Tag Archives: Rolf Sims

Kindred decries Norwegian Trannel order as ‘unlawful’

SBC News Kindred decries Norwegian Trannel order as ‘unlawful’

Kindred Group has faced significant regulatory hurdles in the Nordic markets over the past week, with two of its subsidiaries falling foul of authorities in Norway and Denmark.  Last week, the Norwegian Lotteries Authority informed the Nasdaq Nordic-listed gambling group’s Trannel International brand that it would be hit with a daily fine of NOK 1.2 million (€120,000) if it does …

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Norwegian Chess Federation forgoes Unibet’s ‘controversial proposal’

SBC News Norwegian Chess Federation forgoes Unibet's ‘controversial proposal'

On Sunday night, the governance of the Norwegian Chess Federation Congress (NSF) voted against the ‘cooperation deal’ proposed by Kindred Group Plc flagship subsidiary Unibet. This June, Unibet marketing had propositioned a five-year principal sponsorship deal of the NSF, valued at NOK 50 million (€5m), representing Norwegian Chess’ biggest ever sponsorship. Lottstift, Norway’s national gambling regulator, would warn NSF governance ‘to …

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