Tag Archives: RAY

Veikkaus Finland appoints SBTech to lead end-to-end sportsbook overhaul

Multi-channel sportsbook and systems provider SBTech has won the competitive tender to act as the lead online and retail sports betting systems provider for Veikkaus Finland. This morning, SBTech confirmed that it has won the hotly contested ‘public procurement process’ to service Finnish gambling monopoly Veikkaus, who in 2018 called for a wholesale systems upgrades improving the firm’s digital capacities …

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Digital challenge sees Veikkaus complete stage-1 of corporate transformation

Veikkaus, Finland’s state-owned gambling operator has detailed the successful completion of the initial phase of its ongoing ‘transformation programme’. At the start of 2019, Veikkaus governance announced that it would undertake ‘significant operational restructure’ of its ‘restaurant gambling division’, having identified a number of ‘cost reduction areas’. Competing against a ‘trend of fierce online gambling competition’, Olli Saarikoski, President and …

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Police contact ensures Kasino Curt goes up in smoke

Sami Helenius, a former National Hockey League (NHL) player, has walked away from Kasino Curt, his casino affiliate business, just weeks after announcing its launch. Targeting Swedish casino enthusiasts, Helenius was to run the site from his native Finland, however he has decided to quit after receiving police contact. In the Scandinavian nation gambling operations are run by Fintoto, Veikkaus …

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‘Fighting Finn’ launches casino affiliate website

poker - Copyright: studio3321 / 123RF Stock Photo

A former National Hockey League (NHL) enforcer has announced plans to launch a new casino affiliate website. Sami Helenius, formerly of Calgary Flames, Tampa Bay Lightning, Colorado Avalanche, Dallas Stars and Chicago Blackhawks, is to target Swedish casino enthusiasts with ‘Kasino Curt.’ Speaking about the aims of his new project, Helenius said:  “When it comes to online gambling, Sweden is a …

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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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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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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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Playtech posts Q1 2015 revenue uplift with new clients & services

FTSE 250 listed igaming technology supplier Playtech posted its 2015 opening quarter performance, reporting top line metric growth on all key verticals as the operator extended its technology provisions and signed new customers in the period. In what has so far been a tough first quarter for online gambling operators who have faced increasing tax costs and unfavourable sports result …

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Finland’s RAY cites tough market conditions for no growth in 2014

Finnish state owned gambling operator RAY reported no growth in its operations for 2014, as the national operator reported a 1.9% decline in its full year 2014 revenues. 2014 revenues had recorded a revenue decrease of €15 million to €776 million (-1.9%) on its 2013 performance figures, as RAY senior management cited that it had been effected by challenging market …

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RAY launches Playtech live casino

Finland’s national gaming operator has launched today with Playtech’s cutting-edge live casino solution located in its own purpose-built studio within its Espoo headquarters and featuring a new presenter concept. RAY (Raha-Automaattiyhdistys – Slot Machine Association Finland) has further extended its existing long-term relationship with Playtech and launched unlimited Blackjack, Blackjack and Roulette tables. The initial launch includes Playtech web version …

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