type government agency industry gambling & casinos founded 1966 headquarters mariehamn land islands finland 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 sunborn casino gibraltar revenue eur 110 million 2015 profit eur 22 7 million 2015 number of employees 345 2015 parent lands penningautomatf rening subsidiaries winga.it paf.es website https www.paf.com lands penningautomatf rening or paf is a finnish company that operates a legal gambling monopoly on the land islands finland . paf also has an internet based gambling and gaming operation in addition to operating and maintaining casino and gaming activities on a large number of cruise ferries . the purpose of paf is to generate funds for humanitarian and social causes on the land islands . paf serves players from countries including finland sweden estonia spain and italy . paf is licensed and controlled by the local land government . an independent allocation board distributes all the paf profit to non profit associations organizations and good causes on the land islands . in 2015 paf distributed a total of 20 7 million euros in different grants and loans . 1 2 social activities 3 260 000 environmental activities 450 000 youth work 385 000 sport 1 575 000 arts and culture activities 1 681 000 leadership contributions 169 000 event contributions 100 000 other contributions 2 125 000 project contributions 790 000 social development and employment 6 555 000 loans and investments geriatric clinic 2 000 0000 other loans 1 610 000 paf s counterpart in mainland finland is the not for profit gambling company ray raha automaattiyhdistys in finnish . disputes over jurisdiction between the two associations are ongoing . paf is going to start a four year research cooperation with the department of psychology at stockholm university . the study focus on setting limits customer contact and feedback on gaming habits . the research project is led by professor of psychology per carlbring and paf is funding the study with 320 000 euros . 3 paf arrange every other year a multi national responsible gaming summit . purpose of the conference is to increase awareness about responsible gaming . the conference is aimed to gaming operators partners academics and decision makers to learn from each other and share best practices . the conference arranged at 29 september 2015 . the first conference was arranged in 2013 . 4 contents 1 history 2 operations 3 awards 4 records 5 references 6 external links history edit paf was founded in 1966 in land . the founding organizations were folkh lsan p land save the children finnish red cross and dagens barn foundation . 5 in 1973 paf started to operate on the sea in car ferries registered to land . in the end of 1990s paf began to provide its services on the internet . 5 in february 2005 paf was sentenced for violation of gambling law for actively promoting its online gambling activities to mainland finland . in december paf was yet again placed under investigation as finland s interior minister kari rajam ki alleged that paf had continued its gambling in finland while ignoring its last sentence . representatives for paf disputes rajam ki s claims and contend paf operate within the boundaries of the law . in 2015 paf expanded to the italian market by acquiring italian 6 online gaming operator winga . 7 paf and sunborn hotel opened sunborn casino in gibraltar in spring 2015 . 8 january 29 2016 paf s board of directors decided to part ways with ceo anders ingves . 9 on may 18 2016 christer fahlstedt was appointed as ceo and will be based at the head office in jomala land islands . 10 operations edit paf operates in eu and uk region with offices in land islands as well as in helsinki stockholm tallinn madrid and milan with sunborn casino in sunborn hotel gibraltar . paf employs around 400 people from some 20 different countries . paf acquired italian gaming operator winga in 2015 . winga is the only operator in italy which allows its customers to play and interact with a channel owned television that broadcasts live part of the offer . winga offers its customers an almost complete including poker bingo the skill games the casino and walking will in fact enriched with sportsbook . where most of these are accessible both from that from mobile tablet . awards edit paf was named the most socially responsible gaming company in the egaming review operator awards in 2014 . 11 records edit according to guinness world records the biggest jackpot in a slot machine game is 17.8 million euros which was won from paf s mega fortune game in 2013 . 12 wikinews has related news police investigates paf in finland references edit paf raises 21 million for the public good in 2014 . news powered by cision . retrieved 2016 01 13 . paf annual report 2014 pdf . retrieved 2016 01 13 . tukholman yliopisto tutkii nettiviestinn n keinoja pelirajojen asettamiseksi . turun sanomat . retrieved october 30 2015 . peliyhti paf investoi 320.000 euroa peliriippuvuuden tutkimukseen . medicine nuntium . retrieved october 30 2015 . a b the history of paf . paf . retrieved september 8 2015 . unibet enters b2b market strikes sports deal with paf . calvin ayre news . retrieved 2016 01 13 . paf expands into italy with winga acquisition . igamingbusiness . retrieved september 8 2015 . paf teams up with sunborn to open new casino in gibraltar . gamingintelligence . retrieved september 8 2015 . land based gaming company paf parts ways with ceo anders ingves . land based gaming company paf parts ways with ceo anders ingves . 28 january 2016 . christer fahlstedt is the new ceo of paf . christer fahlstedt is the new ceo of paf . 18 may 2016 . paf wins award for social responsibility . intergame . retrieved august 24 2015 . largest jackpot payout in an online slot machine game . guinness world records . retrieved august 25 2015 . external links edit company homepage annual report 2015 retrieved from https en.wikipedia.org w index.php title paf company & oldid 736107080 categories gambling companies of finlandeconomy of the land islandsgambling websitesonline gambling companieshidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages espa olsuomisvenska edit links this page was last modified on 25 august 2016 at 06 13 . text is 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