Kindred Group has signed a new global payments partnership with MuchBetter, which will see its entire brand portfolio gain access to the digital payment specialist’s smart e-wallet app. Through the agreement, the payment app will be made available to players across all Kindred brands, starting its roll-out with Unibet, Bingo.com and Maria Casino. Operating since 2017, MuchBetter is a digital …
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Stockholm-listed Kindred Group Plc has become the latest to fall foul of Swedish gambling inspectorate Spelinspektionen’s rules on customer bonusing and incentives. Spelinspektionen has confirmed that it has issued Kindred a fine totalling SEK 100 million (€9m) following an inspection undertaken across its Swedish brand portfolio. The regulator stated that Kindred’s flagship Unibet brand, as well as subsidiaries Maria Casino, …
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The Gambling Commission has told the industry it needs to be seen to ‘step up on social responsibility’ after Platinum Gaming, which is licensed to operate Unibet.co.uk and uk.bingo.com, became the latest company to make expensive failures in its social responsibility and anti-money laundering procedures. Following a Gambling Commission investigation, the company has agreed to pay £1.6 million in a settlement with …
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Publishing its unaudited full-year 2018 results, Stockholm-listed online gambling firm Kindred Group Plc said it has increased confidence in its future prospects after overcoming new industry challenges and increased regulatory demands. Updating the market, Kindred closes 2018 trading reporting record levels of customer activity across its verticals, as Q4 2018 group revenues hit a further ‘all-time high’ of £250 million …
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Unibet has completed the acquisition of the Bingo.com domain and its related European operations and customer base. The operator reached a deal with holding company Bingo.com Ltd for a total deal value of $8 million. The $8 million deal will see Unibet pay Bingo.com Ltd $2 million in cash for its brand and operations. Bingo.com Ltd will further gain a …
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