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Poker
May 14, 2020
32Red Shuts Poker Down, Unibet the New Destination
In anticipation of the MPN shutdown, Kindred-owned 32Red has sent an email notifying player that the company will suspend its poker operations, referring players to Unibet Poker. 32Red Shelves Poker Vertical After MPN Closure Ahead of the forthcoming Microgaming Poker Network (MPN) closure due on May 19, British gaming giant 32Red has announced that it […]
Business
April 27, 2020
Kindred Group Posted 11% Revenue Growth for First Quarter 2020
Malta-based Kindred Group issued its January-March 2020 interim report, posting first quarter winnings of £249.7 million, an 11% increase in revenue compared to the same period in 2019. Underlying earnings before interest, tax, depreciation, and amortisation /EBITDA/ amounted to £42.5 million, despite £20.7 million of comparability cost adverse effect. Sports Betting the Main Driver Despite […]
Business
April 10, 2020
Kindred Cuts 75 Jobs, Adapts to New Market Realities
Adapting to new market realities, Kindred Group is shedding 75 jobs across its offices in Europe. Outgoing employees will receive the support they need and deserve, the Group said. Kindred Group Announces 75 Job Redundancies in Europe Malta-headquarter provider of iGaming solutions, Kindred Group, will lay off as many as 75 employees around the world, […]
Legal
March 19, 2020
Swedish Gambling Authority Slaps Kindred With $10M Fine
The Kindred Group which is one of the most popular online gambling operators on the planet has recently run into some trouble in the Swedish market. Spelinspektionen, the Swedish Gambling Authority has recently fined the online gaming company with a record SEK100 million (about $10.1 million) for some violations it made against the country’s gambling […]
Business
February 12, 2020
Kindred Group Signs Deal with Caesars Entertainment
Kindred Group, the operator of the Unibet brand, continued its expansion in the U.S., entering Iowa and Indiana after signing an agreement with Caesars Entertainment to roll out sports betting and online gaming services for the casino operator in both states, subject to the passage of the respective laws and contingent on the necessary regulatory […]