Ålands Penningautomatförening or Paf is a money gambling operator based on Åland in Finland and owned by the regional government.
8-752: The Korvpalli Meistriliiga ( KML ), known as the PAF Korvpalli Meistriliiga for sponsorship reasons, is the top-tier men's basketball league in Estonia. The league is organized by the Estonian Basketball Association and played under FIBA rules . The competition was founded in 1925. From the 1998–99 season until the end of the 2001–02 season the league was organized by the Eesti Korvpalliklubide Assotsiatsioon (English: Estonian Basketball Clubs' Association). As of
16-549: Is distributed to the public good, it is paramount that company operations are administered in a socially responsible way. Therefore, Paf decided to implement an annual loss limit for any customer playing at Paf. The limit entails that a single customer playing at Paf may not lose more than €25,000 annually. Paf and Sunborn Hotel opened Casino Sunborn in Gibraltar in spring 2015. It was sold to its competitor Admiral in July 2018. In 2021,
24-625: Is to generate funds for the public community on Åland. Every year, around €20 million in Paf funds are distributed by the Government of Åland to a range of projects within health, culture, education and sustainability. Paf has customers in Finland, Sweden, Estonia, Spain and Latvia and is licensed and controlled by the local Åland government. An independent allocation board distributes Paf's profit to non-profit associations, individuals and organizations that support
32-629: The 2018–19 season, Estonian-Latvian Basketball League regular season games count towards the KML standings, followed by KML Play-offs. The most successful team in the competition is Tartu Ülikool (University of Tartu), with 26 titles. BC Kalev/Cramo are the defending league champions. Paf (company) Paf offers games on the internet and on board cruise ships in the Baltic and the North Sea. The company also has physical gaming activities on Åland. Paf's mission
40-468: The Department of Psychology at Stockholm University within responsible gaming research. Paf also arranges a biennial Responsible Gaming Summit to provide an international platform for increasing awareness regarding responsible gaming. The conference attracts gaming operators, partners, academics and decision makers to raise awareness, create transparency between stakeholders and share best practices. Paf
48-567: The Finnish Supreme Court (KKO) sentenced Paf to a community fine of 250,000 euro in a case related to negligent money laundering. In 2024, Paf has made an environmental sustainability commitment to reach Net-Zero by 2040. The climate target has been validated by the Science Based Targets initiative (SBTi). In 2014, Paf was named the most socially responsible gaming company in the eGaming Review Operator Awards. In 2017, Paf
56-637: The local community on Åland. In 2020, the allocation board distributed a total of €15 million in Paf funds to public good in the form of grants. Paf is a global leader within responsible gaming . In 2018, Paf became the first money gaming company in the international market to set a loss limit for its customers. The new limit, designed to curb problem gambling, stipulates that no customer can lose more than €30,000 annually by playing at Paf. The company's other responsible gaming initiatives include prize-winning innovations for regular follow-ups of customers' gaming habits and collaboration with Richard David Court of
64-529: Was founded in 1966 for fundraising on Åland by non-profit organizations Folkhälsan på Åland , Rädda Barnen ( Save the Children ), Röda Korset ( Finnish Red Cross ) and the Dagens Barn foundation for children. In the early 1970s, Paf started to operate aboard car ferries registered on Åland. In 1999, Paf launched its first online games. Since Paf is owned by the regional government of Åland and its profit
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