Gambling and gambling are very similar activities, but some differences exist. One of the most important differences between gambling and gambling is that for gambling the outcome is usually achieved by chance while in gambling the outcome is usually dependent on skill. At the same time, luck and skill play their part in games of chance and money.
When it comes to prosperity Finnish online casino industry, use the term gaming or iGaming, which is equally true for all online casino markets. Many video game activities that Finns enjoy include game features, and many game activities include game features, so there is significant overlap between the two movements. An example of a game that has gameplay features is a game containing one or more mini-games that share similarities with online casino games.
Video games may also feature pick-me prizes that players access by spending real money. Loot boxes, as they may be called, are very popular in the gaming industry. An example of an online casino game that is inspired by video gaming is a slot machine game inspired by a popular video game. Either way, the convergence of games and gambling leads to a significantly higher level of participation, which also applies to the Finnish video game and gambling industries. Additionally, we compare statistics for Finnish online casinos with statistics on video games to see which activity is most common among Finns.
Growing popularity of Finnish online casinos among players
When it comes to online casinos in finlandiGaming sites cater to Finnish players even though no remote gaming licenses are issued to internationals online casinos. The best online casinos in Finland are licensed by non-Finnish iGaming regulators. To date, Ray and PAF are the only online casinos in Finland that are recognized by the government. RAY is also a household name in Finland’s land-based casino industry, while PAF has a monopoly in online gambling.
While Finland has strict iGaming laws and regulations, online casinos serve the Finns. To find out more, see this detailed guide on Finnish online casinos. As in all other European countries where online casinos can operate legally, online casinos in finland have grown in popularity in recent years. According to a 2017 report on the Finnish gambling industry, most Finnish online casino players were manual workers, followed by higher and lower level employees. According to the same report, the fewest number of Finnish players are elderly people.
online casinos. At the same time, around 27% of the male population in Finland are online gamers. As mentioned earlier, the gambling business in the country has been monopolized by RAY, PAF and two other companies, Fintoto Oy and Veikkaus Oy. Yet the best online casinos catering to Finns are owned and operated by non-Finnish companies. Although these four entities continue to dominate the industry, best online casinos in finland are likely to be internationally owned gambling sites.
Other Finland Gambling Statistics
According to this DataReportal post, Finland has a population of 5.5 million, as of January 2022 estimates. The country’s population grew by around 0.1% in twelve months. About 78% of the country’s population engages in gambling activities, according to statistics revealed in 2021, and the most popular form of gambling is iGaming or online casinos. A study by Statistics Finland in 2019 suggested that over the past year, gambling prevalence (2018) in Finland was around 78.4%. It should be noted that 3,994 Finns took part in this study.
The same study also revealed that the prevalence of online gambling in the past year (2018) in Finland was around 36.3%. Moreover, the prevalence of problem gambling in Finland in 2018 was around 3%. The same report of Finland Statistics revealed that scratching cards, lottery games and slot machines were the most popular play activities among Finnish in 2018. A Statista report of 2017 showed that 27 % of men and 10% of women engaged in online gambling.
In 2021, Veikkaus Oy, which is the only licensed online gambling operator in Finland, generated gross gaming revenue of approximately €1.1 million. At the same time, Finland’s overseas online gambling market has accounted for around 30% of the country’s gross gambling revenue over the past ten years. The overall Finnish gaming scene is valued at around €780 million, and the vast majority of gross gaming revenue is generated by online casinos and other online gaming companies.
Games market statistics in Finland
At the end of 2020, there were approximately 2.8 million video gamers in the country. Essentially, about half of the total population are video game players. Additionally, it is estimated that in 2020, the country’s growing video game market will generate over $435 million in gross revenue. As revealed by a survey of the most popular gaming options among Finns, around 86% of Finnish gamers play their favorite games on their mobile devices.
The same survey also revealed that around 77% of Finns play video games on their PC devices, and around 76% of them play on game consoles. In most European gaming markets, mobile gaming is the most popular activity, and the same is true for Finland. In Finland’s case, that’s no surprise, given that it’s home to some of the most successful mobile game developers, including Seriously Digital Entertainment, Supercell, and Rovio.
Also, around 93% of female and 81% of male gamers like mobile games. Some 68% of female and 84% of male gamers prefer to play on their PC devices. Console games are popular with 68% of female and around 81% of male gamers in Finland. When it comes to the most popular games, Candy Crush Saga is the leader in the mobile video game market. Minecraft, Grand Theft Auto, and Call of Duty are the most popular games among those who play on PC and consoles.