Veikkaus (1940–2017)

Veikkaus Oy
FormerlyOy Tippaustoimisto Ab
Company typeLimited company
IndustryGaming
Founded1940
Defunct2017
FateMerged with Fintoto and RAY
SuccessorVeikkaus (2017)
HeadquartersVantaa, Finland
OwnerFinnish government
Number of employees
364 (2010)
Websitewww.veikkaus.fi

Veikkaus Oy was the Finnish national betting agency. It was fully owned by the Finnish government and had an exclusive legal betting license on lotteries and sports betting in Finland. Veikkaus was managed by the Finnish Ministry of Education, which shared money earned by Veikkaus with various organizations. In 2010 Veikkaus gave 462.7 million euros for the Ministry of Education to share. The rules of the games and gaming itself are controlled by the Finnish Ministry of Internal Affairs.

On January 1, 2017 Veikkaus merged with RAY and Fintoto. The new company that was founded as a result is also called Veikkaus.