The Eu imposed a lot of pressure on Finland to break the monopolies and permint other companies to provide both online and land based gambling...
Finland Online Casinos: Welcome players from Finland, here you will be able to find Finnish online casinos. All the casinos listed on this page offer online casino gambling software in Finnish language and with Euro currency. Also you can expect the support team to answer in Finnish. Pick one of the top online casinos below for a secure and fun gaming experience.
Finland Online Gambling Market: Gambling is legal in Finland however the laws relating to it are very complicated. It should be noted that all Finnish gambling is monopolized and the market has been divided among three bodies that are owned and controlled by the Government of the nation. Each of these bodies tends to look after different aspects of gambling.
There is an interesting point to be noted in this nation. All the profits generated by gambling are generated back to the people. These profits are the major source of funds from everything that ranges from improvement programs to health-care programs. All table games and slot machines along with national lottery are controlled by RAY. When it comes to horse racing and sports betting they are managed and looked after by Fintoto Oy.
Finally there is PAF that supervises all gambling on the Alfand Islands. It should be noted that gambling in all forms are very popular in Finland and there is one study that suggests that there are as many as 90% of the people who have gambled. There are 41 percent of people who have gambled every week and the average Finn in the nation spends about 13 Euros every week for gambling.
Online gambling in the nation is legal and it has been around since 1996. This gambling is also monopolized and presently PAF provides internet gambling in the nation with a complete online casino and a bingo website. They provide their gambling services to players in Finland. However this move has caused issues with RAY in the norths who believe that the PAF website infringes on their monopoly. RAY wishes to establish an online gambling website but has no wants to compete with PAF. The interior minister of Finland Kari Rajamaki has overruled this complaint and till date RAF remains the biggest supplier for online gambling in the nation.
The EU has imposed a lot of pressure on Finland to break open the above monopolies and also to permit other companies to provide gambling in the nation in both online and offline forms. The Finnish Government needs to put up a fight insisting that all forms of gambling in the nation is not only for the means of making profits. However the EU tends to disagree and this matter is yet to be completely resolved. When it comes to the number of online gambling websites in Finland there are 250 Finnish websites that provide games in English or Finnish and they accept wagers in both US dollars and Euros.
The Government of the nation does not like the Finns to gamble at casinos that are overseas. They have also proposed and introduced a law that would allow Finns to win back their losses in these foreign casinos. This in turn will stop casinos hosted by foreign lands to accept players from Finland. This rule has however not been passed as of now and the EU is pressuring the nation to open up its gambling monopoly so this means it will not be long before online casinos are available to Finnish gamblers.