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Native name | Ålands Penningautomatförening |
|---|---|
| Company type | Government agency |
| Industry | Gambling & Casinos |
| Founded | 1966 |
| Headquarters | Mariehamn, , |
Area served | Worldwide except Non-Regulated Countries |
Key people | Christer Fahlstedt CEO |
| Products | Slots, bingo, casino, poker, betting online, live betting, lotteries |
| Services | Online Gambling, Physical Slots in Baltic region, Club Paf Casino, Poker |
| Revenue | €113 million (2020) |
| EUR 17.4 million (2020) | |
Number of employees | 342 (2020) |
| Parent | Ålands Penningautomatförening |
| Subsidiaries | paf.es |
| Website | www |
Ålands Penningautomatförening or Paf is a money gambling operator based on Åland in Finland and owned by the regional government.
Paf offers games on the internet and on board cruise ships in the Baltic and the North Sea. The company also has physical gaming activities on Åland. Paf's mission is to generate funds for the public community on Åland. Every year, around €20 million in Paf funds are distributed by the Government of Åland to a range of projects within health, culture, education and sustainability. Paf has customers in Finland, Sweden, Estonia, Spain and Latvia and is licensed and controlled by the local Åland government.
An independent allocation board distributes Paf's profit to non-profit associations, individuals and organizations that support the local community on Åland. In 2020, the allocation board distributed a total of €15 million in Paf funds to public good in the form of grants.[1][2]
- Social activities: €3,500,000
- Environmental activities: €600,000
- Youth work: €612,000
- Sport: €1,780,000
- Arts and culture activities: €2,349,000
- Leadership grants: €27,000
- Event grants: €200,000
- Other operations grants: €3,000,000
- Investment grants: €2,902,000
- Integration: €30,000
Paf is a global leader within responsible gaming. In 2018, Paf became the first money gaming company in the international market to set a loss limit for its customers. The new limit, designed to curb problem gambling, stipulates that no customer can lose more than €30,000 annually by playing at Paf. The company's other responsible gaming initiatives include prize-winning innovations for regular follow-ups of customers' gaming habits and collaboration with Richard David Court of the Department of Psychology at Stockholm University within responsible gaming research.[3]
Paf also arranges a biennial Responsible Gaming Summit[4] to provide an international platform for increasing awareness regarding responsible gaming. The conference attracts gaming operators, partners, academics and decision makers to raise awareness, create transparency between stakeholders and share best practices.[5]
- ^ "Paf raises €21 million for the public good in 2014". News Powered by Cision. Retrieved 2016-01-13.
- ^ "Paf Annual Report 2014" (PDF). Archived from the original (PDF) on 2016-03-04. Retrieved 2016-01-13.
- ^ "Tukholman yliopisto tutkii nettiviestinnän keinoja pelirajojen asettamiseksi". Turun Sanomat. Retrieved October 30, 2015.
- ^ "Responsible Gaming Summit". www.paf.com (in Finnish). Retrieved 3 January 2021.
- ^ "Peliyhtiö Paf investoi 320.000 euroa peliriippuvuuden tutkimukseen". Medicine Nuntium. Archived from the original on September 30, 2015. Retrieved October 30, 2015.