The gambling land scape In Finland
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Finland has just 16 casinos, but the gambling industry is very popular. The gambling space in Finland started with just the Payazzo machine in the 20s. Since WWII, the government has enjoyed a huge monopoly in this space. In 2001, Raha-automaattiyhdisty came into play to regulate the industry. New laws were introduced to better manage how people access their favorite markets. The Lotteries Act, 2001 is the legislation in charge of gambling in Finnish. It was designed to help government stay on top of things and protect players. Europe is not happy about this.
Finland has 87 legal casinos. The government has all the control over the industry. Finns spend close to €2 billion each year at casinos, which is healthy for the economy. About 50 cities in Finland are within proximity to the casinos and the largest one is Helsinki. Bitcoin gambling is legal in online casinos but illegal in all brick-and-mortar casinos in the country. The future of Finnish online gambling remains uncertain. There is some chatter that the government is considering opening the landscape to external online firms. It is also possible that it will introduce new gambling regulations.
