{"id":19637,"date":"2026-10-29T08:30:00","date_gmt":"2026-10-29T13:30:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=europe&#038;p=19637"},"modified":"2026-10-29T05:57:25","modified_gmt":"2026-10-29T10:57:25","slug":"finland-grants-12-licenses-ahead-of-igaming-market-opening","status":"publish","type":"europe","link":"https:\/\/www.mundovideo.com.co\/en\/europe\/finland-grants-12-licenses-ahead-of-igaming-market-opening\/","title":{"rendered":"Finland grants 12 licenses ahead of iGaming market opening"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Helsinki, October 28, 2026.<\/strong> Finland has granted its <strong>first 12 online gambling licenses<\/strong> ahead of the competitive market opening on <strong>July 1, 2027<\/strong>, ending <strong>Veikkaus&#8217; digital monopoly<\/strong>. The <strong>National Police Board (Poliisihallitus)<\/strong> confirmed <strong>79 applications, 12 approvals, 67 pending applications, and no rejections<\/strong> as of October 26.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/mve-ads\/?lang=en\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"500\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg\" alt=\"\" class=\"wp-image-16352\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE.jpg 600w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/ADS-MVE-300x250.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The first license holders are <strong>Hippos ATG Oy, Sunflower Gaming Limited, Granturo Finland Ltd, 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<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"459\" height=\"281\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/10\/image-274.png\" alt=\"\" class=\"wp-image-19641\" style=\"aspect-ratio:1.632596685082873;width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/10\/image-274.png 459w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/10\/image-274-300x184.png 300w\" sizes=\"auto, (max-width: 459px) 100vw, 459px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Mari Rantanen<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The licensed groups include <strong>Wildz Group<\/strong>, led by <strong>Sam Brown<\/strong>; <strong>Hippos ATG<\/strong>, headed by <strong>Mikael B\u00e4cke<\/strong>, a partnership between Sweden&#8217;s ATG and Suomen Hippos; and <strong>SkillOnNet<\/strong>, operator of brands including PlayOJO. <strong>Wildz announced its authorization on October 15<\/strong>, Hippos ATG on <strong>October 19<\/strong>, and <strong>ComeOn Group<\/strong>, affiliated with <strong>European Entertainment Group<\/strong>, on <strong>October 22<\/strong>, under the executive leadership of <strong>Itai Frieberger<\/strong> and financial leadership of <strong>Raffaele Amodio<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"479\" height=\"309\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/10\/image-275.png\" alt=\"\" class=\"wp-image-19642\" style=\"aspect-ratio:1.5511811023622046;width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/10\/image-275.png 479w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/10\/image-275-300x194.png 300w\" sizes=\"auto, (max-width: 479px) 100vw, 479px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Petteri Orpo<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The reform, approved by Parliament on <strong>December 16, 2025<\/strong>, and enacted through <strong>Gambling Act 10\/2026<\/strong>, will introduce competition in sports betting, online casinos, online slots, and online bingo. Veikkaus will retain traditional lotteries and certain land-based gambling operations. Applications opened on <strong>March 1, 2026<\/strong>. Each application carries a <strong>\u20ac29,000 processing fee<\/strong>, with licenses valid for up to <strong>five years<\/strong>. Technology providers will require specific licenses beginning in <strong>July 2028<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"488\" height=\"310\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/10\/image-276.png\" alt=\"\" class=\"wp-image-19643\" style=\"aspect-ratio:1.5733333333333333;width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/10\/image-276.png 488w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/10\/image-276-300x191.png 300w\" sizes=\"auto, (max-width: 488px) 100vw, 488px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Ilkka Koskim\u00e4ki<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Prime Minister <strong>Petteri Orpo&#8217;s<\/strong> government, through the <strong>Ministry of the Interior<\/strong>, headed by <strong>Mari Rantanen<\/strong>, is introducing identity verification, self-exclusion, advertising restrictions, and protections for individuals under <strong>18 years of age<\/strong>. Regulatory oversight will transfer from Poliisihallitus, led by <strong>Ilkka Koskim\u00e4ki<\/strong>, to the <strong>Finnish Supervisory Agency<\/strong> in July 2027.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The market could reach <strong>\u20ac1.9 billion in gross gaming revenue (GGR) in 2026<\/strong>, with <strong>81% generated digitally<\/strong>, according to industry estimates. The specific gambling tax would increase from <strong>12% to 22%<\/strong>. Veikkaus, led by President and CEO <strong>Olli Sarekoski<\/strong>, reported <strong>\u20ac936.3 million in revenue in 2025<\/strong> and is still awaiting its competitive market authorization.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Helsinki, October 28, 2026. Finland has granted its first 12 online gambling licenses ahead of the competitive market opening on July 1, 2027, ending Veikkaus&#8217; digital monopoly.<\/p>\n","protected":false},"author":1,"featured_media":19638,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[3184,4882,15,624,102,198,585,105],"class_list":["post-19637","europe","type-europe","status-publish","format-standard","has-post-thumbnail","category-sin-categoria","tag-europe","tag-finland","tag-gambling","tag-igaming","tag-online-betting","tag-online-casinos","tag-online-gambling","tag-sports-betting","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Finland grants 12 licenses ahead of iGaming market opening - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"description\" content=\"Helsinki, October 28, 2026. 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