"The Ministry of the Interior of Finland has announced a raft of changes to operator license fees as part of the incoming 2027 Gambling Act. This update comes in a substantial year for legal reform in the Scandinavian nation, with the breakup of the longstanding state-owned gambling operator Veikkaus Oy. Finland will now move to a more competitive model under the new Gambling Act, and the reform aims to shift licensing away from the established one-track norm under Prime Minister Petteri Orpo's government."
"According to the post, the fees to hold an exclusive licence and a gambling licence will cost EUR 29,000 ($34,000), and any alterations made by a holder will result in a EUR 1,120 ($1,330) fee. The major aim, says the overseer, is to further regulate all forms of gambling and eliminate routes for illegal operators to flourish, however, compared to other nations, the fee is lower."
Finland will open parts of its gambling market under a new 2027 Gambling Act and break up the state-owned Veikkaus Oy to enable competition. The Ministry of the Interior set operator licence fees at EUR 29,000 for exclusive and gambling licences and an alteration fee of EUR 1,120, with licence applications open from March 1, 2026 to December 31, 2026. The market is scheduled to go live in July 2027. Regulation and application responsibilities will shift from the National Police Board to a new Supervisory Agency, and the reform aims to better regulate gambling while limiting illegal operator routes.
#finland-gambling-reform #operator-licence-fees #market-liberalisation #regulatory-transition #veikkaus-breakup
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