General information, not financial, investment, legal, tax or betting advice · Prediction markets carry risk of loss · 18+ or the legal age in your region
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Legality by placeFinland

Are prediction markets legal in Finland, and how settled is it?

A plain, dated guide to prediction market legality in Finland. The Veikkaus state monopoly that still channels gambling, the absence of a specific ruling on prediction markets, the crypto framing that muddies their classification, and the licensed market reform due in 2027. Information, not legal advice.

By Fredrik FilipssonFounder and editor · Two decades in advisory, hospitality and mediaEditorial review by Morten Andersen · Last reviewed 15 June 2026

Last reviewed 15 June 2026 · Status as of June 2026 · Information, not legal advice

Headline status
Grey area
Polymarket is reachable and Finland has issued no specific ruling, but the Veikkaus monopoly could be read to cover these markets.
As of June 2026
Information, not advice. This page is general information, not financial, legal, tax, or betting advice. Prediction markets carry a real risk of loss. You must be 18 or over, or the legal age in your region.
Quick answer

As of June 2026, Finland has not issued a specific ruling on prediction markets, and Polymarket is currently reachable from Finnish connections. Gambling is still channelled through the Veikkaus state monopoly, and a licensed competitive market is not due to open until 2027, so an unlicensed real money prediction venue sits in a genuine grey area. The monopoly framework could be read to cover these markets, which is why the position is unsettled rather than clearly allowed. Treat it as a dated snapshot that can change as the reform proceeds.

The monopoly and the gap

A state monopoly, and an unfilled gap.

01
Gambling law, the Veikkaus monopoly
Finland channels gambling through the state owned operator Veikkaus. An unlicensed operator offering betting to Finnish residents can fall foul of that monopoly, which is the core reason an unlicensed prediction venue is not clearly lawful.
02
No specific ruling yet
As of June 2026 the National Police Board, which supervises gambling in Finland, has not published a separate position naming Polymarket or its peers. Silence is not the same as approval, and the monopoly rules still sit in the background.
03
Crypto and financial framing
Because Polymarket settles in crypto and can be read as a trading venue rather than a bookmaker, its classification is contested. That ambiguity also feeds uncertainty over how any gains would be taxed.
04
What can change
Finland is moving to a licensed online betting and casino market from 2027, opening the door to international operators. That reform is the most likely moment for the position on prediction markets to be clarified.
Reachable now

Currently accessible

Polymarket · No Finnish ruling, monopoly may apply
Reachable, grey area
Metaculus · No stake forecasting
Reachable
Manifold Markets · Play money only
Reachable
Not clearly available

Unlicensed or absent

Kalshi · No Finnish service
Not offered
Other US venues · Outside the Veikkaus framework
Not licensed

Availability is indicative and as of June 2026. Polymarket being reachable does not settle its legality under the Veikkaus monopoly, which is why we mark it as a grey area rather than available. We do not present a definitive answer where Finland has not given one.

Regulator and sources
Who to check.

Gambling in Finland is supervised by the National Police Board, with the state monopoly Veikkaus as the licensed operator. As of June 2026 neither has issued a specific public ruling naming prediction market platforms.

A licensed competitive market for online betting and casino games is due to open in 2027, which may bring a clearer position. Confirm the live rules with the National Police Board and a qualified Finnish lawyer before acting. We never invent a citation, and where a position is contested we say so.

A note on risk,

Legal does not mean low risk, and a price is an implied probability, not a prediction. Prediction markets can lose you money. Stake only what you can afford to lose, never to chase a loss, and never on borrowed money. If it stops feeling like a free choice, step back and seek support from a national problem gambling helpline or your doctor.

FAQ

Finland, in short.

Are prediction markets legal in Finland?

As of June 2026 Finland has issued no specific ruling, and Polymarket is reachable, but the Veikkaus state monopoly could be read to cover these markets. The position is a genuine grey area rather than clearly legal. This is general information, not legal advice.

Is Polymarket blocked in Finland?

No. As of June 2026 Polymarket is not on the list of countries it blocks, and Finnish users can reach it. Reachability is not the same as a settled legal position under the monopoly framework, so treat it with caution.

Who regulates gambling in Finland?

Gambling is supervised by the National Police Board, with the state owned Veikkaus as the licensed operator. Neither had issued a specific public ruling naming prediction market platforms as of June 2026.

When does Finland open a licensed market?

Finland is moving to a licensed online betting and casino market from 2027, which would let international operators apply. That reform is the most likely point at which the treatment of prediction markets is clarified.

How are prediction market gains taxed in Finland?

The treatment is uncertain because Polymarket combines betting and crypto, and tax may depend on how a transaction is read. This is not tax advice, so confirm your own position with the Finnish Tax Administration or a qualified adviser before relying on any figure.

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How to verify this for Finland

The status above reflects the national framework and the platform positions as we read them in June 2026. These change, so confirm the current rules before you act.

Status as of June 2026. General information, not legal advice.