Tagg: #PressRelease
Finnish woman from Satakunta won €2.9 million on Paf
A young woman from Satakunta won €2,946,407 after betting just 40 cents on the online game Gears of Eternia Dream Drop Megaways on Paf.com. It was late in the evening of 22 August that the jackpot was won. “I didn't think it was real and I thought that the game had crashed when the winnings started...
Published: 27 augusti 2024
Paf.com first international gambling company to introduce loss limit
Paf will be the first international gambling company to introduce a loss limit. The limit will be introduced for all customers on all markets and entails that any customer playing at Paf.com may not lose more than 30,000 euro during one year. Loss limits have thus far only been used by gambling com...
Published: 13 juni 2018
Two legends. One Game.
The race between Thomas Wassberg and Juha Mieto at Lake Placid in 1980 is part of sport folklore. Gold and silver in the 15km were separated by just one hundredth of a second. It’s the closest finish in Olympic cross country skiing history. Paf has brought their rivalry back to life in a new game. ...
Published: 29 november 2018
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Paf acquires two Latvian gaming sites
Paf acquires two Latvian gaming sites, WilliamHill.lv and MrGreen.lv. The acquisition makes Paf the third largest gaming company in the Latvian market. Paf invests in the Latvian gaming market by acquiring two Latvian gaming sites from the gaming company 888 Holding Plc. The acquisition includes 88...
Published: 22 maj 2023
Over €400 million in Paf funds
A successful year makes big dividends of Paf funds possible, with both revenue and profit increasing. Paf continues to invest in responsible gaming measures and the newly published figures for Paf’s customer segments show that the investments are having an effect. Paf has had a good year, the inter...
Published: 14 juni 2023
The grit:lab tech education will continue
Paf’s headquarters will be filled with new students as the tech education grit:lab continues. The application tests will start this winter and admission weeks will be organised in spring 2024. Two years ago, the idea for an innovative tech education named grit:lab was presented, a few months later ...
Published: 04 september 2023
Paf’s partner Finnlines launches new ship
Finnlines new vessel Finnsirius will be launched in September. The ship is a starting point for more passenger traffic onboard Finnlines. Paf will deliver top-class gaming entertainment on board. In September, Finnlines new vessel Finnsirius will embark on its maiden voyage. The vessel is the first...
Published: 15 september 2023
Meet the Sauna Vikings
Paf releases the new game Sauna Vikings. The game has been developed and designed by Paf Games Studio. The game will be available on all Paf gaming sites. Paf has launched a new online game called Sauna Vikings. The new game has been entirely produced in-house by the Paf Games Studio. The game comb...
Published: 12 oktober 2023
Paf and Tallink Grupp sign new multi-year agreement
Paf has signed a new multi-year cooperation agreement with the shipping company Tallink Grupp. The agreement marks the extension of a successful partnership, where Paf will continue to provide gaming entertainment onboard the company’s vessels. “We are pleased to continue our long-standing history ...
Published: 27 november 2023
The Paf Employee 100k Good Cause Initiative
Paf gave all employees the opportunity to donate €100,000, which was distributed among various good causes and initiatives. The employees’ nominations and their final vote determined the choice of causes. Paf’s purpose is to generate funds for the benefit of society, the annual profits are distribu...
Published: 15 december 2023
Paf delivers the gaming experience onboard the new shipping company Gotland Alandia Cruise’s ship M/S Birka Gotland
Paf will deliver the gaming entertainment onboard the M/S Birka Gotland. The cruise ship belongs to the newly founded shipping company Gotland Alandia Cruises. The ship will offer its first cruises in the spring of 2024. The shipping companies Viking Line and Gotlandsbolaget have embarked on a join...
Published: 22 december 2023
Paf recruits students from grit:lab
Paf hires eight students from the grit:lab tech programme. After only 18 months of study, grit:lab can deliver competent developers. The programme is now accepting new applicants. The tech training programme grit:lab is a pioneering training method that was launched in Åland in 2022 by Paf together...
