Who owns 1X2?

As of : 1X2 is owned by Paf (Ålands Penningautomatförening), state-owned (Government of Åland). The site runs under PAF MT Limited, Malta, with licences from Spelinspektionen (Sweden) for online gaming and betting. The same owner has 11 other casinos. Press reports this link; we have not confirmed it in a register yet.

Ultimate ownerPaf (Ålands Penningautomatförening) (state-owned (Government of Åland))
Operating companyPAF MT Limited, Malta
LicencesSweden — Spelinspektionen 24Si2074 (×2)
ProductsCasino, Sports betting
Website1x2.se
Sister casinos11
Fines and actions1X2’s own company: 0 · whole Paf (Ålands Penningautomatförening) group: 2
Owner proofreported
Last checked14 Oct 2026

In numbers

  • PAF MT Limited also runs 2 other gambling brands under the same company and licence.
  • Paf (Ålands Penningautomatförening) owns 12 casino and betting brands (22 websites) in our data.
  • 2 fines and regulator actions against the owner since 2025, about €75,000 in total (converted to euros).

Finnish gambling licence

Paf (Ålands Penningautomatförening) has applied for a Finnish gambling licence (20 July 2026). The source does not name the brand 1X2. Licensed gambling can start on 1 July 2027 at the earliest. (source: MTV Uutiset)

Finland licence tracker: who applied and who owns them → · What changes for players on 1 July 2027 →

Licences

RegulatorTypeValidCheck it
Sweden — Spelinspektionen
24Si2074
Kommersiellt online (online gaming)2025-02-03 – 2030-02-02register
Sweden — Spelinspektionen
24Si2074
Kommersiellt online (betting)2025-02-03 – 2030-02-02register

What these licences mean for you

About Paf (Ålands Penningautomatförening)

Gaming association owned by the autonomous Åland government. Holds Swedish licences via Paf International, PAF MT and PAF New Tech; bought the Speedy companies from Hero Gaming in 2021.

Headquarters: Finland (Åland) · Founded: 1966 · Ownership: state-owned (Government of Åland)

How we know, and what we could not confirm

How we know: Listed under PAF MT Limited in the Spelinspektionen licence register (URL 1x2.se).

11 sister casinos

Same owner often means the same terms, the same support team and the same payout rules. A self-exclusion at one brand may not cover its sister sites.

Does self-exclusion at 1X2 cover its sister sites? · How national self-exclusion schemes work

Fines and regulator actions

None of these 2 names 1X2’s own company; they concern other companies of the Paf (Ålands Penningautomatförening) group. The company column names who was fined.

Fines from the 40 regulators, prosecutors and courts we track, online gambling only; fines against land-based casinos are out of scope. How we count fines.

DateCompanyRegulator / courtAmountReason
2025-12-03Speedy LtdSpelinspektionen (Sweden)—Remark over consumer information duties. source
2025-01-29PAF International PLCSpain — DGOJEUR 75,000Used technical systems that were not approved, e.g. moving gambling data to a new data centre without approval. Nominal fine €125.000; reduced to €75.000 after the firm admitted liability and paid early. Case ES/2025/004; DGOJ lists it under 2025. source

Ratings elsewhere

Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.

Questions and answers

Who owns 1X2?

Paf (Ålands Penningautomatförening). Press reports this link; we have not confirmed it in a register yet.

Is 1X2 licensed?

Yes. Its operator PAF MT Limited holds licences from Spelinspektionen (Sweden) for online gaming and betting.

Has the owner of 1X2 been fined?

2 records on file. The latest: Spelinspektionen (Sweden), 2025-12-03.

Is 1X2 legit?

1X2 is run by PAF MT Limited, which holds licences from Spelinspektionen (Sweden) for online gaming and betting. Check the licence in the Spelinspektionen licence register. Its owner is Paf (Ålands Penningautomatförening), a state-owned company. Fines and regulator actions against 1X2’s own company: 0; against the whole Paf (Ålands Penningautomatförening) group: 2. Sister sites with the same owner: 11. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.

What are 1X2’s sister sites?

1X2 has 11 sister casinos with the same owner, Paf (Ålands Penningautomatförening): Paf, Casino Epic, Svajpa, Golden Bull, Körba and 6 more. Full list: all Paf (Ålands Penningautomatförening) sister sites.

Sources

Last checked 14 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.

How casino ownership works: the data