Gross gaming revenue for the esports sector is expected to reach $960m by 2026, according to a new white paper released by Abios and Kambi. The whitepaper, entitled ‘Bring esports into play’, discusses how sportsbooks can effectively engage and retain audiences within the esports space, as well as looking at the ways in which operators can “navigate different regulatory requirements …
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Unibet fronts ‘community first’ sponsorship with AFC Ajax
Kindred Group has announced that its flagship brand Unibet has become a community partner of AFC Ajax, Dutch football’s most historic and prestigious club. Ajax will join Unibet’s roster of European football sponsorships, promoting safer gambling, mental health awareness, community engagement and social mobility/access to football. “Kindred Group plc (Kindred) and its flagship brand Unibet enter a commercial partnership with …
Read More »Kindred withdraws Unibet from unviable German market
Kindred Group has confirmed that its flagship Unibet brand will withdraw its presence from the German market as of 1 July. The Stockholm-listed operator has informed local authorities that it has chosen to cancel Unibet’s sportsbook and virtual slots licence applications to participate in Germany’s Fourth Interstate Treaty on Gambling (GlüNeuRStv) regime. “Our long-term strategic direction sets out locally regulated …
Read More »Bookies Corner: Nerves on edge for epic Premier League curtain closer
On Sunday, the Premier League will settle a season with more twists and turns than the WAGagatha Christie affair! With title, relegation and Euro places to be decided on the final day of play – SBC checks in on how bookmakers’ nerves are faring, pricing and predicting the curtain closer to the most vintage of football seasons… SBC: With the …
Read More »Kindred sharpens proprietary focus to counter post-covid global realities
Kindred Group Plc remains optimistic of its long-term prospects, as short-term European market headwinds have ‘applied temporary pressure to its headline revenue and profits’. Publishing its Q1 trading statement (unaudited period ending 31 March), Kindred registered corporate revenues of £247 million, down 31% on corresponding 2021 results of £352 million. A tough opening to 2022 trading saw Stockholm-listed online gambling …
Read More »Kambi guarantees Day-1 presence for Ontario partners
Kambi Group Plc has communicated to its North American sportsbook partners that it has secured its ‘day-1 presence’ for the launch of Ontario’s online gambling regime on 4 April The Stockholm-listed sportsbook technology supplier has obtained its trusted supplier accreditation by provincial regulator the Alcohol and Gaming Commission of Ontario (AGCO). The approval will allow Kambi to supply its sportsbook …
Read More »Kindred lauds open customer feedback to help secure sustainability goals
Kindred Group Plc has published its Sustainability Report for 2021, updating investors and corporate stakeholders on the progress of its long-term CSR objectives and underlining a sustainable operating strategy. Entering 2021, Kindred’s executive leadership team announced that the Stockholm-listed operator would become the first online gambling plc to report on safer gambling and sustainability metrics as a financial duty. The …
Read More »Gamban launches Spanish-language service across multiple countries
Gamban has expanded the international scope of its blocking software, launching an official Spanish language service available in multiple countries. The service can be downloaded in all Spanish-speaking nations, but the online gambling blocking company has noted that in Spain, the gambling authorities and government have become increasingly focused on safer gambling. Notably, the Spanish Competition & Markets Commission (CNMC) …
Read More »Kindred to double headcount of new look sportsbook unit
Kindred Group Plc has launched a global recruitment drive to expand its trading capabilities, as the Stockholm-listed online gambling group prepares to take ‘end-to-end control’ of its sportsbook platform This February saw Kindred announce its biggest-ever technology directive, choosing to build its own proprietary sportsbook solution in order to reduce its reliance on third-party suppliers. Marked as a headline objective, …
Read More »Kindred subsidiary told to exit Norway or face daily coercive fines.
The Norwegian Lotteries Authority has warned Kindred Plc subsidiary Trannel International that it will be sanctioned with a ‘coercive fine’ of NOK 1.2 million (€120,000) per day if it does not cease its unlicensed activities immediately. A statement issued by Lottstift – Norway’s gambling regulator – has confirmed that Norwegian authorities will take the toughest disciplinary approach against repeat offender …
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