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 1 January 2019.
Paf is a well-established name in Sweden and has campaigned for the regulation of the Swedish gambling market for many years. The Åland-based company has operated licensed gambling on cruise ferries in Swedish waters since 1974. The new online licence follows an extensive application process and is Paf Group’s 5th online licence for a locally regulated market.
“As a Swedish CEO of a genuinely Nordic gaming company I am proud and excited. Gambling regulation will put all the operators in Sweden on equal terms. This licence will reward our deep commitment to customer care and our strong local knowledge. Paf excels at the sort of sustainable growth a regulated market demands,” says Paf CEO Christer Fahlstedt.
Published: 21 december 2018
News with same tag
Kimi Räikkönen teams up with Paf
Paf has signed a multi-year partnership with Formula 1 World Champion Kimi Räikkönen. The excitement was high when Kimi Räikkönen showed up at Paf’s head office in Mariehamn.
Published: 07 maj 2025
Paf's comprehensive carbon accounting report
Paf's climate impact decreased from 2023 to 2024. Paf has conducted a comprehensive review of the environmental effects of its operations. The calculation is an important part of Paf's goal to reach Net-Zero by 2040.
Published: 23 april 2025
Paf lowers the loss limit
Paf decides to lower the yearly mandatory loss limit that applies to all customers. At the same time, the loss limit for young customers aged 20-24 is also lowered.
Published: 04 mars 2025