The Republic of Finland has always had a distinctive gambling market, one that is controlled by the government and quite liberal when it comes to all sorts of ways a person could gamble, online and in land-based establishments. Finland online casinos are one of the biggest sources of income in the country, particularly in recent years. Being the fifth largest gambling nation in the world, Finland is constantly facing attempts of foreign operators to get into the country’s unique market, which seems unlikely, at least in the near future. Finish players have nothing to worry about as gambling is entirely legal and regulated within their country’s limits. Finland’s residents enjoy game diversity, easy to use banking methods and more, although they have access to state-owned betting sites.
Unlike some countries where people have the passion for gambling, but the government is making things extremely complicated, Finland has no problems with regulating its own gaming market and applying a legal framework no one seems to complain about. Sure, only state-supported operators are legally authorized to offer their services, and this whole monopoly situation is constantly disturbed by the EU, but Finnish players seem to be enjoying themselves at both state-backed casino sites and international gambling web-based venues.
Finland runs a structured 3+1 monopoly which means the main gambling market is divided among three largely state-owned and state-controlled entities. Legalised gambling in Finland comes down to Fintoto Oy, RAY and Oy Veikkaus AB and each of these bodies manage a separate aspect of gambling across the country. Finland’s Slot Machine Association (RAY) is in charge of all the table games and slot machines, as well as video poker machines and popular RAY jackpots since January 2017. Oy Veikkaus AB manages the national lottery, instant win games and sports betting, while Fintoto Oy is responsible for horse race betting activities.
The basic regulation law in Finland is the 1966 Lottery Act 491/65. This document classifies slot machines, bingo and casino games as lotteries and declares that different activities, including operating lotteries and managing slots, among others, require a government-issued license each. This secures a safe and protecting gambling environment for all the Finnish people. Although Finland insists on charitable, in-house gambling operations that fit into the 3+1 mechanism, the country can’t impede Finnish players to visit, join and bet on foreign websites at which they are well-accepted.
Suomi Casino Providers & Games
The software world of casino game providers is a densely populated territory, and Finnish players have access to areas which are inhabited by the highest of software forms. Some of the most common game suppliers known to Finnish players are simultaneously some of the best game developers in the world. At legal gaming sites, you’ll be able to take pleasure in slots, table games, video poker machines, jackpots and roulette provided by top companies like NetEnt, Play’N GO, Microgaming, NextGen, Playtech, Betsoft, IGT and Evolution Gaming, as well as up-and-coming studios like Yggdrasil and Quickspin. NetEnt-powered Finnish online casinos will have all the popular games from the renowned Swedish provider, namely Cosmic Fortune, Mega Fortune, Hall of Gods, Starburst, Gonzo’s Quest, Big Bang, Boom Brothers and Twin Spin. Microgaming supplies Finnish web-based casino sites with stellar slots such as Immortal Romance, Terminator 2, Hot as Hades, Jungle Jim El Dorado and Bridesmaids. Yggdrasil is a rising brand and games like Alchymedes, Empire Fortune, Jokerizer and Spiña Colada have already attracted lots of fun-loving spinners from Finland.
Making a Deposit
In order to finalise all funding operations and cash out earnings from Finnish-oriented internet casinos, players have a wide range of banking choices. Standard options such as Visa and MasterCard cards are almost always available, including traditional bank transfer. Skrill and Neteller are the most common e-wallet options, which are getting more popular by the day. Paysafecard vouchers are also used quite often, as well as Zimpler as one of the favourable mobile payment methods. All major Finnish banks do business with Euteller, a Swedish instant banking method. In terms of speed, e-wallet payments get processed within 24 hours from the time they a requested, while credit card transactions can take up to 3 days to complete. Obviously, bank transfers might take up to a week.