Tag Archives: Finland
Finland – Pandemic closures wipe €300m from Veikkaus’ 2020 revenues
The coronavirus epidemic had a significant impact on Veikkaus ‘business operations in 2020 with profit for the financial year down 36.6 per cent at €680.2m. The company’s slot machines were closed entirely or in part for a total of about five months. Gross Gaming revenue for the financial year was down 25.5 per cent to…
Finland – Veikkaus lined up for online monopoly as slot authentication kicks in
The Finnish Ministry of the Interior is considering a major overhaul of the Finnish Lotteries Act that would allow monopoly operator Veikkaus to launch B2B services. Veikkaus would be able to create a new division to ‘provide gambling products and services to other companies.’ The ministry said: “The basic premise of the reform is that…
Finland – Finnplay promotes CCO to Managing Director
Finnplay Technologies has selected Sari Aitokallio as its new Managing Director. Ms. Aitokallio is a founding partner in the company and has been active as its Chief Commercial Officer since March 2018. Finnplay’s founder, Martin Prantner, has stepped aside from his role as CEO and will focus on strategy, new market development and partnerships in…
Finland – Yggdrasil agrees retail supply deal with Veikkaus
Yggdrasil has signed a Game IP Licensing Agreement with the Finnish incumbent gaming operator Veikkaus for the retail segment. In collaboration with Veikkaus, Yggdrasil will repurpose and provide slot games for the Veikkaus retail estate in Finland over Veikkaus’ proprietary Video Lottery Terminals (VLTs). Yggdrasil already supplies Veikkaus with slot content in the online channel….
Finland – EGBA explains why it’s time for Finland to lose its gambling monopoly
With Finland’s gambling policy at a cross-roads, Maarten Haijer of the European Gambling and Betting Association believes the government faces a clear choice: stick with the failings of the current policy and its monopoly system, or change course. Mr. Haijer said Finland is now the only EU county which still has a gambling monopoly. This…
Finland – Veikkaus introduces mandatory identfication for slot machines
Slots gaming at kiosks, stores, restaurants, and service stations is set to change dramatically throughout Finland from January, when it will become compulsory for players to identify themselves in order to play. This will come into effect on January 12 2021. After that, players won’t be able to play slots on decentralized slot machines without…
Finland – IGT’s PlayRGS and PlayCasino strengthen Veikkaus’ player engagement
International Game Technology has successfully launched its IGT PlayRGS (remote game server) solution and IGT PlayCasino content with Veikkaus Oy, Finland’s state lottery operator and World Lottery Association member. “IGT PlayDigital’s solution enables Veikkaus to provide its players with best-in-class online content, including IGT’s top-performing PlayCasino games,” said Jan Hagelberg, Veikkaus Vice President, Casino Games….
Finland – Push Gaming pens content agreement with Paf
Push Gaming has signed an agreement to distribute its games content to Nordic operator, Paf. Paf will offer players Push Gaming’s titles such as Jammin’ Jars, Wild Swarm and Razor Shark, with the full suite of content to follow soon after. Commenting on the deal, Fiona Hickey, Head of Sales at Push Gaming, said: “Paf shares…
Finland – Veikkhaus broke Finnish law in not putting central game server contract out to tender
The Finnish Competition and Consumer Authority has ruled that Finnish state-owned gambling operator Veikkaus broke the law in how it bought a central game server off International Game Technology. The problem was that happy with the existing system, Veikkhaus decided to renew the contract for the central gaming system with IGT without a tender. According…
