Tag Archives: Kindred

Nasdaq-listed Scientific Games Corporation (SGC) confirms that it’s online gambling technology subsidiary SG Digital will power the US online casino platform and systems provisions of Stockholm-listed Kindred Group Plc. Updating the market, SG Digital informs that Kindred has selected its Open Gaming System (OGS) and Open Platform System (OPS) as lead technology and content solution for its US market profile. …

Speaking to Kindred Group Plc investors, Group CEO Henrik Tjärnström said that the Stockholm-listed online gambling group will demonstrate its capacity as it arrives at its ‘peak season’ of activity, entering the closing months of 2019. Tjärnström acknowledged a tough but anticipated H1 2019 trading period, in which Kindred has undertaken significant adjustments to realign its operations to be compliant …

Publishing its unaudited 2019 interim report (January-June), Stockholm-listed Kindred Group Plc has detailed confidence in its long-term prospects, as the company continues to adjust to new regulated market demands across its operating territories. Despite competing against a tough comparative period featuring World Cup 2018 trading, Kindred continued its positive revenue momentum by recording year-to-date group gross winnings of £450 million …

Stockholm-listed Kindred Group Plc has this morning confirmed that it will not pursue its licensing application for the regulated Spanish online gambling market. The European online gambling group details that it had begun its DGOJ licensing application process in December 2018. However, a strict deadline to adjust its platform provisions for Spanish market compliance requirements sees Kindred withdraw its application …

The 2018 Sports Betting Leader of the Year Sergey Portnov will be kicking off the Sport in Focus track at this year’s Betting on Sports conference. Sport in Focus is one of four tracks held on the first full day (18 September) of SBC’s flagship conference, which takes place at Olympia London from 17-20 September. Portnov, who took home the …

A potential tie-up between Norges Sjakkforbund (NSF) – Norway’s Chess Federation – and online bookmaker Unibet may turn into a political showdown for multiple national stakeholders. Norwegian media reports that NSF has been approached by Kindred Group Plc’s flagship sportsbook property Unibet, offering the federation a NOK 50 million (€5m) partnership – Norwegian Chess’ biggest ever sponsorship. Reacting to the news, …

‘Best Workplaces’ a UK index measuring employer and employee wellbeing have named industry incumbent Kindred Group Plc as one of the ‘top 30 workplaces’. The Stockholm-listed enterprise has ranked as a top UK workplace, as a large company employing 250-to-1000 staff members. In its review, Best Workplaces described Kindred as maintaining ‘a great working environment’ for its ‘diverse workforce’, with …

Stockholm-listed Kindred Group Plc reports a tough opening to its 2019 trading, as the online gambling group undertakes a series of adjustments related to its home market of Sweden. Publishing its unaudited Q1 2019 trading update , Kindred maintains its strong group revenue momentum recording ‘Gross winnings’ of £224 million (Q1 2018: £208m), However  Swedish market costs have impacted metric …

GVC Holdings and Hero Gaming are the two latest gaming operators to join the Swedish industry association Branschföreningen för onlinespel (BOS) which encourages probity, integrity and social responsibility for operators. The membership is set to apply to all gaming brands under the GVC and Hero umbrellas, including GVC’s bwin, PartyPoker and PartyCasino. For Hero, this will cover its Casino Heroes, …