Releasing its unaudited year-end report, Stockholm-listed European sports betting operator Kindred Group Plc (formerly Unibet Group Plc) is likely break it all-time revenue and earnings performance for full-year 2016. The enlarged operator was able to post a further consecutive all-time revenue generating quarter of £152 million for Q4 2016 (Q4 2015: £111 million). Kindred would record a period underlying EBITDA of …
Read More »
Stockholm-listed European sports betting operator Unibet Plc is on target to deliver its strongest ever full-year performance, following a consecutive ‘all-time high’ quarter performance for Q3 2016 (period ending 30 September). Updating the market, Unibet detailed that period group revenues had hit £142 million (Q3 2015: £83 million). Its strong revenue performance would see Unibet declare a period EBITA of …
Read More »
Updating investors, Unibet Plc’s board has detailed that it is considering changing its holding company name from ‘Unibet Group Plc’ to ‘Kindred Group Plc’. The name change has been proposed in order to ‘improve synergy, clarity and flexibility’ for Unibet’s enlarged group, which following a number of European acquisitions is made up of online gambling assets; Unibet, MariaCasino, Bingo.com, Stan …
Read More »
Stockholm-listed European sports betting operator Unibet Plc, continues its strong 2016 momentum posting a consecutive ‘all-time’ revenue quarter in its latest interim results for Q2 and H1 2016 (unaudited period ending 30 June). Updating the market this morning, Unibet governance would detail that the company had recorded group revenues of £126 million for Q2 2016 (Q2 2015: £80 million), closing …
Read More »
European sports betting operator Unibet Plc has reported a strong opening to 2016, posting a ‘new all-time high’ in group revenues to £122 million representing a 61% uplift on 2015’s corresponding Q1 performance of £76 million. Unibet governance highlighted that the company was performing way above market rate, with EBITDA (Q1 2016: £28 million) and Profit (Q1 2016 £20 million) …
Read More »
Stockholm listed betting operator Unibet Plc ended 2015 reporting an all-time record quarter performance for Q4 2015, which saw corporate revenues reach £111 million combined with underlying profits of £24.6 million. The operator’s strong year-end finish boosted 2015 results, as Unibet recorded FY corporate revenues of £354 million, up 13% on FY 2014’s £312 million. Publishing its unaudited year-end statement, …
Read More »
European sports betting operator Unibet has confirmed that Albin de Beauregard will take over as new Chief Financial Officer (CFO) from Graham Stretch who is set to exit the leadership role this coming March. De Beauregard will step up to the role of CFO, having served as Head of Unibet Internal Auditing since April 2015. Unibet further detailed that Stretch …
Read More »
Further news of amalgamation reaches the online gambling industry this August as European sports betting operator Unibet Plc today confirmed its agreement to acquire Malta based operator iGame Holding Plc. Issuing a corporate statement detailing its intent, Unibet has placed a sum of €59 million (£41 million) cash for the complete acquisition of iGame services and its subsidiaries portfolio (http://igamegroup.com/#products) …
Read More »
European sports betting operator Unibet Plc, continues to be hit by negative currency exchange rate fluctuations on its core performance metrics for 2015. Updating the market on its interim performance, Unibet has disclosed record group revenues for Q2 2015 which amounted to £80.5 million (Q2 2014 – £75.6 million). Unibet would record H1 2015 group revenues of £156.6 million up …
Read More »
European sports betting operator Unibet Plc has announced that Head of iGaming Daniel Eskola has been promoted to Chief Product Officer (CPO) Eskola will take on board a number of product and operational responsibilities from COO Britt Boeskov who is set to take a requested break from her role. Unibet CEO Henrik Tjärnström has confirmed the senior management changes to …
Read More »
SBC News Voice of the Sports Betting Industry