Gambling operator Paf is going to contribute a dividend of 40 million euros to the Åland Government as part of coronavirus relief efforts.
The Board of Directors 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. The proposition gained approval from the government.
“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,” Christer Fahlstedt, CEO of Paf, said.
[image credit : Wisegambler]