Ålands Penningautomatförening or Paf is a money gambling operator based on the Åland Islands in Finland and owned by the regional government. 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 is to generate funds for the public community on the Åland Islands. Every year, around €20 million in Paf funds are distributed by the Åland regional government 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 the local community on the Åland Islands. In 2017, the allocation board distributed a total of €15.8 million in Paf funds to public good in the form of grants and loans. Social activities: €3,267,000 Environmental activities: €450,000 Youth work: €482,000 Sport: €1,640,000 Arts and culture activities: €1,788,000 Leadership grants: €95,000 Event grants: €100,000 Other operations grants: €2,400,000 Investment grants: €1,000,000 Integration: €40,000 Loans: 3,738,000Paf 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 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.
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