Finland Likely a Step Closer to Removing Veikkaus Gaming Monopoly

A study into Finland’s gaming industry has been in the works for months in an effort to determine if its monopoly, Veikkaus, is working. Even the state-run organization believes it’s not 100% effective, and the chances are increasing that it will lose some of its control.

A Veikkaus customer uses a gaming machine. The debate over the elimination of the state-run monopoly in Finland continues.
The task of the working group, established by the Ministry of the Interior, has been to find out what should be done about Finland’s gambling monopoly. The initial results show issues that confirm why monopolies don’t work, with the Finnish government losing considerable revenue.

Veikkaus wants change as quickly as possible, according to a statement it released. Its monopoly could shrink to slot machines and lottery products, but it might compete with foreign operators in the iGaming segment.
 
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