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Industry
March 3, 2022
Kindred’s Unibet to Expand with Nine New Arizona Locations
Kindred Group announced today a new agreement in Arizona that allowed the group to obtain nine Limited Event Wagering Operator (LEWO) licenses and further expand the footprint of its flagship brand Unibet in the state. Unibet’s Expansion in Arizona The new agreement between Kindred Group and Turf Paradise granted Unibet nine new LEWO licenses for […]
Sports
February 28, 2022
Kindred to Double Workforce as Proprietary Sportsbook Ambitions Increase
Kindred Group is looking to take end-to-end control of its sportsbook platform, the company has confirmed. As part of that, the group is expanding its recruitment drive in a bid to bolster trading capabilities and continue to keep up with demand for its sports betting product demand. Kindred Group to Focus on Future Sportsbook This […]
Legal
February 16, 2022
Norway Regulator Warns Kindred Subsidiary of Daily Coercive Fine
The gambling regulator in Norway warned Kindred’s subsidiary of coercive fines daily unless illegal gaming offering isn’t discontinued. Trannel May Face Daily Coercive Fines in Norway, Warns Regulator The Norwegian Lotteries Authority, Lottstift, issued a warning against Kindred’s subsidiary Trannel International Limited on Tuesday. The regulator warned the subsidiary that it may face “coercive fines” […]
Business
February 9, 2022
Kindred and Kambi Sign a New Deal, Will Continue Working in the Future
Kindred Group and Kambi Group plc agreed to extend their sportsbook partnership. The three-year extension will be effective once the current contract ends (January 1, 2024). With this extension, the relationship between the two parties, which was originally formed in 2014, will continue to flourish as the companies are hoping to reach new heights. Kambi […]
Industry
February 7, 2022
Kindred’s Revenue From Harmful Gambling Goes up During Q4 2021
Kindred Group, the online gaming operator that hosts powerful brands like Unibet and 32Red and provides online poker, casino, bingo, and sports betting options, is determined to reach the zero percent revenue mark from harmful forms of gambling. Approximately one year ago, the group announced its bold plans. However, the latest Q4 numbers for 2021 […]
Business
January 25, 2022
Kindred Group Named Leading Employer in Sweden
According to a ranking compilated by the Career Companies Sweden AB, Kindred Group has been named one of Sweden’s top employers. Candidates shortlisted on this list undergo a thorough review by a panel of qualified jury members. Career Opportunities, Diversity and Growth As a result, Kindred Group is considered to be one of the best […]
Industry
January 20, 2022
Kindred Group Disapproves Sweden’s New Proposed Gambling Restrictions
Kindred Group has responded to the Swedish government’s proposal to reintroduce liability measures by saying that these types of temporary restrictions will have a detrimental effect on consumers. Instead of protecting consumers and improving safeguards, Kindred thinks that the measures will undermine the current progress achieved. The Measures Were Proposed on January 4 The Ministry […]
Business
December 20, 2021
Women in Racing Receives Further Support from Kindred Group
Kindred Group announced on Monday that it extended its funding toward the “Racing Home” project. The project that is supported by Kindred in collaboration with Women in Racing aims to raise awareness of the challenges working mothers face within the horse racing industry. Kindred Extends Its Support for Women in Racing By expanding the funding, […]
Business
December 20, 2021
Kindred’s Share Buy-Back Program Returned SEK600M to Shareholders
A buy-back program initiated at Kindred Group in July this year with the purpose to return excess cash to shareholders is now complete, announced today the gaming operator. Share Buy-Back Program Complete Kindred Group said it repurchased a total of 942,000 shares/SDRs in the period December 1-17, 2021 within the buy-back program the Board of […]
Sports
December 6, 2021
Kindred Supports the LGBTQ+ By Backing “Racing Is Everyone’s Sport”
The online gambling operator Kindred has vowed to support the Racing Is Everyone’s Sport initiative, run by Great British Racing, and help it in its corporate social responsibility inclusivity endeavors. Kindred Supports the LGBTQ+ The Racing is Everyone’s Sport campaign, alongside the soccer-oriented initiative Rainbow Laces, is a way to show that the sports community […]