Tag Archives: Kindred Group
Norway – Kindred vows further court action against NGA over coercive fine
Kindred Group, via its wholly owned Maltese subsidiary Trannel International Ltd, has been informed that the Norwegian Gaming Authority will reinstate a coercive fine. Trannel has performed several changes in its offering to ensure compliance with the requirements set out by the Norwegian Gaming Authority in the cease-and-desist order from 2019. Kindred Group disagrees with…
UK – Kambi extends partnership with Kindred Group and gains ability to prepay convertible bond
Kambi Group plc and Kindred Group have agreed a three-year extension to its sportsbook partnership after signing a new agreement up to the end of 2026. In addition to the contract, Kambi’s strong financial performance has seen it meet specific conditions required to prepay, at its own discretion, a convertible bond previously issued to a…
Malta – Kindred completes Relax deal
kindred Group has now completed the acquisition of Relax Gaming, having announced on July 2 2021 that it had entered into an agreement to acquire the remaining 66.6 per cent of the outstanding shares in Relax Gaming. Relax Gaming is a market leading B2B iGaming software supplier that designs and develops online casino games, supported…
US – EveryMatrix and Kindred sign games distribution agreement
EveryMatrix and Kindred Group have completed an agreement for casino content distribution across the U.S. Kindred Group will expand its current casino offering by integrating EveryMatrix’s own proprietary games from Spearhead Studios and Armadillo Studios. Through the integration, Kindred will have the option to add more vendors as they become available through the supplier’s iGaming…
Sweden – Online gambling operators join forces to increase knowledge about Swedish gambling market
Four of Sweden’s largest gambling operators, Betsson, Kindred Group, LeoVegas, and William Hill, are joining forces to increase awareness about the Swedish gambling market through the launch of the new information website, ‘Fakta om spel’ (facts about gambling). The site’s ambition is to be a central database for facts and statistics about the licensed Swedish…
US – Kindred partners with Quechan Tribe to enter California and Arizona
Kindred Group has continued its expansion in the US market by partnering up with the Quechan Tribe of the Fort Yuma Indian Reservation. By entering this agreement Kindred Group will gain market access to two additional key states, California and Arizona. After successful launches in New Jersey, Pennsylvania, Indiana and with signed agreements for an…
Malta – Kindred adds safer gambling metrics to group reports
In line with the company’s ambition that zero per cent of the revenue should come from harmful gambling by 2023, Kindred Group has become the first gambling operator to report the share of revenue that is derived from harmful gambling. The figure will be shared together with a measurement of the efficiency of Kindred’s efforts…
Malta – Kindred’s Stefan Lundborg resigns amid insider crime investigation
Stefan Lundborg has informed Kindred Group that he will resign from his role as non-executive Director at Kindred Group with immediate effect. The resignation is related to Stefan Lundborg being investigated for insider crime by the Swedish Economic Crime Authority (SECA). Kindred does not have further information at this time and is fully cooperating with…
Sweden – Kindred CEO condemns Swedish government policy as ‘a step in the wrong direction’
Kindred Group has condemned the steps taken by the Swedish government in prolonging the validity on enhanced player protections as a result of Covid-19. In its opinion, Kindred believes there is a lack of fact-based decisions being taken and worry that the government’s policy is the opposite than the one decided by the Swedish Parliament….
