Tag Archives: finland

Unified Veikkaus ready for €3.5 billion Finnish gambling market

The governance of Finnish state-owned operator Veikkaus OY has stated that it has completed its unification of gambling enterprises under the Veikkaus brand, which will seek to bring a greater market proposition to Finland’s betting/gaming consumers. Last June the Finnish Finance Ministry announced that the state-owned gambling enterprises of Ray (slots & games) Fintoto (racing) and Veikkaus (betting) would be …

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Paf to launch DFS product with Scout Gaming Group

Updating the market Finnish state-owned gambling operator Paf is set to launch a Daily Fantasy Sports (DFS) product powered by Malta-based Scout Gaming Group (Scout Gaming). The Åland Islands licensed operator will move to incorporate the Scout Gaming DFS platform within its online betting services, boosting its current product inventory which includes; online casino, poker and bingo. The Scout Gaming …

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Playtech launches cross-border network with RAY and win2day

RAY - Copyright: freestocker / 123RF Stock Photo

Finnish company RAY and Austria-based win2day have agreed an ‘industry-first’ deal to share cross-border poker liquidity on the Playtech network. The two companies will launch a joint network which pools their Finnish and Austrian player bases, with customers of each brand able to access Playtech’s omni-channel poker products. Playtech said the deal, which was made possible by the recent approval …

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Cherry eyes Nordic takeover with full buyout of ComeOn shares

The governance of Cherry Gaming AB has confirmed that it has executed its right to acquire the remaining 51% of shares in European igaming operator ComeOn Malta (ComeOn). Last July, Cherry had acquired 49% of equity in ComeOn for a shares + cash combination valued at €80 million. Moving to buy ComeOn outright, Cherry governance detailed this morning that it …

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Olli Sarekoski takes leadership of merged Veikkaus enterprise

Finland’s Economic Committee has announced the appointment of Olli Sarekoski as new Chief Executive of state-owned gambling enterprise Veikkaus. This month the committee had informed that state-owned gambling assets RAY, Fintoto and Veikkaus would operate under the principal brand of ‘Veikkaus’, following 2015s decision to merge all enterprises under a single entity. Promoted to CEO of Veikkaus, Sarekoski has held numerous executive positions …

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Finland unifies gambling assets under Veikkaus brand

Finland’s state-owned gambling operators; RAY, Fintoto and Veikkaus are set to operate under the unifying brand of ‘Veikkaus’ (English translation: betting). The decision taken by Finland’s Committee on Economic Policy follows 2015’s decision to merge the Country’s gambling assets forming a single entity. Seeking  to create a more effective national enterprise with better consumer services, which will help reduce social harms …

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Colossus Bets prepares for winner of £10,000,000 Euro 2016 Pool

Colossus Bets has announced that the predictable results of Euro 2016 have resulted in the winning of two ‘Millionaire’ correct score Pick 6 pools. The company has also confirmed that they could have a first ever winner of the ‘The Colossus’ by tonight, the headline pool worth £10,000,000. Poland’s 1-0 defeat of Northern Ireland on Sunday night was the final …

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VonBets seeks Scandinavian uplift with Jonatan “Tintti” Johansson & Janne Niinimaa as Brand Ambassadors.

Seeking to further its coverage within Scandinavian markets, European online betting operator VonBets (www.VonBets.com) has confirmed the appointment of former Finnish football international  Jonatan “Tintti” Johansson along with Finnish Ice Hockey Legend Janne Niinimaa as VonBets Brand Ambassadors. Popular former Finland striker (106 caps) Jonatan “Tintti” Johansson, brings a wealth of expert football knowledge having played in various European football …

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Christer Fahlstedt takes over as Paf CEO

Åland licensed gambling operator Paf has confirmed the appointment of former Betting Promotion and Tain Networks Chief Executive Christer Fahlstedt as its new CEO. A Scandinavian igaming veteran Fahstedt replaces Ander Ingves, who stepped down as CEO of Paf last February following a dispute with governance regarding the operator’s corporate strategy.   Announcing Fahlstedt as its new CEO, Paf governance …

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Finnplay signs agreement with Trustly Group AB

Finland-based gaming platform provider, Finnplay, has signed an agreement with Trustly Group AB to integrate its online payment solutions. Trustly Group AB is a European FinTech company, named by Deloitte as one of Sweden’s fastest growing technology companies in 2004. Martin Prantner, CEO of Finnplay, commented: “We are delighted to partner with one of Europe’s fastest growing FinTech companies and …

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