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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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