Published: 19 januari 2024
The Game Room company supplies amusement games to shopping centre
Game Room specialises in amusement games in different formats and categories. The company will deliver games to the Redi shopping centre in Helsinki. Game Room is a company that focuses solely on entertainment and amusement games. The company was founded by Paf to resell Paf’s concept of amusement ...
Published: 29 januari 2024
Paf commits to reach Net-Zero by 2040
Paf’s climate goal is to reach Net-Zero emissions for the entire business by 2040. The target has now been validated by the Science Based Targets initiative (SBTi) and it is in line with the Paris Agreement’s goal of limiting global warming to 1.5 °C. Reaching Net-Zero means that Paf is actively wo...
Published: 29 februari 2024
Focus on young people as loss limit is lowered
Paf has decided to further reduce the loss limit for young people. Mandatory loss limits put a stop to excessive gambling. Young people should be prioritised in responsible gaming measures. Mandatory loss limits stop players from losing more money. Paf has decided to lower the loss limit for everyo...
Published: 07 maj 2024
A good year and a step towards more sustainable entertainment
A good year means a good sum of Paf funds for society. Paf’s published customer segments show more sustainable revenue in the past year. The Paf board gets a new member. The Paf Group’s revenue for 2023 increased from €165.7 million to €177.1 million, an increase of 7%. The growth in revenue result...
Published: 23 maj 2024
Paf awarded Swedish Online Gambling Licence
Paf has been granted a Swedish Online Gambling Licence by the Swedish Gambling Authority. The Swedish Gambling Licence is another important step in Paf’s long-term strategy to grow in locally regulated markets. The Swedish Gambling Authority (SGA) approved Paf’s licence application on 20 December 2...
Published: 21 december 2018
Paf adopts Swish for faster customer transactions in Sweden
Paf adopts the popular payment method Swish used by 6.7 million Swedes. In the first month of the newly-regulated Swedish gaming market Paf has adopted what is said to be the fastest payment method available in Sweden. Swish uses mobile telephone numbers to make transfers and is currently used by a...
Published: 15 januari 2019
Paf’s yearly loss limit stops the big players
Paf has openly published its players’ annual wins and losses, a unique initiative in the gaming industry. Paf will go further too – by removing all big players and stopping direct marketing to risk players. Paf has become a pioneer in the gaming industry through its openness. Paf now openly publish...
Published: 15 mars 2019
Paf wins award for Responsible Gaming initiatives in Spain
Paf has been named the most responsible gaming company in Spain. It is the first internet gaming company to win the prize. Paf collected the award at the annual responsible gaming conference in Barcelona. Paf has won an award from Acencas (the Catalan Association of Social Addictions) for its Respo...
Published: 05 april 2019
Fewer high rollers leads to a lower result for Paf
During the 2018 financial year the Åland gaming company Paf made a profit of €24.6 million from a total turnover of €111.8 million. It is proposed that €21 million of this profit will be allocated to Paf’s owner Åland’s regional government to be distributed for the benefit of society. “Our result i...
Published: 13 maj 2019
Paf receives international certificate for high information security management
Paf has received official confirmation that the company has a very high level of information security management by obtaining the ISO standard ISO/IEC 27001:2013. Paf is the first Åland company to receive this internationally recognized certification. “We are delighted to have succeeded in obtainin...
Published: 14 maj 2019
Paf chosen as technology partner by Grand Casino Luzern, as Switzerland releases a handful of online licenses
Paf has been following the regulation of the gaming market in Switzerland for a long time. After an extensive selection process, Paf was chosen as technology partner by Grand Casino Luzern – which received its online licence today. Grand Casino Luzern will open its online casino gaming site mycasin...
Published: 13 juni 2019
Paf developed Spanish celebrity game
Paf has launched a game exclusively for Spain. Inspired by the well-known Spanish cartoon character, Enjuto Mojamuto, the game has been developed and designed by the Paf Games Studio team. The Enjuto Mojamuto game was launched on Pafs Spanish website (Paf.es) in the spring of 2019. The game was dev...
