The new reform of the Lottery Act in Finland aims towards safety
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The new Lottery Act in Finland aims towards safety. The only operator accepted is the Veikkaus state-owned monopoly. Finns can gamble on international websites, but the marketing of casino games is forbidden.
The new Lottery Act in Finland aims towards safety. All gambling will require a compulsory identification in 2023. For scratch card games, identification will start no later than 2024. Right now Veikkaus has a mandatory identification for their decentralized slot machines in January 2021 and its game rooms in July the same year.
The Lottery Act blocks payment transactions outside the monopoly system. This is targeted towards gambling companies that direct the marketing to mainland Finland. The National Police Board will have a list of all blocked gambling company whose transactions must be blocked by payment service providers.
The new reform of the Lottery Act in Finland aims towards safety. People in the gaming industry are wondering how it will play out.
The new reform of the Lottery Act in Finland aims towards safety.
Pay n Play casinos are popular in Finland. They rely on bank ID identification and the only payment method is direct bank transfer. Bigger and more diversified casinos can easily add other payment options to their repertoire.
The new reform of the Lottery Act in Finland aims towards safety. In Norway payment blocking has been in place for years. Ecopayz, Muchbetter, Revolut and Cryptocurrencies are the most used payment solutions to get around blocking.
The new law in Finland aims towards safety. Veikkaus must place its slot machines in places where they can be monitored. Many anti-gaming activists are still unhappy with this.
The reform will allow Veikkaus to create a subsidiary for other activities than gambling. This subsidiary will focus on providing gambling services and products to other companies but not to the consumer.
The new Lottery Act in Finland aims towards safety. Online and offline casinos are a safe space for Finnish players. Potential winnings, good games and responsible operators are what can keep the Finnish gambling reputation spotless.
