Tag Archives: unibet

To the surprise of industry observers, Hungary’s parliament will review draft legislations aiming to liberalise the nation’s sports betting market. Regulus Partners reviews the market clauses proposed by drafts legislations to envision how Hungary’s sports betting regime may take shape post its full monopoly status…   Hungary is one of the few countries remaining in the EEA which has an online …

Two pieces of draft legislation have been submitted to the Hungarian Parliament with the goal of liberalising the country’s betting market, effectively ending the monopoly of the state-operated Szerencsejáték Zrt. The legislation, titled no. 2022/66/HU and no. 2022/67/HU respectively, seek to establish a licensing regime for private operators based on two previous European Court of Justice (CJEU) decisions in favour …

Kindred Group Plc has navigated the significant headwinds of a tough fourth quarter trading period to deliver investors what it cited as ‘its strongest year to date’.  Publishing its unaudited 2021 results, the firm has registered full-year corporate revenues of £1.259bn, up 11% on corresponding FY2020 results of £1.130bn. 2021 headline performance was maintained despite significant events impacting Kindred’s year-end …

Unibet the flagship sportsbook of Kindred Group Plc, has renewed its commitments as a partner of French amateur football’s #AuCoeurDuFootball program.  For a fourth consecutive season, Unibet will provide team jerseys and kits for matchday volunteers of #AuCoeurDuFootball syndicated leagues played across French provinces. Unibet has been a partner of French amateur football since 2019, helping the bookmaker directly support …

Britt Boeskov has announced that she has ended her 17-year tenure as an executive of Kindred Group Plc.  This weekend, Boeskov posted an update on Linkedin confirming that she had resigned from her duties as Kindred’s Chief Experience Officer, a position she had held since 2019. A key member of Kindred’s executive leadership team, Boeskov joined the company back in …

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 …

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 …

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 …

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 …

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 …