Latest news
Latest news
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 is 16% lower and this is entirely due to…
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 Responsible Gaming achievements at their annual responsible gaming conference in Barcelona…
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 publishes its figures for the wins and losses for all…
Paf invests in sustainability, alongside several other large companies
The network bärkraft.ax coordinates the delivery of Åland’s development and sustainability agenda. Last year a coaching role was created in order to strengthen the work with implementing the agenda. The coach guides and supports organisations, companies, regions, associations and authorities who want to contribute to a more sustainable society. This role was introduced one year ago and now the Åland-based…
We welcome Andreas Remmer to the Paf Board
Paf's new board member is Andreas Remmer, former deputy CEO and CFO of Viking Line. Remmer is very experienced and has sat on several other prominent boards. “I look forward to working with Paf's Board and a management team that works with cutting-edge expertise in their area. For my own part, this post came at the right time and it…
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 around 6.7 million Swedes and 180,000 business. Paf CEO Christer Fahlstedt…
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 2018. Paf’s licence for online gambling and betting in the newly regulated Swedish market is effective from…
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. Legendary sporting rivalry reignited in…