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Best Online Casinos In Finland

Hitting a jackpot has to be one of the best feelings. When you place your bet, there is a small chance that planets can align; at the same time, the goddess of luck winks at you, and yes, the big prize is yours.  There are places in the world where casinos and gambling are the heart of the economy of a city or a region. When you think about casinos, you immediately think of Las Vegas. But the rest of the world also enjoys this type of activity. With the popularity of the Internet, online casinos were born, and people started playing online as well. Finland might be a cold country, but the temperature rises when people gamble in the different casinos. Let's see what Finland can offer us in terms of gambling in general.

Best Finnish casino sites 2024

Rank Casino Rating Bonus Get bonus
1
4.8/5
Welcome package up to 1,950 EUR + 150 free spins
PlayRead review
2
4.5/5
100% Welcome Bonus up to EUR 600
PlayRead review
3
4.5/5
300% welcome package with 500 FS
PlayRead review
4
4.5/5
Welcome bonus 150% up to €600
PlayRead review
5
4.8/5
100% welcome bonus up to €600
PlayRead review
6
4.8/5
100% welcome bonus up to 290 EUR
PlayRead review

History of casino gambling in Finland

The Finish entertainment industry has different branches offering options for all ages. Gambling has been a core activity in the country with slot machines available in most places in the country. They can be found in most public places, from supermarkets to gas stations and in other different locations where you might be surprised to find a slot machine.

The government has embraced the positive side of gambling, understanding that it can work as a boost for other industries, boosting the local economy while bringing revenue in the form of taxes. To prevent any issues when it comes to player addiction, the government has strong regulations to prevent problematic behaviors related to gambling and playing.

Before the country had casinos everywhere, Finnish people fell in love with slot machines as they were easy to find. They were so fun that eventually, they became the favorite pastime of a good portion of the Finnish population. If you trace back to the first slot machines, they were brought to the country in the 1920s from Germany. Finns were so excited with these machines that private companies started opening slot machines in the country after that.

At the risk of getting out of control, the Finnish government had to jump in and start regulating these forms of entertainment. The first regulations started to be effective in 1933 with a curious decision from the government to give licenses only to charities. While this was successful for a handful of years, most private companies started to express their discomfort with the regulations, and this caused the next milestone in the gambling industry in Finland: the creation of RAY, the first authority of gambling in the history of Finland.

In the following decades, other authorities were created by the Finnish government, with the next milestone being the 1965 Act. Since then, more than half a century has passed, and the industrial environment in the country has remained unchanged for the most part. In 2001, The Lotteries Act was put into practice to put stronger regulation on gambling activities, making adjustments to the state monopoly and helping the government stay on top of all gambling activities. This has been a powerful effort to minimize the impact of gambling on problematic players.

This Act received an amendment to address issues in marketing to prevent casinos from promoting activities freely in mass communication media. In Finland, you won’t see casinos advertising on television.

As of today, all these acts are still in place, establishing a strong monopoly in the country, both in brick-and-mortar and online casinos. All casinos, slot operators, poker rooms, and even websites need to be approved by the corresponding authority.

How are online casinos regulated in Finland?

Control and regulation over all gambling activities in Finland have evolved since the middle of the second decade of the 20th century. The first authority, RAY, still exists today, with other similar ones being created to oversee other areas that RAY was not covering.

RAY is the first, the biggest and probably most important authority in the country. They are in charge of controlling and ruling over brick and mortar casinos that operate in Finland. All casino games are regulated by this body.

With TV and later the Internet, sports became an important pastime all over the world, with millions of people following different disciplines around the world. But then, sports met gambling and sports betting was born. With the need to control these activities as well, Veikkaus OY was born. They are responsible for sports betting in the country but their function goes beyond that. They are also in charge of lottery, scratch, and instant wins. Horse racing also gained popularity, and the Fintoto OY was born to control these activities.

Finland is known for the beauty of the beaches and old streets of the Aland Islands. This is an autonomous region of the country, having the PAF as the regulating body of the gambling activities in this region.

Top 5 best online casinos in Finland

In search of the finest online casinos that Finland has to offer? Fortune smiles upon you! Finland's digital casino landscape is a vibrant tapestry adorned with many choices. Among the elite quintet are the following luminaries that will be discussed in this article. Let us embark on a journey into the enchanting realm of online gambling in the land of a thousand lakes, Finland.

#1 Rabona

Rabona Finnish casino

In the Finnish casino industry, Rabona is recognized for its extensive selection of online slot games and user-friendly interface, appealing to a broad range of Finnish players.

