaus, announced that it has […]
Business
October 15, 2021
Veikkaus Reduces Workforce, Parts Ways with up to 190 Workers
Citing decreased business volumes, Finnish state-run gambling operator Veikkaus announced that it will reduce its workforce. The company said today that it will be letting go of as many as 190 employees. Veikkaus to Lay Off Employees, Change Employment for Some Workers It was back in November of last year when Veikkaus, the gambling monopoly […]
Legal
October 15, 2021
Finland Issues $929,000 Fine for Eurosport Over Gambling Ad Breaches
Finland’s National Police Board found that broadcaster Eurosport breached rules related to gambling advertising by marketing gambling services “regularly, extensively and for several years.” Consequently, the Board introduced a $929,000 fine for Eurosport. Eurosport Receives a Fine in Finland Earlier this week, the National Police Board (NPB) in Finland announced that it prohibited Eurosport from […]
Industry
August 9, 2021
Veikkaus’ Revenue May Be Redirected to Finland’s State Budget
Finnish national betting agency Veikkaus recorded a drop in its revenue, which caused a negative influence on Finland’s science, sport, culture, youth work, health and social welfare sectors. That is why Antti Kurvinen, the Minister of Science and Culture, thinks the income of Veikkaus should be distributed differently, thus transfer it to the state budget. […]
Esports
August 4, 2021
Esports Entertainment Group Launches Innovative “Pay-And-Play” Online Casino in Finland
Malta-licensed online operator Lucky Dino announced the launch of Fiksukasino.com, which seeks to facilitate the online gaming process. Fiksukasino.com, “Pay-And-Play” Online Casino in Finland The online gambling company Esports Entertainment Group has announced the upcoming launch of Fiksukasino.com, a “pay-and-play” online casino brand aimed to serve customers on the Finnish gaming market. The brand will be launched by Malta-licensed online operator Lucky Dino. The company said […]
Business
January 12, 2021
Veikkaus Adds Identity Verification for Player Protection
Starting Tuesday, Veikkaus will ask players to verify their identity in order to play slots. The measure will reduce player losses by up to €300 million. “Significant Financial Consequences” As of January 12, Finnish gambling operator Veikkaus will request players verify their identity in order to access its slot machines, as part of a package […]
Industry
December 17, 2020
Veikkaus To Furlough 800 Employees From January 12
Veikkaus announced Tuesday it will temporarily lay off up to 800 employees from January 12, as the spread of Covid-19 cases rises in Finland. Furloughs Will Occur Gradually Starting January 12 Finnish state-run operator Veikkaus Oy has announced temporary furloughs set to begin in early January due to the Covid-19 pandemic. Earlier this month, the […]
Business
December 6, 2020
Veikkaus Announces Negotiations for Possible Temporary Redundancies
Veikkaus revealed that it initiated discussions which may lead to temporary workforce redundancies. The government-owned betting agency was forced to close its venues in light of recent spikes of positive COVID-19 cases. Veikkaus Warns of Temporary Workforce Redundancies Finnish government-owned betting agency, Veikkaus, announced earlier this week that it has initiated negotiations concerning the function […]