Tag Archives: unibet

Kindred fails to match ‘ambitious expectations’ as 2022 profits tumble by 60%

kindred

​​Kindred Group will take “immediate actions to improve profitability” following 2022 difficulties, which saw its business witness double-digit declines across all core trading metrics.   A ‘difficult year’ had been previously outlined by Kindred leadership, as revenue declined by 15%, despite a performance bounceback in the fourth quarter, although this too fell short of group ambitions. In its trading update for …

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Kindred proposes five new Board members whilst re-electing standing four

kindred

Kindred Group’s Nomination Committee has proposed five new members of the company’s Board, with the ultimate decision to take place at the company’s 2023 AGM. Cédric Boireau, Jonas Jansson, Andy McCue, Martin Randel and Kenneth Shea have all been chosen to join the firm’s senior leadership and guide its 2023 strategy.  Additionally, four sitting members of the Board have also …

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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’s Unibet threatened with €6m fine in STS Poland lawsuit

Poland Warsaw District Court - STS Unibet suit

STS Gaming Group has initiated a lawsuit against Kindred Group’s Unibet sportsbook subsidiary, accusing the firm of violating Polish law and targeting consumers in the country. Recognised as Poland’s largest bookmaker, STS has charged Unibet with illegally conducting business via operational and marketing activities without a nationally approved licence. Allegations against Unibet include ‘many years of illegal activity’ such as …

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Puerto Rico publishes long-awaited business authorisations for sports betting

SBC News Puerto Rico publishes long-awaited business authorisations for sports betting

The Commonwealth of Puerto Rico has named the seven businesses that have been licensed to operate online sportsbook services within the US overseas territory.  A long-awaited update to Puerto Rico’s sports and gambling legislature saw Jaime Rivera-Emmanuelli, who serves as interim director of the Puerto Rico Gaming Commission (PRGC) disclose the identities of the seven firms.  The PRGC has authorised …

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Unibet re-enters the cycling community with Tour de Tietema sponsorship

SBC News Unibet re-enters the cycling community with Tour de Tietema sponsorship

Unibet has partnered with Dutch cycling team Tour de Tietema, becoming its main sponsor and therefore rebranding it as the TDT-Unibet Cycling Team. From January 2023, the Kindred-owned operator will work with the team in the aim of inspiring sports enthusiasts to start cycling themselves.  “We are extremely proud to work together with Tour de Tietema,” commented Lennart Kessels, General …

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Kindred partners with Gamban for Unibet France blocking rollout

unibet kindred group

Unibet has become the first operator in France to offer Gamban’s blocking software to its customers, after parent company Kindred Group signed a partnership with the safer gambling solutions provider.  Kindred sponsored Gamban’s tranformation for French customers. The platform was previously unavailable in the French language – in order to boost the accessibility and reach of the software, which will …

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Kindred focused on 2025 vision as Dutch KOA storm finally clears

Kindred

Kindred Group Plc details “signs of improved profitability and scalability” against continued 2022 headwinds impacting its financial performance across Western European markets.  Publishing its interim results for January-September and a trading update for Q3,  the Stockholm-listed online gambling group revealed that pan-European revenues were still struggling due to a long-term absence from the Netherlands. Q3 trading saw Kindred register a …

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Kindred to promote Zero % Mission for Safer Gambling Week

SBC News Kindred to promote Zero % Mission for Safer Gambling Week

Kindred Group will donate the shirt sponsorships of Middlesbrough and Rangers FC to help promote Safer Gambling Week (#SGWeek2022) taking place from 17-23 October. During Safer Gambling Week, the firm’s flagship brand of Unibet and UK online casino 32Red will be replaced by a “Zero % Misson” logo displayed on the front of Middlesbrough and Ranger FC matchday shirts. The …

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