Online casinos gaining popularity in Finland
In recent years, Finnish online casinos have taken on an important role alongside traditional slot machines. The younger population in particular is increasingly playing online casinos. Pay N Play casinos have further increased the popularity of online gambling.
Casino gambling has a long history in Finland. The state-owned gambling company Veikkaus has been providing casino services to citizens for decades. The company operates slots machines, sports betting, traditional casinos and its own online casino.
Bonusetu.com has seen a clear increase in search volumes over the last few years. The site is one of Finland’s leading casino comparison sites, offering readers a wide range of information on casinos, gambling and bonuses.
Finns prefer online casinos to traditional casinos for a number of reasons. Modern online casinos make it easy to play from anywhere. There are more games available, withdrawals are quick and most casinos offer a variety of bonuses.
Finland has been considering ways to divert more revenue to the state-owned gambling company. So far in the country, no licences have been granted to any operator other than the state-owned Veikkaus. Other Finnish-language online casinos mainly operate under licences issued by Malta, Estonia or Curacao.
However, thanks to EU legislation, Finns are allowed to enjoy the services of foreign online casinos. Winnings are paid tax-free for Finnish players if the casino operator holds a licence from the European Economic Area.
As for the future, the situation in Finland is open as gambling legislation is currently being reformed. This could also have a significant impact on citizens’ ability to play at foreign online casinos.
This article was written by Tuomas Laine, content manager at Bonusetu.com.