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Finland Online Gambling Monopoly
2/17/10 - Warnings by the European Commission as far back as 2006 that Finnish state gambling monopolies are in conflict with EU principles of free movement of goods and services appear to have gone unheeded by the Finns, judging by this week's news that RAY and Veikkaus Oy have been given the green light to exclusively offer online action.
RAY (the Finnish Slot Machine Association) and state lottery Veikkaus Oy are the main state gaming monopolies, and will be allowed to launch online poker and casino games when new and exclusive licensing legislation comes into force early next (March) month.
The monopolistic nature of the two local companies has been largely backed by the Finnish judiciary despite EC opinions and litigation by foreign competitors.
In September last year the Finnish parliament debated legislation seeking to prohibit all forms of gambling advertising including event and sports player sponsorship and branding....even where no reference is made that could be construed as enticing to gamble. The legislation was strongly supported by state and public in Finland, favouring the three monopolies Veikkaus Oy, RAY and Finntoto.
The proposals have their roots in Finnish Supreme Court recommendations following legal actions by foreign gambling companies seeking to open up the market. The monopolies were attacked for marketing gambling offers whilst justifying the monopoly on grounds of the public wellbeing and safety.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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