Gambling Webhosting and Licensing

Wednesday, 20 September 2017

Online gambling - jurisdictions - Finland

Finland gambling licenses

Finland is a Northern European nation bordering Sweden and Russia.  The Northern Lights can be seen from its Arctic Lapland province, also home to the country’s main ski resorts.  it is the eighth largest country in Europe and the most sparsely populated country in the European Union.

The first inhabitants of Finland were the Sami (Lapp) people, when Finnish speakers migrated to Finland in the first millennium, the Sami were forced to move northward to the arctic regions, with which they are traditionally associated. The Finns' repeated raids on the Scandinavian coast impelled the Swedish King Eric IX, to conquer the country in 1157. It was made a part of the Swedish kingdom and converted to Christianity.  On Jan. 1, 1999, Finland, along with ten other European countries, adopted the euro as its currency.

Corporate tax: 20%
Gambling tax: 30%

Who manages E-Gambling in Finland?
National Police Board

Overview:
There are three companies that have legal gaming licences, domestic company Veikkaus, which is state owned,  holds the license for sports betting and lotteries and has launched products for Internet and mobile phone, while domestic company Fintoto, who is privately owned, holds the license for horse race wagering and has also launched products on Internet and mobile phone. A third domestic company, Raha-automaattiyhdistys, which is state owned, holds the license for slot machines and casino games, This will broaden the scope of activities which are considered to be marketing and to directly prohibit such activities.  No marketing directly or indirectly of gaming or lotteries are allowed in Finland.

Additionally, there are no criminal codes that outlaw the act of placing a bet with an unlicensed operator. Therefore, Finish nationals are free to play at any of the many gambling sites based out of other nations. Some of the biggest gaming companies in the world accept Finns and even have Finnish language websites.


Even some of the most legally conservative gaming companies such as Bet365 and 888 happily accept customers from Finland. 


Licence Length:
Up to 5 years

Anti-Money Laundering Policy:
All operators must comply with AML legislation in force.

Online casinos licensed in Finland:
PAF and RAY run the only legal gambling sites recognized by the Finnish government.
Contact Details:
National Police Board
Gambling Administration
PO Box 50
FI-11101 Riihimäki

Email: arpajaishallinto(at)poliisi.fi
Telephone: +358 29 548 0181 (National Police Board)

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