Industry
September 5, 2023
Paf Confirms Plans to Continue grit:lab Tech Education Program
Two years ago, the Nordic gaming group, Paf, announced the launch of an innovative tech education program called grit:lab. After it was presented, the program started accepting admissions and a year later, it started educating students. By now, 60 students from 20 countries around the world are in their final year of the intensive tech […]
Business
August 30, 2023
Veikkaus Records €519.3M in Revenue for H1 2023, Embraces Licensing Model
Veikkaus, the state-owned gambling monopoly of Finland, has reported steady growth in its interim financial report for the first half of the year, while also reaffirming its support for transitioning to a licensing model for gambling. Eurojackpot’s Success Fuels 20.8% Rise in Revenue Veikkaus’s revenue for the period from January to June reached €519.3 million […]
Industry
August 4, 2023
Finland’s National Police Board to Monitor Gambling Marketing for WRC
The World Rally Championship (WRC), one of the most anticipated events within the racing vertical, kicked off in Finland on Thursday, August 3, 2023. Set to run through Sunday, August 6, 2023, the WRC and its side events are being closely monitored by the National Police Board in the country. The announcement about the scrutiny […]
Casino
June 14, 2023
Paf Shows Impressive Performance in 2022, Expects Trend to Continue
Nordic gaming group Paf released its 2022 annual report, posting a record-high turnover and an impressive increase in net profit. Turnover by Divisions For the twelve months ended December 31, 2022, Paf Group registered a turnover of €165.7 million ($179 million), posting an increase of 23% from €135 million ($145.8 million) the group accounted for […]
Legal
June 8, 2023
Finnish Streamer Receives Suspended Jail Sentence after Promoting Illegal Gambling
A Finnish influencer and content creator has been slapped with a suspended jail sentence for promoting illegal gambling in the country. The online celebrity will also be forced to forfeit tens of thousands of dollars in assets because of his violation. The influencer in question is none other than Lauri Kangas, better known by his […]
Legal
May 16, 2023
Finland Slapped BML Group with a $2.6M Conditional Fine over Advertising Breaches
Finland’s National Police Board has reported that on April 7, it prohibited BML Group from marketing its services in the country, after the operator was found guilty of breaching the Finnish Lotteries Act. As a result, the operator was slapped with a $2.6 million conditional fine to reinforce the prohibition. BML Group, which is owned […]
Casino
May 15, 2023
Lady Luck Games Grows Footprint in Finnish Market
Kasinopartio and the studio will work on helping local players improve their knowledge of the latter’s products and enjoy exceptional casino experiences across the board. Kasinopartio will now feature Lady Luck Games’ products on its website and provide readers with details about what they can expect to find in some of the studio’s best titles […]
Industry
May 10, 2023
Paf Extends Partnership with Eckerö Linjen
Casino operator Paf and the Finnish shipping company Eckerö Linjen have penned a new multi-year deal. Under the new agreement, Eckerö Linjen will be able to provide its passengers with renewed and enhanced onboard gaming experiences. The agreement comes just a few days after Paf deepened its ties with Kambi. The two parties are no […]
Casino
April 19, 2023
Finnish Government Study Recommends Reforming Monopoly Gaming System
A recent study into the gambling monopoly system conducted by the Finnish government has concluded that maintaining the status quo is not a recommended option. Unlicensed Gaming Amounts to $600m Loss for Finland’s Exclusive Rights System The report stated that around 50% of all gaming activity takes place on unlicensed sites, which amounts to a […]
Industry
April 17, 2023
SEGA to Acquire Angry Birds’ Developer Rovio, Tables a €706m Bid
Video games manufacturer SEGA Sammy Holdings Inc. submitted a €706 million ($776 million) bid to acquire mobile games developer operating out of Finland, Rovio Entertainment. Accelerate Mobile Gaming Footprint Japanese-based game company SEGA Sammy announced today that its UK subsidiary, SEGA Europe Limited, has entered into a definitive agreement and submitted a tender offer to […]