Published: 19 juni 2019
Sweden’s most important gaming seminar to be held on Åland
The Swedish gaming industry’s national organization Sper is arranging a seminar in collaboration with Paf. This autumn Spelakademin will be held on Wednesday 11 September in Mariehamn on Åland. Spelakademin is Sweden’s most widely recognized annual seminar for the gaming industry – with a strong foc...
Published: 26 juni 2019
Mycasino.ch is one of the first gaming sites in Switzerland
Paf was selected earlier as an online partner for Grand Casino Lucerne, thanks in large part to Paf’s good reputation and its technical and operational experience. The Swiss casino behind Mycasino.ch is one of only four land-based casinos that have obtained an online licence in the re-regulated Swis...
Published: 22 augusti 2019
Paf reduces its yearly loss limit
Paf has cut its yearly loss limit by €5,000. Last year Paf became the first international gaming company in the world to introduce a maximum limit for the amount a customer can lose in a year. This loss limit taken in combination with other improved measures in responsible gaming has significantly r...
Published: 03 oktober 2019
Paf aims to improve responsible gaming in Latvia
Paf has signed an agreement together with four other gaming companies to strengthen responsible gaming in Latvia. In the agreement all five gaming operators have agreed to improve their responsible gaming measures beyond the requirements of Latvian gambling law. “Among other things, we will introdu...
Published: 16 oktober 2019
Paf player wins the biggest jackpot ever in Estonia
A young woman from Estonia has won over 3.6 million euros at Paf.com on Wednesday evening, making it the largest gaming win ever in the country. With both Bingo and Viking lotteries on Wednesday evenings, it’s a time when many Estonians are waiting for a life changing win. And so it happened for a ...
Published: 10 januari 2020
Paf wins international award for the best responsible gaming program
Paf has won the prestigious Corporate Responsibility Program of the Year Award. The award was presented at the Global Gaming Awards, organized by the industry magazine Gambling Insider in London. The awards ceremony was organized in conjunction with the well-known international gaming event ICE. ...
Published: 11 februari 2020
A mandatory loss limit is a step in the right direction
Researcher Ekaterina Ivanova has been researching gaming responsibility for the past four years at Stockholm University in a research project funded by Paf. The research has focused on gambling, gaming limits, gaming behaviour, attitudes towards gaming tools and the likelihood of predicting gamblin...
Published: 17 februari 2020
Paf acquires Swedish licensed gaming company Mandalorian Technologies
Paf acquires the Swedish licensed gaming company Mandalorian Technologies. Mandalorian runs the gaming sites No Account Casino, No Account Bet and Prank Casino. With the acquisition Paf will become one of the ten largest gaming companies in Sweden. “We have been following Mandalorian Technologies c...
Published: 06 mars 2020
Paf is a finalist in two categories at the Swedish Gambling Awards
Paf has been nominated for two awards at the Swedish Gambling Awards. Out of 40 applicants, 11 went on to be finalists in the three categories of sustainability, customer satisfaction and leadership. Paf has been nominated in the sustainability category for its reduced mandatory loss limit combined ...
Published: 11 mars 2020
Paf buys bikes for Åland United
Paf has been one of Åland United’s biggest sponsors for many years. The team plays in the highest Finnish National League and the team has been crowned champions twice. Ahead of this new season, Paf has chosen to sponsor the team with 15 new bicycles. “Åland is a little island and with the bikes we...
Published: 31 mars 2020
Extra big dividend from Paf to help society
Paf is providing a larger dividend of 40 million euros this year. The money will be used to alleviate the negative effects of the coronavirus. Paf’s customer segments for 2019 show that the number of big players has decreased by 67%. The profit generated by the Åland gaming company Paf during the f...
Published: 17 april 2020
Paf Låttå – a jackpot lottery for Åland
The first tickets for Paf Låttå go on sale in the first week of June 2020. Paf Låttå is a jackpot lottery game with its roots in Åland. Like other popular lotteries Paf Låttå has a progressive jackpot and live draws every week. “We offer a jackpot starting at €10,000. Although the jackpot begins at...
