List of approved Finnish gambling licences
Finland is gearing up for partial gambling market liberalisation on 1 July 2027. From that date, licensed private operators will be able to provide online gambling services in the country as Finland moves away from its state-owned monopoly model.
Licence applications opened in March 2026 and the National Police Board, the government body responsible for processing applications, has started officially announcing licence approvals.
iGB has collated a list of approved gambling licences, as well as details of the companies holding them, where available.
Consult the list below for a manually updated, verified list of approved Finnish gambling licences.
Finland liberalisation: What exactly is happening?
Finland currently operates a monopoly gambling model under which state-owned operator Veikkaus has exclusive rights over all forms of gambling in the Nordic country.
As of July 2027, online gambling will be liberalised enabling private operators to compete in the online market. Veikkaus (which will compete with private operators) will retain its monopoly over land-based gaming machines, lottery and scratch cards.
When the market launches, the National Police Board will hand over regulatory oversight of the market to a brand new regulatory body, the Supervisory Agency, which is currently being set up.
Finland’s market at a glance
Finland is considered a promising market opening opportunity. The country has one of the highest per-capita gambling rates in the world. It also enjoys a stable political consensus behind liberalising online gambling, in contrast to the prevailing winds of regulatory tightening and tax hikes across Europe.
European gambling industry operators, lawyers and experts have told iGB they are are broadly happy with the new regulatory regime.
Several major operators have told iGB they have big plans for the market. Wildz Group’s CEO told iGB last month that the company plans to launch 11 brands in the country and apply for several more licences after receiving its first licence in October.
While Veikkaus currently has a monopoly, there is a sizeable grey market in Finland as operators can legally supply gambling services provided they do not specifically market them to Finnish customers.
Finland has a total estimated market GGR of €1.9 billion in 2026, according to H2 Gambling Capital data. Veikkaus’ total GGR for 2025 was €931 million, although this was a major drop from €1.8 billion in 2017.
The channelisation rate in Finland is estimated to be around 50%, but was reported to have been as high as 90% a decade ago. Sliding channelisation is seen as one of the driving factors behind the country’s decision to liberalise iGaming.
What about B2B suppliers in Finland?
At launch, operators will be free to choose B2B gambling service providers, as long as the operator remains compliant with its obligations under the updated Gambling Act.
However, from 1 July 2028, a licence from the Supervisory Agency will be required to supply B2B services to licensed Finnish operators.
The application window for suppliers to launch B2B software licences will open in July 2027.