Independent market intelligence on Finland's gambling reform Press & Media

Finland Gambling Market Statistics

Comprehensive data on Finland's gambling market reform — market size, Veikkaus financials, offshore market, player protection and regulatory framework. All figures sourced from official publications.

Market Overview

Metric Figure Source
Total gambling market (GGR) €1,835M (2025) H2 Gambling Capital
Veikkaus GGR €936M (2025) Veikkaus Annual Report 2025
Offshore GGR €903M (2025) H2 Gambling Capital
Veikkaus digital market share 39% (2025) H2 Gambling Capital
Offshore online casino control 76.6% H2 Gambling Capital
Offshore betting control 72% H2 Gambling Capital
Offshore growth (2021–2025) +74% H2 Gambling Capital
Market opening year 1 July 2027 Finnish Parliament

Veikkaus Financial Performance

Metric Figure
Revenue (GGR) 2025 €936.3M
Revenue (GGR) 2020 €1,260M
Revenue decline 2020–2025 -26%
Retail GGR 2025 €342M
Retail GGR 2020 €714M
Retail decline -52%
Operating result 2025 €431.6M
State payment 2025 €578.3M
Employees 1,194
Investment (total) 2025 €53.7M
Product development €30.7M

Source: Veikkaus Annual Report 2025

Veikkaus Market Share Decline

Year Veikkaus Digital Market Share
2018 84%
2020 ~70%
2022 ~52%
2024 ~42%
2025 39%

Source: H2 Gambling Capital

Problem Gambling

Metric Figure Source
Problem gambling prevalence 4.2% (2023) THL Population Survey 2023
Number of problem gamblers ~151,000 THL 2023
Prevalence 2018 2.6–2.8% THL 2018
Change 2018–2023 Nearly doubled THL
Young men 18–29 with problems 6.9% THL 2023
Men with problems 6.6% THL 2023
Women with problems 1.8% THL 2023
Affected family members ~733,000 THL 2023
Peluuri helpline contacts 2024 10,000+ Peluuri.fi
Internet as main channel 93% Peluuri/THL
Online slots as problem type 71% Peluuri 2024
Players with gambling debts 78% Treatment data
Typical debt level €20,000–50,000 Peluuri
Payday loans for gambling 28% Debt collection authorities

Regulatory Framework

Provision Detail
GGR tax rate 22%
Application fee €29,000
Maximum penalty 4% of turnover or €5M
B2B licence requirement Mandatory from July 2028
PSP blocking Implemented since 2023
IP/DNS blocking Planned for 2027
Welcome bonuses Banned
Affiliate/influencer marketing Banned
Player identification 100% in all channels
Self-exclusion Centralised national register
Channelisation target 90%
Expected licence applications 40–50 operators

Timeline

  1. 2017 — Veikkaus formed from merger of three state operators
  2. 2023 — PSP blocking implemented for unlicensed operators
  3. Dec 2025 — Parliament approves new Gambling Act (94% support)
  4. Jan 2026 — President signs act into law
  5. Mar 2026 — Licence applications open via Lotteriinspektionen
  6. Autumn 2026 — First licences expected
  7. 1 Jul 2027 — Licensed market opens
  8. Jul 2028 — B2B licences mandatory

Sources

  • Veikkaus Annual Report 2025
  • H2 Gambling Capital — Finland Market Data
  • THL (Finnish Institute for Health and Welfare) — Population Survey on Gambling 2023
  • THL — Population Survey on Gambling 2018
  • Finnish Parliament — Gambling Act (HE 2025)
  • Peluuri.fi — Helpline Statistics 2024
  • Finnish debt collection authorities — Gambling debt data
  • Finnish Government — Regulatory framework proposals