gambling in Finland

Gambling in Finland

Gambling is a popular activity among the Finnish population. The state-owned lottery, Veikkaus, generates a lot of money for the state. The lottery is also the most popular type of gambling in Finland. It is estimated that around 30% of the population plays the lottery at least once a week.

The gambling industry in Finland is a state-run monopoly. In order to protect players, Veikkaus is required to monitor the minimum legal age for gambling and to make warnings about harmful gambling effects. They must also introduce self-exclusion measures and place limits on daily and monthly losses. In addition, Veikkaus must ensure that players’ personal data is protected.

Gambling in Finland is regulated by the Ministry of Interior and the gambling department of the National Police Board. The regulations apply to casinos, horse racing, lotteries, and fantasy sports. However, gambling in Finland is still forbidden for foreign companies. This is because of the European Union’s rules, which allow for free trade between member states.

The Gambling Act of 2011 regulates gambling in Finland. The law prohibits all forms of gambling except betting on horse vedonlyonti ilman tilia races. A survey conducted in this country found that 11% of the population engaged in risky gambling. Moreover, 3% of the population had a gambling problem. Further, 1.4% of the population suffered from probable gambling dependency.