Features

Descriptions

Welcome Bonus

100% up to €200

Popular Casino Games

Slots, Roulette, Blackjack, Baccarat, Poker

Suppliers

NetEnt, Microgaming, Play’n GO, Pragmatic Play

Payment Methods

Visa, Mastercard, Skrill, Neteller, Trustly

Minimum Deposit

€20

Customer Support

24/7 Live Chat, Email

Pluses
  • Diverse casino game with live dealer options
  • User-friendly
  • Various casino games.
Minuses
  • Limited bonuses

 

 

#2 20Bet

20Bet Casino in Finland

20Bet stands out in Finland for its diverse library of casino games and live dealer options, offering a rich and engaging online gaming experience.

Features

Descriptions

Welcome Bonus

100% up to €120

Popular Casino Games

Slots, Roulette, Blackjack, Baccarat, Poker

Suppliers

Evolution Gaming, Pragmatic Play, Ezugi, Vivo Gaming

Payment Methods

Visa, Mastercard, Skrill, Neteller, Trustly

Minimum Deposit

€20

Customer Support

24/7 Live Chat, Email

Pluses
  • Wide selection of games
  • Casino games have one high RTP odds
  • Mobile app for on-the-go gambling
Minuses
  • Slow customer support.

 

 

#3 Megapari

Megapari Finnish Casino

Megapari is notable in the Finnish market for its vast array of casino games, including various slots and table games, catering to different player preferences.

Features

Descriptions

Welcome Bonus

100% up to €150

Popular Casino Games

Slots, Roulette, Blackjack, Baccarat, Poker

Suppliers

Evolution Gaming, NetEnt, Microgaming, Pragmatic Play

Payment Methods

Visa, Mastercard, Skrill, Neteller, Bitcoin

Minimum Deposit

€10

Customer Support

24/7 Live Chat, Email, Phone

Pluses
  • Broad sports markets
  • multiple payment methods
  • extensive live betting.
Minuses
  • An overloaded website might confuse newbies

 

 

#4 1xBet

1Xbet in Finland

1Xbet is popular in Finland for its comprehensive selection of casino games and its commitment to providing a seamless and immersive online gaming experience.

Features

Descriptions

Welcome Bonus

100% up to €100

Popular Casino Games

Slots, Roulette, Blackjack, Baccarat, Poker

Suppliers

Evolution Gaming, Ezugi, Vivo Gaming, Pragmatic Play

Payment Methods

Visa, Mastercard, Skrill, Neteller, Bitcoin

Minimum Deposit

€1

Customer Support

24/7 Live Chat, Email, Telegram

Pluses
  • Varied casinos games
  • Attractive bonuses and promotions
  • Multi-language support.
Minuses
  • Slow withdrawals.

 

 

#5 22Bet

22Bet In Finland

In Finland, 22Bet is known for its wide range of casino games and user-friendly platform, making it a favoured choice among Finnish online casino enthusiasts.

Features

Descriptions

Welcome Bonus

100% up to €150

Popular Casino Games

Slots, Roulette, Blackjack, Baccarat, Poker

Suppliers

Evolution Gaming, Pragmatic Play, Ezugi, Vivo Gaming

Payment Methods

Visa, Mastercard, Skrill, Neteller, Bitcoin

Minimum Deposit

€1

Customer Support

24/7 Live Chat, Email, Phone

Pluses
  • Comprehensive casino game library and live dealer options
  • Generous bonuses and promotions
  • Multilingual support
Minuses
  • Cluttered interface.

 

The best casinos in Finland: Comparison

In the Finnish casino industry, selecting the right one can be a pivotal decision. In this comprehensive comparison, we'll meticulously evaluate the finest casinos in Finland to help you make an informed choice that suits your preferences.

Casino

Welcome Bonus

Games Available

Live Games

Minimum Deposit

Withdrawal Time

Rabona

100% up to €200

Slots, Roulette, Blackjack, Baccarat, Poker

200+

20

Up to 24 hours

20bet betting online

100% up to €120

Slots, Roulette, Blackjack, Baccarat, Poker

100+

20

Up to 48 hours

Megapari betting online

100% up to €150

Slots, Roulette, Blackjack, Baccarat, Poker

150+

10

Up to 48 hours

1XBET bookmaker

100% up to €100

Slots, Roulette, Blackjack, Baccarat, Poker

200+

1

Up to 24 hours

22bet betting online

100% up to €150

Slots, Roulette, Blackjack, Baccarat, Poker

150+

1

Up to 24 hours

Main provisions of Finland gambling authority

In Finland, Gambling laws of regulations dictate what and how gambling should operate. The first one is the Lotteries Act and the second one is the Decree of the Ministry of Social Affairs and Health on Slot Machines and Lotteries. When we see the ecosystem of the gambling industry in Finland it is hard not to see the monopoly that exists, with Veikkaus OY as the only provider of all gambling activities in the country.

