Kindred | Jotup

Kindred's revenue from harmful gambling decreased to 3.0 per cent in the first quarter of 2023

Retrieved on:

Monday, April 24, 2023

VALETTA, Malta, April 24, 2023 /PRNewswire/ -- In the first quarter of 2023, Kindred Group's share of revenue from harmful gambling decreased to 3.0 per cent and the improvement effect after interventions was 83.0 per cent.

Key Points:

VALETTA, Malta, April 24, 2023 /PRNewswire/ -- In the first quarter of 2023, Kindred Group's share of revenue from harmful gambling decreased to 3.0 per cent and the improvement effect after interventions was 83.0 per cent.
Kindred Group plc (Kindred) reports a decrease in the share of revenue from harmful gambling to 3.0 (3.3) per cent in the first quarter of 2023.
During the quarter, 83.0 per cent of detected customers saw improved gambling behaviour after an intervention was made by Kindred's responsible gambling and customer facing teams.
This is a small improvement from the previous quarter and serves as another testament to the importance of intervention efforts.

Bulletin from Kindred Group plc's Annual General Meeting

Retrieved on:

Thursday, April 20, 2023

Euroclear, Share repurchase, Law, AGM, EGM, Mass meeting, SEK, Carl Magnus Dahlström, Kindred, Notice, Companies Act, Kindred Group, GBP, Committee, Holding company, Security (finance)

SLIEMA, Malta, April 20, 2023 /PRNewswire/ -- Today, at Kindred Group plc's (Kindred) Annual General Meeting (AGM), shareholders approved the proposed cash dividend of GBP 0.345 (approximately equivalent to SEK 4.35 on 28 February 2023 exchange rates of 12.63 GBP/SEK) and payable in SEK.

Key Points:

SLIEMA, Malta, April 20, 2023 /PRNewswire/ -- Today, at Kindred Group plc's (Kindred) Annual General Meeting (AGM), shareholders approved the proposed cash dividend of GBP 0.345 (approximately equivalent to SEK 4.35 on 28 February 2023 exchange rates of 12.63 GBP/SEK) and payable in SEK.
In order to facilitate a more efficient cash management, the dividend will be paid in two equal instalments.
Cédric Boireau, Jonas Jansson, Andy McCue, Martin Randel and Kenneth Shea were elected as Directors of the Company.
The AGM also resolved that, until the general meeting of the shareholders decides otherwise, the Nomination Committee shall consist of not less than four and not more than five members.

Bulletin from Kindred Group plc's Annual General Meeting

Retrieved on:

Thursday, April 20, 2023

Euroclear, Share repurchase, Law, AGM, EGM, Mass meeting, SEK, Carl Magnus Dahlström, Kindred, Notice, Companies Act, Kindred Group, GBP, Committee, Holding company, Security (finance)

SLIEMA, Malta, April 20, 2023 /PRNewswire/ -- Today, at Kindred Group plc's (Kindred) Annual General Meeting (AGM), shareholders approved the proposed cash dividend of GBP 0.345 (approximately equivalent to SEK 4.35 on 28 February 2023 exchange rates of 12.63 GBP/SEK) and payable in SEK.

Key Points:

SLIEMA, Malta, April 20, 2023 /PRNewswire/ -- Today, at Kindred Group plc's (Kindred) Annual General Meeting (AGM), shareholders approved the proposed cash dividend of GBP 0.345 (approximately equivalent to SEK 4.35 on 28 February 2023 exchange rates of 12.63 GBP/SEK) and payable in SEK.
In order to facilitate a more efficient cash management, the dividend will be paid in two equal instalments.
Cédric Boireau, Jonas Jansson, Andy McCue, Martin Randel and Kenneth Shea were elected as Directors of the Company.
The AGM also resolved that, until the general meeting of the shareholders decides otherwise, the Nomination Committee shall consist of not less than four and not more than five members.

Kindred expands North American retail footprint by launching in Washington State

Retrieved on:

Thursday, April 20, 2023

Partnership, Sportsbook, Kindred, Swinomish, Kindred Group, SVP, Sport, Unibet

VALLETTA, Malta, April 20, 2023 /PRNewswire/ -- Kindred Group plc (Kindred) launches a retail operation at the Swinomish Casino & Lodge. This follows the announcement of the six-year agreement with the Swinomish Indian Tribal Community in October 2022. The first phase of the Sportsbook launch includes Unibet branded kiosks and over-the-counter sports betting. Further development will include an immersive Unibet sports betting lounge, due to launch later this year.

Key Points:

Kindred Group continues its North American retail expansion by launching phase one of its partnership with The Swinomish Tribe, Washington State
VALLETTA, Malta, April 20, 2023 /PRNewswire/ -- Kindred Group plc (Kindred) launches a retail operation at the Swinomish Casino & Lodge.
Unibet Sportsbook at Swinomish Casino & Lodge marks Kindred's 13th retail launch in North America, where it now holds retail presence in three states (Pennsylvania, Arizona and Washington).
"We are delighted to launch the first phase of our exciting retail partnership with the Swinomish Indian Tribal Community.
Kindred Group will continue to invest in growing its North America operations where market conditions support a sustainable business model.

Kindred expands North American retail footprint by launching in Washington State

Retrieved on:

Thursday, April 20, 2023

Partnership, Sportsbook, Kindred, Swinomish, Kindred Group, SVP, Sport, Unibet

VALLETTA, Malta, April 20, 2023 /PRNewswire/ -- Kindred Group plc (Kindred) launches a retail operation at the Swinomish Casino & Lodge. This follows the announcement of the six-year agreement with the Swinomish Indian Tribal Community in October 2022. The first phase of the Sportsbook launch includes Unibet branded kiosks and over-the-counter sports betting. Further development will include an immersive Unibet sports betting lounge, due to launch later this year.

