Tag Archives: Christer Fahlstedt

Christer Fahlstedt: Paf – True responsibility is a test of all industry values

Leading Åland Island-based operator Paf, Chief Executive Christer Fahlstedt has implemented betting’s most transparent social responsibility mandate questioning standard practices that have governed incumbents operations to date.  Paf’s leadership directive hit news headlines home and abroad, however, Fahlstedt tells SBC that facing the industry’s most urgent agenda, his executive team has simply accepted its responsibility challenge head-on… ______________ SBC: Christer thanks …

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Paf becomes Grand Casino Luzern’s ‘technical partner’ for Swiss opening

The governance of Paf has disclosed that the Åland Islands-based gaming operator will act as ‘lead technology partner’ for Grand Casino Luzern, as Switzerland initiates its new online casino regime. This June the Swiss Federal Council, approved an initial four online casino permits awarded to local operators – Grand Casino Baden, Grand Casino Luzern, Casino Davos and Swiss Casinos Pfäffikon. July …

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Christer Fahlstedt – Paf on course to eliminate all big player losses by 2020

Detailing an ‘industry first’, Åland Island (Finland) based betting group Paf has moved to openly publish a detailed breakdown of its customers’ annual wins and losses as part of its corporate social responsibility mandate. Updating the market, Chief Executive Christer Fahlstedt detailed that the initiative would bring stakeholder transparency to Paf’s player wagering limits and further sustainability directives. “We are probably …

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Paf collaborates with Colossus for Jackpot Pools launch

Nordic operator Paf has announced the online launch of its Jackpot Pools product in collaboration with pools betting innovator Colossus Bets. The launch includes the full Colossus sports offering with lotto-sized jackpots, Cash Out, Syndicates ‘crowdbetting’ and FreePlay functionality. Paf’s Chief Gaming Officer, Kim Johansson, commented: “Jackpot Pools complement our current offering with a ‘low stakes for big prizes’ proposition …

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Profitable Paf provides €18 million to the Åland community

Paf - Copyright: oxygen64 / 123RF Stock Photo

Paf has made a significant contribution to the Åland community after allocating €18 million of its 2017 revenues to the Finnish province’s regional government. The gaming company’s annual turnover reached €116.5 million for the full-year, up 2.6% year on year (YOY) from €113.5 million in the corresponding 2016 period. This increased turnover led to the firm posting an operating profit …

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Responsibility First… Paf appoints Daniela Johansson as Deputy leader

Åland Island-based gambling operator Paf has confirmed the appointment of Daniela Johansson to the position of Deputy Chief Executive. Focusing on corporate development and social responsibility, Paf governance promotes the fifteen-year company veteran Johansson to the position of deputy leader, supporting Group Chief Executive Christer Fahlstedt. Johansson has most recently served as Paf Chief Responsibility Officer (CRO: 2014-2017), leading the …

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Year of corporate restructuring impacts Paf bottom-line

Finnish state-owned gambling operator Paf has announced that it will donate approximately €20 million to national charities and social initiatives, following its full-year 2016 financial update. A year of corporate restructuring, which saw Paf appoint former Tain Networks Executive Per Sahlberg as its new CEO. Paf would report flat-line corporate revenues of €113 million (FY 2015: €110 million). Nevertheless, Paf …

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Paf recruits Per Sahlberg from Tain as new CFO

Paf has announced that they will employ Per Sahlberg as its new CFO. Sahlberg, who has been recruited from online gaming developer Tain, will start in his new role on October 1. Per Sahlberg, 41, will leave Tain after almost 9 years in the job. He has built up considerable experience in the industry, having also served as CFO for two …

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Christer Fahlstedt takes over as Paf CEO

Åland licensed gambling operator Paf has confirmed the appointment of former Betting Promotion and Tain Networks Chief Executive Christer Fahlstedt as its new CEO. A Scandinavian igaming veteran Fahstedt replaces Ander Ingves, who stepped down as CEO of Paf last February following a dispute with governance regarding the operator’s corporate strategy.   Announcing Fahlstedt as its new CEO, Paf governance …

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SafeCharge announces joint payment venture with TAIN

Payment provider SafeCharge has furthered its services for the online gambling market, by announcing a payments supplier partnership with igaming platform and provisions provider TAIN. The two parties will begin to offer joint online payment solutions to TAIN network white label partners. TAIN will be granted access to SafeCharge’s network of alternative payment methods, giving its white label partners further …

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