Tag Archives: Kindred Group Plc’.

Kindred continues sustainability commitment despite ‘challenging’ year

SBC News Kindred continues sustainability commitment despite ‘challenging’ year

Kindred has published its combined Annual and Sustainability Report for the 2022 financial year, as it continues to pursue its corporate social responsibility (CSR) targets. Providing an introduction to the group as a company and its long-term strategy and key value creation drivers, the report also includes facts and figures, case studies, as well as ambitions and commitments within its …

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Kindred focused on 2025 vision as Dutch KOA storm finally clears

Kindred

Kindred Group Plc details “signs of improved profitability and scalability” against continued 2022 headwinds impacting its financial performance across Western European markets.  Publishing its interim results for January-September and a trading update for Q3,  the Stockholm-listed online gambling group revealed that pan-European revenues were still struggling due to a long-term absence from the Netherlands. Q3 trading saw Kindred register a …

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Focus on regulated markets drives Kindred Q1 growth

Focus on regulated markets drives Kindred Q1 growth

Kindred Group Plc’s focus on regulated European markets, alongside a return of a strong sporting calendar, has helped drive the operator’s growth during Q1 2021. Publishing its financial results for the three months ended 31 March, Kindred reported that EBITDA had jumped from £32.5 million in the corresponding period last year to £97.6 million – something which the operator group …

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Kindred warns of 2019 closing disruptions

Kindred

Stockholm-listed Kindred Group Plc has revealed that its gross winning revenues for Q4 2019 have been hampered by both weak sports betting margins and the costs of its US expansion efforts. As confirmed in a pre-market update, Kindred explained that its expected revenues will be in the region of £235m for the final three months of 2019, marking a decrease …

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EU betting market grows as punters switch to mobile betting

SBC News EU betting market grows as punters switch to mobile betting

The European Gaming and Betting Association (EGBA) has revealed an 11% growth in the online gambling market across Europe, with the UK accounting for 32.4% of the market. According to market data published by the EGBA in partnership with H2 Gambling Capital, the market expansion saw gross gaming revenue rise from 2017’s €20m to €22.2m year-on-year. Maarten Haijer, secretary general …

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Kindred launches US specific affiliate marketing program with Income Access

Kindred Group - Nils Andén, Tom Banks

Stockholm-listed Kindred Group Plc will launch a US-specific affiliate marketing programme powered by Paysafe Group’s Income Access software. Working in partnership with Income Access, Kindred is accelerating its US market prospects having launched flagship Unibet brand in the state of New Jersey this June. Fulfilling a key corporate goal, Kindred has successfully secured a ‘Casino Service Industry Enterprise License’, allowing the Stockholm …

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Henrik Tjärnström – Kindred looks to new shores post World Cup

SBC News Henrik Tjärnström - Kindred looks to new shores post World Cup

As a sign of corporate growth and progress, Kindred Group CEO Henrik Tjärnström has stated to investors that corporate comparative trading periods will only get tougher for the Stockholm-listed enterprise. Presenting Kindred’s H1 2018 interim leadership update, Tjärnström acknowledges that a further ‘all-time high’ trading quarter has been driven by World Cup Russia 2018, with Kindred achieving its biggest active …

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Unibet Group officially changes name to Kindred Group Plc

SBC News Unibet Group officially changes name to Kindred Group Plc

Following today’s ‘Extraordinary General Meeting’ (EGM), shareholders of Stockholm-listed Unibet Plc have approved the firm’s proposed name change from ‘Unibet Group Plc’ to Kindred Group Plc. Updating company stakeholders, Unibet governance detailed that its expects its first full day of trading under the Kindred Group name to be on Monday 12 December 2016.  This September Unibet governance issued a corporate …

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Unibet board considers holding company name change to ‘Kindred Group Plc’

SBC News Unibet board considers holding company name change to 'Kindred Group Plc'

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 …

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