Upon inspecting the Lotteries Act, we can see key points. The first one is the age restrictions, which are expected. Article 5 of the act establishes that people under 18 are not allowed to take part in lottery or gambling activities. This change was set in 2010. Previously, from 1994 to 2010 the act allowed people older than 15 years to participate in gambling games. The Finnish government made this change in order to protect minors from over exposure to gambling.

Responsible gaming is another area that is well covered in the act. Article 12 prohibits Veikkaus Oy from facilitating access to gambling services to people who are on self-exclusion lists or people dealing with economic issues such as bankruptcy. The next article, article 13, requires the operator to provide information about responsible gaming, offering help and tools to players who might need it. Article 14 requires the operator to analyze the patterns of the players and force them to intervene when any player is showing gambling addiction problems.

The Lotteries Act also establishes that Veikkaus OY must promote gambling in responsible ways. They need to avoid marketing in media where vulnerable adults or children might be a recipient and they must have a clear message, avoiding all kinds of misleading information. They also enforce the creation of games that don't create addiction; information on the fairness of the fame must be clear at all times.

The Decree of the Ministry of Social Affairs and Health on Slot Machines and Lotteries has produced more regulations aimed at protecting the player in a more comprehensive way. Article 10 establishes that the maximum bet allowed must be capped at 2 euros. The payout percentage is detailed in Article 11, which requires that the payout percentage should be at least 85%, with lotteries being required to have a payout of at least 45% Article 9 deals with the location of the slots, establishing they should only be placed on premises with licenses for that.

In an important remark, the state announced its intention to end the state-controlled monopoly, opening the gambling ecosystem to other companies and operators through a system of licenses that will be strictly given to operators that can fulfill the strong requirements that will be expected by the government. It is expected that this new law will come into effect in 2026.

Best live casino sites in Finland

Rank Bookmaker Rating Bonus Get bonus
1
4.8/5
225% welcome bonus on the first three deposits
PlayRead review
2
4.5/5
Welcome Bonus 150%, up to EUR 100
PlayRead review
3
4.5/5
100% Welcome Bonus up to €100
PlayRead review

Gambling taxes in Finland

The state-owned gambling operator Veikkaus Oy is required to pay taxes on the profits they have for their activities. Until now, it paid a 5% tax on its profits, but this will change in 2024, when it will have to pay 12%. The objective of this, in the first place, is to increase the revenue collected by the central government and to prevent any harm to society caused by irresponsible gambling.

When it comes to foreign operators, we need to understand that while they are not allowed to operate in Finland and can't promote their services actively in any media, the government does not prevent its citizens from using the services of foreign gambling operators. This means that Finns can go to foreign websites and play different games and earn money from that. Finns have a value-added tax applied over their earnings, with a VAT Rate of 24%.

Last year, the government announced its intention to open up the gambling industry to foreign operators; Veikkaus Oy will start to pay a higher tax of 12%, while foreign operators will be taxed up to 15%.

Payment Methods Accepted By Online Casinos In Finland

Payments

If you want to play at online casinos, you need to fund your account first. There are different methods that you can use for this. Of course every casino will have its own methods, so take this as a general rule of the general methods that you can have in the casinos in Finland.

  • Credit and Debit Cards payment logo
    Credit and debit cards
  • ewallets betting sites
    E-Wallets
  • hockey world cup bookmakers bank transfers
    Bank Transfers
  • Prepaid Cards Payment logo
    Prepaid vouchers
  • Credit and debit cards:

These are pretty common methods for most online transactions. Most websites accept credit cards, Visa, MasterCard, and even other ones like Diners Club. Funding can be immediate and withdrawal times are definitely slower.

  • E-wallets

Since the inception of the Internet this way of paying online has gained popularity. Usually, e-wallets can fund an account immediately, and most casinos in Finland accept the most popular wallets like Neteller, Skrill, Paypal, and Trustly.

  • Bank transfers

Everybody has a bank account. Therefore, this is a payment method that you can use to fund your casino account. The main disadvantage is that this method can be slower than other ones.

  • Prepaid vouchers

Retail stores sell vouchers that you can use to fund your accounts. These vouchers are prepaid and you can get them in different places across the country. Popular prepaid voucher methods include Paysafecard and Neosurf.

  • Mobile payments

Online casinos have started using mobile platforms for online payments. Popular mobile payment methods include Siru Mobile and Zimpler.

