Finland has confirmed that horserace betting will fall under the country’s upcoming commercial gambling system. The Ministry of the Interior sent the draft regulation to the European Commission for approval on Friday. The government department also confirmed that it intends to open up Finland’s commercial gambling model by no later than January 1, 2026. As...
Tag: horseracing
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Finland sends gambling regulation to EC, licensed operators can offer horseracing betting
Horseracing betting will fall under the commercial gambling sector’s jurisdiction, instead of the monopoly. This was the final addition a cross-party political committee made to the new gambling legislation. The final version was then submitted to the European Commission (EC) for review on 1 November. Finland is preparing to usher in competitive online gambling in...
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ATG: Progress made on Swedish tax proposals rethink
The CEO of Swedish gambling operator ATG says progress has been made on the company’s efforts to force the government into a rethink of current tax hike proposals. Hans Lord Skarplöth and his company are seeking a standalone tax hike for commercial online gambling to 26 per cent from 18 per cent, as opposed to...