According to Finland’s Government, they might do a publicly traded stock offering for the state-owned gambling monopoly, Veikkaus.
However, before it happens, there are conditions that need to be satisfied before a public offering can happen. Reports state that Finland will be the first Nordic monopoly to have competitive online gambling licenses from 2027.
For Veikkaus, this will be a huge change because, for the first time, they will lose their monopoly to operate online sports betting and digital slot machines. However, Veikkaus will still have a monopoly on operating lottery games, scratch cards, physical slot machines and casinos.
The publishing of the gambling industry as a possible government stock listing in November was on the heels of an interview conducted by Strandberg with their local media.
This will allow the gambling monopoly to become a publicly traded company on the Helsinki Exchange and also open up the possibility for private investors to become owners.
Since other countries are now selling their public gambling monopolies as they become deregulated, Finland could follow suit.
