In an interview with the Racing Post, Henrik Tjärnström Chief Executive of Stockholm-listed Kindred Group Plc has revealed that his firm will shut down UK brand Stan James, in order to concentrate its UK market activity through group flagship brand Unibet. Kindred Group expects to carry out a full migration of Stan James customers onto Unibet’s sports betting platform within …
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Stockholm-listed, European gambling operator Kindred Group Plc has awarded its UK media planning and buying account to London marketing agency Initiative UK. The new agency will now lead the media strategy and execution for Kindred’s multi-million £ UK advertising account, across group brand portfolio of; Unibet, Stan James, Bingo.com and Maria Casino. Part of IPG Media Brands, Initiative UK takes over …
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Updating the market, Stockholm-listed European online gambling group Kindred Group Plc (Kindred) has confirmed that it has completed it’s £175 million acquisition of 32Red Plc (deal first announced 23 February). The announcement sees Kindred acquire 97% of 32Red Plc’s shares, which will now move to fully delist from the London AIM exchange market. Kindred governance informs that it has attributed …
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Presenting Q1 2017 results, Kindred Group CEO Henrik Tjärnström has stated his firm will move to become a UK market player following the acquisition of 32 Red Plc for £175 million (deal announced February 2017). Kindred’s leader was pleased to have secured his firm’s thirteenth online gambling brand, adding a further renowned asset to Kindred’s regulated market portfolio. Tjärnström told …
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Releasing its unaudited year-end report, Stockholm-listed European sports betting operator Kindred Group Plc (formerly Unibet Group Plc) is likely break it all-time revenue and earnings performance for full-year 2016. The enlarged operator was able to post a further consecutive all-time revenue generating quarter of £152 million for Q4 2016 (Q4 2015: £111 million). Kindred would record a period underlying EBITDA of …
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The Bookmakers Technology Consortium (BTC) has confirmed that its audio channel, which will incorporate content from both the SIS FACTS and TRP channels, is scheduled to go live by January 1. The audio channel, which has signed up over 450 shops in less than a week, will be managed from the BTC studio in Ashington, Northumberland and delivered by SIS …
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Retail technology company Best Gaming Technology (BGT) has confirmed that it will supply 83 widescreen terminals to new Stan James betting shops. Euan McCormick, Stan James director, said: “We have recently completed the deployment of 30 widescreen Storm terminals into our estate. Following our acquisition of the Coral/Ladbrokes shops, it was clear that we would need to have an enhanced product …
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Stockholm-listed European sports betting operator Unibet Plc is on target to deliver its strongest ever full-year performance, following a consecutive ‘all-time high’ quarter performance for Q3 2016 (period ending 30 September). Updating the market, Unibet detailed that period group revenues had hit £142 million (Q3 2015: £83 million). Its strong revenue performance would see Unibet declare a period EBITA of …
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Steve Fisher, founder and chief executive of the independent UK retail bookmaker Stan James, has revealed this week that the firm has adopted the OPTIMA serverless electronic point of sales system (EPOS) and that it has been already installed and live in its entire estate. Fisher, who heads up one of the fastest growing independents in the UK, explained: “The new OPTIMA EPOS software platform …
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Publishing its trading update for Q4 2016 (12-week period ending 25 September), Gala Coral expects to report an 8.9% group net revenues uplift on corresponding 2015 performance. In what may likely be its last financial update as an independent gambling operator, Gala Coral stated that its performance had been driven by the continued growth of its digital division, which reported …
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