Tag Archives: Kindred

Former MGA CTO charged with money laundering and bribery

The Malta Gaming Authority (MGA) has confirmed that its former Chief Technology Officer (CTO) Jason Farrugia and his wife Christine Farrugia have been charged with a range of financial crimes.  These include money laundering, accepting bribes, fraud and trading in influence by abusing his leadership position as CTO of the MGA, according to The Times of Malta.  Additional charges include fraud …

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Kindred continues to support working parents with Women in Racing

Kindred has extended its partnership with Women in Racing on the Racing Home programme, which aims to educate stakeholders within the racing industry about motherhood and parenthood.  Racing Home has now launched an online educational portal as well as a rehabilitation programme and a podcast series to further support working parents. This offers guidance to mothers returning to riding post-pregnancy, as …

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Kindred renews support for Rangers’ mental health programme

Kindred Group has renewed its investment in the Team Talk programme which will see a ‘significant’ investment as Rangers Charity Foundation continues to work on its development. Boosted by initial funding received from the firm in 2021, Team Talk has already helped men across Glasgow to seek advice, help and encouragement in discussing their mental health. “The investment we are …

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Norsk Tipping CEO search concludes with Thor Gjermund Eriksen appointment

Norsk Tipping, Norway’s state-backed betting and lottery monopoly, has confirmed the appointment of Thor Gjermund Eriksen as its new CEO.  A career journalist, Eriksen most recently served as Director-General of the Norwegian Broadcasting Corporation (NRK), having held the position since 2013.  Although his tenure as NRK Director-General was not due to expire until 2025, Eriksen had previously detailed that he …

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Kambi ‘will not stand still’ after navigating 2021 trading hurdles

Kambi Group has asserted that it will maintain momentum on its international development and investment strategy in 2022, after overcoming hurdles in the Netherlands and with regards to some of its operator partners.  Publishing its full year trading results for 2021, the group revealed a 38% increase in revenue to €162.4 million, (2020: €117.7m), whilst profit before taxation stood at …

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Betting industry fights gender bias in International Women’s Day campaign

Professionals of the global betting market, such as Flutter, Kindred and DraftKings, are working on a campaign ahead of International Women’s Day 2022, to highlight examples of gender bias in the industry. Produced by Square in the Air and All-In Diversity, the project also aims to offer resources for companies and individuals seeking support, whilst the campaign includes  commitments from …

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Kindred to double headcount of new look sportsbook unit

Kindred Group Plc has launched a global recruitment drive to expand its trading capabilities, as the Stockholm-listed online gambling group prepares to take ‘end-to-end control’ of its sportsbook platform This February saw Kindred announce its biggest-ever technology directive, choosing to build its own proprietary sportsbook solution in order to reduce its reliance on third-party suppliers. Marked as a headline objective, …

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Kindred’s Nordic regulatory hurdles continue as Unibet faces Danish reprimands

Unibet has been handed one order and five reprimands by Spillemyndigheden, the Danish Gaming Authority, for ‘a number of breaches’ of KYC and AML requirements.  It was found that the Kindred sports betting brand’s AML strategy left the firm exposed to an increased risk of money laundering. In particular, the operator was found to have ‘not sufficiently made a risk …

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