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Finnish Consumer Authority Says Veikkaus’ Revenue Should Go to Treasury
The Finnish Competition and Consumer Authority (KKV) has published its final report into the country’s state gambling monopoly, Veikkaus.
The authority has concluded that Veikkaus’ revenue should go to the Finnish treasury rather than specific ministries and that Veikkaus should be placed under the power of the Ministry of Social Affairs and Health.
More than half of Veikkaus’ revenue currently goes to the Ministry of Education and Culture to fund sports, science and arts, while 43% goes to the Ministry of Social Affairs and Health. The remaining 4% goes to the Ministry of Agriculture and Forestry as funding for horse racing.
The KKV said this meant that initiatives to reduce gambling harm could lead to underfunding in the other areas. It suggested that all revenue should go to the treasury instead to ensure predictability and stability in funding.
Research professor Mika Maliranta said: “If active efforts are made to reduce gambling disadvantages, Veikkaus beneficiaries will not be able to anticipate their funding, as reducing gambling disadvantages is likely to have an impact on the amount of Veikkaus revenues distributed to beneficiaries.
“On the other hand, if the gambling monopoly does not actively seek to reduce harm, the monopoly system does not meet the purpose or justification of the law. This contradiction has hampered the social debate about Veikkaus’ responsibility.”
The report also recommends that Veikkaus’ governance should come under the Ministry of Social Affairs and Health (STM) instead of the Prime Minister’s Office.
It said: “STM is already responsible for monitoring, researching, evaluating and developing prevention and treatment of gambling disorders. Thus, it would be best placed to steer the company in a direction where gambling causes less harm to individuals and society.”
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Betsson Group Awarded at the SBC Awards Europe

Betsson Group was once more distinguished as a gaming industry leader with two winning categories at the SBC Awards Europe 2025 – an event focused on recognising the best operators, affiliates, suppliers, payments and game developers across the European gaming industry.
This time, Betsson was awarded for:
Best Affiliate Programme – Betsson Group Affiliates
Betsson Group Affiliates (BGA) continues to lead the way in affiliate excellence, driving exceptional results through trust, innovation, and operational strength. Representing several reputable brands across Europe and beyond, BGA delivered outstanding performance in 2024 – growing traffic, conversions and partner loyalty through tailored support and cutting-edge tools.
With strategic expansions into high-growth markets such as Argentina, Greece and Colombia, BGA has empowered affiliates to deliver outstanding results through hyperlocal campaigns, region-specific assets and multilingual access.
Casino Operator of the Year
With all-time high results across key KPIs, Betsson Group’s focus on locally regulated markets continued to deliver. Player loyalty grew through personalised experiences, exclusive content and standout customer service.
Betsson’s commitment to user experience, compliance and innovation was further recognised with an upgraded ISO 27001:2022 certification and record-high customer deposits. With 91.7% of players using responsible gaming tools, and 1.35 million active customers, Betsson is not only growing fast, but doing so sustainably. These are just some of the reasons why Betsson Group earned this coveted award.
The post Betsson Group Awarded at the SBC Awards Europe appeared first on European Gaming Industry News.
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Spillemyndigheden: Danes Spent More Money on Gambling in April

The Danes’ gambling spend increased in April 2025 compared with the same month last year. Especially online casino and betting saw a growth in the spending.
Figures from the Danish Gambling Authority’s monthly statistics show that the total gambling spend in April increased by 11.5% compared with April 2024.
Particularly online casino and betting contributed to the growth in the total gambling spend with an increase of 21.6% and 6.1%, respectively. On the other hand, land-based casino and gaming machines saw a minor fall of 2.5% and 3.6%, respectively.
The monthly statistics also cover key figures describing the Danish Gambling Authority register of self-excluded players (ROFUS) and the helpline StopSpillet.
The post Spillemyndigheden: Danes Spent More Money on Gambling in April appeared first on European Gaming Industry News.
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Norway Progress Party Renew Calls to End Gambling Monopoly

Norway’s state-run gambling model could soon face a major change. With the next general election scheduled for September 8, the Progress Party is renewing calls to end the national gambling monopoly.
Speaking at a May conference hosted by the Norwegian Online Gaming Association (Norsk Bransjeforening for Onlinespill), MP Silje Hjemdal reiterated her party’s long-standing position that Norway must move towards a liberalised market. The call echoes the Progress Party’s 2021 election manifesto and gains momentum as similar reforms unfold in neighbouring Finland.
Hjemdal, a member of the Storting’s family and culture committee, highlighted successful remote gambling frameworks in Denmark, Sweden, and Finland. While she stopped short of endorsing a specific model, she expressed admiration for Denmark’s regulatory setup.
“I haven’t landed on a concrete model, but what’s happening in Denmark is very exciting. I’d gladly take a study trip there to learn more,” she said.
She also pointed to the broader risks of maintaining the monopoly, noting that large sums of money continue to flow out of the country through unlicensed platforms.
“We are one of the very few countries left using this model. There’s a clear need for better regulation—under the current system, Norwegian sports and culture lose out as money is spent offshore,” Hjemdal added.
The Progress Party isn’t alone in pushing for change. The Conservative Party also supports opening Norway’s gambling market and included the proposal in its latest manifesto, released in September 2023.
Carl Stenstrøm, Secretary-General of the Norwegian Online Gaming Association, believes the upcoming election could prove decisive. In a previous interview, he described the current level of cross-party support as the strongest yet for ending the monopoly, with liberalisation potentially arriving by 2028.
The post Norway Progress Party Renew Calls to End Gambling Monopoly appeared first on European Gaming Industry News.
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