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Casino
May 10, 2022
Veikkaus Expands with B2B Gaming Division
The state-owned gaming giant in Finland, Veikkaus, has launched an international B2B division through which the company will export its know-how and savviness to foreign markets. Fennica Gaming will enable Veikkaus to significantly expand its operational footprint and comes on the tail of regulatory changes in the way gambling is run in Finland. Veikkaus Goes […]
Sports
April 14, 2022
Veikkaus to Further Support Domestic Football via New Deals
The Finnish state-owned gaming operator, Veikkaus, announced Tuesday that it inked two cooperation agreements that will increase the financing for football clubs. Finnish Gaming Monopoly Inks Two Strategic Football Deals The Finnish gaming monopoly revealed that it joined forces with the Finnish Football Association as well as the Veikkausliiga. As a result, each of the […]
Industry
March 3, 2022
Veikkaus Survey: Number of Problem Gamblers Decreases in 2021
Veikkaus unveiled the results of its new survey, outlining that problem gambling in Finland has significantly decreased in 2021 when compared to 2020. Finnish Population Affected by Problem Gambling Decreases in 2021 The Finnish state-owned gaming operator, Veikkaus, released the results of a new survey on Wednesday. This was Veikkaus’ 11th population-level survey and it […]
Casino
December 17, 2021
Finland Now Has Two Land-Based Casinos as Veikkaus Expands Reach
Yesterday, Veikkaus, the Finnish state-owned gaming operator, opened its second casino in the country. This comes as Veikkaus faces questions about its future as Finland’s gambling monopoly. It follows only months after the operator opened its first casino, Casino Helsinki. Casino Tampere Comes to Finland Casino Tampere is a new casino that offers both classic […]
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 […]
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. […]
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 […]
Business
December 22, 2020
Yggdrasil Extends Veikkaus’ Online Partnership into Retail
Gaming solutions provider Yggdrasil announced today it entered into a deal with Finland’s state-owned gaming operator Veikkaus, signing a Game IP Licensing Agreement. Slot Games for Veikkaus’ VLTs Under the terms of the deal which relates to the retail segment of Veikkaus, Yggdrasil will work in collaboration with the state-owned gaming company to repurpose its […]