Paf (company)
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Script error: No such module "Lang". (commonly abbreviated Paf) is a gambling operator owned by the Government of Åland, an autonomous region of Finland. The company offers gambling services online, on board cruise ships in the Baltic Sea and North Sea, and through physical slot machines on Åland. Paf distributes its profits to public interest initiatives and operates under Finnish and Ålandic regulations.
History
Paf was founded in 1966 by a group of non-profit organisations in Åland, including Script error: No such module "Lang"., Script error: No such module "Lang". (Save the Children), the Script error: No such module "Lang". (Finnish Red Cross), and the Script error: No such module "Lang". foundation.[1]
The company began operating on Åland-registered ferries in the early 1970s, and launched its first online games in 1999.[1]
In 2015, Paf and Sunborn Hotel opened Casino Sunborn in Gibraltar.[2] The casino was sold to Admiral in 2018.[3]
In 2021, the Supreme Court of Finland sentenced Paf to a community fine of €250,000 in a case concerning negligent money laundering.[4]
In 2024, Paf announced a commitment to achieving net-zero greenhouse gas emissions by 2040, a target validated by the Science Based Targets initiative (SBTi).[5]
Operations
Paf provides gambling services online, on cruise ships, and through physical slot machines located on Åland. The company’s services are available internationally, excluding non-regulated markets.
Responsible gambling initiatives
Paf has introduced several measures related to gambling responsibility. In 2018, the company set an annual loss limit of €30,000 per customer.[6] In 2019, this was lowered to €25,000 permanently.[7] These measures are part of Paf’s approach to social responsibility, in line with its publicly owned status.
The company monitors player behavior and collaborates with researchers at Stockholm University to study problem gambling.[8] It also organizes a biennial Responsible Gaming Summit.[9]
Awards and recognition
- 2014 – Social Responsibility Award, eGaming Review Operator Awards.[10]
- 2017 – Social Responsibility Award, eGaming Review Nordic Awards.
- 2018 – Best Marketing Campaign, eGaming Review Nordics Awards.
- 2018 – Named one of Finland’s 40 most inspiring workplaces by consulting firm Corporate Spirit Ltd.[11]
See also
References
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