Ålands Penningautomatförening, more commonly known as Paf, is the most famous gambling company that’s based on Åland. It was founded in 1966 as a charity organization, in 1973 the company started operating on car ferries and by the end of the 1990s, Paf expanded to the internet with their online gambling site. The company employs over 400 people from more than 20 countries.
Paf is known as one of the most charitable gambling companies as they continuously generate funds for social causes related to Åland Islands.
In addition to other markets, just recently in mid-2018 PAF launched Pafbet, a casino in Latvia. Even before launch, they have started marketing themselves in Latvia by being the name sponsor of local hockey league Latvijas Hokeja Liga, ie. Pafbet LHL.
Paf’s gambling services include slot machines, video poker, table games, live-casino, bingo, poker, and sports betting with an extra functionality called Fantasy Sports.
Paf’s member club is known as Club Paf. Contrary to many online casinos, the gambling company doesn’t have an exclusive VIP members club. Every person owning an account in the Paf casino can join Club Paf. The club’s members often travel together as the casino organizes various trips for their members.
To support responsible gambling principles, the casino utilizes various safety measures, including Paf’s gambling insurance which covers gambling addiction therapy sessions in the value of up to 2300 euros.
Paf organizes a multi-national Responsible Gambling Summit every other year to increase the society’s awareness and urge operators and decision makers to use the best responsible gambling practices. Other Finnish gambling companies have urged for PAF merger into them, but so far PAF has refused.
Paf has started various research projects on related topics. In 2015, the casino started a research project in collaboration with the University of Stockholm to study gambling activities better. Prior to that, the casino concluded a research project on the topic of utilizing medical help in the case of a gambling addiction.
Paf casino has been the home of several big online casino wins. In January 2017, a player won over 3,5 million euros. In 2013, a new online slot world record was set in Paf as one player one over 17 million euros.
The casino is also creating their own games via their game studio called Paf Game Studio which was created in 1999. The studio has created 76 games that are available exclusively in the Paf casino. Apart from their own games, Paf collaborates with household names such as Microgaming and Net Entertainment. Paf’s live casino is powered by Evolution Gaming. The casino is also certified by eCOGRA (eCommerce Online Gaming Regulation and Assurance).