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Online business drives Åland’s Paf to record revenue in 2016

24th April 2017 6:26 am GMT

Åland-based gaming operator Paf will distribute €20m to social causes on the Åland Islands after enjoying a record financial performance in 2016.

The operator, owned by the Åland regional government in Finland, saw gross gaming revenue (GGR) rise by 3 per cent to a record €113.5m for the year, which also marked the operator's 50th anniversary.

Paf also underwent significant management changes in 2016, with Christer Fahlstedt appointed CEO to replace Anders Ingves, who left following differences over [...]

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