Latest News
Veikkaus’ digital gaming market share increased by 3 percentage points
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.
Evoplay
Evoplay Embarks on a Heart of Africa: Lion Way
Evoplay has released Heart of Africa: Lion Way, its newest feature-packed slot game that embodies the essence and enchantment of the wilderness, located in the sun-drenched savannah.
Enveloped by vast desert vistas, Heart of Africa: Lion Way traces the route of the jungle’s monarch, merging strong attributes and set jackpots.
Majestic creatures traverse the reels, featuring zebras, giraffes, and elephants, but the Lion commands attention as the focal point of the game’s primary mechanic, the Lion Way feature. Activated when Lion symbols appear in a row from left to right, each Lion provides the shown value, allowing players to win cash rewards or set jackpots, which include Mini, Mega, Super, and Grand.
Three unique symbols influence play, with the First Lion starting winning combinations, Money Lions featuring values as high as 15x the wager or jackpot rewards, and Golden Lions activating the Special Bonus Game.
The Special Bonus Game occurs on a 3×3 grid featuring three spins, during which only Money Lion symbols appear and remain fixed. Completely filling the grid grants the Super jackpot, whereas the total collected amounts aggregate to establish the final payout of the Golden Lion.
Wilds show up on reels two to four, replacing all standard symbols except Scatters and Lions, assisting in creating winning combinations throughout both the base game and Free Spins.
Three or more Scatters activate the Free Spins, granting up to 20 spins. In the feature, Lions show up more often, and additional Free Spins can be retriggered with two or more Scatters.
In Free Spins, a random feature might trigger, positioning two to six Lions on the reels to enhance winning opportunities.
For players eager to dive right into the game, a Bonus Buy feature is offered, granting immediate access to 10, 15, or 20 Free Spins.
Ivan Kravchuk, CEO at Evoplay, said: “Heart of Africa: Lion Way captures the raw beauty and intensity of the savannah, combining striking visuals with a feature set that keeps players engaged from the first spin.
“The Lion Way mechanic introduces a fresh dynamic to the experience, giving players a clear path to rewards while maintaining the sense of unpredictability and excitement that defines the wild.”
The post Evoplay Embarks on a Heart of Africa: Lion Way appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Best Slot Developer
Amusnet Named Best Slot Developer at GamingTECH Awards 2026
Amusnet has been awarded the title of Best Slot Developer at the GamingTECH Awards 2026, marking a notable acknowledgment of the company’s innovative and technical prowess. Unveiled on March 25th in Prague at the 10th-anniversary edition of the Prague Gaming & TECH Summit, this recognition emphasizes the influence of the company’s varied, high-achieving slot collection throughout Central and Eastern European markets.
This accolade highlights the organization’s capacity to provide a diverse array of titles that satisfy the changing needs of both operators and players. By prioritizing technical dependability, dynamic animations, and captivating features, Amusnet has positioned itself as a key partner in the area.
“We are truly honoured to receive the Best Slot Developer award,” commented Julia Peeva-Sertov, CEO & Director at Amusnet Gaming, Malta. “This recognition reflects the dedication of our entire team and our commitment to delivering exceptional gaming experiences for players. Empowering our partners continues to inspire us to push boundaries and set new benchmarks in the industry.”
The Prague Gaming & TECH Summit united industry leaders and top executives to explore the connection between gaming, AI, and fintech. During the event, representatives from Amusnet Gaming participated in strategic networking and high-level discussions within the industry, enhancing connections with partners in the CEE area. Winning this title at a milestone anniversary occasion reinforces the company’s position as an innovative leader in the digital entertainment industry.
The post Amusnet Named Best Slot Developer at GamingTECH Awards 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
bets
SiGMA South America panels focus on key debates to Brazil
The 2026 edition of SiGMA South America kicked off today in São Paulo, bringing together some of the leading figures in the iGaming industry in Latin America.
The event takes place from April 6 to 9 at the Transamerica Expo Center, with a program spread across the Itaim, Jardins and Paulista stages.
Over three days, experts will address key topics for the current moment of the Brazilian market, such as regulation, sports integrity, responsible gambling and innovation in user experience.
Responsible gambling and mental health in focus
Among the highlights is the panel “Mental Health and Responsible Gambling: The Search for Solutions to the Invisible Challenge of the Gaming and Betting Market”, which proposes an integrated approach between regulation, mental health and public management.
