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The Legal Landscape of Online Casinos in Finland

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It’s safe to say that Finland has a very unique legal landscape when it comes to gambling. While most European countries practice free markets that are open to fair competition and international operators, Finland writes its own story on the matter. Unfortunately for Finns, this regulatory gambling landscape is not very favorable and Finnish gamblers dislike it, to put it mildly.

As you may already know, Finland focuses on government-regulated operators, which creates a “3+1” environment where only a selected few operators are allowed to offer gambling services in Finland. That goes for both land-based and online gambling activities.

Furthermore, this creates a country-owned monopoly where gambling is heavily regulated. Finland’s government has been defending this stance for a while now as they tax individual and operator gambling gains in order to secure those funds for a variety of social causes, including different charities.

However, the Finnish government hasn’t been able to prevent Finnish citizens from gambling at off-shore online casinos, which is why Finns use reliable sources like kasinohai.com/uudet-kasinot, for example, to find online casinos that suit them the most. So with that in mind, let’s have a more closer look at the legal landscape of online casinos in Finland.

What are the current gambling laws in Finland?

As mentioned before, Finland has a 3+1 government-regulated monopoly over local gambling activities. According to the Finland’s Lotteries Act (1047/2001) only state operator “Veikkaus” is allowed to provide gambling games in Finland. In other words, there is no licensing system that can be awarded to different operators, should they meet certain regulatory standards and other polices.

The goal of Finnish government is to use this monopoly to reduce, prevent and control negative effects of gambling, most importantly gambling addiction. However, back in 2021 the Finnish Competition and Consumer Authority (FCCA) stated that the current gambling system has proven ineffective at minimizing the negative effects of gambling. The point in fact is that Finland is one of the leading countries in the world for gambling problems among its populace.

In order to strengthen the monopoly and get another shot at minimizing negative effects of gambling, amendments were introduced that include penalties and payment blocks for service providers. In other words, payment service providers are obligated to block payments and other transactions made by Finns towards online casinos not operating in Finland. All off the amendments are in effect as of 2023.

Finnish overlook of foreign online casinos

Although all the amendments  to the Lotteries Act are in place, Finnish gamblers still find a way to play their favorite casino games at international or off-shore casinos. One might wonder why that is so when gambling is available in Finland, even though it’s regulated by the government. Well, that’s exactly why Finns look for outside sources of gambling and entertainment.

Being limited by selected operators that provided limited number of games and bonuses, as well as having you winning and payments heavily taxed, isn’t something Finnish gamblers are very fond off. In this particular case, grass is, in fact, greener on the other side of the fence. EU free market provides Finnish players with a myriad of options not only when it comes to operators but also for game variety, bonuses and tax-free transactions.

International casinos are happy to accept players from Finland so it’s only natural that Finns would choose off-shore operators over the local ones. An even if local operators would to provide better offers, the heavy tax implications would still drive most of the Finns away and towards off-shore operators.

Potential changes to Finland’s gambling laws

Finns’ venturing outside their border to play casino games has finally made an impact on the local government. As a matter of fact, Finns are spending more money at international casinos than local ones. That said, back in September, 2022, Veikkaus has reported that their profits are decreasing and that they now only hold 70% of market share in Finland.

Even though political parties in Finland have protected the monopoly so far, most of them are beginning to reconsider their support. If you’re wondering why, it’s because of monetary gains, of course. The way things are now, Finland would profit more from issuing licenses to foreign casino operators than they are from current taxation of local gambling. Therefore, a major potential change might happen in Finland after all. However, the licensing of commercial online gambling market cannot happen overnight.

Even Veikkaus  agrees that it’s time for fast transition so that Finland can capitalize on the opportunity that has presented itself, but some of the political leader are more in favor of a slower and well-calculated approach. It seems that Finland will use the licensing model that’s in place in Sweden and Denmark, provided they decide to make the necessary changes, in the first place. We’ll just have to wait and see what happens next.

Baltics

The best European gamers will meet in Vilnius: global tournaments and the latest technology presentations

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As Lithuania increasingly finds itself in the spotlight of the global gaming community, country’s gamers can once again rejoice at significant news. Lithuania will host “Trackmania World Tour” stage. With this news, it is planned that 24th to 26th of May, in Vilnius the “Baltics Gaming Expo” will bring together the best gamers from across Europe and the world.

International tournaments and showcase battles

“We love to play, and we’re really good at it at the highest level. This is the second year that the “Baltics Gaming Expo” will gather video game enthusiasts and professionals from all around Europe. If last year, 29,000 participants and visitors came to participate or watch tournaments, explore the latest technologies, and try out newly released games, this year, we expect even bigger growth. After all, we have some special news – the “Trackmania” game tournament at the event is included in the global rankings. In other words, all the best players are coming to Vilnius”, says Šarūnas Tamulis, one of the organizers of the “Baltics Gaming Expo”.

Players from France, the United Kingdom, Germany, Denmark, the Netherlands, Poland, Latvia, and other countries will participate in the global ranking tournament. Among the participants will be representatives from Lithuania.

The largest gaming and technology event in the Baltic States will also feature “Counter Strike”, “Valorant”, “Rocket League”, “League of Legends”, and other international tournaments.

“There will also be special showcase battles. The best players and streamers in the country will meet on the main stage and compete playing “Counter Strike” and “Valorant”, the organizer says.

