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Veikkaus’ digital gaming market share increased by 3 percentage points

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2023 was a successful year for Veikkaus’ digital channel initiatives, and the company’s overall result was in line with its target. 180,000 new people registered as Veikkaus customers, and Veikkaus’ customer base now totals over 2.5 million registered customers.

Digital gaming grew by 4.5 percentage points and totalled nearly 55% of Veikkaus’ gross gaming revenue. Veikkaus channelled its development investments particularly into its digital channel, where the games created by Veikkaus’ own gaming studio also accounted for a large share of the gross gaming revenue generated by the company’s online casino, eArpa service, and other offerings. In addition, preparations were made during the year to ensure that Veikkaus would be ready for the customer registration requirement that will apply to all of its games from the beginning of 2024. Veikkaus is also the first gaming company in the world to require its customers to register when purchasing or redeeming physical scratch cards and lottery tickets, to ensure a safer gambling environment for all.

Veikkaus in 2023:

  • The Veikkaus Group’s actual sales revenue in 2023 totalled EUR 1,033.1 million (-3.5% compared to 2022). The actual sales revenue includes the gross gaming revenue from gambling activities and turnover from other business activities.
  • Veikkaus Group’s profit for the fiscal year was EUR 578.5 million (-13.7 %) while operating profit was EUR 573.6 million (-14.5 %). The decline in the result was due to an increase in the lottery tax, one time cost entries made as a result of the cooperation negotiations in the autumn, and significant investments in the Group’s future.
  • The financial profit of parent company Veikkaus Oy for 2023 was EUR 585.0 million (-14.0%), and the operating profit was EUR 580.2 million (-14.7%). Veikkaus’ gross gaming revenue totalled EUR 1,032.0 million (-3.6 %). The decline was partly the result of Veikkaus’ responsibility measure, i.e. the identification requirement for physical ticket-based game players that came into force in May 2023.
  • The lottery tax paid to the central government on gross gaming revenue increased by 1.6 percentage points from the previous year’s figure of 3.4%, amounting to 5% for the fiscal year. In 2023, Veikkaus Oy paid EUR 51.7 million in lottery tax, which is EUR 15.4 million more than the previous year.
  • In 2023, authenticated gambling accounted for 90.6% (+11.1 percentage points) of Veikkaus’ domestic gambling activities. From 1 January 2024, all Veikkaus games can only be played by registered customers, who must identify themselves every time they play.
  • At the end of 2023, Veikkaus had approximately 2,520,000 registered customers. The number of registered customers increased by approximately 180,000 (+8.0 %) during the year.

The long-running trend of gambling shifting to the digital channel continued in 2023, and 54.8% of gross gaming revenue from Veikkaus’ consumer-oriented gambling activities was derived from the digital channel (+4.5 percentage points). According to the estimate of H2 Gambling Capital, Veikkaus accounted for around 54% (+3 percentage points) of the Finnish digital gambling market for the year.

– Veikkaus’ profits and performance in 2023 were as expected, and we can be satisfied with these as a whole. The year was particularly successful for our online games, and Veikkaus will continue to deepen its development investments in its digital channel, says Veikkaus CFO Regina Sippel.

In terms of gross gaming revenue, the most successful of Veikkaus’ game groups was its online casino (digital automated games and digital table games), whose gross gaming revenue totalled EUR 184.0 million (+6.1%). This growth was particularly boosted by the company’s successful game releases.

Veikkaus’ most-played games were Eurojackpot and Lotto. The gross gaming revenue for Eurojackpot, which is drawn twice a week, was EUR 151.1 million (+0.0%). During the year under review, Lotto’s gross gaming revenue amounted to EUR 136.5 million (-8.9%).

2023 was the last year when Veikkaus Oy’s profit was settled to any beneficiary ministries. Beginning from 2024, Veikkaus Oy’s revenues will be directed to the state budget without any pre-defined beneficiaries.

