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Raha-automaattiyhdistys (RAY)
(Finland’s Slot Machine Association)
Address: Turuntie 42, P.O. Box 32, FIN-02650 Espoo
Internet: http://www.ray.fi/inenglish/index.php
Phone: +358 9 437 01
Fax: +358 9 4370 2458
Population: 5 million
Managing Director: Sinikka Mönkäre
Jurisdiction: Finland

Raha-automaattiyhdistys (Finland’s Slot Machine Association), which is generally referred to as RAY, was established in 1938 to raise funds through gaming operations to support Finnish health and welfare organizations.
RAY has an exclusive right in Finland to operate slot machines and casino table games, and to run a casino. RAY’s activities are based on four values: reliability, efficiency, customer-orientation, and respect for the individual.

Company News 2010

Finland’s Slot Machine Association Announce Online License Agreement With Playtech
HELSINKI, Finland (May 20, 2010) - Finland’s Slot Machine Association, Raha-automaattiyhdistys (‘RAY’) announce that it has signed a licence agreement for an online offering of internet gaming with Playtech The licence agreement was awarded after a formal tender process conducted by RAY...................Subscribers

Gaming Industry In Finland Is Changing Rapidly
FINLAND (March 26, 2010) – Reports the online gaming industry in Finland is changing rapidly. The news service said that according to a new report, online gambling games are becoming widespread, with the border between gambling and digital entertainment becoming increasingly blurred................................... Subscribers

RAY Brings in EUR 650 Million in 2009
HELSINKI, Finland (February 11, 2010) - The total revenue of the RAY (Finnish Slot Machine Association) in 2009 was EUR 650.8 million, which was EUR 8.7 million less than in the previous year (- 1.3 %). This drop in revenue was due to the general economic recession, which affected gaming particularly in restaurants and at Grand Casino Helsinki..........................Subscribers

Government Validates Licence for Gaming Machine Association RAY’s Internet Games
HELSINKI, Finland - RAY now has an opportunity to launch a national, reliable, and versatile Internet gaming site in the casino branch. The project that was started last year is now moving ahead steadily according to the state’s wishes, says Janne Peräkylä, Executive Director of gaming operations....................Subscribers

Company News 2009

Slot Machine Association’s (RAY) Jackpot Goes to Associations For the Disabled
RAY is granting a total of MEUR 278.2 of funding to health and social welfare organisations next year. The funding is being used to support social contributions, information and guidance as well as peer activities and voluntary work, among other things.......................Subscribers

Finland’s Slot Machine Association Report Gaming Revenue Declines Slightly
Economic recession calls for focus on the future
FINLAND (August 20, 2008) -- In the first half of 2009, RAY’s total gaming revenue amounted to EUR 318 million, a decrease of EUR six million, or 1.8 per cent, from the corresponding period last year...................Subscribers

Finnish Lotteries Act Project's Final Report Ready
VANTAA, Finland (May 11, 2009) -- The steering group of the Finnish Lotteries Act project delivered its final report to the Finnish Minister of the Interior Anne Holmlund on Tuesday 28 April. The final report proposes that the gaming system that has been prevalent in Finland for decades should be laid down by the Lotteries Act....................Subscribers

Finland's Gaming Policy Becomes Clearer
FINLAND (April 28, 2009) -- The implementation of the measures presented in the report of the steering group chaired by Secretary of State Ilkka Oksala will clarify and strengthen the Finnish gaming system.....................Subscribers

Finland’s Slot Machine Association to Launch Online Poker This Year -Wallin
FINLAND (March 30, 2009) -- Stefan Wallin (spp), the Finnish culture and sport minister, was quoted as saying by national daily ‘Helsingin Sanomat’ on Sunday he was confident that Raha-automaattiyhdistys (RAY), Finland’s Slot Machine Association, the Finnish government's gaming monopoly, would launch an online poker site by the end of the year.................Subscribers

Game Monitor Helps Players to Control Their Gaming
FINLAND (March 8, 2009) -- Raha-automaattiyhdistys (RAY) offers its customers a way of monitoring the amount of time and money they spend playing, so they are in a position to make conscious decisions about their own gaming....................Subscribers

Finland’s Slot Machine Association Increases Maximum Wins on Slot Machines
FINLAND (march 8, 2009) -- Raha-automaattiyhdistys (RAY) is increasing the maximum wins on its slot machines. Machines located in business premises, such as shops and kiosks, will have their maximum wins increased from €20 to €50, in bars and clubs the increase will be from €40 to €75 and in RAY’s own arcades from..............Subscribers

