Major gaming operator Paf, based in Aland, the autonomous Finnish islands in the Baltic, made a profit of €27.6m in 2017, it was announced this week.

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The company’s turnover reached €116.5m. It plans to hand over €18m to the regional government in Aland to be distributed to good causes.

The company said that it had been a strong year for the business, doubling its net result despite the sale of its Italian subsidiary in February 2017. Turnover went up from €113.5m to €116.5m and the GGR in land-based and ship-board operations rose from €31.5m to €31.9m.

During the year Paf was nominated as one of the 40 most inspiring working places in Finland.