Net Entertainment Inks Contract with Paf

2 March 2009

Net Entertainment A.B. has signed a four-year license agreement with Ålands Penningautomatförening or Paf, the Swedish company said on Monday.

Under the terms of the agreement, Net Entertainment said it will provide Paf with both its download and browser-based version of CasinoModule.

“We have made an important and strategic decision in choosing Net Entertainment as partner for our online casino operation in order to succeed with our internationalization ambition,” said Lars Porko, chief executive at Paf, in a prepared statement.

According to Net Entertainment, the companies are planning the casino launch for the second quarter of 2009.