Online gambling now 44% of sales at Finland’s Veikkaus

Finland’s state gambling monopoly Veikkaus reported a slight dip in sales during the first quarter of 2018, partly due to the introduction of new responsible gambling tools.

Figures released this week show Veikkaus generating sales of €805.6m in the three months ending March 31, down 1% from the same period last year. On the plus side, net revenue improved 2% to €256m.

Veikkaus comprises three previously standalone gaming operations – lotteries and sports betting, slot machines and horseracing – that were amalgamated under the Veikkaus banner at the start of last year.

Traditional lottery and keno sales were up 4.2% to €303.5m, while slots revenue (land-based and online) rose 6.7% to €207m.