Who owns Paf?

As of : Paf is run by Aktsiaselts PAFER, Estonia. It holds licences from EMTA (Estonia), valid until December 2042. The company is state-owned (Government of Åland).

Ultimate ownerPaf (Ålands Penningautomatförening) (state-owned (Government of Åland))
Operating companyAktsiaselts PAFER, Estonia · reg. 10017059
LicencesEstonia — EMTA HKL000490
Estonia — EMTA HKL000394
Estonia — EMTA HKL000272
Estonia — EMTA HKL000228
Estonia — EMTA HKL000191
Estonia — EMTA HKL000190
Estonia — EMTA HKL000125
Estonia — EMTA HKT000014
Estonia — EMTA HKT000005
Estonia — EMTA HKT000002
Estonia — EMTA HKL000015
Estonia — EMTA HKL000007
ProductsCasino, Sports betting, Poker
Websitepaf.ee
Also runs aspaf.se, paf.com, pafcasino.lv, paf.es
Companies of the other sitesPaf International p.l.c. (paf.se) · Sweden — Spelinspektionen
Ålands Penningautomatförening (paf.com) · Åland — Government of Åland (Ålands landskapsregering)
SIA "PAF Latvija" (pafcasino.lv) · Latvia — IAUI E-02; TI-09
Paf Games, SA (paf.es) · Spain — DGOJ
Sister casinos11
Fines and actionsPaf’s own company: 0 · whole Paf (Ålands Penningautomatförening) group: 2
Owner proofverified
Last checked14 Oct 2026

In numbers

  • Aktsiaselts PAFER 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). 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
Estonia — EMTA
HKL000490
— – 2030-04-16register
Estonia — EMTA
HKL000394
— – 2042-12-11register
Estonia — EMTA
HKL000272
— – 2038-05-08register
Estonia — EMTA
HKL000228
— – 2037-02-01register
Estonia — EMTA
HKL000191
— – 2035-06-15register
Estonia — EMTA
HKL000190
— – 2035-06-15register
Estonia — EMTA
HKL000125
— – 2033-02-01register
Estonia — EMTA
HKT000014
—activeregister
Estonia — EMTA
HKT000005
—activeregister
Estonia — EMTA
HKT000002
—activeregister
Estonia — EMTA
HKL000015
— – 2029-05-01register
Estonia — EMTA
HKL000007
— – 2029-03-20register

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: Estonian site of Åland-based Paf; listed by EMTA under AS PAFER.

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 Paf cover its sister sites? · How national self-exclusion schemes work

Fines and regulator actions

None of these 2 names Paf’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 Paf?

Aktsiaselts PAFER runs it.

Is Paf licensed?

Yes. Its operator Aktsiaselts PAFER holds licences from EMTA (Estonia).

Has the owner of Paf been fined?

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

Is Paf legit?

Paf is run by Aktsiaselts PAFER, which holds licences from EMTA (Estonia). Check the licence in the EMTA (Estonia) licence register. The company is state-owned (Government of Åland). Fines and regulator actions against Paf’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 Paf’s sister sites?

Paf has 11 sister casinos with the same owner, Paf (Ålands Penningautomatförening): 1X2, 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