Top Online Casinos for Aland Islands
Gambling Monopoly
The jurisdiction of Aland Islands has only one licensee under its wing - Ålands Penningautomatforening (PAF), a non-profit, charitable gaming company established in 1966. PAF, or Play Among Friends, holds exclusive rights to offer gambling services on land, via the internet and on cruise ferries traveling across the Baltic Sea. All proceeds are allocated to various humanitarian organizations and used to fund social, cultural, environmental and other beneficial activities in the country.
Gambling regime in Aland Islands bears certain similarities with that of mainland Finland, in the sense that both are monopolistic legal structures where one or more state-controlled operators cover the entire market. Located at the entrance to the Gulf of Bothnia, Aland is officially a territory of Finland, but it has an autonomous status with its own government, parliament, taxation system and local policies. The province does not issue permits to other operators aside from PAF, but being a turnkey casino solutions provider, this company is able to offer internet betting and games to customers throughout Europe.
Licensing Guidelines
While the fact that the Government of Aland Islands authorizes a single, domestic operator might imply lenient requirements, their licensing system is in fact thoroughly enacted and is generally well-respected in the gambling industry. Among the largest and longest-standing companies in the business, PAF enjoys a solid reputation with regards to safe and responsible services.
Paf.com started its internet gambling operations in 1999, with an exclusive permission granted by the Aland Provincial Government. They operate under a single license which covers all categories of products offered by the company: slots, games of skill, casino games, lottery, bingo, betting on sports, poker and charity-related activities. The permit is set to expire after one year and must be renewed for a fee of €70,000.
As a government entity, the company doesn't have to go through an application process, but they are expected to maintain a certain standard of professional practice. Their commercial performance, business plans and financial reports are evaluated and closely monitored throughout the tenure.
Responsible Gaming
Particular attention has been given to customer security and protection. To start with, all registered customers must be of legal age, either over 18 or 21 years old, depending on the country of residence. Player-specific requirements and safety measures are drafted in compliance with the Finnish Personal Data Act: Paf.com must keep a central player registry without disclosing any personal information.
Gaming insurance is offered to customers dealing with addiction problems. Players that have been registered for at least a year, with at least €120 deposited during this time, can seek professional counseling of up to €2300 with a certified therapist. If a player wishes to self-exclude, they may do so for the entire website, or for individual games.
To ensure that the outcome of any game offered by the company is completely random, the authority requires a Random Number Generator certificate. The software must be audited and determined fair by a reputable third party testing agency
Further Reading
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