Veikkaus Oy, a Finnish state-run betting agency, has experienced stagnating revenues amidst economic uncertainty. In 2022, revenues fell by 3% compared to the previous year, and financial profit and operating income remained relatively unchanged. The sluggish revenue was mainly attributed to weak consumer confidence, among other factors. Veikkaus has been facing challenges, including the rise of unlicensed online gaming and regulatory scrutiny of its operations.
The company's future remains uncertain, with the Finnish government considering changes to Veikkaus' operations, including the possibility of granting licenses to private operators. The company has taken measures, including cost-cutting and reorganizing its operations, to remain competitive and sustainable.
The company's future remains uncertain, with the Finnish government considering changes to Veikkaus' operations, including the possibility of granting licenses to private operators. The company has taken measures, including cost-cutting and reorganizing its operations, to remain competitive and sustainable.
