Kindred Group Plc maintains growth across all metrics, despite its sportsbook unit trading against post-EURO and COVID-19 ‘normalisation effects’. Publishing its Q3 trading statement (period ending 30 September), Kindred registered group revenues of £298 million up 6% on corresponding 2020 results of £281 million. Revenue growth was attributed to the continued expansion of Kindred’s casino portfolio, which generated period gross …
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Kindred to wait for KOA licence at cost of £12m per month
Kindred Group has confirmed that it will temporarily cease its Dutch market activities choosing to abide with the KOA regime’s new ‘cooling-off’ command as its business awaits licensing approval. The Stockholm-listed operator was not featured amongst the 10 operators granted licences by regulator Kansspelautoriteit (KSA), launching the Netherlands KOA regime this morning. Kindred accepted the decision but urged KSA to …
Read More »René Jansen: Only 10 operators qualify for first KOA licensing window
There will be 10 licensed operators to start in the Netherlands’ new KOA online gambling regime, which will officially open on Friday 1 October. The development was disclosed by René Jansen, chairman of Kansspelautoriteit (KSA) – the Netherlands gambling regulatory authority – who was speaking to delegates of the Gaming in Holland Conference. The 10 applicants will be revealed by …
Read More »KSA provides guidance on KOA information-sharing duties
Kansspelautoriteit (KSA), the gambling regulatory authority for the Netherlands, has launched a consultation providing guidance to operators in relation to ‘policy rules on information sharing duties’. Terms of the Remote Gambling Act (KOA Act) dictate that licensed holders are ‘obliged to report relevant changes, behaviour and events’ to the KSA as the governing authority of the Netherlands regulated online gambling …
Read More »René Jansen to lead GREF’s collaborative forum
René Jansen, Chairman of Netherlands gambling regulator Kansspelautoriteit (KSA), has been appointed as the new Chairman of GREF – ‘The European Forum of Gaming Regulators’. The Dutch executive will serve as lead representative of the regulatory forum, which promotes collaboration and knowledge sharing between its 41 members working across 34 European gaming jurisdictions. Jansen will replace incumbent Jorn Stark, executive …
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