Finland Receives 75 Gambling Licence Applications as Competitive Market Nears 2027 Launch

Gisela Lehmann · Sep 26, 2026

Finland Receives 75 Gambling Licence Applications as Competitive Market Nears 2027 Launch

Finnish police building exterior with gambling licence application documents on a desk

Finland’s National Police Board has recorded 75 applications for gambling licences in preparation for the country’s transition to a multi-operator market that begins on July 1 2027, and this figure already surpasses earlier projections of 40 to 60 while continuing to climb without any set deadline or numerical limit on participants.

Application Numbers Exceed Initial Forecasts

Data from the National Police Board shows the total rising steadily from 50 submissions recorded by June and observers note that interest remains high because operators face no cap and can file at any time before the new framework takes effect, which means additional filings could arrive well into the coming months including periods around September 2026 when processing schedules may intensify ahead of final approvals.

Those who track regulatory developments point out that the surge reflects broad international attention toward the Finnish market once Veikkaus loses its exclusive hold on online betting and casino services, while the state-owned company keeps its protected status over lotteries, scratch cards and all physical casino and slot operations.

Market Structure Under the New Gambling Act

The Gambling Act establishes a dual system in which Veikkaus maintains sole rights to traditional lottery products and land-based venues, yet private operators gain access to digital channels for sports betting, online casino games and related services starting July 2027; this split creates clear boundaries that applicants must navigate when completing their filings with the National Police Board.

Figures released by the Board indicate that the 75 applications cover a range of business models focused on the newly liberalised online segments, and experts have observed that the absence of an upper limit allows both large international groups and smaller specialist firms to participate without artificial restrictions.

Documents and application forms spread across a regulatory review table in Finland

Ongoing Submission Process and Regulatory Oversight

Submissions continue without interruption because the National Police Board has not imposed a closing date, which permits operators to refine their proposals and respond to feedback over an extended review window that stretches well beyond mid-2026; this open-ended approach stands in contrast to systems in other jurisdictions where fixed deadlines create intense competition at single points in time.

According to information on the licences under the Gambling Act page, the Board evaluates each application against criteria that include financial stability, responsible gambling measures and technical compliance, and the growing volume of 75 filings suggests that many companies have already aligned their operations with these standards.

Related updates available through the gambling licences interest gambling operators notice confirm that interest has remained consistent since the initial announcement, with no signs of slowing as the July 2027 market opening approaches and preparations accelerate.

Veikkaus Position Within the Revised Framework

Under the new rules Veikkaus retains exclusivity for lotteries, scratch cards and physical gambling venues, which means the company will continue operating its existing network of casinos and slot machines while facing competition only in the online domain; this division preserves a significant revenue stream for the state while opening digital betting and casino offerings to licensed private entities.

Those who have examined the legislation note that the retained monopolies on physical and lottery products reduce the scope of competition yet still represent a major shift from the previous full monopoly, and the 75 applications received so far demonstrate that operators view the online segment as sufficiently attractive to justify the licensing investment.

Conclusion

The receipt of 75 gambling licence applications by Finland’s National Police Board marks a clear step toward the competitive market scheduled for July 1 2027, with submissions remaining open and the total likely to increase further as operators prepare for the date when Veikkaus loses its online monopoly while keeping its other exclusive rights intact.