Published: 01 juni 2020
Paf named Sweden’s most sustainable gaming company
Paf has been named Sweden’s most responsible gaming company. Paf won the prize in the Sustainability category at the Swedish Gambling Awards. Paf Deputy CEO Daniela Johansson was also the winner in the Leadership category. From 40 submissions 11 finalists were selected in three award categories at ...
Published: 11 juni 2020
Basketball legend Kaspars Kambala in new Paf collaboration
Basketball legend Kaspars Kambala is one of the biggest sports stars in Latvia. He is best known for his long career in basketball. Among his many achievements, he shares the points record for a single Europaleague match of 41 points. He has also been a professional boxer and co-written the bestsell...
Published: 11 augusti 2020
Paf named best online casino in the Baltics
Paf has been named the Baltics’ Best Online Casino 2020. The award was presented at the Baltic and Scandinavian Gaming Awards at the annual Mare Balticum Gaming Summit in Tallinn. “We are very happy to win this award. We have an excellent gaming site for our customers and it’s cool that others have...
Published: 14 augusti 2020
Lasse Åberg donates money to the Baltic Sea Fund
The Baltic Sea Fund is the recipient when Lasse Åberg donates money from the Sällskapsresan game, a game that has been developed by Paf in collaboration with Lasse Åberg. Now the sequel Snowroller is launched, a game based on the movie Sällskapsresan II Snowroller. The Baltic Sea Fund is a foundati...
Published: 26 november 2020
Swedish man won over 11 million kronor
A Swedish man from Östergötland won a jackpot of SEK 11,362,785 when he played on Paf.se. He won the jackpot on a slot machine with a bet of only SEK 5. When we called our big winner, he was overjoyed with the win and told us a little bit about what he plans to do with the money. “I thought it was...
Published: 13 mars 2021
Paf believes €8,000 per year is the benchmark for loss limits in Europe
CEO Christer Fahlstedt talks openly about refusing to take “blood money” revenue from at-risk players despite it doing obvious damage to the company’s bottom line. “We think you’re unlikely to be allowed to lose more than €8,000 per year. That’s what we see as the benchmark,” he says. One of Paf’s ...
Published: 01 april 2021
Paf’s results, open customer segments and lowered loss limit
2020 was an extreme year in so many ways. Large sections of Paf’s operations were shut down during some periods of the year or they operated with severe restrictions. Paf implemented a lower loss limit at the beginning of the year that also affected the result. Despite the financially strained situa...
Published: 28 maj 2021
Paf celebrates Åland 100 years with a new scratch card
Paf launches a new scratch card on Åland to draw attention to the fact that Åland is celebrating 100 years. The scratch card will have the highest jackpot that Paf has had on a scratch card to date, 15,000 euros. The scratch card will be called Ålandslåtten and have an Åland-inspired design with gra...
Published: 07 juni 2021
Paf’s cloud tech is now ISO certified
Paf is the first gaming company in the world to get the ISO 27017 certification, which means that the company’s cloud technology is ISO certified. The certification is the highest excellence available for security and safety in regards to cloud technology. “Extending our ISMS into ISO 27017 was a n...
Published: 08 juli 2021
Paf acquires two Swedish licensed companies
Paf is acquiring the two Swedish licensed gaming companies Speedy Ltd and Speedy Originals from Hero Gaming. The companies run the gaming sites Speedy Casino, Speedybet and Speedyspel. With the purchase, Paf will become one of the six largest gaming companies in Sweden. “We want to grow in Sweden a...
Published: 02 augusti 2021
grit:lab – pioneering tech education at Paf’s headquarters
The Åland Government has given Paf the task of starting up and running a tech education for 50 talented software developers. The education is carried out completely without teachers and classes, where the student’s own ability to develop is in focus. grit:lab is a new and alternative IT education t...
