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ISO/IEC 27001 CERTIFICATION

ECOGRA ACCREDITS ONLINE GAMBLING GROUP PAF


PRESS RELEASE
For Immediate Release

ECOGRA ACCREDITS ONLINE GAMBLING GROUP PAF

Independent auditors applaud strong responsible gambling culture at Ålands Penningautomatförening


London, 18 October 2013 - The diverse and multi-platform online gambling operations at Finnish online gambling group Ålands Penningautomatförening (PAF) came under the rigorous eCOGRA microscope recently when a team from the independent standards and regulatory auditor visited bases in Helsinki and Mariehamn, and thoroughly inspected operations and software from a variety of providers used by the group.

PAF uses software and management systems from Net Entertainment (RNG casino); Evolution (live dealer casino); SpieloG2 and Ongame (poker); Parlay (bingo); and Kambi (sports betting), all suppliers that comply with the eCOGRA requirements for acceptable online gambling providers after undergoing stringent testing.

In addition to software fairness and safety, all management, financial and operational systems were reviewed and evaluated in the eCOGRA on-site inspection, carried out over several days by a team headed by eCOGRA manager Louise Chunnett, a Chartered Accountant and Certified Information Systems Auditor with extensive testing experience in online gambling regulated markets.

Chunnett reported:

"PAF really is an exceptional company, particularly in the area of responsible gambling, where it has gone to extraordinary lengths to guard against problem and underage gambling, and the involvement of criminal activity.

"Based on our on-site review of the PAF.com operations and software suppliers, we are satisfied that this company's responsible gambling policies and procedures, and the culture throughout the organisation is of the highest standard, comparing favourably with measures in top industry companies we have inspected in the past.

"In fact, PAF has successfully set unique industry standards in its commitment to responsible gaming by developing new dedicated tools which are actively contributing towards establishing higher levels of best practice in this area."

Chunnett's report also notes that the Finnish operator maintains very high standards of operational efficiency and conduct, complying with almost 200 industry best practices in the areas of player protection, fair gaming and responsible operator behaviour.

Taneli Hölttä, a senior manager at PAF said: "Passing such an all-embracing and in-depth evaluation as that leading to an eCOGRA Safe and Fair accreditation was something we all worked hard to achieve, so it is very satisfying in both a business and professional sense.

"We were especially impressed with the inspection team's industry knowledge and constructive comments about our responsible gambling systems, which have been a key focus of our operational activity."

About eCOGRA

Founded in 2003 to set and improve operational standards and player safety in the i-gaming space, eCOGRA has amassed a wealth of experience in implementing international best practice standards and requirements and ensuring these are maintained through regular review and monitoring.

Over 200 of the most established and successful internet gambling websites are accredited and policed by the independent, London-based company, which is staffed by professional auditors with Big 4 auditing firm experience, information system experts and responsible gambling specialists.

The company is an accredited testing agency with several jurisdictions, and has been awarded the United Kingdom Accreditation Service (UKAS) ISO approval ISO/IEC 17025:2005 : General Requirements for the competence of testing and calibration laboratories. This accreditation is one of the quality assurance requirements for approval as a testing agency in various European remote gambling licensing jurisdictions.

About PAF

Ålands Penningautomatförenin was founded in 1966 with the clear purpose of creating profit to support good causes. This purpose is still the principle reason for being. Today PAF.com is an international full-service online gaming site with over 150 games. PAF also maintains a large physical gaming operation on land and sea with about 1 300 gaming machines, 40 gaming tables on ships and PAF Casino on Åland. PAF offers safe and socially responsible money games to give its customers pleasure and entertainment. In 2012 the PAF Group produced a profit of 24.7 million euros and the contribution to good causes was 19,0 million euros. The group has over 300 employees with offices in Mariehamn, Helsinki, Stockholm, Tallinn and Madrid.


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