Tag Archives: Kindred

Kindred maintains standing as top Swedish workplace

SBC News Kindred maintains standing as top Swedish workplace

Kindred Group has maintained its standing as one of Sweden’s top employers, recognised by independent employment organisation Karriärföretagen.   For a second consecutive year, Karriärföretagen named Kindred as one of Sweden’s best ‘Careers Companies’, an accolade granted following a rigorous evaluation process undertaken by a panel of HR experts.  Of distinction, judges praised Kindred’s “unique career and development opportunities for graduate …

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Kindred targets 90% greenhouse emissions reduction by 2027

SBC News Kindred targets 90% greenhouse emissions reduction by 2027

Kindred Group Plc has announced that its climate reduction targets have been validated by the Science Based Targets initiative (SBTi), a non-profit initiative created to drive climate action in the private sector.   The Stockholm-listed gambling group has updated its greenhouse gas reduction targets, which were originally outlined in 2020. New targets, developed in cooperation with SBTi, sees Kindred committed to …

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Kindred hailed as a top ‘Careers Company’ in Sweden 

SBC News Kindred hailed as a top ‘Careers Company’ in Sweden 

Kindred Group has been recognised amongst the best ‘Career Companies’ in its home market of Sweden by employment agency Karriärföretagen.  The accolade follows responses to Karriärföretagen’s ‘2022 Career Opportunities Survey’, which commended Kindred for its unique talent development capabilities and career progression opportunities available to employees. Established in 2011, Karriärföretagen’s survey tracks career development opportunities and work-related corporate directives across …

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Kindred lowers Norwegian exposure but maintains legal stance against Lottstift

SBC News Kindred lowers Norwegian exposure but maintains legal stance against Lottstift

Kindred Group has announced that its Trannel International subsidiary will temporarily withdraw its brands from operating in the Norwegian market.  This afternoon, Kindred published a statement detailing that as an ‘act of good faith’ Trannel would comply with desist orders demanded by Lottstift – Norway’s Gambling Authority.  The long-running dispute between Kindred and Lottstift reached a boiling point this September, …

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Unibet hit with $48k Ontario regulatory penalty for advertising breaches

SBC News Unibet hit with $48k Ontario regulatory penalty for advertising breaches

Alleged ‘advertising infractions’ have landed Unibet a financial penalty of $48,000, charged by the Alcohol and Gaming Commission of Ontario (AGCO). The sportsbook brand, a division of Stockholm-listed gambling group Kindred, has been active in the Ontario betting and gaming space since April, having secured entry shortly after market launch. Like many European and US-based firms, Unibet has targeted an …

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Kindred: Sports sponsorship a ‘peripheral issue’ in context of harm reduction

SBC News Kindred: Sports sponsorship a ‘peripheral issue’ in context of harm reduction

Ahead of the Premier League potentially severing or significantly limiting its ties with betting companies, Kindred’s UK General Manager has highlighted the positive impact such relationships can have.  Writing for Politics Home, Neil Banbury laid out the case that betting partnerships can provide an avenue for promoting responsible gambling, reducing harm due to the ‘unique links’ clubs have to communities.  …

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Kindred charged with SEK 10m lawsuit by Odd Molly founder 

SBC News Kindred charged with SEK 10m lawsuit by Odd Molly founder 

Swedish Media reports that Kindred Group faces a high-profile Stockholm legal challenge summoned by fashion designer Per Holknekt.  Yesterday, Expressen.se reported that Holknekt, the founder of online fashion retailer Odd Molly, had filed a Stockholm Tingsrätt (Court District) lawsuit against Kindred Group and its Swedish subsidiary Spooniker Ltd. Holknekt is reported to seek SEK 10m (€1m) in damages, accusing Kindred’s …

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Kindred H1 rocked by compounded KOA and Euro market drags 

SBC News Kindred H1 rocked by compounded KOA and Euro market drags 

Kindred Group Plc has reported a further frustrating quarterly trading period as business performance continues to be interrupted by short-term Euro market headwinds.  Publishing its H1 2022 interim trading results, the firm registered a 32% drop in year-to-date corporate revenues (B2C+B2B) to £485m (H12021: £716m). Reflecting a further trading period with no income generated from the Dutch market, Kindred reported …

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Betway expands Trustly partnership to UK market

SBC News Betway expands Trustly partnership to UK market

Betway has moved to bolster the payment options available to its UK customers, expanding the scope of its partnership with global account-to-account (A2A) transactions provider Trustly. The enhanced deal will see the Super Group online sports betting and gaming brand leverage Trustly’s open banking product, as the fintech service increases in popularity in the UK.  For Trustly, the agreement marks …

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Kindred withdraws Unibet from unviable German market 

SBC News Kindred withdraws Unibet from unviable German market 

Kindred Group has confirmed that its flagship Unibet brand will withdraw its presence from the German market as of 1 July.  The Stockholm-listed operator has informed local authorities that it has chosen to cancel Unibet’s sportsbook and virtual slots licence applications to participate in Germany’s Fourth Interstate Treaty on Gambling (GlüNeuRStv) regime. “Our long-term strategic direction sets out locally regulated …

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