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Business
October 28, 2021
Kindred Enters Choppy Seas with Challenging Q4 Results
Swedish betting operator Kindred has had a year of ups and downs. Kindred experienced gradual growth, hitting a 6% year-to-year increase in its revenues for the third quarter of 2021. However, it is currently growing through a major drop. Kindred’s Marks a Difficult Start to Q4 The operator’s fourth-quarter saw its revenues plummet by 61% […]
Industry
October 25, 2021
Kindred Continues on 0% Harmful Gambling Revenue Mission
Kindred Group continues to tackle problem gambling revenue with the group expressing confidence that its active measures to slash proceedings from vulnerable gamers have resulted in significant progress. Presently, Kindred Group estimates that only 3.3% of its revenue is generated from harmful gambling, citing data for the third quarter of 2021, and the group is […]
Business
October 1, 2021
Kindred Group Temporarily Ceases Servicing Dutch Players
A second European gambling group decided to cease operations in the Netherlands prior to the official launch of the market for licensed operators. Further Clarification Needed Malta-based Kindred Group announced yesterday that its operations in the Netherlands would cease on a temporary basis with immediate effect due to the official launch of the market for […]
Sports
August 13, 2021
Pittsburgh Steelers Name Unibet Official Sports Partner
Kindred Group’s sportsbook brand announced on Thursday that it is now an Official Sportsbook Partner of the Pittsburgh Steelers in Pennsylvania. Under the deal, Kindred and the Steelers will boost fan engagement and collaborate via digital and social media channels. Unibet Becomes Official Sports Partner for the Pittsburgh Steelers Ahead of the football season, Unibet […]
Industry
July 21, 2021
Kindred’s Efforts to Reduce Gambling Problems Pay Off
The second quarter of 2021 has resulted in 4.3% of the total revenue Kindred Group saw coming from “harmful gambling,” according to the company. The shared results are part of Kindred’s strategy to reduce problem gambling, Journey Towards Zero. Compared to the Q1 revenue in 2021, the revenue from harmful gambling has increased, but not […]
Business
July 2, 2021
Kindred Group Acquires Outstanding Shares at Relax Gaming
Kindred Group announced today it signed an agreement to buy the outstanding shares of online gaming supplier and third-party aggregator Relax Gaming. Payments Spread over 3 Years Kindred will pay initial cash consideration of €80 million ($95 million), out of a total value of €295 million ($350 million) for the outstanding 66.6% of shares, upon […]
Legal
April 23, 2021
Unibet Receives Mobile Sportsbook Permit in Virginia
Unibet Interactive, the US sports betting brand of Kindred Group, received this week a mobile sports betting permit in Virginia to expand its presence into 4 states. “We are excited to add Virginia to the growing list of states that Unibet and Kindred Group call home as we continue our expansion in the US market.” […]
Industry
April 14, 2021
Kindred Inks Global Payment Partnership with MuchBetter
Kindred Group inked a global payment partnership with MuchBetter, an award-winning payments company. Under the new agreement, Kindred brands will access MuchBetter’s payment app. Kindred and MuchBetter Ink a New Global Payment Partnership The award-winning payments company, MuchBetter, announced on Tuesday that it inked a new global payments partnership with Kindred Group. Under the agreement, […]
Industry
March 16, 2021
Kindred: The First Operator to Offer Gamban Software in the US
Under a new agreement, Unibet, which is a part of Kindred Group, is now able to provide its customers access to Gamban’s self-exclusion software. The partnership complements an existing agreement between Gamban and Kindred which dates back to 2017. Kindred Inks Agreement with Gamban for the US Market Leading online gambling operator, Kindred Group, announced […]
Legal
February 23, 2021
Technical Issue Exposes 32red Customers’ Personal Information
Due to a temporary glitch, customers logged in on the 32Red online casino website were able to see other customers’ financial and personal details due to a technical glitch in the company website server. 32Red Server Fault Uncovers 118 Customers’Data On February 18, 32Red experienced some technical issues that caused customers logged in at the […]