finland

PAYMENT METHODS AND ONLINE CASINOS IN FINLAND

Top Casinos and Best Banking Options for Finnish Players

Continuing our exploration of the status of online gambling in Scandinavian states, we’ve arrived in Finland, the country that houses the happiest nation in the world, has all the sauna you can handle, health care for all, northern lights and also some weird competitions such as wife-carrying.

Finns adore gambling and belong in the top five gambling nations across the globe. There are plenty of online casino players among Finnish residents, and for them, CBM has compiled this overview of the best casinos and banking methods online for Finnish players.

Many would argue that simply saying that gambling is popular in Finland would be an understatement. Finland’s gambling scene is very dynamic and exciting, more so online than offline. There is open access to all popular internet gambling games, from slot machines and sports betting to scratch cards, lottery, card games and other table games.

This page is dedicated to thousands of aficionados of online gambling and gaming in Finland, people looking to play high-quality games and chase lucrative payouts while exploring the best casino and banking options available. The top-ranking, reputed and trustworthy online casinos in Finland have been our subject of interest, so we share our results here, all the while paying special attention to the recommendable banking methods on offer.

Best Finnish Online Casinos 2020

The Finns are committed casino-goers, despite barely having any land-based casino establishments to go to. A small number of physical casinos is compensated by the excellent choice of online gambling websites available to Finnish players. Finland’s gambling market is mainly state-operated, but this does not impede players to enjoy all the perks and benefits that come with internet casinos. Which ones precisely? Take a look below.

PlayOJO

91.50%

18 + | New Customers Only |

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  • No wagering requirements
  • High limits
  • Excellent live casino

LeoVegas

91.17%

18 + | New Customers Only |

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  • Impeccable reputation
  • 200+ live dealer tables
  • Seven gaming licences

Bitstarz

91.00%

18 + | New Customers Only |

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  • Excellent track record
  • Very fast withdrawals
  • 170+ live dealer tables

7Bit

89.83%

18 + | New Customers Only |

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  • 10-minute cashouts
  • Impeccable reputation
  • Over 200 live dealer tables

BetWinner

89.83%

18 + | New Customers Only |

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  • 6,500+ casino games
  • 200+ live dealer tables
  • 140+ payment methods

King Billy

89.83%

18 + | New Customers Only |

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  • Great table game options
  • Four live dealer providers
  • Cryptocurrencies accepted

22Bet

89.67%

18 + | New Customers Only |

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  • Over 6,500 games
  • 300+ live dealer games
  • Stunning array of banking options

Masked Singer

89.50%

18 + | New Customers Only |

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  • Lightning-fast payouts
  • The Masked Singer branding
  • Top-notch live casino

King Billy MGA

89.33%

18 + | New Customers Only |

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  • Over 4,000 casino games
  • Free deposits & withdrawals
  • Plenty of native live tables

Royal Panda

89.00%

18 + | New Customers Only |

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  • Impeccable reputation
  • Fast cashouts
  • Impressive live casino

Top Casino Banking Methods in Finland

Finland is part of the European Union and allows its residents to make use of the Euro and a lot of the European-based banking solutions. Financing online casino accounts is not an issue, since there are various convenient options available. Most importantly, these options are secure, and we’ve taken a closer look to determine which options are the most popular among Finns, meaning they stand out as the most beneficial and most efficient.

85%
Euteller Logo
Review & Best Casinos
  • Great option for Finland
  • Instant deposits
  • Numerous security features
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83%
Brite logo
Review & Best Casinos
  • Instant deposits & withdrawals
  • A good Trustly alternative
  • Brite service is free of charge
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86%
Trustly logo
Review & Best Casinos
  • Instant bank deposits
  • No fees
  • No registration required
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86%
Zimpler logo
Review & Best Casinos
  • Instant casino deposits
  • Excellent reputation
  • Great option for Sweden, Finland
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85%
Nordea Logo
Review & Best Casinos
  • Good option for Nordic players
  • Highly secure method
  • Excellent reputation
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83%
Siru Mobile logo
Review & Best Casinos
  • Pay with phone number
  • Maximum security
  • Easy to use
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92%
Visa Logo
Review & Best Casinos
  • Fast casino transactions
  • Available around the globe
  • 165 supported currencies
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91%
Mastercard logo
Review & Best Casinos
  • A leading payment solution
  • Maximum security
  • Fast & easy casino transactions
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90%
ecoPayz Logo
Review & Best Casinos
  • Quick casino deposits & withdrawals
  • Available around the globe
  • Designed with iGaming focus
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89%
MuchBetter logo
Review & Best Casinos
  • Quick casino deposits & withdrawals
  • Available around the globe
  • Designed with iGaming focus
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87%
Skrill logo
Review & Best Casinos
  • Instant deposits & withdrawals
  • Safe and reliable e-Wallet
  • Widely accepted at casinos
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86%
Bitcoin Logo
Review & Best Casinos
  • Fast and secure transactions
  • Free casino deposits & withdrawals
  • High maximum cashout limit
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Laws and Regulations on Online Gambling in Finland?

