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Tag Archives: Veikkaus

Finland – Veikkaus brings betting limits and ID requirement to betting outlets

Finnish betting operator Veikkaus is introducing new betting laws on June 10, 2021, that will see customers making bets at points of sale such as shops, kiosks, traffic stations, restaurants and Veikkaus ‘own gaming venues having to have signed up as a Veikkaus’ Loyal Customer. Bets at these outlets will have a limit of €1,500….

Finland – Relax Gaming goes live with Veikkaus in continued Nordic expansion

Relax Gaming, the igaming aggregator and supplier of unique content, has signed a major deal to supply its in-house and third-party slot portfolio to Finnish government-owned betting agency, Veikkaus. The partnership will give Veikkaus access to Relax Gaming’s rapidly expanding library of proprietary content, including popular titles Templar Tumble and Money Train 2, as well…

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 – 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 – Veikkaus wants to speed up mandatory identification of players in gaming halls

Finnish operator Veikkaus wants to bring forward the mandatory identification of players in gaming halls and extend the online loss limits to slot machines Achieving the goals requires changes in either the law or regulations. Veikkaus’ goal is to bring forward the transition to mandatory identification by 1.5 years in its own arcades, Feel Vegas…