All games to be covered by the identification requirement

Veikkaus began mandating the registration of players as Veikkaus customers for ticket-based games in mid-May. The impacts of the identification requirement on gaming have been as expected. Veikkaus also made preparations for the identification requirement for scratch card games, which entered into force on 1 January 2024 and meant that all Veikkaus games now require identification.

– Today, all of our games, including all physical scratch cards, are subject to the identification requirement. This means that we have become a worldwide pioneer in ensuring the responsibility of our gambling operations, says Susanna Saikkonen, Vice President for Sustainability at Veikkaus.

The identification of players enables a safer gambling environment where customers can be offered various services, such as loss and money transfer limits, and the possibility of self-exclusion of all games. The data obtained through identified gaming activities can also be used to prevent and reduce the harms of gambling.

– Using the data, we can analyse our players’ gambling habits and identify the signs of high-risk gambling. In 2023, our gambling harm prediction system helped us make over 3,700 calls to at-risk players, and we also introduced an automation-based care and communication model for high-risk level customers. In particular, we found that advance messages about calls, attempted calls, and the discussions that took place had a clear impact on the number of customers who decided to set a self-exclusion for themselves, Saikkonen explains.

From the perspective of preventing gambling problems, it will be vital to have other gambling companies operating in Finland follow Veikkaus’ example in complying with the same responsibility rules. The Government Programme states that Finland intends to introduce a partial multi-licence system at the beginning of 2026. It will be important to keep to the schedule that has been set. The new system will allow for the necessary tools and measures for preventing gambling problems. Every extra day in an environment without common rules is a day too late.

Veikkaus subsidiary Fennica Gaming expanded rapidly

During the year, the objective of Veikkaus subsidiary Fennica Gaming, which focuses on Veikkaus’ international business-to-business operations, was to expand the eArpa service to new markets, which it performed successfully. In 2023, the company delivered games to three continents and eight state-owned gaming companies. By the end of the year, Finnish online lotteries were available in the Nordic countries, the Baltic States, Central Europe, and America.

– Fennica Gaming’s corporate customers have been very satisfied with the quality of our games as well as Fennica Gaming’s service level, expertise, and the reliability of our deliveries. With these new markets, we have learned a lot about how we can best add value to our corporate customers’ business activities. We believe that our rapid expansion will also continue in 2024, says Timo Kiiskinen, CEO of Fennica Gaming.

 

Atlaslive

Convergence in iGaming: The Structural Shift of 2026

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Modern iGaming platforms no longer operate in isolation. Payments influence trust and onboarding. Social mechanics shape engagement and retention. Media platforms determine visibility and acquisition. What were once separate systems now function as a single, continuous flow.

In this article, Atlaslive explores how fintech infrastructure, social gaming mechanics, and media ecosystems are converging into a unified operational model for iGaming platforms—fundamentally changing how products are built, scaled, and regulated.

Beyond Integrations: A Connected Product Flow

Convergence represents a structural shift, not a layer of additional integrations.

Payments, identity verification, engagement tools, and acquisition channels now operate simultaneously rather than sequentially. A deposit may influence verification timing. Social features introduce real-time moderation and monitoring requirements. Media platform policies directly affect product messaging and promotional mechanics.

Competitive iGaming platforms are increasingly designed around real-time system awareness, where each component responds dynamically to player behavior and regulatory constraints.

Payments at the Center of the Player Journey

Fintech infrastructure has become the backbone of the modern iGaming experience.

Payment speed shapes player trust. Embedded payment flows reduce friction caused by redirects. Verification processes operate contextually rather than as standalone checkpoints. Financial controls directly affect session continuity and engagement.

As a result, payments and compliance functions are no longer peripheral tools—they are embedded directly into core product architecture.

Borrowing from Social Gaming Mechanics

As onboarding becomes smoother, engagement opportunities expand.

Live formats, community-driven mechanics, and interactive environments increase session depth and emotional participation alongside transactional activity. Social features help extend player lifetime value—but they also introduce new responsibilities.

Higher interaction levels require structured moderation, real-time monitoring, and enhanced responsible gaming oversight to maintain regulatory and ethical standards.