From famous streamers’ to retro games

In the gaming community, it’s popular to watch other players remotely broadcast their matches via social networks (game-streaming). Streamers are like opinion leaders, whose popularity and influence grow every day.

“To the delight of our community, the very popular streamer AnnieFuchsia will also attend the event. She has gathered half a million followers on her Twitch channel alone. For those interested, we will create an opportunity to participate in a discussion with the gamer, get answers to significant questions, or even get a photo together”, says Š. Tamulis.

Attendees of the event will also be able to enjoy a space dedicated to exceptional retro games. It will feature dozens of classic arcade games from the 80s and 90s.

“The technology giant “Samsung”, has prepared special activations for the visitors. At the largest “Galaxy AI” stand, you’ll be able to familiarize yourself with the latest artificial intelligence news and try them out on smart devices. There will also be a special “Brawlstars” tournament at the stand, where well-known content creators and enthusiasts of this game from Lithuania, Latvia, and Estonia will meet. The winner will receive the latest “Samsung Galaxy S24 Ultra” phone”, the organizer presents.

A weekend for popular culture

The “Baltic Gaming Expo” will take place during “Comic Con Baltics 2024 powered by Samsung,” the largest popular culture event in the Baltic States. From May 24th to 26th, “LITEXPO” will turn into a universe of popular culture.

Fans will have the chance to meet stars from iconic Hollywood projects. Among them are actors from the “Harry Potter” films Natalia Tena and Devon Murray, “Marvel” film actor Sean Gunn, “Highlander” actor Adrian Paul, actress Natasha Halevi, internet comic stars Rob DenBleyker of “Cyanide&Happiness,” “Natural Habitat Shorts,” “Nobody Sausage,” and Nathan W. Pyle, creator of “Strange Planet” comics.

The event will also feature the largest cosplay competition in the Baltic States, premieres of the latest films, presentations, and discussions, an interactive family space, the “Artists’ Alley,” which annually unites around a hundred popular culture artists, a space for vendors offering many curiosities, impressive decorations from the most famous films and series worldwide, and many other attractions.

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Gaming

NVIDIA and GIGABYTE bring NVIDIA Reflex iCafe Attack across 20 gaming cafes, rewarding INR 2,00,000 through esports tournament

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NVIDIA, the world leader in accelerated computing, has tied up with GIGABYTE, a global leader in computer hardware, to bring the NVIDIA Reflex iCafe Attack. The esports tournament took place across 20 gaming cafes in India including Delhi, Mumbai, Chennai, Shillong, and Bangalore, with teams registering to compete in Counter-Strike 2 for a share of the INR 2,00,000 prize pool.

Commenting on the successful association and the completion of the NVIDIA Reflex iCafe Attack, Sunil Grewal, Director, GIGABYTE India, said, “We are thrilled to wrap up the first-ever NVIDIA Reflex iCafe Attack, bringing Counter-Strike 2 esports action to cafes in every nook and corner of the country. As leaders in the manufacturing of graphic cards loved by gamers worldwide, we are glad to have organized a grassroots-level esports tournament bringing together esports enthusiasts in an epic showdown, enabling us to connect directly with the Indian PC gaming community.”

The NVIDIA Reflex iCafe Attack esports tournament, in collaboration with GIGABYTE, highlighted the importance of top-tier hardware like the GIGABYTE GEFORCE RTX 4070 SUPER GAMING OC 12GB GDDR6 in competitive gaming. With advanced features such as ray tracing and AI-enhanced graphics, this GPU ensures smooth performance and low-latency responsiveness crucial for esports titles like Counter-Strike 2. Its robust cooling system and overclocking capabilities maintain peak performance during intense gaming sessions, empowering players to excel. By integrating cutting-edge hardware, GIGABYTE enhances the esports experience, fostering competitiveness and immersion in the digital arena.

The NVIDIA Reflex iCafe Attack 2024 was a resounding success, with more than 70 teams registering to compete in the open-for-all tournament.

These 70 teams competed in their local cafes, where the best 32 advanced to the National Playoffs. The NVIDIA Reflex iCafe Attack 2024 National Playoffs happened every Saturday and Sunday, across April 2024, where the 32 teams locked horns in intense Counter-Strike 2 esports action for the lion’s share of the INR 2,00,000 prize pool.

Ultimately, Mumbai’s Global Gaming Cafe dominated Bangalore’s Colosseum Cafe 3-0 in a one-sided grand final to be crowned the champions. The team will walk away with INR 1,00,000 of the total prize pool.

● Global Gaming Cafe (Mumbai): INR 1,00,000

● Colosseum Cafe (Bangalore): INR, 60,000

● Immortal Cafe (Delhi): INR 40,000

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Gaming

Flexion Enters into Partnership with Jam City

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Flexion, the games marketing company, has partnered with Jam City, a leading mobile entertainment company behind some of the world’s highest-grossing and most enduring mobile games, to bring a selection of the publisher’s best-in-class games to the Alternative App Stores: Amazon Appstore, Huawei App Gallery, Aptoide, ONE store, Samsung Galaxy Store, DT Hub and Xiaomi GetApps.

“We are always looking for new opportunities to build our network of global players, and Flexion is a proven partner that will help introduce our award-winning titles to new audiences in the alternative stores,” Curtis Barnes, Senior Director of Publishing Operations for Jam City, said.

“We’re all about helping developers like Jam City reach the full potential of their games. We’re delighted they have chosen us to add revenue and audiences for their games on the alternative app stores,” Jens Lauritzson, CEO of Flexion, said.

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