In this article we list the top 10 bingo sites in Finland, with the best promotions and bonuses. They are all accredited here on IBS and you can expect fair gaming. You are also able to deposit in Euros if you choose.
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Online gambling as a whole in Finland is really interesting because it’s set up in a different way than virtually anywhere else on the planet. We get into the legalities of online bingo for Finnish players and who these monopolies are that control online gambling.
Finland has an interesting online bingo setup with state-backed monopolies who control all online gambling in the country.
What’s the real story?
There are three main companies that hold a monopoly on different aspects of the industry for the majority of the country, but then there is a fourth that controls the gaming interests for the Aland Islands. The Aland Islands are overseen by PAF, and the main market is overseen by Veikkaus, Fintoto and RAY. Fintoto controls horse racing, Veikkaus controls sports betting and the national lottery, and RAY controls traditional casino games like slots and table games.
Here’s the deal…
The Classification for Online Bingo in Finland
Now what’s really interesting about this arrangement is that none of these companies have a clear claim for online bingo in Finland, so they all end up offering it to some degree. That creates a situation where there is a small amount of competition in an environment that normally would not foster it. In fact, the government-backed monopoly on online gambling in Finland has gotten the attention of the European Union courts, who have been insisting that they break the monopoly up.
PAF, Veikkaus and RAY all offer online bingo in this country, and the one operated by PAF is the largest with a focus on 90-ball bingo in several forms. There has been some conflict here and there with the fact that PAF offers their services to all of Finland despite having been focused on the Aland Islands, but it’s not a major point of contention.
The bottom line…
The Finer Points of Online Bingo Regulation
For the players who live there, the best Finland bingo sites can be a bit complicated to join. There are a number of reasons why that is the case.
- Players are discouraged from playing with foreign sites, but there is no specific law against doing so.
- Pressure from the EU courts largely keeps Finland from instituting any new measures to keep players from accessing foreign sites at this time until things are clarified on the monopoly front.
- This means players can access foreign sites, but they won’t have the protection that comes along with playing from the regulated sites in the monopoly for online bingo in Finland.
The Future for Finland Bingo
The bottom line is that online bingo in Finland is likely to change simply because their entire structure for how they handle online gambling as a whole is likely to change. They are eventually going to be heavily pressured into opening up their online gambling market to a licensing process that breaks up the state-backed monopoly, which ironically enough, will likely lead to them earning just as much (or more) in revenues from the games as they do now due to increased competition and less of an incentive for players to seek out foreign sites.