Media-Led Discovery and Distribution

Creator-driven platforms now play a central role in how iGaming brands are discovered.

Media platform content policies often exceed local regulatory requirements. Attribution becomes fragmented across multiple channels. Visibility increasingly depends on alignment with platform-specific expectations rather than traditional advertising rules.

As a result, marketing strategy and compliance management are becoming deeply intertwined.

Compliance as a Core Design Constraint

In regulated markets, payments, engagement, and distribution can no longer be managed independently.

“This is why convergence has become structural. Platforms have moved toward unified systems that can monitor, react, and report across the entire player journey in real time—not to add complexity, but to reduce risk while scaling.”
Dmytro Matiiuk, Head of Delivery

Unified system architecture enables operators to manage regulatory risk while supporting sustainable growth.

Conclusion: Operating in a Connected iGaming Ecosystem

Operating successfully in 2026 means managing a fully connected ecosystem. Payment flows, social engagement mechanics, and media-driven acquisition strategies must align within a single architectural framework.

Platforms designed for coherence—such as Atlaslive—enable operators to support this integrated approach, balancing performance, compliance, and scalability in an increasingly complex iGaming environment.

Disclaimer

This document is provided for informational and discussion purposes only. It is based on publicly available sources and was created by the Atlaslive team for marketing use. It does not constitute a solicitation or offer to buy or sell any gambling-related product, nor does it represent legal or business development advice. While Atlaslive believes the information contained herein to be reliable, no guarantee is made as to its accuracy or completeness, and no liability is accepted for any loss arising from its use. Atlaslive reserves the right to correct any errors contained in this document.

About Atlaslive

Atlaslive is a B2B software development company specializing in multifunctional, automated platforms for sports betting and casino operators. The Atlaslive Platform includes Sportsbook, Casino, Risk Management and Anti-Fraud Tools, CRM, Bonus Engine, Business Analytics, Payment Systems, and a Retail Module.

Follow Atlaslive on LinkedIn for the latest insights and updates in iGaming technology.

The post Convergence in iGaming: The Structural Shift of 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Atlaslive

Convergence in iGaming: The Structural Shift of 2026

Published

on

convergence-in-igaming:-the-structural-shift-of-2026

Modern iGaming platforms no longer operate in silos. Payments influence trust and onboarding. Social mechanics influence engagement and retention. Media platforms influence visibility and acquisition. These systems now function as a unified flow.

In this article, Atlaslive explores how fintech, social gaming mechanics, and media ecosystems are merging into a single operational model for iGaming platforms.

Beyond Integrations: A Connected Product Flow

Convergence describes a structural change. Payments, identity checks, engagement tools, and acquisition channels operate continuously rather than sequentially.

A deposit impacts verification timing. Social features introduce moderation and monitoring. Media platform policies affect product messaging and promotional mechanics.

Competitive platforms are built around real-time system awareness.

Payments at the Center

Fintech now shapes the full player journey.

Payment speed defines trust. Embedded flows reduce redirect friction. Verification processes operate contextually. Financial controls affect session continuity.

Payments and compliance functions are integrated directly into product architecture.

Borrowing from Social Gaming

With smoother onboarding, engagement expands.

Live formats, community mechanics, and interactive environments extend session depth. Emotional participation increases alongside transactional activity.

However, higher interaction also requires structured moderation and responsible gaming oversight.

Media-Led Discovery

Creator-driven platforms now influence distribution and brand exposure.

Content policies often exceed local regulation. Attribution becomes fragmented across channels. Visibility depends on alignment with platform expectations.

Marketing and compliance increasingly overlap.

Compliance as Design Constraint

Payments, engagement, and distribution cannot be managed independently in regulated markets.

“This is why convergence has become structural. Platforms have moved toward unified systems that can monitor, react, and report across the entire player journey in real time. Not to add complexity, but to reduce risk while scaling.”
—Dmytro Matiiuk, Head of Delivery

Unified systems reduce risk while supporting growth.

