Veikkaus Oy is Finland's government-owned gambling operator, formed in 2017 through the merger of three state-owned companies: Veikkaus (lottery and sports betting), RAY (slot machines and casino games), and Fintoto (horse racing betting). As the sole legal gambling operator in Finland, it holds a monopoly on all gambling activities in the country, with profits directed to the Finnish government to fund arts, sports, science, and social welfare programs.
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