Finland grants 12 online gambling licences ahead of market liberalisation
National Police Board has approved 12 of 79 applications submitted for Finland's online gambling market, which opens to private operators in July 2027.
First licences approved
Twelve companies have received licences to operate in Finland’s upcoming online gambling market as of 26 October, according to the National Police Board. The regulator disclosed the information through a request submitted by iGB.
Finland is opening online gambling up to private operators on 1 July 2027, liberalising its previously state monopoly-run regime. The National Police Board told iGB that as of 26 October, 79 gambling licence applications had been submitted, with 12 licences granted and zero rejected.
Licensed operators
Companies granted licences include Hippos ATG Oy, Sunflower Gaming Limited, Granturo Finland Ltd (Wildz Group), Skill On Net Ltd, SuomiVeto Oy, Cloudberry Ent Limited, SixthSpin Limited, KuuFlip Limited, RocketLily Ent Limited, Nivei Ursi Limited, YTBlue Limited, and Buccone Trading Limited.
Veikkaus, the current state monopoly, has submitted an application to continue contesting the online gaming market post-liberalisation but has not yet received a licence. The company will retain its monopoly over lottery, scratch cards and land-based gaming machines in the country when the market opens while online gambling will be subject to private competition.
Market size
The market had a total estimated GGR of €1.9 billion in 2026, according to H2 Gambling Capital data. An estimated 81% of total market GGR came from online sources.
Sources
- iGaming Business · Industry media · primary source ·
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