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State gambling firm should no longer decide charity payouts, report says
Veikkaus needs to generate revenue for charities but at the same time is expected to combat problem gambling.
File photo of Veikkaus Casino in downtown Helsinki.
Image: Nella Nuora / Yle
The state-owned gambling monopoly Veikkaus should no longer decide how its funds are distributed in grants, according to a proposal from the Finnish Competition and Consumer Authority (KKV).
Veikkaus is a significant source of funds for cultural, veterans’, youth, sporting and social and health care organisations.
In its fourth and final report on Veikkaus operations published on Wednesday, KKV said that the Finnish state should be in charge of distributing the state-owned firm s funds, with grant money included in state budgets.