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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‘Unexpected’ is arguably one of the buzzwords that comes to mind when discussing the 2019/20 Premier League season, with bookmakers and fans surprised at league outcomes, the length of the season and the performance of some of the league’s biggest teams. Delivering a keynote speech on day two of the Betting on Sports Europe – Digital, James Tippett, Commercial Executive …
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Kindred Group Plc has disclosed that its fifth annual ‘Sustainable Gambling Conference’ will encourage its executive delegates to explore the question of ‘how technology can support a more sustainable industry?’ Due to take place on 21 October, Kindred’s sustainability conference will take place as an online event to accommodate COVID-19 measures. Each year Kindred invites executive guests from health services, …
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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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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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Unibet, the flagship sportsbook property of Kindred Group Plc, has announced its support of British horseracing’s #GoRacingGreen project – making UK racing accessible to those who suffer from mental health problems. The #GoRacingGreen project was launched in 2019 by racing enthusiast and entrepreneur Deborah Matthews, who openly blogged about how equine activities helped her overcome her struggles with mental health. …
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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 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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ESI’s Digital Summit has highlighted the growth of esports in terms of its global viewership and in its betting take-up. Yet, as esports becomes more popular, it heightens its risk of match fixing and corruption. One of the summit’s concurrent themes, esports and betting stakeholders observed and debated the complexities of maintaining esports integrity, amid distinct wagering intricacies and unique …
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Kindred Group has published its opinion submitted to the Swedish government on the proposal of new player protection measures, which it seeks to implement during the COVID-19 crisis. On 23 April, Sweden’s Health Minister Ardalan Shekarabi presented an emergency proposal to Riksdag, outlining a series of ‘temporary restrictions’ on online gambling operators as further COVID-19 public policy protection measures. Criticism …
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