Published: 02 september 2021
Remote working is part of the future at Paf
Paf has implemented guidelines that give employees more opportunities to continue working remotely, even after the pandemic’s restrictions are removed. Employees also have the opportunity to work abroad for up to three months each year. A sustainable workplace is one of the three sustainability are...
Published: 16 september 2021
A successful gaming export to Switzerland
For two years Paf has served as Swiss Grand Casino Luzern’s strategic online partner. The gaming site Mycasino.ch, which is owned by the Swiss casino, is today the most successful gaming site in the regulated Swiss market, with a market share of about 30%. The collaboration has proven to be a very s...
Published: 05 oktober 2021
New set-up for trotting betting on Åland
Paf will offer trotting betting on Åland through a completely new approach in the future. Paf has entered into new agreements with both ATG and the service provider Betmakers. Betmakers is one of the world’s largest suppliers of betting on horses and the collaboration with Swedish ATG has been re-wr...
Published: 24 november 2021
grit:lab is open for applicants
Expectations are high for the new tech education that grit:lab offers. Paf and eleven other companies have already signed-up as partners for grit:lab, which is now opening the first step in the application process. Only a few months after the news about grit:lab was launched, all interested people ...
Published: 01 december 2021
Lasse Åberg donates 15,000 euros to the Baltic Sea Fund
Thanks to the two popular internet games that Paf has developed – inspired by the cult films Sällskapsresan and Snowroller – Lasse Åberg now chooses to donate a significant part of his royalty to the Baltic Sea Fund. “I do not like to swim in cyano algae,” says Lasse Åberg who wants to highlight th...
Published: 14 december 2021
300,000 euros to Ukraine
Paf and the Government of Åland chooses to urgently donate 300,000 euros in humanitarian aid to Ukraine. The money will go to support the international relief work carried out by the UNHCR and the Finnish Red Cross in Ukraine. “What is happening in Ukraine is really terrible and it affects us all. ...
Published: 03 mars 2022
New game released by the Paf Games Studio
Paf has released a new game called Building Blocks. The game has been created and developed in-house by the Paf Games Studio. The game looks and feels really different from what has been seen in the industry before. “This game is unique in its style and design as the graphics are done in voxels, so...
Published: 27 april 2022
Paf acquires its long-time bingo supplier Proactive Gaming
Paf invests in product portfolio development through the purchase of its bingo supplier Proactive Gaming Scandinavia AB. The acquisition is a continuation of a successful collaboration between Paf (Ålands Penningautomatförening) and Swedish gaming technology company Proactive Gaming Scandinavia AB....
Published: 02 oktober 2018
Paf’s international endeavors pave the way for a strong result
Paf reports a strong result for 2021 despite the ongoing pandemic negatively affecting Land & Ship operations. The result amounts to €34.3 million (€16.7 million in 2020). The trend is driven by Paf’s international success, where among other things the continued strong growth in Switzerland proved t...
Published: 19 maj 2022
Ålandslåtten – Paf’s celebration of Åland 100 years
During the past year there has been an ongoing celebration for Åland’s 100th year of autonomy. Paf has chosen to participate in the festivities by launching Ålandslåtten. It’s an Åland-inspired scratchcard which was made in collaboration with the local government. The purpose of the scratchcard is ...
Published: 08 juni 2022
New contract signed with Finnlines
Paf has signed an agreement with Finnlines regarding their two new ships. Paf will deliver the onboard entertainment for both vessels Finnsirius and Finncanopus. The new ships will start operating in 2023. Paf has been a long time partner with Finnlines and the partnership has now been extended to ...
Published: 21 juni 2022
grit:lab expands to 70 seats
The interest in the new tech education that grit:lab offers has been great. Pafs has therefore chosen to increase the number of study seats available to 70. The new tech education, grit:lab, will start up for real at the end of August. The two-year education was intended for 50 students, but now Pa...
