Finnish Committee Calls For End to Veikkaus Monopoly

This week Finland's Administration Committee called for an end to the country's Veikkaus gaming monopoly, stating that the system is "practically broken".

The Committee called for the government to launch an inquiry into the monopoly system as soon as possible, as part of its recommendations for changes to Finland's Lotteries Act.

Finland passed a bill in September that called for changes to the Lotteries Act in order to help push responsible gambling and change the laws for which the European country conducts the betting industry.

The country recently had a court ruling that saw the blocking of financial payments for unlicensed operators rejected, which will open Finland to outside influences.

The call for the overturning of Veikkaus will likely cause ripples throughout the country, and Casino Listings News will update readers as the issue advances.