Finland sends demonopolized gambling regulation to European Commission, ushering in commercial sector
Horseracing betting will fall under the commercial gambling sector’s jurisdiction, instead of the monopoly. This was the final addition a cross-party political committee made to the new gambling legislation. The final version was then submitted to the European Commission (EC) for review on 1 November.
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Finland is preparing to usher in competitive online gambling in January 2026 as it moves away from its legacy monopoly model and the monopoly operator Veikkaus competes against licensed operators for market share across both online sports betting and gaming.
The sector had been unsure where horseracing betting would lie in the regulation, as prior to reregulation it was offered exclusively by the monopoly.
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