Tag Archives: Kindred Group

Malta is set to introduce a new corporate tax rate in 2023, according to the Times of Malta, which could have a substantial impact on the revenue of a number of international businesses registered on the island. Quoting government sources, the outlet stated that between 18 and 20 foreign companies could pay up to three-times as much tax as they …

Kansspelautoriteit (KSA) has stated that it is closely monitoring 25 unlicensed online gambling operators to ensure that they are not engaging with Dutch consumers.  The Netherlands Gambling Authority underlined that it had taken a new enforcement approach following October’s launch of the KOA Regime – bringing the Netherlands regulated online gambling marketplace into force. On 1 November, KSA announced that …

Kindred Group Plc continues its progress towards reaching its group-wide corporate objective of ‘0% revenue from harmful gambling by the end of 2023’.  Publishing its latest safer gambling update, the Stockholm-listed online gambling group saw its share revenue from harmful gambling decrease to 3.3% from 4.3% recorded during Q2 2021 trading. The results represent Kindred’s lowest % share since the …

EPIC Risk Management will provide gambling awareness education to members of the Professional Cricketers’ Association (PCA), under the terms of a four-year partnership. Describing the agreement as a ‘first-of-its-kind’ deal, EPIC will also deliver educational sessions with women’s county and regional squads. The first year of the partnership will focus on all county academies and women’s regional teams, before moving …

Unibet, the flagship sportsbook brand of Kindred Group Plc, has maintained its home market CSR commitments by announcing the recipients of its 30/30 Fund in support of Swedish sports clubs, projects and organisations promoting fair-play, equality, inclusion and social mobility.  The 30/30 Fund was established in 2019 by Unibet, backing the grassroots sports fundraising initiatives of former Sweden and NHL …

EveryMatrix has strengthened its position in the evolving US betting and gaming market by securing a casino content distribution deal with Kindred Group. The NASDAQ Stockholm-registered international operator has enlisted the igaming technology provider to expand its current casino offering, integrating EveryMatrix’s proprietary games from Spearhead Studios and Armadillo Studios. A number of US-facing investments have been made by EveryMatrix …

Kindred Group Plc continues to progress on its group-wide business sustainability objectives, despite recording a slight increase in revenues generated from harmful gaming.     Publishing its latest ‘safer gambling update’, the group saw its share of gross win revenues from high-risk players increase from 3.9% to 4.3% during the Q2 trading period.    Irrespective of the 0.4% increase, Kindred underscored that its …

Kindred Group is set to strengthen its igaming operations via a full takeover of Relax Gaming, acquiring the remaining 66.6% of the firm’s shares. Conducted at an implied value of €320 million for 100% of the shares on a cash and debit basis, the purchase will see Kindred pay an initial consideration of around €80 million, settled in cash upon …

The ‘Fakta om Spel’ (Facts about Gambling) website has been launched by four of Sweden’s largest operators, with the aim of increasing awareness of the country’s gambling market. First announced last month and developed in cooperation with BOS, the Swedish Trade Association for Online Gambling, the new website has the backing of Betsson, Kindred Group, LeoVegas and William Hill. Fakta …

Four of Sweden’s largest betting and gaming operators have announced the launch of a new informative site, Fakta om spel (Facts About Gambling), to provide an easily accessible way for consumers and industry figures to gather facts and statistics about the licensed market. The four firms – Betsson, Kindred Group, LeoVegas and William Hill – will develop the website in …