New year, New Veikkaus

The Finnish gaming operations will be shouldered entirely by a single company, as the activities of the current three operators – Fintoto, Finland’s Slot Machine Association RAY, and Veikkaus – merge in 2017.

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Legislation

RAY has the exclusive right to operate slot machines, casino games and casino activities in Finland. RAY is a special organisation, the operations of which are governed by legislation and decrees. Thus we can ensure players' legal protection, prevent misuse and crime, and reduce the harmful social effects of gaming.

The operations of the other Finnish gaming organisations, Veikkaus and Fintoto, are also based on the Lotteries Act. The act was last amended in 2012.
Funding activities also have their basis in legislation.

In addition to this, government decrees govern RAY’s organisational form, administration and revenue accounting procedures, the organisation of gaming, and the rules of the games.

In addition to the above, RAY also follows an agenda which determines factors such as the areas of responsibility of the Managing Director, RAY’s Board of Directors, and the Committee.

Read more Lotteries Act