Tag Archives: Kindred

Kindred highlights ‘dynamic sustainability’ in 2023 report

Kindred Group - Nils Andén, Tom Banks

Kindred Group has published its combined Annual and Sustainability Report for the 2023 financial year.  Providing an introduction to the company and its strategy and key value creation drivers, Kindred detailed its focus on expanding its share in locally regulated markets under the leadership of CEO Nils Andén. Emphasising the importance of navigating complex regulations to deliver compelling experiences to …

Read More »

FDJ clears Swedish financial audit to proceed with Kindred €2.6bn buyout

SBC News FDJ clears Swedish financial audit to proceed with Kindred €2.6bn buyout

Groupe Française des Jeux (Groupe FDJ) has announced that it has received regulatory approval by Finansinspektionen, Sweden’s Financial Supervisory Authority, to proceed with its offer to acquire Kindred Group Plc. The Paris Euronext gambling group secures its Swedish market’s financial authorisation to formally launch its SEK 130 (€11.40) per share offer to acquire Stockholm-listed Kindred Group, a deal announced on …

Read More »

FDJ maintains growth as lotto loses shine in 2023

SBC News FDJ maintains growth as lotto loses shine in 2023

Groupe FDJ lauds its improved operating efficiencies to overcome a year of stagnant results in its flagship Française des Jeux (FDJ) lottery offering. This morning, the Paris Euronext gambling group published its full-year 2023 accounts, declaring corporate revenues of €2.61bn, up 6% on FY2022 comparative income of €2.46bn. Corporate leadership underlined new efficiencies achieved in 2023, as FDJ’s recurring EBITDA …

Read More »

Kindred confident in success of joint ATG and Svenska Spel RG initiative

Kindred Group - Nils Andén, Tom Banks

Kindred’s responsible gambling initiative has picked up pace once more thanks to its collaboration with Sweden’s ATG and Svenska Spel.  The three operators, with the latter two being state-backed companies, started working together back in 2022 with the common goal of addressing the issue of problematic gambling behaviours in the Swedish market. Since then, the trio have been releasing joint …

Read More »

Kindred’s Unibet signs up Optimove as exclusive CRM partner

SBC News Kindred’s Unibet signs up Optimove as exclusive CRM partner

Kindred Group PLC-owned Unibet has announced a new partnership with Optimove that will see the former fully optimising its CRM marketing activities.  The strategic investment into Optimove by Unibet shows a continued commitment to scaling retention and player lifetime as a key growth indicator for the business.  Through Optimove’s CRM Marketing solution, Kindred will be able to “measure and attribute …

Read More »

Kindred hails improved customer interventions in latest Journey to Zero update

SBC News Kindred hails improved customer interventions in latest Journey to Zero update

Kindred Group Plc cites that improved customer interventions have led to a ‘slight decrease’ in revenue share generated from harmful gambling, recorded during the close of 2023. The Stockholm-listed gambling group continues to report on responsible gambling metrics and customer interventions on a quarterly basis as part of its ‘Journey towards Zero’- a social responsibility initiative launched in February 2021.  …

Read More »

Kindred nets largest ever ambassador deal with female boxers

SBC News Kindred nets largest ever ambassador deal with female boxers

Kindred has announced that three world champion women boxers have become brand ambassadors for its Unibet division. The new sponsorship of Raven Chapman, Ellie Scotney and Nina Hughes has been named the ‘largest ambassador deal with active female boxers in the UK’ – in terms of both length and value. Sam Mead, General Manager Kindred Group, emphasised: “Interest in women’s …

Read More »

Kindred builds up sportsbook offering with Stats Perform content

SBC News Kindred builds up sportsbook offering with Stats Perform content

Kindred has entered into an agreement with Stats Perform to enhance its proprietary sportsbook platform, Kindred Sportsbook Platform (KSP). Kindred and Stats Perform have signed a new agreement that will enhance the Kindred Sportsbook Platform (KSP) offering.  The deal will see Stats Perform’s RunningBall and Opta product suite being integrated into Kindred’s solution, accompanied by real-time sports data feeds and …

Read More »

FDJ puts Europe on notice with Kindred move

SBC News FDJ puts Europe on notice with Kindred move

The news that the board of Unibet’s parent company Kindred Group has approved a €2.6bn cash offer from La Française des Jeux (FDJ) comes at a crucial time for the online gambling industry in France, and further rocks the competitive landscape of European gambling across all verticals… For FDJ the announcement follows its acquisitions of Premier Lotteries Ireland and ZEturf …

Read More »

Kindred closes tough 2023 on stable results as key investors back FDJ takeover

SBC News Kindred closes tough 2023 on stable results as key investors back FDJ takeover

Kindred Group Plc has detailed improved financial results and corporate KPIs, closing full-year 2023 trading. The board of the Stockholm-listed online gambling group published a preliminary trading update due to the €2.6bn takeover offer tabled this morning by Groupe Française des Jeux (Groupe FDJ). Q4 results saw Kindred achieve period revenues of £313m, reflecting a 2% increase on 2022 comparatives …

Read More »