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Gambling News - 'Kindred'
Business
February 8, 2023
Kindred Posts Underwhelming Unaudited Q4 Results
The company released its unaudited results for Q4 and 2022 Wednesday, confirming it has taken immediate actions to improve profitability. The results are a preliminary estimate of the Group’s performance over the past 12 months, including Q4 results. Judging by those results, Kindred expects to see business-to-business (B2B) and business-to-customer (B2C) total revenue for 2022 […]
Industry
February 8, 2023
EPIC Risk Management Joined Kindred’s New Pilot Project
Gambling harm consultancy EPIC Risk Management announced that its partnership with Kindred group has been strengthened after EPIC became part of Kindred’s pilot panel committed to zero revenues from harmful gambling. A Panel of Expert Organizations The new phase of the relationship between EPIC Risk Management and the Malta-licensed gambling group signaled a further commitment […]
Sports
February 7, 2023
NHL Picks Kindred’s Unibet Brand as First Swedish Partner
Kindred Group has announced that its Unibet brand has been selected as the official partner of the National Hockey League (NHL) in Sweden. The deal will be celebrated with a variety of activations and exclusive NHL-themed content. Thanks to this arrangement, Unibet, which is the first Swedish betting company, will be able to engage fans […]
Business
February 6, 2023
Kindred Tackles Harmful Gambling Revenue One Quarter at a Time
Kindred Group reported that revenue from harmful gambling fell by 0.5% to 3.3% in the fourth quarter compared to 3.8% in the third quarter. This progress is part of the group’s broader Journey towards Zero program, which wants to see the company’s revenue streams completely decoupled from harmful gambling. Kindred Group Holds the Course Steady […]
Sports
January 13, 2023
Middlesbrough Players to Wear MFC Foundation’s Logo This Weekend
Kindred Group, a principal club sponsor of English Football League (EFL) side Middlesbrough FC, announced that it has donated its front-of-shirt space to the MFC Foundation for the upcoming match with Millwall. Part of EFL’s ‘Week of Action’ The announcement that the shirt space reserved for the Unibet’s logo would feature MFC Foundation’s branding this […]
Business
January 13, 2023
Kindred Unhappy with Preliminary Q4 Results, Plans to Take Action
On Thursday, the company released an update for the fourth quarter of 2022, confirming it expects to see revenue of £305.0 million ($372.9 million). Kindred’s Q4 Revenue Impacted by the World Cup A year-over-year comparison reveals a solid growth of 24% when compared to the £224.9 million ($275 million) result reported for Q4, 2021. Comparison […]
Industry
January 12, 2023
Play’n GO Grows in the UK Thanks to Kindred Group Partnership
The partnership marks another cornerstone achievement in Play’n GO’s international expansion efforts. The developer gathered substantial momentum in 2022 and strengthening its position in another critical market marks a great start to the new year. Play’n GO and Kindred expand on a long history of successful cooperation, expressing their intention to retain their close ties […]
Industry
December 23, 2022
Five New Kindred Group Board Members Nominated
Kindred’s board of directors may soon expand as the company’s Nomination Committee just proposed five new members. The company’s board until the next annual general meeting will likely consist of a total of nine members without any deputy members. The Nomination Committee Proposed Five New Board Members The Nomination Committee proposed the re-election of four […]
Industry
December 22, 2022
Kindred Opens a Tech Office in Bengaluru
Kindred Group, a global holding encompassing a variety of gaming brands, has unveiled a new Tech hub in Bengaluru, the capital of India’s southern Karnataka state. The company hopes to quickly expand the hub, helping it bolster its tech pipeline. The New Hub Should Be Working at Full Capacity by the End of 2023 As […]
Industry
December 21, 2022
Kindred Group Veteran Resigns after 13 Years with the Company
Maris Catania, head of responsible gaming and research at global iGaming leader Kindred Group, announced her leave from the company via her official LinkedIn profile. Catania has been part of Kindred’s team since 2009, rising through the thanks to her professionalism and multi-faceted expertise. She will be replaced by Esther Scheepers, another leading responsible gaming […]