Unibet

Statement by the Board of Directors [1] of Kindred in relation to the public offer from La Française des Jeux

Retrieved on: 
Monday, January 22, 2024

SLIEMA, Malta., Jan. 22, 2024 /PRNewswire/ -- This statement is made by the Board of Directors (the 'Board') of Kindred Group plc ('Kindred' or the 'Company') pursuant to Rule II.19 of the Nasdaq Stockholm Takeover Rules (the 'Takeover Rules').

Key Points: 
  • The Board of Directors of Kindred unanimously recommends the shareholders of Kindred to accept the public offer from La Française des Jeux SA of SEK 130 in cash per share.
  • no information made public by Kindred or disclosed by Kindred to FDJ being materially inaccurate, incomplete or misleading, and Kindred having made public all information which should have been made public by Kindred; and
    viii.
  • no other party announcing an offer to acquire shares or SDRs in Kindred on terms more favourable to the shareholders of Kindred than the Offer.
  • This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014).

Statement by the Board of Directors [1] of Kindred in relation to the public offer from La Française des Jeux

Retrieved on: 
Monday, January 22, 2024

SLIEMA, Malta., Jan. 22, 2024 /PRNewswire/ -- This statement is made by the Board of Directors (the 'Board') of Kindred Group plc ('Kindred' or the 'Company') pursuant to Rule II.19 of the Nasdaq Stockholm Takeover Rules (the 'Takeover Rules').

Key Points: 
  • The Board of Directors of Kindred unanimously recommends the shareholders of Kindred to accept the public offer from La Française des Jeux SA of SEK 130 in cash per share.
  • no information made public by Kindred or disclosed by Kindred to FDJ being materially inaccurate, incomplete or misleading, and Kindred having made public all information which should have been made public by Kindred; and
    viii.
  • no other party announcing an offer to acquire shares or SDRs in Kindred on terms more favourable to the shareholders of Kindred than the Offer.
  • This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014).

Bragg Gaming Group Third Quarter Revenue Rises 8.0% Year Over Year to €22.6 Million (USD $24.0 Million)

Retrieved on: 
Thursday, November 9, 2023

“Third quarter year over year revenue rose 8% to €22.6 million (USD $24.0 million), gross profit increased 13.5% to €11.9 million (USD $12.6 million) and Adjusted EBITDA increased more than 70% to €3.8 million (USD $4.0 million).

Key Points: 
  • “Third quarter year over year revenue rose 8% to €22.6 million (USD $24.0 million), gross profit increased 13.5% to €11.9 million (USD $12.6 million) and Adjusted EBITDA increased more than 70% to €3.8 million (USD $4.0 million).
  • The Company will host a conference call today, November 9, 2023, at 8:30 a.m. Eastern Time, to discuss its third quarter 2023 results.
  • Non-IFRS measures are not recognized measures under IFRS and do not have standardized meanings prescribed by IFRS.
  • These measures may be different from non-IFRS financial measures used by other companies, limiting their usefulness for comparison purposes.

Kindred launches proprietary tech platform in Pennsylvania

Retrieved on: 
Tuesday, July 11, 2023

VALLETTA, Malta, July 11, 2023 /PRNewswire/ -- Kindred continues the rollout of its proprietary tech platform in North America by launching in Pennsylvania.

Key Points: 
  • VALLETTA, Malta, July 11, 2023 /PRNewswire/ -- Kindred continues the rollout of its proprietary tech platform in North America by launching in Pennsylvania.
  • Customers in Pennsylvania were able to access Unibet Casino and Sportsbook apps on the Kindred platform from July 10.
  • Kindred Group plc (Kindred) expands its proprietary platform to Pennsylvania, providing customers with an enhanced experience, personalised content and products, as well as improved analytics.
  • We look forward to rolling out the Kindred platform to further States", says Nils Andén, Interim CEO of Kindred Group.

Kindred launches proprietary tech platform in Pennsylvania

Retrieved on: 
Tuesday, July 11, 2023

VALLETTA, Malta, July 11, 2023 /PRNewswire/ -- Kindred continues the rollout of its proprietary tech platform in North America by launching in Pennsylvania.

Key Points: 
  • VALLETTA, Malta, July 11, 2023 /PRNewswire/ -- Kindred continues the rollout of its proprietary tech platform in North America by launching in Pennsylvania.
  • Customers in Pennsylvania were able to access Unibet Casino and Sportsbook apps on the Kindred platform from July 10.
  • Kindred Group plc (Kindred) expands its proprietary platform to Pennsylvania, providing customers with an enhanced experience, personalised content and products, as well as improved analytics.
  • We look forward to rolling out the Kindred platform to further States", says Nils Andén, Interim CEO of Kindred Group.

Australia has a strong hand to tackle gambling harm. Will it go all in or fold?

