Who owns Paf Casino Latvia?

As of 14 Oct 2026: Paf Casino Latvia is owned by Paf (Ålands Penningautomatförening), state-owned (Government of Åland). The site runs under SIA "PAF Latvija", Latvia, with a licence from IAUI (Latvia, E-02; TI-09). The same owner has 11 other casinos.

Ultimate owner	Paf (Ålands Penningautomatförening) (state-owned (Government of Åland))
Operating company	SIA "PAF Latvija", Latvia · reg. 40203073973
Licences	Latvia — IAUI E-02; TI-09
Products	Casino
Website	pafcasino.lv
Also runs as	paf.se, paf.com, paf.ee, paf.es
Companies of the other sites	Paf International p.l.c. (paf.se) · Sweden — Spelinspektionen Ålands Penningautomatförening (paf.com) · Åland — Government of Åland (Ålands landskapsregering) Aktsiaselts PAFER (paf.ee) · Estonia — 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 Paf Games, SA (paf.es) · Spain — DGOJ
Sister casinos	11
Fines and actions	Paf Casino Latvia’s own company: 0 · whole Paf (Ålands Penningautomatförening) group: 2
Owner proof	verified
Last checked	14 Oct 2026

In numbers

SIA "PAF Latvija" also runs 1 other gambling brand 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

Regulator	Type	Valid	Check it
Latvia — IAUI E-02; TI-09	—	active	register

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: Domain listed by the Latvian regulator for SIA "PAF Latvija".

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

Paf (Ålands Penningautomatförening) sister sites, fines and sources →

Fines and regulator actions

None of these 2 names Paf Casino Latvia’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.

Date	Company	Regulator / court	Amount	Reason
2025-12-03	Speedy Ltd	Spelinspektionen (Sweden)	—	Remark over consumer information duties. source
2025-01-29	PAF International PLC	Spain — DGOJ	EUR 75,000	Used 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

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