Gambling Law in Finland

Finland has a state-controlled monopoly on all forms of gambling: both offline and online. Three different entities are each responsible for a specific form of gaming in the country. These entities also operate the only officially sanctioned gambling sites in Finland.  

  • RAY is the provider for brick-and-mortar gambling across the nation. It has the monopoly for land-based casinos, table games, slot machines, and traditional casino games such as roulette. 
  • Veikkaus Oy is responsible for the national lottery, sports betting, and instant win games. 
  • Fintoto Oy is responsible for parimutuel horse racing. There’s a fourth organization that oversees all gambling in the Aland Province, which is an autonomous region that consists of 6700 islands extending into the Black Sea. This one is called PAF. All four of these organizations effectively carve up gambling amongst themselves under the direction of the Finnish government. All profits taken in from gambling activities are earmarked for social projects such as sporting events, arts, science, and education.  

Officially Licensed Sites 

PAF and RAY run the only legal gambling sites recognized by the Finnish government. PAF owns the monopoly on online gaming in the Aland Province while RAY holds control over the Finnish mainland.

Finland and the European Union regularly butt heads over the state monopoly on gambling. The EU requires free trade between member nations and sees the government monopoly as too restrictive to foreign operators.

The European Commission has issued letters of disapproval over the state monopoly while Finland has responded with letters of its own. That’s about the extent of the disagreement. It’s anybody’s guess as to whether the EU will ever take stronger actions against Finland.