Connect with us

Latest News

Finnish Consumer Authority Says Veikkaus’ Revenue Should Go to Treasury

Published

on

Reading Time: < 1 minute

 

The Finnish Competition and Consumer Authority (KKV) has published its final report into the country’s state gambling monopoly, Veikkaus.

The authority has concluded that Veikkaus’ revenue should go to the Finnish treasury rather than specific ministries and that Veikkaus should be placed under the power of the Ministry of Social Affairs and Health.

More than half of Veikkaus’ revenue currently goes to the Ministry of Education and Culture to fund sports, science and arts, while 43% goes to the Ministry of Social Affairs and Health. The remaining 4% goes to the Ministry of Agriculture and Forestry as funding for horse racing.

The KKV said this meant that initiatives to reduce gambling harm could lead to underfunding in the other areas. It suggested that all revenue should go to the treasury instead to ensure predictability and stability in funding.

Research professor Mika Maliranta said: “If active efforts are made to reduce gambling disadvantages, Veikkaus beneficiaries will not be able to anticipate their funding, as reducing gambling disadvantages is likely to have an impact on the amount of Veikkaus revenues distributed to beneficiaries.

“On the other hand, if the gambling monopoly does not actively seek to reduce harm, the monopoly system does not meet the purpose or justification of the law. This contradiction has hampered the social debate about Veikkaus’ responsibility.”

The report also recommends that Veikkaus’ governance should come under the Ministry of Social Affairs and Health (STM) instead of the Prime Minister’s Office.

It said: “STM is already responsible for monitoring, researching, evaluating and developing prevention and treatment of gambling disorders. Thus, it would be best placed to steer the company in a direction where gambling causes less harm to individuals and society.”

Powered by WPeMatico

Continue Reading
Advertisement

AI

Veikkaus rolls out OpenBet’s Neccton responsible gambling platform ahead of 2027 reform

Published

on

veikkaus-rolls-out-openbet’s-neccton-responsible-gambling-platform-ahead-of-2027-reform

Veikkaus will deploy the latest version of OpenBet’s Neccton AI-enhanced responsible gambling platform across its digital and retail channels, the companies said on 16 June 2026. The rollout comes as Finland’s newly approved Gambling Act increases operator obligations to spot and address risky gambling behaviour early, including active intervention where risk indicators emerge.

OpenBet said the Neccton platform is designed to identify potentially risky gambling behaviour in real time, generate automated alerts, and support tailored player interventions. The system summarises behavioural data, risk markers and historical context in plain language, and provides AI-assisted explanations intended to support compliance teams while maintaining human oversight.

Susanna Saikkonen, Vice President for Sustainability at Veikkaus, said: “Veikkaus’ individual gambling safety net model is based on identifying risky gambling as early as possible and offering players both support and concrete limitations. The Neccton platform provides us with an ISO-certified, extensively security tested and scientifically validated tool that strengthens our ability to identify risk and support our customers in gambling responsibly.”

Dr Michael Auer, Managing Director of Neccton at OpenBet, said: “In today’s regulatory environment, operators must demonstrate how they actively prevent gambling-related harm. The latest version of the Neccton platform enables real-time, data-driven intervention and measurable duty of care. We are proud to expand our partnership with Veikkaus to further strengthen its responsible gambling framework.”

The Neccton deployment extends Veikkaus’ existing relationship with OpenBet. OpenBet has been powering Veikkaus’ next-generation sportsbook platform and providing Managed Trading Services across digital and retail channels since May 2025, according to the companies. Veikkaus is preparing for Finland’s expected market liberalisation in 2027.

The post Veikkaus rolls out OpenBet’s Neccton responsible gambling platform ahead of 2027 reform appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Jani Kontturi Head of Games at SkillOnNet

SkillOnNet adds Octoplay casino games across its UK brands

Published

on

skillonnet-adds-octoplay-casino-games-across-its-uk-brands

Octoplay titles go live on PlayOJO, Genting, SpinGenie and MegawaysCasino, with more regulated markets planned.

SkillOnNet has launched Octoplay’s casino games across its UK iGaming sites, making the supplier’s content available to players on brands including PlayOJO, Genting, SpinGenie and MegawaysCasino.

The UK rollout includes Octoplay titles such as Vegas is Dead: Battle Arena, Shaolin Panda: Chaos Reels, and Serpent Gold: Hold and Win. SkillOnNet said it plans to expand the partnership into additional regulated markets in the coming months.

Jani Kontturi, Head of Games at SkillOnNet said: “We’re delighted to welcome Octoplay to our platform in the UK. The studio has built a strong reputation for developing high-quality games that combine engaging mechanics with blockbuster production values. We are confident our players will love the content, and we’re excited to extend the partnership into additional regulated markets in the near future.

Ralitsa Georgieva, CEO at Octoplay: “Launching with SkillOnNet in the UK represents another important milestone for Octoplay. SkillOnNet operates some of the industry’s most established iGaming sites, and this partnership allows us to bring our games to a wider audience of players. We look forward to building on this initial launch and expanding together into further markets.”

The post SkillOnNet adds Octoplay casino games across its UK brands appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

iGaming content

Microgaming launches new Playboy-branded slot, Playboy Gems and Desires

Published

on

microgaming-launches-new-playboy-branded-slot,-playboy-gems-and-desires

Microgaming has launched Playboy Gems and Desires, the latest addition to its official Playboy-branded games portfolio.

The slot uses a reel set featuring Wild stacks that land on reels two, three and four. The game also uses a ways win structure as part of its presentation.

Free Spins are triggered by landing the letters B-U-N-N-Y. During the bonus, an active Win Multiplier can build, while Reel Jackpots and a Jackpot Wheel are also included.

Microgaming said the game includes “Personal Persistence”, which allows the Free Spins Multiplier and Reel Jackpots to carry across all bet levels. The supplier stated a maximum win potential of up to 5,000x the bet.

A Microgaming spokesperson said: “Playboy is a brand with instant recognition, but also a very clear sense of style, confidence and premium entertainment. With Playboy Gems and Desires, the aim was to capture that atmosphere in a way that feels authentic to the brand, while delivering a slot experience with real energy and broad player appeal. It is another strong addition to our official Playboy portfolio and one that reflects the quality and ambition behind the partnership.”

The post Microgaming launches new Playboy-branded slot, Playboy Gems and Desires appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania