During the 2018 financial year Paf made a profit of €24.6 million from a total turnover of €111.8 million. It is proposed that €21 million of this profit will be allocated to Paf’s owner Åland’s regional government to be distributed for the benefit of society.

“Our result is 16% lower and this is entirely due to the fact that we have significantly reduced earnings from big players. So I’m actually really proud of the result and that we can deliver a substantial amount of money to benefit society,” says Paf’s CEO Christer Fahlstedt.

In September 2018 Paf’s Yearly Limit began rolling out and by the autumn of 2019 it will apply to every one of Paf’s online players. This ‘loss limit’ means that no online player can lose more than €30,000 from their bank account and that Paf will be completely without these big ‘high roller’ players by 2020.

“It’s a lot of money for us to lose out on annually but it is unsustainable money that we no longer wish to receive. The entire gaming industry would feel much better about itself if all the companies openly reveal how they earn their money and choose to stop the big players,” says Christer Fahlstedt.