Key Points:

Kindred Group continues its North American retail expansion by launching phase one of its partnership with The Swinomish Tribe, Washington State
VALLETTA, Malta, April 20, 2023 /PRNewswire/ -- Kindred Group plc (Kindred) launches a retail operation at the Swinomish Casino & Lodge.
Unibet Sportsbook at Swinomish Casino & Lodge marks Kindred's 13th retail launch in North America, where it now holds retail presence in three states (Pennsylvania, Arizona and Washington).
"We are delighted to launch the first phase of our exciting retail partnership with the Swinomish Indian Tribal Community.
Kindred Group will continue to invest in growing its North America operations where market conditions support a sustainable business model.

Kindred, Members-Only Home Swapping Network, Announces 5,000 Nights Swapped and Series A Funding to Revolutionize the Sharing Economy

Retrieved on:

Wednesday, April 19, 2023

Kindred, the members-only home swapping network, announced today the successful completion of its Series A funding round at $15 million.

Key Points:

Kindred, the members-only home swapping network, announced today the successful completion of its Series A funding round at $15 million.
The recent funding round showcases the potential of the give-to-get sharing economy to make travel a way of life.
Kindred Members have spent over 5,000 nights at one another’s homes, and both Host and Guest Satisfaction scores are above 9 out of 10.
We're excited to use this funding to continue to grow our network while maintaining a strong experience for our members."

Kindred set to launch proprietary platform in New Jersey

Retrieved on:

Monday, April 17, 2023

New Jersey Division of Gaming Enforcement, New Jersey Division of the Rate Counsel, Disclosure, Division, Kindred Group, Property insurance, EU, Kindred, Unibet

VALLETTA, Malta, April 17, 2023 /PRNewswire/ -- Kindred Group plc (Kindred) has received final approval for its proprietary gaming platform from the New Jersey regulator, the Division of Gaming Enforcement (NJDGE). The approval is an important step towards rolling out the Kindred platform across Kindred's North America footprint.

Key Points:

Introducing the Kindred platform in New Jersey will provide an enhanced customer experience, better analytics, and improved flexibility.
VALLETTA, Malta, April 17, 2023 /PRNewswire/ -- Kindred Group plc (Kindred) has received final approval for its proprietary gaming platform from the New Jersey regulator, the Division of Gaming Enforcement (NJDGE).
The Kindred platform is expected to provide much improved flexibility and performance through a richer set of analytics and data.
"I am very pleased that we are now able to launch our own Kindred platform in New Jersey, and I am immensely proud of everybody at Kindred who has made this possible.

Kindred set to launch proprietary platform in New Jersey

Retrieved on:

Monday, April 17, 2023

New Jersey Division of Gaming Enforcement, New Jersey Division of the Rate Counsel, Disclosure, Division, Kindred Group, Property insurance, EU, Kindred, Unibet

VALLETTA, Malta, April 17, 2023 /PRNewswire/ -- Kindred Group plc (Kindred) has received final approval for its proprietary gaming platform from the New Jersey regulator, the Division of Gaming Enforcement (NJDGE). The approval is an important step towards rolling out the Kindred platform across Kindred's North America footprint.

Key Points:

Introducing the Kindred platform in New Jersey will provide an enhanced customer experience, better analytics, and improved flexibility.
VALLETTA, Malta, April 17, 2023 /PRNewswire/ -- Kindred Group plc (Kindred) has received final approval for its proprietary gaming platform from the New Jersey regulator, the Division of Gaming Enforcement (NJDGE).
The Kindred platform is expected to provide much improved flexibility and performance through a richer set of analytics and data.
"I am very pleased that we are now able to launch our own Kindred platform in New Jersey, and I am immensely proud of everybody at Kindred who has made this possible.

Kindred concludes UK regulatory review of its 32Red and Unibet brands

Retrieved on:

Thursday, March 23, 2023

Social responsibility, Commission, Disclosure, UKGC, Gambling, Kindred, AML, Kindred Group, GBP, Audit, EU

Kindred Group plc (Kindred) will pay GBP 7.1 million and has received a warning from the UK Gambling Commission (UKGC) due to historic AML and social responsibility shortcomings.

Key Points:

Kindred Group plc (Kindred) will pay GBP 7.1 million and has received a warning from the UK Gambling Commission (UKGC) due to historic AML and social responsibility shortcomings.
Kindred acknowledges and appreciates the Commission's clear recognition that the Group's UK operation is in an improved position since the assessment took place and that it remains suitable to hold an operating licence.
Kindred accepts that certain systems and processes in place in 2020 and early 2021 were not in line with Commission expectations around affordability.
This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014).

Kindred concludes UK regulatory review of its 32Red and Unibet brands

Retrieved on:

Thursday, March 23, 2023

Social responsibility, Commission, Disclosure, UKGC, Gambling, Kindred, AML, Kindred Group, GBP, Audit, EU

Kindred Group plc (Kindred) will pay GBP 7.1 million and has received a warning from the UK Gambling Commission (UKGC) due to historic AML and social responsibility shortcomings.

Key Points:

Kindred Group plc (Kindred) will pay GBP 7.1 million and has received a warning from the UK Gambling Commission (UKGC) due to historic AML and social responsibility shortcomings.
Kindred acknowledges and appreciates the Commission's clear recognition that the Group's UK operation is in an improved position since the assessment took place and that it remains suitable to hold an operating licence.
Kindred accepts that certain systems and processes in place in 2020 and early 2021 were not in line with Commission expectations around affordability.
This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014).