Participants include Leandro Pamplona, partner and lawyer at BKP Advogados; Marcus Vinícius de Almeida, state deputy at the Legislative Assembly of Rio Grande do Sul; Cristiano Costa, CKO of EBAC – Brazilian Company for Support to Compulsivity; Daniel Romanowski, president of Lottopar; and Ana Bárbara Teixeira, Director of Government Relations and founder of ABRAJOGO/AMIG.
Pamplona states that the balance between protection and autonomy lies in “responsible freedom”.
“The operator cannot assume an absolute paternalistic position, but cannot be passive in the face of potentially problematic behaviors either”, he says.
According to him, the operator begins to exercise a delegated regulatory role, based on three pillars: clear information, mandatory preventive tools and effective monitoring.
Regarding Brazilian legislation, he believes there is already a relevant foundation, although still under consolidation.
“The integration of data between operators, regulators and the clinical field will be key to measuring the effectiveness of the rules”, he says.
“Brazil already has a relevant regulatory framework, but it is still in the process of practical consolidation. Until now, these issues were treated in isolation.
There is still no precise data to identify potential regulatory gaps.”
“Going forward, there will be integration of data between operators, regulators and the clinical or medical field. Based on this data, we will be able to verify the effectiveness or not of the current legislation.”
Sports integrity and real-time monitoring
The panel “Integrity on the Field: Preparing the Regulated Market for a World Cup of Safe Betting” brings together Felippe Marchetti, Director of Integrity Partnerships at Sportradar LATAM; André Megale, representative of SIGA Latin America; Michelle Ramalho, executive at the CBF; Carla Dualib, executive at SOFTSWISS; and Caio Porto Ferreira, representative of the Brazilian Federal Police and the STJD.
Marchetti explains that risk monitoring currently combines advanced technology and cooperation with operators.
“Tools based on artificial intelligence identify unusual betting volumes and significant deviations in odds, both in legal and illegal markets”, he says.
According to him, the detection of warning signals is based on a combination of advanced technology and cooperation with operators.
“Today we have tools such as the AI-based FDS, which monitors both legal and illegal markets and generates alerts when there is an unusual volume of bets or significant deviations between expected and actual odds”, he noted.
This type of system makes it possible to identify atypical patterns that may indicate potential manipulation risks.
Marchetti also highlighted the importance of information sharing with operators as a fundamental part of the integrity process.
“Another key indicator is when operators’ own risk teams detect suspicious behavior and share that information with us, allowing us to carry out a double verification of the markets”, he explained.
This is complemented by signals linked to the sports ecosystem itself.
“For example, when there is a concentration of athletes with a history of manipulation within the same team, this generates additional alerts and leads us to monitor the situation more closely”, he added.
Regarding collaboration between operators, sports entities and authorities, Marchetti stressed that the Brazilian scenario has evolved significantly following market regulation.
“Today Brazil is in a much more advanced position than in the pre-regulation period, starting with the legislation, which requires operators to maintain agreements with integrity entities”, he stated.
In this regard, he highlighted that Sportradar already works with dozens of regulated operators in the country, facilitating a constant flow of information on suspicious matches and atypical behavior.
This cooperation model also extends to public bodies and sports entities.
“We have agreements with regulatory authorities and work together with state federations, the CBF, CONMEBOL and other organizations, both in market monitoring and in educational initiatives”, he explained.
He also highlighted progress in building a national policy to combat match-fixing, which includes training for security forces and institutional coordination spaces.
User experience and personalization on the rise
The panel “Beyond the Screen: The Impact of the World Cup Betting Experience” will feature Natalia Nogues, CEO and founder of Control F5; and Dario Leiman, Head of Business Development LATAM at SOFTSWISS.
On the topics of the discussion, Felipe Costa Nadalini, Senior Account Executive at Optimove, points out that there is still limited understanding of the concept of real time in the sector.
“Real-time engagement does not mean responding immediately without relevance. The differentiator lies in personalization based on data and user behavior”, he says.
“Let’s imagine a scenario: you enter an e-commerce site and, as soon as you leave, you receive an email, a push notification or an SMS with an offer that has nothing to do with what you were looking for or your history. That is not effective engagement. Today, operators not only compete among themselves, but also with a huge indirect competition for the user’s attention.”
“Real-time engagement is important, but personalization is equally, or even more, relevant. We need to understand who the player is, their history with the brand and their behavior in order to deliver the right content at the right moment.”
