The first land-based casino in Finland was the Grand Casino Helsinki. It appeared in the 1990s, and is now one of the biggest and most popular casinos in the country. In 2001, the Lottery Act was approved, and the gambling sphere started to be regulated by the government.
Talking about the regulation and legal stuff in Finland, we can’t tell you that it is all transparent and understandable here. HolyMoly Casinos are going to explain to you how online casinos in Finland are licensed and regulated, and if it is legal to gamble there.
We can tell you that the laws concerning gambling are quite strict here, but still people are free to gamble, and its legal. Let’s start with the former and new Finnish regulatory bodies:
- Fintoto Oy - the department working exclusively on regulating horse racing activities;
- Veikkaus Oy - the most prominent department regulating all the national lotteries, sports betting, legal online casinos, Bingo rooms, and Keno. It is also issuing licenses;
- RAY - an authority for regulating the work of land-based casinos in Finland;
- PAF - the regulatory body for the gambling activity on Aland Islands, the autonomous area of Finland, which was the first to start issuing the licenses.
At the end of 2017, all of these bodies merged to one regulatory authority to put all the gambling stuff under one central body. All these things seem serious and nice, but the main reason is that they work only for the land-based and online casinos operating from Finland. The only thing prohibited for foreign online casinos is advertising of their services inside the country.
You can still play safely in any online casino accepting the Finns, as the government doesn’t prosecute the players for that. Nevertheless, the Finnish government isn’t supporting gambling at foreign online casinos on paper. The European Commission is against these rules, and the Finnish monopoly, as it is limiting people in their choice. The Lottery Act seems to stay unchanged even after all the regulatory bodies merged, so the Finnish government seems to stand their ground and doesn’t change their attitude towards advertising of foreign online casinos in Spain.
According to the Finnish Gaming Law, in 2010, the government isn't going to block the foreign gambling websites, but they can’t be advertised in Finland. Well, it doesn’t prevent the Finns from playing at any online casino they want. The statistics of 2013 says that only €1,7 million was spent by the Finns in Finnish online casinos. At the same time, they managed to spend €130-300 million at foreign casinos. The main reason why people are choosing a casino outside Finland, is the limited number of entertainment offered by the licensed and regulated Finnish gambling websites.
As the Finns are really fond of gambling, and every 8 out of 10 people have placed bets at least once, their monopoly will soon break down. 5 out of 10 people are gambling at least once a week, and Finnish casinos can’t offer them so many bonuses and games by now. Foreign online casinos are using aggressive marketing techniques to get this lucrative market and offer their products to the Finns.
There is also a good side of such strict rules on gambling only in Finland-based casinos. The main aim of the government is quite understandable, and even useful for the country, as all profits from online gambling in Finland are spent on socially important spheres. This money is supporting education, hospitals, and even treatments of various addictions.
If you are looking for a good Finnish casino or an online casino accepting the Finns, HolyMoly casinos’ guide will help you with this difficult choice.
How to Choose a Decent Finnish Online Casino?
Here are the tips for you to choose a good online casino Finland:
Firstly, you should check if you can play at this casino. Go to the Terms and Conditions and find a list of restricted countries. If Finland is not on the list, BINGO, you can play here. Some casinos don’t have this list, and you should ask their Support about this.
Licensing should be your top-priority, as it will be the only guarantee of your security. It’s better to choose a casino with the Maltese license. They will be the most trustworthy for the Finns.
The website should be available in Finnish. Usually, such casinos are oriented mainly on Northern Europe and offer not only Finnish language options, but also Swedish and Norwegian.
The game library should be big with multiple providers. Some casinos even offer their games in Finnish. Moreover, some slots and casino games are created for the Finns only.
The most popular banking method for the Finns is Euteller which is instant and convenient to use. They usually use euro as a currency, but a good online casino should also offer US dollars, and Krones.
The support of a casino should work 24/7 and offer an international toll-free phone to contact them whenever you like.
The mobile version of the casino should be available without downloading any applications.
Promotional offers for the Finns can be a bit different, so you’d better check those attentively. Some casinos even have more strict bonus terms for the residents of Finland.
If you trace all these points, you will be able to find a good casino, but we’ve made things easier for you, and created a list of reputable and trusted Finnish casinos.
Online Casinos for the Finnish Players
We’ve found the best Finnish casinos online for you to make your choice easier and faster, and here is our top 10 chart:
Definitely, these are not all the gambling websites accepting the Finns, but they are the most trusted ones. We recommend you to choose one of these casinos, but first, check its review on our portal. It will help you to understand it in a best possible way.
So, if you are from Finland, and gambling is your favorite hobby, you can choose any online casino you like, as it’s entirely legal. Be ready to make some effort to find an ideal place for you. We hope, our article helped you with your choice.