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Business
April 18, 2024
FDJ Posts Q1 Results, Confirms Readiness to Acquire Kindred
La Française des Jeux (FDJ), France’s leading gaming operator, has published its Q1 results, reporting an increase in revenue. The group experienced significant growth across several segments and reaffirmed its acquisition of Kindred Group. Gaming revenue in France reached EUR 645 million ($688 million), up 3% year-on-year. Total revenue for Q1 2024, on the other […]
Business
March 13, 2024
Kindred Highlights Achievements in 2023 Annual and Sustainability Report
One of the world’s leading online gambling operators, Kindred Group, released its 2023 Annual and Sustainability report, highlighting a number of accomplished achievements and upcoming goals. Details regarding the report emerged Wednesday with the company confirming that it has enjoyed exceptional results through the fiscal 2023 year. Following strategic objectives Kindred demonstrated not only financial […]
Industry
February 19, 2024
FDJ to Officially Launch Public Tender Offer for Kindred
France’s premier lottery and sports betting operator, La Française des Jeux (FDJ), announced that its takeover proposal for Kindred Group has been approved by the Swedish regulator. As a result, the French betting powerhouse will launch its offer on February 20. According to FDJ, its offer document secured the official approval of the Swedish Financial […]
Industry
February 15, 2024
Kindred Joins Women in Tech Sweden for the Eighth Year in a Row
International gambling powerhouse Kindred has once again signed up as a co-creating partner to Women in Tech Sweden, the Swedish arm of the world’s foremost organization for inclusion, diversity and equity. As a co-creating partner, Kindred will participate in the Women in Tech conference on April 17 in Stockholm, helping the nonprofit promote its initiatives. […]
Legal
February 15, 2024
Court Rules in Favor of Kindred in Per Holknekt Case
Kindred Group has been spared some trouble as the Stockholm District Court ruled in its favor in the lawsuit by Per Holknekt, a Swedish fashion designer and entrepreneur. The plaintiff now has to pay SEK 2 million ($190,000) to cover the operator’s legal costs. The lawsuit was filed in July 2022 and saw Holknekt claim […]
Business
February 14, 2024
Kindred Launches Initiative to Promote Heart Health in Pro Cycling
Kindred’s flagship Unibet brand has unveiled a new campaign to raise awareness about heart health issues within the cycling community. Called Follow Your Heart, the new campaign represents a partnership between the operator and the Dutch cycling team Tour de Tietema (TDT). As a part of the initiative, Unibet joined forces with the team to […]
Industry
February 13, 2024
Dan Spencer to Speak at the Sustainable Gambling Conference
According to EPIC Global Solutions, its director of safer gambling and also a Compliance Rising Star Awards winner at the 2023 VIXIO GamblingCompliance Global Regulatory Awards, Dan Spencer, will be attending the Sustainable Gambling Conference 2024. The conference will take place on March 20 between 8:45 and 17:30 BST at the Kia Oval in London. […]
Industry
February 8, 2024
Sweden’s Top Operators Report Responsible Gambling Progress
Svenska Spel, Kindred Group and ATG have published an update on their responsible gambling activities in Sweden in H2 2023. The three major Swedish operators reported positive results in July and continued to strive to reduce harmful gambling in the country throughout the second half of the year. Svenska Spel Interacted with 1.9% of Its […]
Business
February 7, 2024
Kindred Names Nils Andén as Permanent CEO
Kindred Group, one of the world’s leading online gambling operators, announced that its board of directors has decided to appoint Nils Andén as the company’s permanent chief executive officer. For reference, the appointee has been serving as interim CEO for almost a year. Andén was named interim CEO back in May 2023 following Henrik Tjärnström’s […]
Business
February 5, 2024
Kindred: Only 3.1% of the Q4 Revenue Came from Harmful Gambling
Kindred Group has released another update on its Journey towards Zero, an initiative that has seen the company minimize the funds it takes from problem players. According to Kindred, only 3.1% of its revenue in Q4 2023 came from harmful gambling. This is an improvement from Q3 when the company took 3.3% of its revenue […]