“True real time happens in the background. It is the crossing of historical data that allows the action, when the moment comes, to be truly relevant. It is not just about sending an offer. It can also be a responsible action, such as detecting unusual behavior and offering responsible gambling content.”
“In addition, it is key to understand the channel. Some players interact more via email, others via SMS or push. Choosing the right channel is just as important as the message.”
When asked about underutilized technologies, Nadalini noted: “Data alone does not perform miracles. Many operators in Brazil still use their tools in a limited way, replicating competitors’ strategies instead of building something of their own.”
“There is no point in having a mountain of data if it is not used intelligently. The real differentiator lies in crossing that information to understand what content, in which channel and at what moment makes sense for each player.”
“If I do not personalize the experience, everything becomes white noise. And when that happens, the player simply stops paying attention.”
Convergence between physical and digital
The panel “Physical or Digital? Between Boundaries and Convergences in the Casino Industry” will feature Leonardo Benites, founding director of ANCASSINOS; Luiz Felipe Maia, partner at Maia Yoshiyasu Advogados; and Bryan Ortiz, director of Zitro Digital Brasil, in addition to Marco Pequeno, country manager at Amusnet; and Fernando Mora, Business Development Executive at Sportradar Brasil.
The discussion will address the growing convergence between physical and digital operations, driven by omnichannel strategies and the evolution of consumer behavior.
The role of the media in the regulatory debate
The panel “The Role of the Media in the Debate on the Restriction of Betting Advertising” will feature Magnho José, editor-in-chief of BNLData; Paulo Saad, vice president of Grupo Bandeirantes; and João Gallucci Rodrigues, managing partner at Poder360.
According to Magnho, Brazil is still going through a process of adaptation after decades of gambling prohibition.
“The Brazilian media, like the Judiciary, is still learning to coexist with sports betting and online gaming”, he said.
“A large part of the media that currently covers the sector does not understand it, and in many cases does not even try to understand it, which results in superficial and often biased coverage.”
The journalist and editor also warned about the impact of these narratives on regulation: “There is a real risk that misguided coverage may push for advertising restrictions and end up favoring the illegal market.”
For him, advertising plays a key role: “Bettors often cannot distinguish between what is legal and illegal, and advertising plays a fundamental role in that distinction.”
Finally, he concluded: “It is not about stricter regulation, but about misinformation. It is a lack of knowledge about the sector.”
To view the full agenda: https://sigma.world/summits/south-america/agenda/
BiS SiGMA South America 2026
BiS SiGMA South America is part of the SiGMA Group’s global event portfolio, one of the leading international platforms dedicated to the gaming, betting, and technology industry, with editions held in various regions across the globe.
Held annually in São Paulo, BiS SiGMA South America has consolidated its position as the largest and most traditional business event for the iGaming and betting sector in Latin America.
It gathers operators, technology providers, platforms, investors, government representatives, and specialized media in an environment geared toward business generation, knowledge exchange, and market development.
For the 2026 edition, the event is expected to host 18,500 participants, featuring more than 400 exhibitors and sponsors, and a content program with 250+ speakers—reinforcing the event’s scale, its international relevance, and São Paulo’s role as the region’s primary business hub for the industry.
Beyond the trade exhibition, BiS SiGMA South America offers a robust lineup of content, panels, workshops, and awards, covering topics such as innovation, operations, market trends, and industry best practices, actively contributing to the evolution and professionalization of the ecosystem.
The post SiGMA South America panels focus on key debates to Brazil appeared first on Americas iGaming & Sports Betting News.
-
bingo7 days ago -
Compliance Updates7 days agoEGBA Urges EC to Tackle Rising Online Fraud in Gambling Sector
-
Greentube7 days agoGreentube hauls in big wins with Rumble Riches™ Haulin’ Gold™
-
Baroness Fiona Twycross5 days agoBGC AGM 2026 Discussed About Surging Illegal Gambling Black Market
-
Booming Games5 days agoBooming Games releases Ultra Buffalo Hold and Win
-
Big Time Gaming5 days agoBTG brings iconic board game action to the reels with MONOPOLY MEGAPOTS™
-
Latest News4 days agoELA Games Contributes to Discussions on Scalable iGaming Ecosystems and Studio Innovation at HIPTHER Prague Summit
-
DEGEN Studios7 days agoDEGEN Studios ignites a brutal blood feud with Vendetta Fury



