Tag Archives: Aland Islands

Finland’s Institute of Health and Welfare (THL) has expressed detailed concerns about the increasing instances of gambling-related disorders, even as Finland experiences a decline in gambling participation. The observation was made by the Health Institute during its public survey to ascertain the prevalence of moderate and problem gambling risks among Finnish adults.  The Institute, responsible for monitoring records on disorders …

888 Holdings has sold its Latvian gaming properties of MrGreen.LV and WilliamHill.LV to Paf, as the LSE gambling group reduces the size of its European portfolio. The gambling company of the Finnish Åland Islands, Paf announced that it had reached terms to acquire 888 Holding’s Latvian operations and associated licenses. The transaction will see Paf become Latvia’s third-biggest online gambling …

Paf, the Finnish Åland Islands-owned gambling group, has announced that it will proceed to a new mandatory online gambling loss limit for customers aged 18-19 to €1,800.  The updated annual loss limit is scheduled to be implemented in early summer 2023. Along with other measures being introduced, these initiatives are anticipated to incur a cost of approximately €7 million. Set …

For a third straight year, Åland Islands-based gaming operator Paf has confirmed that it will lower its annual player loss limit by a further €5,000 to €20,000.  Paf governance has carried its customer care directive for a third year, underlining the firm’s commitment to leading the online gambling industry for social responsibility standards and safeguards. In 2018, the Paf leadership …

Scandinavian news sources have reported that Ander Ingves has resigned as Chief Executive of Paf following an ongoing dispute with corporate governance regarding the future strategy of the gambling operator. The board of directors of the Aland Islands licensed company, confirmed to local news sources that Ingves had left the company last week, and had been temporarily replaced by Chief …