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Tag Archives: Kindred

Malta – Kindred CEO commends ‘positive momentum’ in latest financial report

Kindred’s CEO, Henrik Tjärnström, has praised the ‘positive momentum’ from 2020 across markets and product segments in the company’s interim report for the first quarter of 2021. The report shows that gross winnings revenue amounted to £352.6m, an increase of 41 per cent, and underlying EBITDA was £98m. Reported foreign currency losses on operating items…

US – Virginia grants Kindred a direct market access mobile sports betting licence

Kindred Group has gone into the next phase of its US expansion by adding Virginia to the list of successful entries in the fast growing US gambling market. Unibet Sports & Racebook will soon offer customers in Virginia a first-class online sportsbook experience. Unibet Interactive, Kindred Group’s U.S. arm, is awarded a direct market access…

Belgium – Kindred completes purchase of land-based Belgian casino from Rank

Kindred Group has completed the previously announced acquisition of 100 per cent of the shares in Blankenberge Casino-Kursaal (Blancas) NV, which operates Casino Blankeberge in Belgium, from the Rank Group, on April 1. Kindred Group entered into an agreement on October 29 2020 to buy all the shares in Blancas NV from The Rank Group….

UK – SIS seals Watch and Bet racing deal with Kindred’s Unibet

SIS has reached an agreement with Kindred Group to deliver its racing content in a Watch and Bet format to their online brand, Unibet, through bespoke customer branded channels. Unibet customers in Australia, UK, Ireland and across Europe will have access to the bespoke branded, 24/7 live betting channels, featuring live streams of SIS’ exclusive…

US – Gamban agreement sees Kindred offer US-based Unibet customers self-exclusion tools

Unibet’s parent company, Kindred Group, has entered into an agreement with the UK-based gambling software provider Gamban, which allows Kindred to offer Unibet customers in the US Gamban’s gambling blocking. The software works as a online gambling self-exclusion tool, preventing access to any online gambling site on individual devices. Kindred has an ambition that zero…

Malta – Pragmatic Play to create live casino environment for Kindred’s Unibet

Pragmatic Play has signed a deal with Kindred to create a complete dedicated live casino environment for the operator’s brand, Unibet. The deal will see Pragmatic Play create a live studio with a number of live gaming tables such as Blackjack and Roulette exclusively for Unibet customers, featuring customised branding and design. “This is a…

Malta – Kindred hails ‘strongest quarter ever’

Kindred has reported its strongest quarter ever with gross winnings revenue of approximately £365m, representing annual growth of 55 per cent. Unibet’s parent company announced continued strong activity across its markets and products, with record active customer numbers of 1.78 million, an increase of 11 per cent compared to the same quarter last year. Gross…

Malta – Pragmatic expands Kindred partnership to live casino

Pragmatic Play has finalised the direct integration of its live casino portfolio with Kindred. This new deal enhances an existing partnership between the two, with the Nordic operator previously integrating Pragmatic Play’s slots. Kindred will now have access to the supplier’s live casino portfolio following the launch of the new Blackjack and Roulette Azure tables,…

Malta – Kindred CEO commends ‘sustained momentum’ despite Covid-19 disruption

Kindred Group’s CEO praised the company’s ‘sustained momentum’ despite the disruption caused by Covid-19. In its latest quarterly report, Q3 2020 gross winnings revenue amounted to £280.7m, an increase of 24 per cent on Q3 2019. Underlying EBITDA was £74.6m, profit before tax £60.7m and after tax £52.5m. Earnings per share were £0.231, free cash…