Tag Archives: unibet

Kindred adds transparent safer gambling metrics to group reports

Kindred Group Plc has become the first industry incumbent to publish its share of corporate revenues ‘derived from harmful gambling’. The Stockholm-listed online gambling group will publish its new ‘transparency metric’ as part of its safer gambling mandate, in which the company seeks to achieve – ‘zero per cent of revenues from harmful gambling by 2023’. Updating its corporate stakeholders, …

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Kindred promotes Andreas Reimblad to group sportsbook lead 

Kindred Group Plc has confirmed the internal promotion of Andreas Reimblad who will assume the senior management position of Group Head of Sportsbook.  Reimblad will take over from former incumbent Erik Backlund, who was promoted to Chief Product Officer (CPO) of the Stockholm-listed online gambling group last year. Mirroring his predecessor, Kindred stated that Reimblad had proven his capacity and …

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Kindred closes 2020 trading with ‘strongest quarter ever’

Kindred Group Plc has has recorded its ‘strongest quarter ever’ after publishing a trading update on its Q4 2020 activities. Ahead of disclosing its full-year trading results on 10 February 2020, Kindred stated that it has recorded an ‘all-time high’ in group revenues, predicting figures of approximately £365 million – a 55% increase on the corresponding period in 2019.  The …

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Stefan Lundborg resigns from non-exec Kindred role pending SECA investigation

Kindred Group Plc has informed investors that corporate advisor Stefan Lundborg has resigned from all duties as a non-executive director with immediate effect.  The resignation is related to Lundborg being investigated for ‘insider crime’ by the Swedish Economic Crime Authority (SECA), for which Kindred has offered its full cooperation with the public prosecutor and SECA agencies. Kindred stated that it …

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Unibet founder Anders Ström ends Kindred chairmanship

Kindred Group Plc has informed investors that company founder Anders Ström will not seek re-election as Non-Executive Chairman. Lauded as an industry figurehead, in 1997 Ström founded Unibet – Kindred’s original business enterprise – as a telephone betting service to take wagers for Swedish customers Ström issued the following personal statement on his decision not to pursue re-election: “Some years …

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Kindred Group aligns with Middlesbrough FC in community initiative

Image of Middlesbrough FC's Riverside Stadium

Kindred Group has donated its shirt sponsorship of Middlesbrough FC to the MFC Foundation as part of a new agreement with the Championship club to strengthen its links with community initiatives. The online gambling operator, which owns sports betting and casino brands 32Red and Unibet, is one of Boro’s principal partners. The two parties currently promote safer gambling practices through …

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Diverse Kindred eyes record closing to 2020 trading 

Kindred Group has declared that its ‘diverse long-term business model’ and ‘cost focus’ will help the company deliver on all 2020 objectives, navigating a year of unprecedented business challenges.  Publishing its Q3 trading statement (period ending 30 September), Kindred has recorded group revenues of £280 million, reflecting a 24% increase on Q3 2019’s corresponding £226 million. Driving performance, Kindred stated …

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Kindred withdraws 32Red from Italian market

Kindred Group Plc has moved to consolidate its Italian market presence under its flagship Unibet sportsbook brand. The decision sees the Stockholm-listed operator retire its 32Red (32Red.it) subsidiary from the Italian market. 32Red had maintained an Italian sportsbook presence since 2012, prior to the firm’s £175 takeover by Kindred Plc in 2017, a strategic acquisition primarily undertaken to significantly boost …

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BOSE Digital: Oddschecker breaks down ‘record-breaking’ Premier League campaign

‘Unexpected’ is arguably one of the buzzwords that comes to mind when discussing the 2019/20 Premier League season, with bookmakers and fans surprised at league outcomes, the length of the season and the performance of some of the league’s biggest teams. Delivering a keynote speech on day two of the Betting on Sports Europe – Digital, James Tippett, Commercial Executive …

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