Tag Archives: paf

Kambi continues regulated market strategy with Sun International deal

Kambi Group has signed a ‘multi-channel agreement,’ to provide its sportsbook and technology services to gaming and hospitality group Sun International. The South Africa facing online sportsbook currently operate SunBet.co.za, and will migrate to the Kambi end-to-end sports betting solution, supported by a Bede Gaming backend platform, before launching into additional markets. Kristian Nylén, CEO of Kambi, said: “We are …

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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 to launch DFS product with Scout Gaming Group

Updating the market Finnish state-owned gambling operator Paf is set to launch a Daily Fantasy Sports (DFS) product powered by Malta-based Scout Gaming Group (Scout Gaming). The Åland Islands licensed operator will move to incorporate the Scout Gaming DFS platform within its online betting services, boosting its current product inventory which includes; online casino, poker and bingo. The Scout Gaming …

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Play’n GO signs multi-year agreement with Paf

Swedish slot supplier Play’n GO has signed a landmark agreement with international gaming operator Paf, with the Åland-based company’s award-winning suite of mobile and desktop content available to the operator’s players for the first time. The multi-year deal, which is understood to be for an initial three-year period, will see award-winning premium titles like Gemix, Grim Muerto and Eye of …

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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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Corporate strategy fallout sees Ander Ingves depart as CEO of Paf

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 …

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Increased costs see Paf report 45% profits decline

Finnish state owned gambling operator Paf has recorded a severe decline in 2014 top-line metric performance. Paf governance would report a 45% decline in 2014 operating profits to €17.2 million from 2013 – €31.4 million. The Aland based operator recorded revenue declines in both its online and land-based divisions. Paf’s digital division would record an 11% drop in revenues to …

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Wiklund steps down as Paf director

European Igaming and sports betting operator, Paf have announced that long serving director Anders Wiklund will leave its operations after eight years of service. Wiklund joined PAF in 2007 as international sales manager, progressing through the ranks of the igaming operator taking up senior business development roles within the organisation. Wiklund played a key role in the companies expansion into …

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