Tag Archives: Kindred Group

Henrik Tjärnström: Collaboration makes Kindred the trend setter in global sustainability

Stockholm-listed online gambling firm Kindred Group Plc has published its 2018 corporate sustainability report, outlining key long-term social responsibility commitments and targets for its enlarged enterprise. Updating stakeholders, Kindred Chief Executive Henrik Tjärnström details the enhanced responsibility placed on the online gambling group, which in 2019 services 25 million customers, across Europe, the US and Australia, operating 11 brands and employing …

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888 secures sports betting boost through BetBright deal

888 has secured the long-term product development strategy for its 888Sport division after acquiring the BetBright sports betting platform for £15 million. The platform will be integrated into 888’s proprietary gaming backend, giving the online gaming entertainment and solutions provider ‘complete ownership’ over its technology and product development across four key verticals – sport, casino, poker and bingo. However, more …

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Kindred maintains growth confidence after navigating new landscape complexities

Publishing its unaudited full-year 2018 results, Stockholm-listed online gambling firm Kindred Group Plc said it has increased confidence in its future prospects after overcoming new industry challenges and increased regulatory demands. Updating the market, Kindred closes 2018 trading reporting record levels of customer activity across its verticals, as Q4 2018 group revenues hit a further ‘all-time high’ of £250 million …

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Unibet SE launches 30/30 Fund with NHL Star Henrik Lundqvist

Kindred Group’s flagship Unibet sportsbook brand has announced the launch of its ‘30/30 Fund’ aiming to improve all-around Swedish amateur sports development structures and athlete facilities. The 30/30 Fund is launched with Unibet announcing NHL New York Rangers goalkeeper Henrik Lundqvist as new ‘Brand Ambassador’ promoting Unibet sports, public and health initiatives. Seeking to raise public awareness of the 30/30 …

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Unibet plays strategic hand sponsoring IHF World Championship

Stockholm-listed Kindred Group Plc ’s flagship sportsbook brand Unibet has confirmed that it has become the official sponsor of the handball’s ‘IHF World Championship’ hosted in Germany and Denmark (10-28 January 2019). Unibet announces its first sponsorship of the year, securing event sponsorship coverage and logo rights with the International Handball Federation (IHF). “The tournament will see 24 teams compete …

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Kindred Group contests Norway regulator’s Apple App Store ban

The governance of Stockholm-listed European online gambling operator Kindred Group Plc has moved to file a lawsuit against Lotteri-og Stiftelsestilsynet (Lotteritilsynet) – Norway’s national gambling and lottery authority. Kindred has accused Lotteritilsynet of conducting unfair restrictions and regulatory overreach on its business services, including the blocking payment transfers and sanctioning a ban on Kindred apps listing on the Apple App Store …

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Videoslots and SafeEnt take Swedish licence count to 18

SafeEnt

The licence count in Sweden has reached 18 after two more companies – Videoslots Ltd and SafeEnt Ltd, a subsidiary of Global Gaming, secured approval to service the market from 1 January 2019. On 3 and 4 December, Videoslots was granted a licence for online games, while SafeEnt secured a five-year licence for betting and online gaming through Ninja Casino …

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Lotteriinspektionen publishes first licences for re-regulated Swedish market

Swedish gambling regulator Lotteriinspektionen has this morning announced its first sixteen approved operators, which will be allowed to service Sweden’s re-regulated online gambling marketplace from 1 January 2019. As anticipated, established Stockholm-listed enterprises’ Kindred Group Plc, Betsson AB and LeoVegas AB feature on the Lotteriinspektionen approved list. In a statement released this morning, Kindred Group confirmed that it had secured approval …

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Ultimate Advisory Board for inaugural Betting on Sports America

Advisory Board

SBC Events has brought together experts from a leading US casino, tribal association, racetrack operator and government-run lottery, as well as those from gaming suppliers, consultancies, legal teams and regulators, to form the ultimate Advisory Board for Betting on Sports America (BOSA). The inaugural BOSA, held from 23-25 April 2019, will open on Tuesday 23 April with a networking evening …

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Savvy Kindred maintains ‘World Cup momentum’ despite new tax pressures

Publishing its Q3 2018 trading update (period ending 30 September), Stockholm-listed online gambling firm Kindred Group Plc declares that it is confident of delivering on its full-year corporate expectations and projects. Updating investors, Kindred details that it has maintained its strong post-World Cup Russia 2018 momentum, with group-wide customer activity up 25%. Detailing a further robust quarter, Kindred records period …

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