Tag Archives: Kindred

Kindred lauds its ‘strict discipline’ delivering record growth

Kindred Group Plc has continued its run of delivering consecutive ‘all-time high’ quarter performances, with the group praising its scalable business model and operating discipline. Publishing its full-year 2020 results, the Stockholm-listed online gambling group achieved a record performance in customer activity, breaking the 1.75 million active player mark across its brand portfolio. High customer activity saw Kindred record all-time-high …

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July to August 2020 in Review: Betting beats the gloom as new horizons emerge

betting

As betting began to emerge from the difficulties of March and April, the future started to look slightly brighter as the industry began to assess its new options for a post-COVID environment. SBC – Betting emerges from the COVID storm … July saw no respite from politics which continued to dominate gambling’s agenda, as the UK government stalled on its …

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Diverse Kindred eyes record closing to 2020 trading 

Kindred Group has declared that its ‘diverse long-term business model’ and ‘cost focus’ will help the company deliver on all 2020 objectives, navigating a year of unprecedented business challenges.  Publishing its Q3 trading statement (period ending 30 September), Kindred has recorded group revenues of £280 million, reflecting a 24% increase on Q3 2019’s corresponding £226 million. Driving performance, Kindred stated …

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Kindred withdraws 32Red from Italian market

Kindred Group Plc has moved to consolidate its Italian market presence under its flagship Unibet sportsbook brand. The decision sees the Stockholm-listed operator retire its 32Red (32Red.it) subsidiary from the Italian market. 32Red had maintained an Italian sportsbook presence since 2012, prior to the firm’s £175 takeover by Kindred Plc in 2017, a strategic acquisition primarily undertaken to significantly boost …

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Kindred promotes ‘proven talent’ Erik Backlund to Group CPO

Kindred Group Plc has confirmed the promotion of long-term sportsbook lead Erik Backlund to the position of Group Chief Product Officer (CPO), further serving as a new member of the Stockholm-listed firm’s executive leadership team. The internal promotion sees Backlund replace Fredrik Kjell, who departed Kindred this autumn to join telecoms securities firm TrueCaller as chief operations officer. Updating investors, …

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betFIRST names Timothy Mastelinck as new marketing lead

Belgian sportsbook and casino operator betFIRST has confirmed the appointment of Timothy Mastelinck as its new Chief Marketing Officer. Mastelinck joins betFIRST having previously served as the Global Head of Sponsorships with Kindred and the Belgian Country Marketing Manager for Bwin. Commenting on his new role, Mastelinck stated: “I am very excited to take on this challenge with the leading …

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SBC Summit Barcelona – Digital: Winning with Free-to-Play

SportCaller

Fresh from his #SBCSummitBarcelona presentation, SportCaller MD Cillian Barry (pictured) unpacked the progressive rise of free-to-play (FTP) as a global force and a vertical in its own right. In our lifetimes, no chapter change has been as stark as when COVID-19 flipped the script, sending shockwaves and plot twists throughout every industry imaginable. Of course, the gambling sector was no …

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Kindred marks fastest route to ‘normal trading’ as it delivers H1 growth

Kindred Group Plc stated that it has demonstrated its capacity as a ‘resilient and adaptable business’ by delivering growth across all core metrics during unprecedented times. Publishing its 2020 Interim statement, Kindred has recorded Q2 group revenues of £235m, up 4% on corresponding 2019’s £226m, as 2020 year-to-date revenues stand at £484m (YTD2019: £450m). Updating investors, Kindred stated that in …

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Kindred: Spelinspektionen has failed in its management of Swedish marketplace

Kindred Group has issued a public statement lambasting Swedish gambling inspectorate Spelinspektionen‘s management of the country’s re-regulated online gambling marketplace. Operating as Sweden’s largest licensed online gambling incumbent, Kindred said that inefficient measures implemented by Spelinspektionen have scuppered the regulated market’s objective of securing 90% channelisation by 2022. Kindred issued its rebuke of Spelinspektionen as the Swedish government moves to …

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Kindred launches new ‘Fair Sports 4 All’ educational programme with EFDN

Kindred Group has launched it’s new ‘Fair Sports 4 All’ project in collaboration with the European Football Network (EFDN) to educate all sports stakeholders about combating match-fixing and safeguarding integrity. Fair Sports 4 All is a 36-month directive providing educational tools, digital resources, training and further information on reporting match-fixing and suspicious activities to relevant authorities (local and international). Helping …

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