Regulation icon

As we all know, gambling can be addictive and when it becomes irrational, people enter the risks which are much higher than any of the risks they would take if they were gambling responsibly. To prevent this, the Finnish government decided to regulate gambling activities across the country and put the majority of the sites and gaming houses operating in the country under the management of governmental institutions. In a way, gambling in Finland is a state-owned monopoly system, but also a good model which benefits the players and the country as a whole.

If operators wish to enter and set up a gambling business in the Finnish market there have to adhere to a set of limitations established by the local government gambling monopolies and the current legislation. The key legal document that regulates gambling services in Finland is the 2011 Lotteries Act which covers all betting forms and gambling activities in the state.

Certificate icon

The legislation requires operators to have a government-issued license. Veikkaus Oy, the sole provider of the national lottery, sports betting and instant win games (scratch cards) has a government-issued license. Other entities that operate legally are RAY, responsible for providing land-based gambling, and Fintoto Oy, which controls pari-mutuel horse racing. These three entities merged in 2016 and are considered to be one operation. Aland Province is the only exception in the sense that it is controlled by a fourth organization known as PAF. The Finnish model is known as the “3+1” system.

Finnish government considers legal only online gambling sites that are run by PAF and RAY. However, Finnish citizens find it easy and simple to access online casinos that are based outside of Finland. Even though international operators are not allowed to set up their businesses inside the country, players are not facing any restrictions that would ban them from active sites accepting players from the Scandinavian region. These sites are not allowed to advertise directly to consumers based in Finland, but individual players are not blocked from accessing them and playing for real money.

Can Casinos That Accept Finnish Players Be Trusted?

Handshaking icon

Casinos accepting Finnish players are either licensed by the Finnish government or by foreign entities that have been recognised by the industry. All the casinos recommended by CasinoBankingMethods.com at least, you can be sure of that. International operators servicing Finnish customers have an increased presence on the market and their websites are mostly licensed by regulators such as MGA, UKGC, Alderney or Gibraltar. Curacao also appears from time to time, but Malta is probably the most frequent license issuer you will encounter playing at Finnish online casinos.

Fair gaming icon

Sites licensed by the UK Gambling Commission have gone through strict criteria for licensing sites, so you will be engaging in a secure experience and the highest level of player protection will stand behind your every real money wager. You may also see sites with a license from Isle of Man, which is also a solid regulator. Any of the mentioned regulatory bodies make sure that sites adhere to gambling laws and meet the criteria for the provision of secure gambling online. Furthermore, modern online casinos sites are bound to have firewall technology built in to prevent cybercrime and potential data theft. By playing at highly rated online Finnish casinos, you will have all these things covered and won’t have to worry about a thing.

Best Casino Bonuses for Finnish Players

50 Super Spins
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Fortune Legends

Free Spins

No Wagering

Not needed

None

Ongoing

€150

No maximum

96%

50 Free Spins No Wagering
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PlayOJO

Free Spins

No Wagering

Welcome Package

Not needed

None

Ongoing

€10

No maximum

96%

5% Live Casino Cashback
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5% Live Casino Cashback

Cashback

No Wagering

Not required

None

Ongoing

€2

No maximum

95%

Win up to £25,000
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Masked Singer

Deposit

Free Spins

Not needed

60x (Free Spins winnings)

Ongoing

£10

£100 for Free Spins

92%

35% Instant Cashback
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35% Instant Cashback

Cashback

Not required

10x

Ongoing

$10

No maximum

91%

Money Back up to €40
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Gambola

No Wagering

Not needed

None

Ongoing

€10

No maximum

91%

100% up to €100 + 50 Free Spins
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LeoVegas

Deposit

Not needed

20x

Ongoing

€10

No maximum

89%

Evolution Free Chips Promo
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Evolution Free Chips Promo

No Wagering

Not required

None

28 Feb 2021

50 mBTC

No maximum

88%

Local Payment Methods to Consider

Finland banking icons

Finnish online casinos are designed with Finns in mind, meaning they will not only offer software and games popular among Finnish players but also deposit and withdrawal methods that Finnish online punters find to be the best. Banking services can be good even if they come offshore from providers used to operating in international environments. Nevertheless, it is always good to keep in mind local payment methods, as they usually prevail.