Published: 23 juni 2022
Paf arranges gaming policy discussion in Almedalen
Paf will organize a gaming policy discussion in Almedalen going by the headline “The industry we love to hate”. The discussion will look back at how the reregulation turned out and discuss together with Members of the Parliament their views on the current issues facing the gaming industry. Almedals...
Published: 01 juli 2022
Ban gambling advertising and raise the taxes
Paf presented its own proposal for a gaming policy program in Sweden. Raising the gambling tax, banning large parts of the gambling advertising and stopping the exposure of gambling adverts in connection with sports are some of the points in the program. Paf participated in the annual event Almedal...
Published: 08 juli 2022
Paf’s headquarter became a tech campus
The tech education named grit:lab has started. 70 students will for two years study the latest in tech. The campus is located inside Paf’s headquarters on Åland. The grit:lab tech education has now started for real, for the 70 students who have been admitted. For the kickoff, all students gathered ...
Published: 01 september 2022
Paf introduces lowered loss limit for young people
Paf has implemented a lower mandatory loss limit for young people. The reduction is implemented to strengthen the responsible gaming measures for all young people who play at Paf. Paf is the only international gaming company that has introduced an annual mandatory loss limit that applies to all onl...
Published: 03 oktober 2022
The winner will fix his car with the prize money
Paf arranged the live poker tournament Destination Poker November 25-27 in Mariehamn on Åland. 60 players participated in the poker tournament’s main event with a 30,000 euro prize pot and on Saturday evening the winner could be crowned. “This is my first big win in a live tournament. It feels very...
Published: 29 november 2022
New long-term agreement signed with Color Line
Paf has signed a new agreement with the Norwegian shipping company Color Line. Paf will provide the gaming entertainment on board the shipping company’s five passenger ships. Paf has been a partner for the Norwegian shipping company Color Line. Paf provides the gaming entertainment on board the shi...
Published: 22 december 2022
Paf won two awards at the EGR Nordics Awards
Paf was awarded the Safer Gambling Operator award and the award for the best Diversity & Inclusion model at the EGR Nordics Awards 2023. The EGR Nordics Awards celebrates the most successful and innovative gaming companies operating in the Nordic region. Paf was shortlisted in two categories at the...
Published: 27 februari 2023
Woman from Finland wins €3,8 million
A Finnish woman from the Helsinki region won €3,819,709.36 at Paf.com on Monday evening the 27th of February. She won the jackpot while playing the online game Mega Fortune Dreams with a bet of €4.00. “I still can’t quite believe this has happened, it feels surreal and amazing. Just waiting for it ...
Published: 01 mars 2023
Significant investment in responsible gaming
Paf has once again chosen to lower the mandatory loss limit. At the same time, Paf is introducing a new loss limit for young people aged 18–19. The measures are estimated to cost about 7 million euros annually. Paf is lowering the annual mandatory loss limit from 20,000 euros to 17,500 euros, which...
Published: 13 april 2023
Paf extends cooperation with Eckerö Linjen
Paf and Eckerö Linjen signed a new multi-year agreement. The agreement will give Eckerö Linjen a completely new and updated onboard gaming experience. Paf and Eckerö Linjen have worked closely together for many years. Paf produces and delivers the gaming entertainment for the passengership MS Ecker...
Published: 10 maj 2023
Kennet Andersson minns VM -94 i Pafs VM-kampanj
Det åländska spelbolaget Paf rullar nu ut sin VM-kampanj i samarbete med fotbollslegenden Kennet Andersson. Kampanjen bygger på nostalgi och känslor och fokus ligger på Sveriges bronsturnering i USA för 24 år sedan. Ett antal reklamfilmer och Native-filmer har producerats, i vilka Kennet minns VM 1...
Published: 10 maj 2018
€2.7m jackpot winner at Paf.com
The Finnish woman who won €2.7 million on the site 21 June received a nice surprise as she was told on Friday 29 June that she had at the same time won an additional €350,000 due to the NetEnt Mega Million campaign. A Finnish player at Paf.com won the €2.701.379,07 mega jackpot in the Hall of Gods ...
Published: 29 juni 2018