The profit generated by Paf during the 2019 financial year amounted to 25.6 million euros, which means an increase of almost 1 million compared to 24.6 million in 2018. Total turnover also increased from 111.8 million to 114, 2 millions. “We had a good year in 2019 and the decision to give an additional dividend means that Paf contributes a total of 40 million euros this year. Paf's purpose is to generate surpluses for the benefit of society and this year it feels especially good that we have the opportunity to make an even bigger contribution, "says Paf CEO Christer Fahlstedt.
“We had a good year in 2019 and the decision to give an extra dividend means that Paf contributes a total of 40 million euros this year. Paf’s purpose is to generate surplus for the benefit of society and this year it feels especially good that we have the opportunity to make an even greater contribution,” says Paf’s CEO Christer Fahlstedt.
€40 million to be distributed
The Board of Directors has proposed that €40 million from this year’s profit of €25.6 million and earlier profits be given to the Government of Åland for distribution for socially beneficial purposes. Yesterday the financial statements were approved by the government and the board was granted the right to discharge.
“We would like to express our sincere thanks to the management and staff for their excellent work. The importance of Paf’s contribution to society appears to be extraordinarily high in situations such as these,” says Paf Chairman Jan-Mikael von Schantz.
Paf’s openly publishes customer segments again
Last year Paf decided to openly publish its customer segments’ profits and losses – a unique initiative in the gaming industry. This year we keep our promise of continued openness (see the appendix).
Another highlight of the PAF numbers in recent years is how the revenue generated by the big gamers segment continues to decrease by 67%. That is to say, the clients called VIP (those who move the most money in bets) now play fewer amounts. Something that according to Christer Fahlstedt is key to continue working "in the right direction".
18+ | Juegoseguro.es – Jugarbien.es