The reasons why local payment options are typically found more suitable over universal banking solutions are their convenience, accessibility and being affordable. Finns are likely to be familiar with options such as Euteller, Entercash and Zimpler, which is why many Finnish-oriented casinos offer them. Other excellent methods to consider using are Google Pay, Apple Pay, Trustly, Nordea and Pay by Phone, among other options. Casinos that accept online banking are particularly attractive to players using Suomen Verkkomaksut, a brand specialising in e-payments approved by the government. Finnish people are some of the most tech-savvy on the planet which makes e-wallets and online banking options the perfect fit for topping up gambling accounts.

Depositing with EUR Currency

Euro symbol

Finns use the Euro as local currency, sometimes also SEK. The great thing about using Euros for online transactions is that the number of casinos online accepting Euros is enormous. You can’t go wrong with picking out a EUR online casino since you will be paying without any conversion fees, which, as we all know, can be quite disruptive. You can be in full control of your budget by using a locally-optimised banking method and domestic currency. Remember to always check your prospective casino’s terms and conditions associated with their offered banking options, just to make sure that there aren’t any hidden charges involved.

Fun Facts

  • The highest amount won in an online casino is a whopping 18 million Euros. It took just 30 minutes in Mega Fortune, a game on the PAF gaming website. And, it is won by no other than a resident of Helsinki in Finland.
  • A recent study showed that they were in 4th place for the amount of gambling losses per person. These stats show that Finland loses approximately £2.5 billion per year.
  • Some 3% of Finland’s population has experienced some type of gambling problems. As per the study, in 2019 some 1.4% of the country population suffered seriously due to gambling which translates to some 52,000 people. The most recent study is showing a steady decrease of gamblers at risk. Numbers from 2015 show 15% of gamblers at risk, while the numbers from 2019 show a decrease to 11% for both men and women.
  • Finns are some of the biggest fans of casino games in the world, with the majority of adults in the country gambling on a regular basis. Part of this is due to the country’s unique history, with gambling being heavily promoted by the state decades ago as a way to raise funds via taxation to provide for social welfare.
  • In 2019, the approximate player base in Finland is more than 4.3 million active punters—74% of which are engaged in Jokeri/Lotto/Vikinglotto; 37% do Veikkaus lottery; and 36% play slot machines. Online gamblers are in the age bracket of 25-34.
  • Finland is number 5 in the list of largest gambling nations across the globe. Our only conclusion is that Finns really do know how to enjoy themselves. A lot of saunas and a lot of gambling – yes, please!

FAQ

There are no tax implications for winnings from gambling in Finland. However, if your winning comes from wagers made on events run by non-EEA companies, certain taxes might be applied.

The available payment methods depend on the online casino that you choose. Many of them provide options for using e-wallets, credit/debit cards and bank transfers. You can also use Nordea, Euteller or Zimpler at various casino sites – just sign up, go to the cashier and follow the instructions to make a quick deposit.

Sure! There are no restrictions regarding receiving online casino bonuses in Finland. It is best, however, to check with your chosen casino operator which promo deals are at your disposal. The most popular of the bonus offers are deposit bonuses, no deposit bonuses, and free spins bonuses.

There’s Peluuri which offers peer support, self-help tools and tips and ways to control gambling, plus several other major institutions such as Gamblers Anonymous (Gamblers Anonymous-ryhmä), GamCare and GambleAware, to name a few. These are all trusted organisations you can turn to if you feel you have been gambling irresponsibly.

You need to be at least 18 years old to be able to gamble legally at online casinos in Finland.

Yes, you certainly can. Most Finland casinos offer an app or a mobile-responsive website, both bringing you convenience, security and privacy. Just make sure you are connected to a secure and strong Wi-Fi signal.

Most casinos that offer their website in the Finnish language also offer support in Suomi. However, the support in Finnish may not be available 24/7, and also not at every Finland-oriented casino. Check the support times and also consider contacting support in English as an alternative.

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