Conclusion

Operating in 2026 means managing a connected ecosystem. Payment flows, social mechanics, and media strategies must align within a single architecture. Platforms designed for coherence, like Atlaslive, support this integrated approach.

This document is provided to you for your information and discussion only. This document was based on public sources of information and was created by the Atlaslive team for marketing usage. It is not a solicitation or an offer to buy or sell any gambling-related product. Nothing in this document constitutes legal or business development advice. This document has been prepared from sources Atlaslive believes to be reliable, but we do not guarantee its accuracy or completeness and do not accept liability for any loss arising from its use. Atlaslive reserves the right to remedy any errors that may be present in this document.

About Atlaslive

Atlaslive is a B2B software development company that specializes in creating a multifunctional and automated platform to optimize the workflow of sports betting and casino operators. Key components of the Atlaslive Platform include Sportsbook, Casino, Risk Management and Anti-Fraud Tools, CRM, Bonus Engine, Business Analytics, Payment Systems, and Retail Module. Follow the company on LinkedIn to stay updated with the latest news in iGaming technology.

The post Convergence in iGaming: The Structural Shift of 2026 appeared first on Americas iGaming & Sports Betting News.

Continue Reading

Latest News

Convergence in iGaming: The Structural Shift of 2026

Published

on

Modern iGaming platforms no longer operate in silos. Payments influence trust and onboarding. Social mechanics influence engagement and retention. Media platforms influence visibility and acquisition. These systems now function as a unified flow.

In this article, Atlaslive explores how fintech, social gaming mechanics, and media ecosystems are merging into a single operational model for iGaming platforms.

Beyond Integrations: A Connected Product Flow

Convergence describes a structural change. Payments, identity checks, engagement tools, and acquisition channels operate continuously rather than sequentially.

A deposit impacts verification timing. Social features introduce moderation and monitoring. Media platform policies affect product messaging and promotional mechanics.

Competitive platforms are built around real-time system awareness.

Payments at the Center

Fintech now shapes the full player journey.

Payment speed defines trust. Embedded flows reduce redirect friction. Verification processes operate contextually. Financial controls affect session continuity.

Payments and compliance functions are integrated directly into product architecture.

Borrowing from Social Gaming

With smoother onboarding, engagement expands.

Live formats, community mechanics, and interactive environments extend session depth. Emotional participation increases alongside transactional activity.

However, higher interaction also requires structured moderation and responsible gaming oversight.

Media-Led Discovery

Creator-driven platforms now influence distribution and brand exposure.

Content policies often exceed local regulation. Attribution becomes fragmented across channels. Visibility depends on alignment with platform expectations.

Marketing and compliance increasingly overlap.

Compliance as Design Constraint

Payments, engagement, and distribution cannot be managed independently in regulated markets.

“This is why convergence has become structural. Platforms have moved toward unified systems that can monitor, react, and report across the entire player journey in real time. Not to add complexity, but to reduce risk while scaling.”
—Dmytro Matiiuk, Head of Delivery

Unified systems reduce risk while supporting growth.

Conclusion

Operating in 2026 means managing a connected ecosystem. Payment flows, social mechanics, and media strategies must align within a single architecture. Platforms designed for coherence, like Atlaslive, support this integrated approach.

This document is provided to you for your information and discussion only. This document was based on public sources of information and was created by the Atlaslive team for marketing usage. It is not a solicitation or an offer to buy or sell any gambling-related product. Nothing in this document constitutes legal or business development advice. This document has been prepared from sources Atlaslive believes to be reliable, but we do not guarantee its accuracy or completeness and do not accept liability for any loss arising from its use. Atlaslive reserves the right to remedy any errors that may be present in this document.

About Atlaslive

Atlaslive is a B2B software development company that specializes in creating a multifunctional and automated platform to optimize the workflow of sports betting and casino operators. Key components of the Atlaslive Platform include Sportsbook, Casino, Risk Management and Anti-Fraud Tools, CRM, Bonus Engine, Business Analytics, Payment Systems, and Retail Module. Follow the company on LinkedIn to stay updated with the latest news in iGaming technology.

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