Tag Archives: Henrik Tjärnström

Kindred calls on full North American exit

Nils Andén, Kindred CEO

Kindred Group Plc has announced its outright exit from all North American markets, as part of its ongoing strategic review overseen by a new executive leadership team. This morning investors were informed that “Kindred will exit the North American market with the expectation of completing this exit by the end of Q2 2024, subject to regulatory approval.” The Stockholm-listed online …

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Unibet founder Anders Ström reveals C-level rifts on Kindred’s future

SBC News Unibet founder Anders Ström reveals C-level rifts on Kindred’s future

Anders Ström, the enterprise founder of Kindred Group (formerly Unibet Plc) has detailed rifts between him and the former C-level team of the business led by ousted CEO Henrik Tjärnström.  In an interview with Swedish business news source Dagens Industri, Ström – who founded Unibet in 1997 – expressed his dissatisfaction at “being kept in the dark” from key strategic …

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Nils Andén to lead Kindred after Henrik Tjärnström steps down as CEO

Kindred

Henrik Tjärnström has resigned as CEO of Kindred Group, with Nils Andén named as his replacement by the firm’s Board of Directors on an interim basis. The outgoing CEO first assumed leadership duties of the Stockholm Nasdaq gambling group in July 2010, having stepped up from his joint role as Deputy CEO and Chief Financial Officer, a position he began …

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Kindred notifies CFO departure of Johan Wilsby

SBC News Kindred notifies CFO departure of Johan Wilsby

Kindred Group Plc has announced this morning that Johan Wilsby will leave his position as Chief Financial Officer (CFO) later this year.  An executive search process has been initiated to find the successor of Wilsby who has served as CFO of the Stockholm-listed online gambling group since September 2020. “Kindred is a dynamic company and Johan has been instrumental in …

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Kindred enters New Jersey with ‘improved customer experience and flexibility’

SBC News Kindred enters New Jersey with ‘improved customer experience and flexibility’

Kindred has officially gone live with its proprietary tech platform in New Jersey after receiving approval from the state’s Division of Gaming Enforcement last month. Through a richer set of analytics and data, the Sweden-based online gambling operator has outlined how it will bring a safer environment, an improved customer experience to the customers, better analytics and greater flexibility. Henrik …

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Kindred evaluates ‘merger or sale’ after Q1 revenue climbs to £306m

Kindred

Kindred Group cites a return to positive trading in Q1 2023 after a difficult 2022, with profit noticeably recovering from a major dip last year, but the firm has detailed that it will continue to assess ‘alternative options’ to maximise revenue. A recovery from dire 2022 The company updated its Stockholm Nasdaq-investors this morning that ‘encouraging improvements’ across the first …

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Kindred chips harmful revenue share down to 3%

Kindred Group - Nils Andén, Tom Banks

Kindred Group has reported progress on its ‘Journey to Zero’ safer gambling goal, reporting its lowest-ever share of revenue from harmful gambling of 3%. This marks a 0.3 percentage point decrease on the 3.3% registered in Q4 2022, which has been the most consistent figure throughout the Group’s mission since inception back in 2021. When the goal was first adopted, …

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Kindred takes ‘important step’ for North America footprint with New Jersey approval

SBC News Kindred takes ‘important step’ for North America footprint with New Jersey approval

After receiving final approval from the New Jersey Division of Gaming Enforcement, Kindred gets set to launch its proprietary platform in the state. Introducing its services to New Jersey, the Sweden-based online gambling operator aims to provide an enhanced customer experience, better analytics and improved flexibility. The platform, expected to go live in mid-May, was approved by the Division of …

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Kindred reiterates safer betting focus in UKGC penalty aftermath

Kindred reiterates safer betting focus in UKGC penalty aftermath

Following a £7.1m fine and an official warning against two of its UK businesses this morning, Kindred Group has placed confidence in its existing raft of sustainability measures. Issuing a response to the £4.2m and £2.9m penalties issued to 32Red and Platinum Gaming this morning by the UK Gambling Commission (UKGC), the betting group asserts that the failures responsible are …

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Kindred continues sustainability commitment despite ‘challenging’ year

SBC News Kindred continues sustainability commitment despite ‘challenging’ year

Kindred has published its combined Annual and Sustainability Report for the 2022 financial year, as it continues to pursue its corporate social responsibility (CSR) targets. Providing an introduction to the group as a company and its long-term strategy and key value creation drivers, the report also includes facts and figures, case studies, as well as ambitions and commitments within its …

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