Tag Archives: Kindred

Kindred marks fastest route to ‘normal trading’ as it delivers H1 growth

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: Spelinspektionen has failed in its management of Swedish marketplace

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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Kindred launches new ‘Fair Sports 4 All’ educational programme with EFDN

Kindred Group has launched it’s new ‘Fair Sports 4 All’ project in collaboration with the European Football Network (EFDN) to educate all sports stakeholders about combating match-fixing and safeguarding integrity. Fair Sports 4 All is a 36-month directive providing educational tools, digital resources, training and further information on reporting match-fixing and suspicious activities to relevant authorities (local and international). Helping …

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Kindred suspends dividend payouts to protect company’s liquidity

Stockholm-listed Kindred Group Plc has reported a strong start to 2020 trading as part of a corporate update on COVID-19 developments but has been forced to suspend dividend payments as a result of the outbreak. Despite facing unprecedented circumstances, Kindred has forecasted group gross win revenues within the £247-252 million range, maintaining growth against Q1 2019’s £225 million.  This is …

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Unibet signs ‘Mozart of Chess’ Magnus Carlsen as brand ambassador

Unibet, the flagship European sportsbook property of Kindred Group Plc, has signed Chess Grandmaster Magnus Carlsen as a ‘Global Brand Ambassador’. Carlsen has joined the bookmaker’s stable of sporting figureheads to promote fair play and responsible gambling. Nicknamed the ‘Mozart of Chess’, Carlsen – a Grandmaster since the age of 13 – has reigned in all formats of the game …

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SBC continues to grow media operation with SlotBeats addition

SBC has continued to grow to its news network with the launch of SlotBeats, sister site to leading online and land-based casino news portal CasinoBeats.  SlotBeats is the latest addition to SBC’s expanding media operation, which includes websites that attract a monthly audience of more than 170,000 unique visitors from the gambling and sports industries, as well as the SBC …

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New academic study details new insights on player deposit limits

The academic journal on ‘Cyberpsychology, Behavior and Social Networking’ has published insights and learnings from a study reviewing ‘the effects of voluntary deposit limit-setting on long-term online gambling expenditure’. The study undertaken by the research team of Michael Auer, Niklas Hopfgartner and Mark D. Griffiths (Nottingham Trent University) evaluates the efficiency of responsible gambling tools in which customers set predetermined …

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DCMS ‘very angry’ over FA streaming rights deal

The Department for Digital, Culture, Media and Sport has weighed in on the debate surrounding the Football Association’s streaming rights, with Sports Minister Nigel Adams saying that the government is ‘very angry’ with the current arrangement. Reported by the BBC, Adams has confirmed that the government is due to be holding talks with the FA regarding the sale of its …

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Rooney links with 32Red for ‘Stay In Control’ series

Former England captain Wayne Rooney has collaborated with 32Red as the firm emphasises its focus on responsible gambling with the launch of its ‘Stay In Control’ series. The opening episode of the series saw Rooney joined by former football league midfielder Scott Davies, who currently does extensive work in promoting the risks of gambling with Epic Risk Management.  Hosted at …

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Home market adjustments impact Kindred’s YTD profits

Replicating market-wide trends, Stockholm-listed Kindred Group Plc cannot escape ‘challenging core market conditions’ as the company continues to experience headwinds in Sweden and the Netherlands. Publishing its latest year-to-date interim trading statement (unaudited period Jan-Sep 2019), Kindred maintains a positive revenue momentum at £677 million (YTD2018: £ 658m) – as governance underlines ‘strong locally licensed revenue growth at 33%’, highlighting growth …

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