Paf Slots
Paf also arranges a biennial Responsible Gaming Summit 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. The simplicity of Fruit Slot by PAF will deter some punters, especially those who want to place higher bets. However for others, especially those new to playing online slots, this provides a great basic.
| Ålands Penningautomatförening | |
| Type | Government agency |
|---|---|
| Industry | Gambling & Casinos |
| Founded | 1966 |
| Headquarters | Mariehamn, , |
Area served | Worldwide except Non-Regulated Countries |
| 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 | €116.5 million (2017) |
| EUR 27.6 million (2017) | |
| 400 (2017) | |
| Parent | Ålands Penningautomatförening |
| Subsidiaries | paf.es |
| Website | www.paf.com |
Ålands Penningautomatförening or Paf is a money gambling operator based on the Åland Islands 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 the Åland Islands. Every year, around €20 million in Paf funds are distributed by the Åland regional government 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 the Åland Islands. In 2017, the allocation board distributed a total of €15.8 million in Paf funds to public good in the form of grants and loans.[1][2]
- Social activities: €3,267,000
- Environmental activities: €450,000
- Youth work: €482,000
- Sport: €1,640,000
- Arts and culture activities: €1,788,000
- Leadership grants: €95,000
- Event grants: €100,000
- Other operations grants: €2,400,000
- Investment grants: €1,000,000
- Integration: €40,000
- Loans: 3,738,000
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 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]
History[edit]
Paf was founded in 1966 for fundraising on Åland by non-profit organizations Folkhälsan på Åland, Rädda Barnen (Save the Children), Röda Korset (Finnish Red Cross) and the Dagens Barn foundation for children.[6]
In the early 1970s, Paf started to operate aboard car ferries registered on Åland. In 1999, Paf launched its first online games.[6]
Since Paf is owned by the regional government of Åland and its profit is distributed to the public good, it is paramount that company operations are administered in a socially responsible way. Therefore, Paf decided to implement an annual loss limit for any customer playing at Paf. The limit entails that a single customer playing at Paf may not lose more than €25,000 annually.[7]
Paf and Sunborn Hotel opened Casino Sunborn in Gibraltar in spring 2015.[8] It was sold to its competitor Admiral in July 2018.[9]
Awards[edit]
In 2014, Paf was named the most socially responsible gaming company in the eGaming Review Operator Awards.[10]
In 2017, Paf was again awarded the prize for the most socially responsible gaming company in the eGaming Review Nordic Awards.
In 2018, Paf was awarded the prize for Best Marketing Campaign in the eGaming Review Nordics Awards.
In 2018, Paf was chosen as one of the 40 most inspiring working places in Finland by Corporate Spirit Ltd.[11]
| Wikinews has related news: |
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 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.
- ^ ab'The history of Paf'. Paf. Retrieved September 8, 2015.
- ^'FOX secures removal from FTSE Russell gambling exclusion list'. Gaming Intelligence. 6 December 2019. Retrieved 3 January 2021.
- ^'Casino Sunborn License Granted - Essential Marbella Magazine'. Retrieved 3 January 2021.
- ^'Sunborn and Casino Admiral join forces on new venture'. Chronicle.gi. Retrieved 3 January 2021.
- ^'Paf wins award for social responsibility'. Intergame. Retrieved August 24, 2015.
- ^'Paf is one of the most inspiring workplaces in Finland - wins 'Most Improved' prize'. News Powered by Cision. Retrieved 3 January 2021.
External links[edit]
Different countries have their own take on how the online gaming industry should be regulated, and many countries in Europe have created monopolies for government-run casino operations. Finland is one of these countries, and while there really is nothing stopping Finnish players from playing at sites not licensed by the government, the hope is that residents will feel a level of comfort and safety from playing with a site that they know is fully regulated. Let’s look at PAF, how they came to be a software developer as well as an operator, and some of its more popular slots titles.
Pa Slot Tax Rate
A Brief History of PAF
PAF, which stands for Ålands Penningautomatförening, is the gambling monopoly on the Aland Islands off the coast of Finland. On top of operating a land-based gaming empire, the company also has an online casino arm which allows players to play from the comfort of their own homes. The goal fo this gaming company is to provide cash to social services that help the residents of the Aland Islands, and this is where all the gambling proceeds are allocated.
PAF was launched in the 1960s and was in the land-based space for decades before it added online games in the late 1990s. The company has licensed games from other software vendors but has also built its own suite of casino games for additional content. The benefit of having built its own games is that PAF doesn’t have to pay any royalties on the revenue generated from these games.
Today, PAF has offices in many European cities and has offered games to players in other countries on top of the Aland Islands. It was recognized for its charitable efforts by being named the Most Socially Responsible Gaming Company by eGaming Review in 2014.
Paf Slots Online
Recommended PAF Casino Sites
Top Three PAF Slots Games
Le Petit Patisserie
You really can’t go wrong with a slot machine that features a game board full of delicious looking treats. That is exactly what you will find with this French bakery-themed game from PAF. This is a 5 reel, 15 pay line slot, which may not give you as many winning options as other slot machines, but more than makes up for it with the progressive jackpot. When you are playing this game, you are looking to match 3 or more of the dessert symbols to walk away from a winner, but if you manage to get 5 chocolate covered strawberries across the reels, then you will take home the jackpot which has been hovering around 40,000 Euro at the time of this review. We like the sounds that are in this game that complement the whimsical graphics.
Beach Party
Pack your sunblock and your swimwear as PAF takes you on an adventure to the beach with this sand-themed game. Symbols represent everything you could imagine from a day at the beach, and the bright colors will help cheer you up on a winter’s day. The game is a 5 reel, 9 pay line game, so you don’t need to try to keep track of dozens of ways you might be able to win (this also helps you bleed chips at a slower rate). If you are lucky enough to get two of the beachy cocktail symbols on your spin, the bonus round will be unlocked, and then you will be able to win an enhanced amount of chips. Overall, we love beach-themed games, and this one does not disappoint in the least.
Hot Pot
Here is another food-themed game from this supplier, but not the Asian food that goes by this name. Instead, you are transported into an Italian kitchen for the Hot Pot slot game. With a wallpapered background which is in full view with transparent reels, the symbols on this 5 reel game all represent Italian cooking, from peppers and tomatoes to pasta and basil and everything in between. The game features 20 pay lines as well as a bonus round, which when triggered gives you access to the chef’s pantry where you select foods that reveal your prizes.
Mobile Compatibility
Mobile play has been critical to the success of PAF, as many of the online games are available on the ferry rides to and from the Aland Islands. The company’s online platform is compatible with the browsers of most mobile devices, and this also made it much easier to integrate the software that PAF has licensed from third-party vendors. We have not seen a native app for the PAF games, although we would imagine that one is in development.
Conclusion
Paf Slots Casino
Although it isn’t a true monopoly, PAF continues to be a successful operator in the online gaming world. The fact that the proceeds from this site go right back into supporting local social causes is clearly driving players to the site. This allows players to feel like they are giving back even if they are trying to win money in the first place. With the addition of other software partners to the in-house casino games built by PAF, players are going to find a site that is very competitive with the offshore “grey market” solutions.