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More Finnish Ridiculousness

The European Union is a veritable battle zone these days over the ongoing issue of cross-borders online casino gambling. The EU operates on a platform and policy of free trade of goods and services between EU member-states – but there are several EU countries that still hold a monopoly over land and internet gambling companies…and that doesn’t sit well with the European Commission. The Commission has worked very hard over the past several years to bring as many as a dozen rogue countries into compliance with the EU’s position on online casino gambling monopolies. At this point though, the negotiations have gone on for several years and a handful of countries continue to refuse to come into compliance – Finland is one of those that not only continues to operate a monopoly, but has actually strengthened the regulations on its land and online gambling monopoly.

The Finnish company Veikkaus is the sole provider of land and internet gambling services – even the lottery is under its control. Veikkaus has been in operation in Finland since the 1940’s and generates enormous amounts of daily revenue because it is the sole vehicle for Finnish gamblers to gamble in the country. Foreign online casinos and even land betting companies have eagerly eyed the Finnish market and the potential revenue for years but very strict and harsh laws regarding illegal gambling companies have kept many from entering the market.

All of that could be soon to change (well, soon is relative, sooner rather than later is more appropriate). The Commission has announced that it is finally taking the steps necessary to bring Finland up on official charges for its land and online casino gambling laws that violate EU free-trade policies. This means that Finland could find itself scrambling for an adequate justification before the European Court of Justice.