Tag Archives: Kindred Group

Kindred hits out at proposed Swedish measures

Kindred Group hits out at proposed Swedish measures

The Kindred Group has slammed the proposals to impose further restrictions on the Swedish gaming market, with the CEO Henrik Tjärnström warning that the measures would be a ‘step in the wrong direction’. In a statement, Kindred expressed concern over a lack of ‘notable connection’ between the pandemic and rates of problem gambling. The operator also noted that ‘the government’s …

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Diverse Kindred eyes record closing to 2020 trading 

Kindred Group has declared that its ‘diverse long-term business model’ and ‘cost focus’ will help the company deliver on all 2020 objectives, navigating a year of unprecedented business challenges.  Publishing its Q3 trading statement (period ending 30 September), Kindred has recorded group revenues of £280 million, reflecting a 24% increase on Q3 2019’s corresponding £226 million. Driving performance, Kindred stated …

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Kindred states ‘full commitment’ to Belgium by acquiring Blancas NV for £25m

Kindred Group hits out at proposed Swedish measures

Kindred Group Plc has reaffirmed its market-leading position within Belgium by agreeing to acquire Rank Group subsidiary Blancas NV for a total valuation of £25 million (cash and debt-free basis). Blancas NV is the operating firm of the ‘Casino Blankenberge’ located in the Belgium Flemish province of West Flanders and functions as one of nine casinos allowed by the Belgium …

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Kindred places technology as the core theme of 2020 Sustainable Gambling Conference

Kindred Group Plc has disclosed that its fifth annual ‘Sustainable Gambling Conference’ will encourage its executive delegates to explore the question of ‘how technology can support a more sustainable industry?’  Due to take place on 21 October, Kindred’s sustainability conference will take place as an online event to accommodate COVID-19 measures. Each year Kindred invites executive guests from health services, …

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Kindred upgrades consensus ahead of Q3 results

Kindred Group hits out at proposed Swedish measures

Issuing a market update, Kindred Group Plc has disclosed that ‘continued strong momentum’ recorded during Q3 trading has resulted in the company achieving ‘all-time highs’ in active customers and gross win revenues. Recording a ‘strong trading quarter’, Kindred anticipates that group Q3 2020 gross win revenues will be delivered at circa £280 million, up 24% on Q3 2019’s £226 million. …

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Kindred outlines new energy targets in line with Paris Agreement

Building on its commitment to be a socially responsible operator, Kindred Group has stated that it will aim to reduce business travel by 30% in line with the energy saving targets set by the Paris Agreement on climate change. The Paris Agreement was signed in 2016, and outlines protocols within the United Nations Framework Convention on Climate Change which deal …

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EPIC builds US presence with Kindred training partnership

EPIC Risk Management has upped its commitment to providing training and development sessions across the US after extending its partnership with Kindred Group. The latest agreement builds upon the ongoing collaboration between the two firms, which initially teamed up with one another in 2017 in a bid to make gambling safer and fairer for customers. Maris Catania, Head of Responsible …

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Gordon Moody Association: Reducing gambling harm through collaboration

In a two-part series, Paul Dent – Gambling Therapy Manager at Gordon Moody Association (GMA) – takes an in-depth look at the concept of harm, analysing what constitutes harmful behaviours and how working alongside gambling operators can help on an academic, community and customer level. Defining gambling-related harm Back in April 2019, the UKGC launched its National Strategy which had …

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Mace launches EQ Connect to solve the industry’s ‘single view’ conundrum on identifying risk 

Will Mace, former Director of Innovation for Kindred Group Plc, has launched EQ Connect – a tailored behavioural analytics platform which will help operators and industry stakeholders to identify ‘at-risk vulnerable customers’ and strengthen all components related to safer gambling.  Mace debuts EQ Connect, as the online gambling industry is pressured by the UKGC and further government agencies to foster …

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Unibet backs #GoRacingGreen as lead racing charity 

Unibet, the flagship sportsbook property of Kindred Group Plc, has announced its support of British horseracing’s #GoRacingGreen project – making UK racing accessible to those who suffer from mental health problems. The #GoRacingGreen project was launched in 2019 by racing enthusiast and entrepreneur Deborah Matthews, who openly blogged about how equine activities helped her overcome her struggles with mental health.  …

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