Organization
There are nearly 1,200 of us at Veikkaus, top professionals in the gaming industry. We work every day towards a better game across almost 60 locations throughout Finland.
We are a limited company wholly owned by the Finnish state. We became a group in 2022 when our subsidiary, Fennica Gaming, began international operations.
Veikkaus is divided into 8 business units
- Domestic Business – Lottery and Land-Based Gaming
- Domestic Business – Betting & iCasino
- Data Analytics, Customer & Corporate Responsibility Services
- Gaming Technologies, TECH
- People, Brand, Communications & Sponsorship
- Legal, Compliance and Security
- Finance, Strategy and Services
- Stakeholder Relations
Veikkaus' Executive Team
Olli Sarekoski
President and CEO
Velipekka Nummikoski
EVP, Stakeholder Relations
Regina Sippel
CFO
Nora Vähävirta
EVP, Lotteries and Land-Based Gaming
Jarkko Nordlund
EVP, Betting and iGaming
Jonas Reuter
EVP, International Business
Ari Aarnihuhta
EVP, Gaming Technologies Business
Reija Laaksonen
EVP, People, Culture and Communications
Tuomo Puumala
EVP, Data&Analytics, Corporate responsibility and Customer Service
Jyri Lassi
EVP, Legal, Compliance and Security
Executive team members’ salaries, fees and fringe benefits
CEO’s salaries, fees and fringe benefits in 2024:
€523,828.23
Other executive team members’ salaries, fees and fringe benefits in 2024:
€2,416,364.52
Veikkaus' Board of Directors
Kaisa Olkkonen
Chair of the Board
Leena Vainiomäki
Vice Chair of the Board
Minna Pajumaa
Board member
Ossi Lindroos
Board member
Katri Harra
Board member
Martti Ala-Härkönen
Board member
Charles Cohen
Board member
Board fees effective from 1 April 2025
- Chairperson: €4,000 per month
- Vice Chairperson and Chair of the Audit Committee: €2,400 per month
- Member: €2,000 per month
- Meeting fee: €600 per meeting
Supervisory Board
The Supervisory Board’s role is to oversee the company’s governance and responsible gambling operations, as well as to support cooperation between the company and its stakeholders. The Supervisory Board provides the General Meeting with a statement on the financial statements and the auditor’s report, and submits a report to the Prime Minister’s Office on the development of gambling activities and measures related to the prevention of gambling harms. Veikkaus’ Supervisory Board consists of 14 members, including one employee representative.
Members of the Supervisory Board
| Chairperson Ville Skinnari | Social Democratic Parliamentary Group |
| Vice Chairperson Jani Mäkelä | Finns Party Parliamentary Group |
| Marko Asell | Social Democratic Parliamentary Group |
| Fatim Diarra | Green Parliamentary Group |
| Timo Heinonen | National Coalition Party Parliamentary Group |
| Juha Mäenpää | Finns Party Parliamentary Group |
| Mikko Ollikainen | Swedish People’s Party Parliamentary Group |
| Karoliina Partanen | National Coalition Party Parliamentary Group |
| Pinja Perholehto | Social Democratic Parliamentary Group |
| Sari Tanus | Christian Democrats Parliamentary Group |
| Tere Sammallahti | National Coalition Party Parliamentary Group |
| Hanna Kosonen | Centre Party Parliamentary Group |
| Jenna Simula | Finns Party Parliamentary Group |
| Kristiina Lindroos (deputy member Satu Lindström) |
Veikkaus staff representative |
Meeting fees for the Supervisory Board
- Chairperson: €800 per meeting
- Vice Chairperson: €600 per meeting
- Member: €500 per meeting
- No meeting fees are paid to employee representatives or permanent experts.
Fennica Gaming
Fennica Gaming, established in 2022, is our subsidiary that sells games and gaming platforms developed by our own Game Studio to international corporate clients. Through Fennica Gaming, our games are now available in dozens of countries, and customer feedback has been excellent.
Fennica Gaming's Executive Team
Timo Kiiskinen
CEO
Joni Hovi
SVP, Sales & Marketing
Kirsi Lagus
SVP, Portfolio and Product Development
Luai Mahjneh
SVP, Ecosystem and Platform
Vladimir Liubarsky
SVP, Strategy & Planning
Fennica Gaming's Board of Directors
Jonas Reuter (Chair of the Board)
EVP, International Business, Veikkaus
Olli Sarekoski
President and CEO, Veikkaus
Regina Sippel
CFO, Veikkaus