Tag Archives: Veikkaus
Finland – Restructuring to allow Veikkaus a greater focus on responsible gambling
Despite a good start to 2019 and with the new land-based Casino Tampere set to open in 2021, fierce competition from online casinos has prompted Finnish-state-owned operator Veikkaus to slash 360 employment positions. The company is taking a tough stance on responsible gaming too with a new compulsory identification expected to reduce profit from slot…
Finland – Veikkaus to invest up to €8m on online games
Finland’s state-run gambling operator Veikkaus has said it will spend invest between €4m and €8m on its digital betting offering to stave off competition from offshore operators. It wants to add new online casino games and has started discussions with online game developers with new slot titles expected to be added in the next few…
Finland – Veikkaus predicts drop in slot revenue of €100 to €150m following compulsory identification
Finland’s stare-owned operator Veikkaus is predicting that revenues from its slot machines will fall by between €100 to150m a year, following the introduction of compulsory identification on decentralised slot machines as of January 2022. Veikkaus operates one international casino and several arcades around the country, offering a total of 21, 424 slot machines. The move…
Finland – Veikkaus to axe 400 jobs along with table games in restaurants
Finland’s state-owned betting company Veikkaus is making 400 employees redundant whilst also considering phasing-out table gaming in restaurants. The operator currently has 187 gaming tables in 162 restaurants and other night spots alongside those in Casino Helsinki. It confirmed it will hold redundancy talks with 1,300 employees out of its total workforce of some 2,000…
Norway – Danske Lotteri Spil, Française des Jeux, Norsk Tipping and Veikkaus form lottery alliance
Four European lottery operators have signed an agreement to establish a Joint Venture Company (JVC) with Danske Lotteri Spil, Française des Jeux, Norsk Tipping and Veikkaus forming the Lotteries Entertainment Innovation Alliance AS (LEIA). The four lotteries share the same values and public interest goals and they have been granted a mandate by their respective…
Finland – NetEnt signs deal with Veikkaus
NetEnt has entered into a license agreement with Finland’s state-owned gaming operator Veikkaus. NetEnt will supply a broad range of its popular digital games to Veikkaus’ online casino. NetEnt has signed a customer agreement with Finnish state-owned Veikkaus, the largest and only licensed gambling operator in Finland both offline and online with a turnover of…
Finland – Veikkaus controls modest revenue growth in Finland
Finland’s state owned gambling operator Veikkaus continues to control modest growth in its sector with revenue up 1.8 per cent to €875m for the six months to July 30 and profit increasing by 2.5 per cent to €505.5m. Veikkaus was put in place in 2017 to unite the three state-run monopolies for lotteries, sports betting…
Finland – Kiron supplies virtual catalogue to Veikkaus
Specialist virtuals provider Kiron Interactive has been selected as a virtual sports supplier to Finnish betting operator Veikkaus. The deal will see Kiron’s full 17 virtual sports games portfolio, including its exclusive winter themed sports, Hockey Shots and Speed Skating, made available to Veikkaus’ land-based and online sports betting operations. Kiron was chosen by the…
Finland – Inspired to supply virtual to Veikkaus
Inspired has been selected as the Virtual Sports supplier to the Finnish national betting agency, Veikkaus. Owned by the Finnish government, Veikkaus is the Finnish National Betting Agency and has an exclusive legal betting license on lotteries and sports betting in Finland. Via a public RFP process, Inspired has been selected to supply Virtual Sports…
