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Resignation of Henrik Tj?rnstr?m as CEO of Kindred Group

Radosav Milutinovic — Thu, 18 May 2023 16:06:47 +0000

One of the world’s leading online gambling operators, Kindred Group, announced today that its CEO Henrik Tj?rnstr?m delivered his resignation to the Board of Directors with immediate effect. According to the company’s web page, the Board proceeded with the immediately effective appointment of Nils Andén as interim CEO. Confident in Company’s Potential: Nils Andén reportedly […]

Kindred Group Leaving More U.S. States Because of Decreased Revenue

Vanja Mitic — Wed, 08 Feb 2023 16:03:49 +0000

Henrik Tj?rnstr?m,?CEO of Kindred Group, announced the company’s plans for the US markets. He stated that the company might not be capable of keeping up with the high costs of the market after releasing its sportsbook platform. A decrease in revenue: The company’s revenue in Q4 last year hasn’t met expectations in many markets worldwide, […]

Kansspelautoriteit regulator awards Dutch iGaming license to Kindred Group

Adam Morgan — Wed, 08 Jun 2022 19:43:20 +0000

Swedish online casino operator Kindred Group has announced its receipt of a license from the gaming regulator for the Netherlands some eight months after it voluntarily agreed to leave the small nation’s newly-regulated iGaming market. The Stockholm-listed firm used an official press release to describe the award from the Kansspelautoriteit (KSA) watchdog as ‘an important […]

Kindred Group chalks up record annual financial results

Adam Morgan — Wed, 09 Feb 2022 17:01:31 +0000

Swedish online casino operator Kindred Group has released its unaudited financial results for 2021 showing that its profit after tax had risen by over 78.7% year-on-year to top ￡295.3 million ($400.7 million). The Stockholm-listed firm used an official press release to declare that this twelve-month period had represented its ‘strongest year to date despite temporary […]

Kindred Group heralds a profitable third quarter

Adam Morgan — Wed, 27 Oct 2021 16:37:55 +0000

Prominent iGaming operator Kindred Group has released its interim third-quarter financial results showing that its profit after tax had increased by 15.4% year-on-year to reach just over ￡60.6 million ($83.2 million). The Stockholm-headquartered firm used an official press release to detail that this rise came via a 6.3% swell of in its gross winnings revenue […]

Kindred Group temporarily halts services to Dutch players

Adam Morgan — Mon, 04 Oct 2021 13:38:20 +0000

Prominent iGaming operator Kindred Group has announced that it has temporarily ceased offering its services to punters in the Netherlands as it works towards obtaining a local online gambling license. The Swedish firm used an official Thursday press release to detail that the suspension is expected to negatively impact its own earnings before interest, tax, […]

Kindred Group inks deal to take over Relax Gaming Limited

Adam Morgan — Fri, 02 Jul 2021 15:46:38 +0000

Prominent iGaming operator Kindred Group has announced the signing of a deal that is to see it fully acquire Maltese online casino games developer Relax Gaming Limited so as to strengthen its ‘product control and product differentiation capabilities’. The Swedish firm used an official press release to detail that it has been a major investor […]

Kindred Group relocates to top office space on Malta

Kim M — Mon, 18 Jun 2018 11:52:46 +0000

Leading online gambling operator, Kindred Group (KINDSDB:Stockholm), recently held an official opening event for the relocation of its St Julians and Gzira offices into a contemporary office space located at Tigné Point, Malta. From the new office space, the company will reportedly maintain the development and growth of its business, working towards becoming the top […]

Kindred Group to host Responsible Gaming Conference Sept 20

Kim M — Fri, 08 Sep 2017 13:36:59 +0000

On Malta, for the second year in a row, Kindred Group?(KINDSDB:Stockholm),?in conjunction with the Foundation for Social Welfare, will host the Responsible Gaming Conference. The one-day event will feature a discussion among various experts in their respective fields regarding responsible gaming. The InterContinental Arena Conference Centre on Malta will play host to the event on […]

Kindred Group reports all-time gross winning revenues high

Adam Morgan — Thu, 27 Jul 2017 17:32:18 +0000

International online casino and sportsbook operator Kindred Group has released its unaudited interim financial results for the first six months of 2017 showing a 28.4% increase year-on-year in gross winning revenues to $418.7 million. Stockholm-listed Kindred Group is licensed by authorities in the United Kingdom, Malta, France, Belgium, Gibraltar, Denmark, Germany, Italy, Australia, Ireland, Romania […]