Tagg: #ResponsibleGaming
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
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
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’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
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
Industries we love and hate
Paf arranged a seminar on Wednesday 3 July in Visby in Sweden during Almedalsveckan. The seminar with the title “Industries we love and hate” was held aboard the Åland ship Michael Sars. The title of the seminar refers to the fact that gaming for most people is a popular pastime – while for some oth...
Published: 19 juli 2019
The gaming industry gather on Åland
The gaming industry came to Mariehamn for Spelakademin (The Gambling Academy) on Wednesday 11 September. Spelakademin is Sweden’s most established industry forum that was first held in 1992. This year’s Spelakademin was organised by the gaming industry’s national organisation Sper (The Swedish Gambl...
Published: 13 september 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 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 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
Corona is fast forwarding our industry’s development
The Corona crisis is speeding up underlying trends in our society. We are witnessing a breakthrough in remote medical care, a surge in home delivery services and most of us have probably come to the conclusion that we will do less business travelling even when we are allowed to. Our industry has se...
Published: 25 maj 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
Paf lowers its loss limit even further
Paf is lowering its annual loss limit by another 5,000 euros. The lowering of the loss limit strengthens Paf’s commitment to responsible gaming and secures Paf’s position among the most responsible gaming companies. The Red Cross is supporting Paf’s decision to lower its loss limit. When Paf first ...
Published: 23 september 2020
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’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
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 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
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
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