Retrieved on: 
Friday, June 30, 2023

If implemented, the recommendations will advance gambling regulation by several orders of magnitude.

Key Points: 
  • If implemented, the recommendations will advance gambling regulation by several orders of magnitude.
  • Many countries are grappling with regulating unlicensed online gambling operators registered in places like Curaçao and the Isle of Man.
  • Read more:
    Place your bets: will banning illegal offshore sites really help kick our gambling habit?

Phasing out advertising

    • The first would ban all social media and online advertising.
    • In the second phase, broadcast advertising for an hour either side of sporting broadcasts would be banned (as Opposition Leader Peter Dutton has argued for).
    • The third stage would prohibit all broadcast advertising for gambling between 6am and 10pm.

Important precedents

    • The recommendations would set important precedents that can be readily applied to other forms of gambling.
    • These include the principle of establishing a public health-oriented harm prevention policy, a national regulatory system, and enhancing consumer protections to potentially include a universal pre-commitment system.

Industry will resist

    • The online gambling industry will do all it can to thwart these initiatives, along with broadcasters and some sports businesses.
    • The report acknowledges wagering service providers have “successfully framed the issue of gambling harm around personal responsibility while diminishing industry and government responsibility”.
    • There is too much potential for the gambling industry to be involved in the development of gambling regulation and policy in Australia.
    • There is too much potential for the gambling industry to be involved in the development of gambling regulation and policy in Australia.

Kindred demonstrates commitment to data security by achieving SOC 2 certification

Retrieved on: 
Thursday, June 29, 2023

SOC 2 is a recognized leading North American standard allowing companies to demonstrate their information systems, security policies and procedures meet the highest standards of data security and operational excellence.

Key Points: 
  • SOC 2 is a recognized leading North American standard allowing companies to demonstrate their information systems, security policies and procedures meet the highest standards of data security and operational excellence.
  • Following a rigorous audit process, Kindred Group plc's (Kindred) flagship brand Unibet received Service Organization Controls 2 (SOC 2) - Type 2 compliance status in Ontario, where Unibet is a leading provider of Casino and Sportsbook products.
  • This achievement is a testament to our ongoing commitment to providing the highest level of security to our customers.
  • We are pleased that our SOC 2 compliance has proven our continued commitment to one of Kindred's core values - We build on trust", says Sören Thörnlund, Chief Technology Officer, Kindred Group.

Kindred and Dutch Matchis raise awareness for the need of stem cell donors

Retrieved on: 
Monday, June 19, 2023

VALLETTA, Malta, June 19, 2023 /PRNewswire/ -- Kindred launches a new campaign with Matchis, the Dutch Centre for Stem Cell Donors, to generate more awareness for stem cell transplantation and the shortage of donors.

Key Points: 
  • VALLETTA, Malta, June 19, 2023 /PRNewswire/ -- Kindred launches a new campaign with Matchis, the Dutch Centre for Stem Cell Donors, to generate more awareness for stem cell transplantation and the shortage of donors.
  • As a part of the campaign, Unibet will encourage its customer database to register as stem cell donors.
  • Kindred Group plc (Kindred), and its flagship brand Unibet, has teamed up with Matchis, the Dutch Center for Stem Cell Donors.
  • By activating Kindred's customer database in the Netherlands, both organisations hope to encourage people to register as stem cell donors.

Henrik Tjärnström resigns as CEO of Kindred Group - Nils Andén appointed interim CEO

Retrieved on: 
Wednesday, May 17, 2023

The Board of Directors has appointed Nils Andén as interim CEO, also effective immediately.

Key Points: 
  • The Board of Directors has appointed Nils Andén as interim CEO, also effective immediately.
  • "I am very pleased with the Board of Directors' choice of Nils Andén as the interim CEO, guaranteeing a smooth hand over", says Henrik Tjärnström.
  • Nils is naturally very knowledgeable about the operations of Kindred, having worked with Henrik in the executive management team of Kindred.
  • Nils Andén joined Kindred Group in 2020 as Chief Commercial Officer for Scandinavia, East and South Europe and North America.

Henrik Tjärnström resigns as CEO of Kindred Group - Nils Andén appointed interim CEO

Retrieved on: 
Wednesday, May 17, 2023

The Board of Directors has appointed Nils Andén as interim CEO, also effective immediately.

Key Points: 
  • The Board of Directors has appointed Nils Andén as interim CEO, also effective immediately.
  • "I am very pleased with the Board of Directors' choice of Nils Andén as the interim CEO, guaranteeing a smooth hand over", says Henrik Tjärnström.
  • Nils is naturally very knowledgeable about the operations of Kindred, having worked with Henrik in the executive management team of Kindred.
  • Nils Andén joined Kindred Group in 2020 as Chief Commercial Officer for Scandinavia, East and South Europe and North America.