Tag Archives: unibet

Kindred aims to support ‘delivery of concrete actions’ with Women in Racing tie-up

Women in Racing has announced a partnership with Kindred Group and the Racing Foundation, with the two organisations supporting its ‘Racing Home’ project.  As a result of the triple agreement, Nasdaq Stockholm-listed sports betting operator Kindred and the Racing Foundation will provide funding for the Racing Home initiative, which has an objective of being a ‘cultural leader in the sports …

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Due diligence breaches see Unibet sanctioned by Danish authorities

Unibet has faced enforcement actions by the Spillemyndigheden, the Danish Gambling Authority, for breaches of anti-money laundering and due diligence requirements. The Kindred Group brand has been accused of failure to comply with due diligence rules and allowing a player to deposit DKK 1.4 million to his account between December 2016 and December 2018 without ‘sufficient knowledge about whether or …

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Unibet and Swedish Elite Football enhance safer gambling arrangement

Kindred’s Unibet brand has expanded its responsibility and safer gambling collaboration with Swedish Elite Football (SEF), a representative body for Sweden’s top two football leagues. The continuation of the partnership will see the 32 clubs and over 1,000 players – in addition to their coaches – from the top-tier Allsvenskan and second division Superettan receive online training courses in player …

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Kindred backs ‘Racing is Everyone’s Sport’ via Unibet

Kindred has made a commitment to support Great British Racing’s (GBR)‘Racing is Everyone’s Sport’ inclusivity campaign, in a strengthening of its CSR initiatives. The international Nasdaq Stockholm-registered gambling group’s Unibet sports betting operator served as the sponsor of the Unibet Becher Chase Day at Liverpool’s Aintree Stadium on Saturday. In doing so, Unibet encouraged jockeys participating in the race to …

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Anders Ström fund bulks up shareholding in Kambi to 20%  

Veralda Group, the investment fund of sports betting pioneer Anders Ström, has executed a series of share buys to increase its ownership in Kambi Group Plc.  This afternoon, Kambi disclosed that Veralda had completed three back-to-back tranches of Kambi transactions on the Stockholm Nasdaq, authorised between 27 October and 19 November 2021. It said: “Veralda Investment Ltd acquired 777,624 shares …

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Kindred outperforms seasonal lags as Q4 roadblocks loom

Kindred Group Plc maintains growth across all metrics, despite its sportsbook unit trading against post-EURO and COVID-19 ‘normalisation effects’.  Publishing its Q3 trading statement (period ending 30 September), Kindred registered group revenues of £298 million up 6% on corresponding 2020 results of £281 million. Revenue growth was attributed to the continued expansion of Kindred’s casino portfolio, which generated period gross …

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Kindred hails the operational and academic progress of its Safer Gambling programme

Kindred Group Plc continues its progress towards reaching its group-wide corporate objective of ‘0% revenue from harmful gambling by the end of 2023’.  Publishing its latest safer gambling update, the Stockholm-listed online gambling group saw its share revenue from harmful gambling decrease to 3.3% from 4.3% recorded during Q2 2021 trading. The results represent Kindred’s lowest % share since the …

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Norwegian government moves forward with overseas gambling block

The Norwegian Government has progressed with its plans to block overseas betting and gaming operators, according to local outlet Norway Today. Norway’s Minister of Culture and Equality, Abid Raja, is reportedly targeting a number of overseas  firms, including Betsson and Unibet, arguing that the online activities of these companies should be prohibited.  “These companies do what they can to circumvent …

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Unibet hails success of 30/30 Fund supporting Swedish Sports diverse make-up

Unibet, the flagship sportsbook brand of Kindred Group Plc, has maintained its home market CSR commitments by announcing the recipients of its 30/30 Fund in support of Swedish sports clubs, projects and organisations promoting fair-play, equality, inclusion and social mobility.  The 30/30 Fund was established in 2019 by Unibet, backing the grassroots sports fundraising initiatives of former Sweden and NHL …

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32Red & Unibet to serve as National League’s community partner

Kindred Group’s 32Red and Unibet sportsbook brands will serve as principal betting partners of the Vanarama National League – England’s highest tier of non-league football. A two-year partnership was agreed, with 32Red and Unibet to be promoted across the National League’s stadiums, digital and social media channels. Updating stakeholders, the National League underscored the brands proven credentials in participating in …

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