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Sports
February 19, 2021
Magnus Carlsen to Help Kindred in Corporate Chess Championship
Chess grandmaster and current World Chess Champion, Magnus Carlsen, joins Kindred Group’s chess team. The company’s team is going to participate in the inaugural FIDE Online World Corporate Chess Championship. World Chess Champion Magnus Carlsen Joins Kindred Group’s Chess Team Kindred Group announced that it is sending a team to the first of its kind […]
Sports
February 9, 2021
Kindred Signs Entry Deals for Unibet in Arizona and California
Arizona and California have proven seductive markets for Kindred Group which has signed activation deals with the Quechan Tribe of the Fort Yuma Indian Reservation to gain an early entry into the states. Unibet Parent Company Seeks out Arizona and California as Gambling Markets Kindred Group is expanding its clout in the United States and […]
Business
February 8, 2021
Kindred to Battle High-Risk Gambling with Transparency Metrics
Kindred, an online gambling group, will promote safe gambling by publishing a transparency metric. Kindred Group Has Set a Course Towards 0% Revenue from Harmful Gambling Kindred Group, an online gambling operator that consists of 9 brands, will be the first to publish a report on its revenue generated from high-risk gamblers. It is part […]
Business
January 12, 2021
Kindred Group Q4 Gross Revenue Expected at All-Time High
Malta-based Kindred Group released a fourth quarter trading update today, stating the strong momentum from the previous business quarter continued throughout the final 3 months of the year, as total number of active customers increased by 11% and gross winning revenue reached an all-time high. Flying into the Fourth Quarter Coming out of a strong […]
Casino
January 12, 2021
1×2 Network Debuts Content Portfolio on Kindred Group’s Brands
1×2 Network is launching a number of its titles, developed by subsidiaries, with Kindred Group’s numerous iGaming brands. Kindred Group Rolls out 1×2 Network Content The 1×2 Network is debuting on over nine of Kindred Group’s dedicated iGaming brands as part of a new content partnership. 1x2gaming and Iron Dog Studios, the game development subsidiaries […]
Industry
December 24, 2020
Fines Paid by Gambling Businesses Exceed £44M in 2020
In 2020, gambling companies have been slapped with £44 million in total fines, or a 175-percent increase, reports GamblingIndustryFines.com. Industry Faces Numerous Fines in 2020 A new report by GamblingIndustryFines.com, a website that specializes in tracking penalties issued to international gambling operators, has reported over £44 million handed out in fines in the regulated gaming […]
Industry
December 21, 2020
EGBA Released Official Data Projecting 23% Drop in 2020
The European Gaming and Betting Association (EGBA), the industry body representing online gaming and betting operators licensed in the EU, released official data, stating that gambling revenues would drop by 23% in 2020 due to the material impact of the coronavirus outbreak. “Like many other sectors, Europe’s gambling sector has taken a hit from COVID-19 […]
Legal
December 9, 2020
Swedish Regulator Fines Spooniker and ATG Over Deposit Cap
Sweden’s regulator Spelinspektionen has ruled that Spooniker and ATG have breached the temporary player protection restrictions applied since the start of the pandemic. The decision says both online gambling regulators have failed to close a loophole allowing players to deposit money over the SEK5,000 online gaming limit. Players Used a Loophole to Play With Full […]
Industry
December 5, 2020
Stefan Lundborg Resigns From Kindred Due To Insider Crime Investigation
Stefan Lundborg is leaving his position as а non-executive director at Kindred Group after he became a subject of investigation for insider crime launched by the Swedish Economic Crime Authority (SECA) Stefan Lundborg is Subject to Investigation for Inside Crime by SECA Kindred Group has informed the public in a press release about the resignation […]
Business
December 3, 2020
Kindred’s Chairman Anders Ström Will Not Stand for Re-Election
Kindred Group announced today its founder Anders Ström would not stand for re-election to the company’s board of directors next year. The founder of Unibet would instead enjoy the fruits of his investments while spending more time with friends and family. No Re-Election for Ström Anders Ström told Kindred’s nomination committee December 3 that his […]