Online gambling in Finland historically has been controlled by one government monopoly, Penningautomatförening (PAF), the only gambling company of Finland’s autonomous Åland Islands. PAF runs a website out of the Åland Islands that offers casino games, a poker room, bingo, and an online sportsbook. The site is available to all Finns, which caused issues a few years ago with Raha-automaattiyhdistys, the Finnish Slot Machine Association (RAY), and Finland’s land-based gaming monopoly. RAY believed PAF's Internet casino was infringing on their monopoly. The Finnish government overruled RAY at the time, thus continuing PAF’s stronghold as the only legal provider of online gambling in Finland.
Even with considerable pressure from the European Commission, Finland continues to prohibit other companies from offering online gambling in Finland. However, in early 2010, after some consideration, the Finnish parliament gave RAY permission to expand into online casino and poker gambling, and the Finnish state lottery, Veikkaus Oy, was approved to offer online bingo and numbers games. RAY opened its new online gaming service for Finnish consumers on November 29, 2010. RAY predicts revenues of €25 million for their online business in 2012 alone.
Veikkaus Oy, owned by the Finnish government, offers sports betting and online lottery and is the second of the three state monopolies allowed to operate online gambling in mainland Finland. Fintoto, which offers race betting, is the third.
The new Finnish Gaming Law approved in June 2010 forbids foreign-owned gaming providers to advertise their products through Finnish publication and air-media outlets as well as from .fi domains, making it a criminal offense with fines and possible prison sentences up to two years for both media and gaming companies operating or marketing such activities. However, the law has a loophole which cannot prohibit publications being imported to Finland from containing such gambling advertisements. Approximately 350 foreign publications are available at Finnish newsstands which contain gaming advertisements and are not affected by the new law.
In 2010, Playtech was awarded the four-year public tender to supply its online and mobile poker software technology to Raha-Automaattiyhdistys (RAY), Finland’s online casino/poker monopoly firm.
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Currently, the Finland Jurisdiction has no English Language sites that accept play from any location.