Legal
December 9, 2020
Swedish Regulator Fines Spooniker and ATG Over Deposit Cap
Sweden’s regulator Spelinspektionen has ruled that Spooniker and ATG have breached the temporary player protection restrictions applied since the start of the pandemic. The decision says both online gambling regulators have failed to close a loophole allowing players to deposit money over the SEK5,000 online gaming limit. Players Used a Loophole to Play With Full […]
Industry
December 5, 2020
Stefan Lundborg Resigns From Kindred Due To Insider Crime Investigation
Stefan Lundborg is leaving his position as а non-executive director at Kindred Group after he became a subject of investigation for insider crime launched by the Swedish Economic Crime Authority (SECA) Stefan Lundborg is Subject to Investigation for Inside Crime by SECA Kindred Group has informed the public in a press release about the resignation […]
Business
December 3, 2020
Kindred’s Chairman Anders Ström Will Not Stand for Re-Election
Kindred Group announced today its founder Anders Ström would not stand for re-election to the company’s board of directors next year. The founder of Unibet would instead enjoy the fruits of his investments while spending more time with friends and family. No Re-Election for Ström Anders Ström told Kindred’s nomination committee December 3 that his […]
Business
December 2, 2020
Kindred Adds Live Casino Portfolio by Pragmatic Play
The gaming industry content provider, Pragmatic Play, revealed that the integration of its Live Casino portfolio for Kindred Group was completed. According to the Head of Gaming at Kindred, Cristiano Blanco, the new state-of-the-art products will entertain the company’s clients for years to come. Pragmatic Play’s Live Casino Portfolio Is Now Integrated for Kindred The […]
Slots
December 1, 2020
Kindred Group Launches Microgaming’s Jungle Mega Moolah
The leading casino software developer, Microgaming, announced that the new Jungle Mega Moolah slot game launched exclusively for Kindred Group. Although the slot game is unique for Kindred, it is a part of Microgaming’s leading jackpot network. Jungle Mega Moolah Launches Exclusively for Kindred Group Gaming operator Kindred Group joined forces with software development company […]
Industry
November 29, 2020
Kindred Group Slams Sweden’s Plan to Extend Casino Restrictions Until June
Kindred Group criticized the Swedish government’s plan to extend online gambling restrictions until June 2021, arguing that they do not protect players and only benefit offshore sites. Problem gambling rates remained somewhat unchained over the past months. Extending Restrictions Goes Against the Gambling Act Unibet operator Kindred Group slammed the Swedish government‘s proposal to extend […]
Business
November 6, 2020
Kindred’s Diversified Model Helped Shrug off Disruptions
Nasdaq Stockholm-traded gaming operator Kindred Group released an interim report today, informing investors about its third quarter and January-September financial performances, outlining it managed to shrug off the ongoing disruption in the industry for the third quarter due to its diversified model. Gross Winning Revenues Rise Kindred Group issued a trading update in October, ahead […]
Business
November 2, 2020
32Red Prepares to Withdraw from Italy, Urges Transfer to Unibet
Kindred Group’s 32Red brand will exit Italy effective November 30, a new message sent to consumers revealed. Kindred has urged players to transfer to the brand’s sister website, Unibet.it. 32Red Bows out of Italy But Sister Brand Remains Despite choosing to withdraw the 32Red brand from the Italian market, Kindred Group is nowhere near giving […]
Casino
October 29, 2020
Kindred Group to Acquire Casino Blankeberge in Belgium
The Rank Group Plc reached an agreement with Kindred Group to sell its Blankeberge Casino in Belgium. The £25 million acquisition is expected to be completed in Q4 2020. Kindred to Acquire Blankeberge Casino from Rank Group The leading online gambling operator Kindred Group has announced it will acquire 100% of the shares in Blankenberge […]
Business
October 10, 2020
Kindred Group Expects Third Quarter Record Revenue
Kindred Group released a Q3 trading update Friday, ahead of its third quarter interim report scheduled for November 6, saying revenue would be at an all-time high. The sports betting and iGaming operator based in Malta expects to generate for the three months ending September 30 in the region of £280 million. Double-Digit Growth in […]