Overview of Online Casino Industry in Finland

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When we talk about online gambling in Scandinavian countries, the rules are basically all the same. The Finnish government supports the complete monopoly on the gambling market even though it’s often being criticized by various European institutions. The EU has continually warned Finland about possible measures that can be taken unless they provide the free market opportunities but it doesn’t seem that Finland really cares.

The whole gambling process in the country is strictly controlled by 4 main organizations:

  • RAY is controlling all the land-based casinos in Finland;
  • Veikkaus Oy is controlling lotteries, sports betting and some other games;
  • Fintoto Oy is controlling the horse races;
  • PAF is controlling gambling in Aland Province.

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1 Jackpot City 650+
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2 Spin Palace 650+
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3 888 165+
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4 Betway 600+
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5 Leo Vegas 1180+
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6 Platinum Play 639+
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7 NightRush 450+
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8 Zodiac Casino 647+
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9 Captain Cooks 647+
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10 Lucky Nugget 650+
  • citadel casino
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11 Casimba 596+
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12 Villento Casino 647+
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13 CasinoLand 400+
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14 Luxury Casino 647+
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15 Casino Room 1000+
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16 Gaming Club 650+
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17 Dunder 900+
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18 7Sultans 510+
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19 All Jackpots 510+
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20 Red Flush 700+
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21 Bethard 900+
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22 Casino Action 647+
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23 Royal Panda 400+
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24 Grand Mondial 647+
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25 Blackjack Ballroom 647+
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26 All Slots 700+
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27 Casumo 200+
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28 Ruby Fortune 650+
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29 Guts 600+
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30 Two Up 220+
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31 Magic Red 500+
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32 Fun Casino 400+
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33 Rizk 600+
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34 GoWild 500+
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35 Yukon Gold 647+
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36 Quatro Casino 647+
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37 Challenge Casino 647+
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38 Casino Classic 647+
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39 Nostalgia Casino 647+
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40 bgo 500+
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42 Aztec Riches 647+
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43 777 152+
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44 LVbet 631+
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45 Yako Casino 800+
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46 King Billy Casino 800+
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47 Casino.com 350+
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48 MaChance 750+
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49 Times Square Casino 586+
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50 JoyCasino 1080+
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51 Casino-X 980+
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52 22Bet 3631+
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53 Bob Casino 1000+
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54 ScandiBet 909+
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55 Casino Cruise 600+
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56 Yeti Casino 288+
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57 Sloty 1600+
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58 SuperLines 600+
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61 Play Club 550+
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At the same time, the RAY and the PAF both have control over the online gambling in Finland. No other gambling operators can get the country’s license for online or offline gambling. Moreover, foreign online casinos are not allowed to the country too. But, in fact, gamblers from Finland are still making their real money bets in many foreign casinos, including the most popular ones like 888 casino or Leo Vegas and there are no legal means to stop them.

Despite the governmental control and unfavorable conditions, people in Finland love to gamble and offline casinos are usually full of people. There are quite a lot of poker players in the country and there is even a special poker tournament held yearly. Another popular gambling option (both offline and online) is sports betting. Unlike other European countries, where people are mostly betting on football or horse racing, here the priority is taken by Pesäpallo, the national sport of Finland.

It’s hard to say whether the government monopoly on gambling is a good thing or not. On the one hand, the strict rules run contrary to the European legislation but on the other hand, the money that the government gets from gambling are spent on the sports, art, cultural and scientific projects. And as long as Finnish gamblers have access to the foreign online casinos, it doesn’t really matter who owns the offline slots and sports betting systems in the country.