Proposed Changes to Finnish Lotteries Act Raise European Commission Concerns Even Further
BRUSSELS, Belgium (February 12, 2009) -- The European Gaming and Betting Association (EGBA) welcomes the European Commission’s decision to issue formal Comments (1) against the proposed changes to the Finnish lotteries act. These changes, if implemented, would................Subscribers

Finland’s Slot Machine Association Achieved Its Targets in 2008
FINLAND (February 17, 2009) -- RAY’s gaming revenue and turnover were both up by 1% when compared with the previous year, which is in line with RAY’s target for moderate growth.................Subscribers

Company News 2008

Finland’s Slot Machine Association Focuses on Voluntary Work and Peer Support
FINLAND (December 18, 2008) -- Next year Raha-Automaattiyhdistys' (RAY) Board of Administration is proposing to distribute a total of EUR 302.5 million in funding to 1 004 applicants for 1 893 activities and projects...............Subscribers

Hannu Salokorpi Appointed Deputy Managing Director of Finland’s Slot Machine Association (RAY)
FINLAND (October 7, 2008) -- RAY’s Board of Administration has appointed Hannu Salokorpi, Director, to the position of Deputy Managing Director and Vice Chairman of the Executive Committee, with effect from 1.4.2009...............Subscribers

Pauliina Raento Appointed Research Director of the Finnish Gaming Research Foundation
FINLAND (October 7, 2008) -- Pauliina Raento has been appointed Research Director of the Finnish Gaming Research Foundation. Raento is Professor of Human Geography at the University of Helsinki...............Subscribers

Finland Slot Machine Association’s New Gold Dust Gaming Club Opens In Flamingo Complex
FINLAND (September 2, 2008) -- Creating a modern blend of international gaming ambiance and a club environment, the new venue features numerous Finnish and foreign slot machines as well as.................Subscribers

Slot Machine Association Reports Profits of Nearly €200 Million in 1H
FINLAND (August 20, 2008) -- The first half of 2008 passed in accordance with the goal of moderate growth set for Finland’s Slot Machine Association (RAY). RAY’s profits in the first half amounted to 198.9 million euros (197.7 million euros in 2007), a total of a 0.6% increase over the corresponding period last year.............Subscribers

Minister Against Removing Slot Machines
FINLAND (July 25, 2008) -- Finnish regional daily Kaleva on Friday quoted Liisa Hyssälä, the Finnish social affairs and health minister, as saying that she was against the idea of reducing the number of slot machines in shops and kiosks...............Subscribers

Finland’s President and Government Ministers at the SuomiAreena
FINLAND (July 7, 2008) -- Raha-automaattiyhdistys (Finland’s Slot Machine Association), which is generally referred to as RAY, is one of the main organisers of the Pori Jazz festival at the SuomiAreena in July, and will be present at the festival from Wednesday to Friday, 16–18 July................Subscribers

18-yr Age Limit for Gambling Machines
FINLAND (June 19, 2008) -- On Thursday the government agreed on a bill to amend current gambling legislation to protect the under aged. The bill would...............Subscribers

RAY Road Show This Summer, Eleven Events All Over Finland
FINLAND (June - 2008) -- RAY, Finland’s Slot Machine Association, began operations on 1 April 1938. To celebrate its 70th anniversary, RAY will be making appearances at a number of events this summer all over Finland....................Subscribers

Finland’s Slot Machine Association Appoints New Director of Gaming Operations
FINLAND (June 6, 2008) – RAY’s (Finland’s Slot Machine Association) Board of Administration has appointed Janne Peräkylä, M.A. (Soc Sci), as RAY’s new Director of Gaming Operations...............Subscribers

Slot Machine Association Ensures It Is Ready To Offer Online Gaming
FINLAND (June 6, 2008) – Raha-automaattiyhdistys (Finland’s Slot Machine Association), which is generally referred to as RAY, is prepared to launch online games if this is the outcome of the on-going revision of the Lottery Act...............Subscribers

Players Can Now Pay By Smart Card
TURUNTIE, Finland (May 26, 2008) -- RAY’s Leppävaara Täyspotti arcade in Espoo ushered in a new era on 21 May with the introduction of a Jokeripokeri machine that can be played without coins...............Subscribers

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