Tag Archives: unibet plc

Unibet Group officially changes name to Kindred Group Plc

Following today’s ‘Extraordinary General Meeting’ (EGM), shareholders of Stockholm-listed Unibet Plc have approved the firm’s proposed name change from ‘Unibet Group Plc’ to Kindred Group Plc. Updating company stakeholders, Unibet governance detailed that its expects its first full day of trading under the Kindred Group name to be on Monday 12 December 2016.  This September Unibet governance issued a corporate …

Read More »

First for Sweden…Unibet integrates BankID authentication system

Issuing a short corporate statement, Stockholm-listed European sports betting operator Unibet Group Plc (Unibet) has confirmed that it has become the first online gambling firm to integrate BankID in Sweden. Sweden’s BankID is a user electronic identification system which will allow the operator to action faster and more efficient authentication & verification processes for its customers In its corporate update, …

Read More »

Unibet on course for record year following consecutive ‘all-time high’ quarter performance

Stockholm-listed European sports betting operator Unibet Plc is on target to deliver its strongest ever full-year performance, following a consecutive ‘all-time high’ quarter performance for Q3 2016 (period ending 30 September). Updating the market, Unibet detailed that period group revenues had hit £142 million (Q3 2015: £83 million). Its strong revenue performance would see Unibet declare a period EBITA of …

Read More »

Anders Ström executes share sale through Veralda Investment

Anders Ström the founder and current Chairman of the Board of Unibet Group Plc (Unibet) has sold 1,493,800 shares in the Stockholm-listed European online betting operator. Issuing a market update, Unibet governance confirmed that Ström had executed the share sale through Veralda Investment Ltd on the 31 of August. Following the transaction, Veralda Investment owns 10,266,200 shares in Unibet, corresponding to approximately …

Read More »

Euro Delight! Unibet hits £38 million profits for H1 2016

Stockholm-listed European sports betting operator Unibet Plc, continues its strong 2016 momentum posting a consecutive ‘all-time’ revenue quarter in its latest interim results for Q2 and H1 2016 (unaudited period ending 30 June). Updating the market this morning, Unibet governance would detail that the company had recorded group revenues of £126 million for Q2 2016 (Q2 2015: £80 million), closing …

Read More »

Unibet sees XE performance gains against weakening £

Ahead of its Q2 2016 corporate update (scheduled for 27 July), Unibet Plc has detailed to investors that company performance will be boosted by positive exchange rate fluctuations. Updating the market, Unibet governance detailed that net foreign exchange yields made by its main operating currencies against the weakening GBP £ (see Unibet XE graph below) will prove favorable in its Q2 …

Read More »

‘All-time’ record breaking quarter sees Unibet close 2015 strongly

Stockholm listed betting operator Unibet Plc ended 2015 reporting an all-time record quarter performance for Q4 2015, which saw corporate revenues reach £111 million combined with underlying profits of £24.6 million. The operator’s strong year-end finish boosted 2015 results, as Unibet recorded FY corporate revenues of £354 million, up 13% on FY 2014’s £312 million. Publishing its unaudited year-end statement, …

Read More »

Unibet completes Stan James online acquisition

Unibet Plc Governance has confirmed the completion of its £19 million acquisition of UK bookmaker Stan James’ online assets. The Stockholm listed operator finalises its cash acquisition which was first announced on 10 July. Unibet Group plc will consolidate the online gambling business of Stan James Group plc as from today in its results. Unibet informed the market, that it …

Read More »

Unibet confirms €59 million iGame acquisition

Further news of amalgamation reaches the online gambling industry this August as European sports betting operator Unibet Plc today confirmed its agreement to acquire Malta based operator iGame Holding Plc.  Issuing a corporate statement detailing its intent, Unibet has placed a sum of €59 million (£41 million) cash for the complete acquisition of iGame services and its subsidiaries portfolio (http://igamegroup.com/#products) …

Read More »

Unibet reports record Q2 performance despite currency exchange rate impacts

European sports betting operator Unibet Plc, continues to be hit by negative currency exchange rate fluctuations on its core performance metrics for 2015.  Updating the market on its interim performance, Unibet has disclosed record group revenues for Q2 2015 which amounted to £80.5 million (Q2 2014 – £75.6 million). Unibet would record H1 2015 group revenues of £156.6 million up …

Read More »