The specific payment methods available at an online casino will vary depending on the casino. You can usually find a list of accepted payment methods on the casino's website.

Payment Method

Deposit Time

Withdrawal Time

Fees

Security

Convenience

Availability in Finland

Credit/Debit Cards (Visa, Mastercard, Maestro)

Instant

1-5 business days

0-2.5%

High

Widely accepted

Yes

E-wallets (Neteller, Skrill, PayPal, Trustly)

Instant

1-2 business days

0-2.5%

High

Secure and convenient

Yes

Bank Transfers (Siirto, Euteller)

1-2 business days

3-5 business days

0-2.5%

High

Safe but slow

Yes

Prepaid Vouchers (Paysafecard, Neosurf)

Instant

Not applicable

0-5%

Limited availability

Convenient but less secure

Yes

Mobile Payments (Siru Mobile, Zimpler)

Instant

1-2 business days

0-2.5%

High

Convenient but not always available

Yes

The Most Famous Casino Players In Finland

Finland has a lot of players and the community is really vibrant and competitive. There are a lot of Finnish players who have earned world recognition for their abilities and earnings.

Arho "Arho88" Manninen: He is definitely one of the most famous players. Known for his earnings playing blackjack and roulette, he gained recognition when he won €1.6 million while playing roulette at an online casino in 2020. He has also had huge setbacks, like losing €1 million during a blackjack session.

Jens "Jensvss" Kyllönen is another popular player who has been recognized for his love of slot machines. In 2023, he was playing in an online casino when Lady Luck smiled at him, and he hit a jackpot of €1.8 million while playing a progressive slot machine. On another day, he lost €500.00 while playing slots online.

​​Sami "Samurayy" Laine: Sami is a finished player who also streams sessions online, and he is also known for entertaining at the same time that he informs and teaches about the games. He is known for high-stakes games, winning large amounts but losing as well. In 2022, he won €2 million playing blackjack at an online casino with his most memorable loss being €1 million in a single slot machine session.

Future of online casinos in Finland

The government has made a strong decision to eliminate the reigning monopoly that has been in place in Finland for more than 50 years. They intend to open the industry to foreign operations through a licensing system. The government intends to increase its revenue through taxes. Casinos operating from Malta, Estonia, and Curacao have become so popular in Finland that, according to estimates, over half of all money spent ends up with these gaming companies instead of the Finnish monopoly, so it’s the next logical step for the government to open up to take advantage of this situation.

For this reason, the future of online casinos will definitely improve in the next few years, offering a wider variety of games and making the gambling scene more entertaining.

Gambling addiction stats in Finland

Recent studies have shown that 3% of the Finnish population between the ages 15-74 have gambling issues; this number equates to nearly 112.000 people. This number has not changed since 2007. Almost half of those currently suffer from pathological gambling effects. This means that nearly 52.000 Finns have serious gambling problems. From those numbers, it is clearly seen that men are more affected by gambling than women. The most affected sector is men from 18 to 24 years old.

Find the Best Online Casinos for Finland

If you want to play in Finland, so far, it is not that complicated to choose casinos; since we have mentioned several times, there is a monopoly still reigning, so you can be sure that all casinos are licensed and safe to play. So, the only thing you need to look for are casinos that have the games that you want to play.

Another thing you should definitely consider is the payment methods. The casino you choose to play needs to have the payment methods that you have available. So far, this is the deal breaker for choosing a casino in Finland. You can also check for casinos that offer free spins and no bonus deposits.

FAQ. Frequently Asked Questions
  • Is gambling legal in Finland?

    Yes, gambling is legal in Finland; as a matter of fact, all gambling activities are strictly regulated and performed by only one operator. There are two different acts that regulate operations, so it is safe and responsible.

  • Do you pay taxes for gambling in Finland?

    Users are not taxed for their earnings, only the operators, which are taxed at 5%, and the amount will be increased to 12% starting in 2024. If playing on foreign online casinos, you will need to pay VAT taxes on your earnings, which can go as high as 24%.

  • Are international brands available to gamble in Finland?

    This depends on when you ask. As of 2023, there are no international brands or operators in Finland. However, the law is being modified to allow other operators to enter and operate within the country. The new law is expected to go live around 2026.

  • Can you use different payment methods?

    Yes, casinos in Finland offer different payment methods, from bank transfers to e-wallets. Check with your casino of choice for the alternatives available.

Author
James Akerele
James is a copywriter and iGaming expert with a wealth of experience in online casino gaming, sports betting and crypto. He believes every reader needs access to the right information provided in an engaging way.
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