Finland's Slot Machine Association or RAY (Finnish: Raha-automaattiyhdistys) was a government-supervised and -owned nonprofit gaming (gambling) association (statutory corporation) in Finland. On January 1, 2017, RAY merged with the government-supervised and owned nonprofit betting agency Veikkaus and Fintoto. The new company that was founded as a result is also called "Veikkaus". RAY was a gambling monopoly whose proceedings went to domestic charity such as pensioner care and gambling addiction treatment. While RAY was best known for its slot machines, the company also dealt in online gambling and controlled the only official casino in Finland, Casino Helsinki.RAY's operations were governed by legislation and decrees. The operations of the other Finnish gamin… more »
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