Finland is one of the Nordic countries with a long history of gambling. Today, this country offers plenty of possibilities for passionate bettors, as the Finns are the most betting nation in Europe. The gambling industry in Finland is well-developed, and the Finn people find gambling one of their preferred pastimes.
The country’s strict rules on gambling have made things difficult for the local brick-and-mortar casinos but paved the way for online gambling. So it should come as no surprise that there are several suitable options for online gambling. Provided not every online gambling site is available for Finnish players, there are good online gambling options that keep Finns covered.
Here we’ll talk more about Finnish players’ online gambling options and the vital aspects Finns need to know when taking up online gambling.
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Quick Jump
Is Online Casino Legal in Finland?
So, online gambling is legal in Finland as long as the online gambling platform does not have any land-based operations in Finland. Also, Finland does not charge any taxes on wins from gambling or games of chance.
Finland has first brought gambling under a legal regulative in the 1920s. Since then, the country has worked on keeping the legality of the gambling industry, as gambling is something Finns genuinely enjoy. The country brought a massive legislative act in 1965, legalizing and regulating slot machines, casinos, lottery, and bingo, classifying them all as a form of lottery.
A major reconstruction of the Gambling Act came in 2002 when the country assumed a monopoly on the gambling industry and prevented international gambling establishments from opening land-based casinos in Finland.
The state also established governing bodies to regulate and sanction the gambling industry in Finland. These were the RAY (Finland’s Slot Machine Association), Veikkaus Oy (Finland’s National Betting Agency), and PAF (Aland Province Control).
However, this law underwent another change in 2019 and 2020, separating the online and land-based gambling establishments. With the amendments of the Lotteries Act 1047/2001, the governing bodies merged into a single agency named Veikkaus. Per the new law, Finnish players can use any online casino if the casino is not related or advertises in Finland.
The good news is that as long as the online casino does not try to open a land-based operation in Finland, it will be available for Finnish players. That means Finnish players can play at any online gambling platform that accepts players from Finland.
Finnish players are not required to pay any taxes on their winnings, but all licensed Finnish gambling operators must pay an 8.5% profit tax.
Begin by carefully selecting an online gambling platform that specifically caters to the needs and preferences of Finnish players. Ensure that the chosen platform is reputable, licensed, and offers a variety of games that align with your interests.
Once you’ve chosen the platform, proceed to create a personal profile. Provide accurate information during the registration process. After successfully creating your account, log in using the credentials you’ve just established.
With funds in your account, navigate to the game selection and choose your favorite game. Whether it’s slots, poker, blackjack, or other options, start playing and enjoy the immersive online gambling experience. Familiarize yourself with the game rules and features for an optimal gaming experience.
Finnish people love to gamble, proven by the fact that, on average, Finns spend about $15 per week on gambling. However, not all games are equally favored by Finnish bettors. Here are the most popular games among people from Finland.
Online gambling platforms have some sort of welcome bonus for new players, and the online gambling websites available in Finland are no exception. Here are the most common bonus offers for Finnish players:
A bonus offered to new players when they first sign up for an account with a casino. It can come in the form of a deposit match or free spins.
A bonus offered to new players without the need to make a deposit. It can come in the form of free spins or bonus money.
A bonus that awards a certain number of free spins on a specific slot game or a selection of games.
A bonus that refunds a percentage of a player's losses over a certain period of time.
What Is the Best Payment Option for Finnish Players?
Finnish casino players have many convenient deposit and withdrawal methods like credit and debit cards, bank transfers, cryptocurrencies, etc. However, players from Finland prefer to use Euteller, Zimpler, and Trustly, as these are the most widespread e-wallet payments accepted by most retailers and online services in Finland.
When selecting an online gambling provider in Finland, checking its payment options is crucial, as it is not always about the games, but depositing and withdrawing funds is equally important. All the online casinos available in Finland have payment methods like credit and debit cards, PayPal, bank transfers, e-wallets, cryptocurrencies, etc.
All the wagers for Finnish players are done in euros, so Finns should look for payment methods in this currency to avoid paying a conversion fee. However, the best ones are the online gambling platforms that cater to the needs and paying habits of Finnish players, as these vary from the paying habits of players from other countries.
For example, Finns prefer to use e-wallets over other payment methods. Still, we need to note that not all bonus offers are eligible with every payment method. Here is a rundown of the most popular payment methods preferred by Finnish players:
Yes, it is safe to gamble online in Finland, as long as the online casino is not related to any Finnish land-based operation. The Lotteries Act that governs gambling in Finland does not have any stipulations on people from Finland joining international online gambling platforms.
Finland casinos accept players older than 18 years. All online casinos have the same stipulation of accepting players older than 18, some even accepting players older than 21.
Yes, you need to sign up on Finnish casino sites, and the sign-up process is the same as with any online gambling platform.
Finnish people prefer to use Euteller, Zimpler, Trustly, and Siru Mobile payments. However, all online gambling platforms have more accepted deposit methods like credit cards, bank transfers, and even cryptocurrencies.
The withdrawal method should be the same as the deposit method, and Finnish players prefer e-wallet transactions via Euteller, Zimpler, Trustly, and PayPal.
Finnish online casino sites accept payments only in euros. You should use deposit and withdrawal methods that support this currency to avoid paying additional conversion fees.
Playing for free depends on the casino in question, as some casinos have a no-deposit offer that allows new players to get a small amount of free money or free spins to play a game or two.
No, Finland does not charge any taxes on gambling winnings, which explains why many Finns prefer to gamble online. As for reporting your winnings, it is completely up to you, as the country does not have such a legal stipulation yet.
The withdrawal of your winnings depends on the selected gambling platform and the used withdrawal method. Online casinos usually process withdrawal requests within 24 hours, and most e-wallets support quick money transfers.
🔎 Looking for betting sites? Here are the best betting sites in Finland.
