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Kindred Group shares fall sharply despite strong Q2 revenue growth

25th July 2018 8:29 am GMT
Kindred

Stockholm-listed gaming operator Kindred Group has reported a 31 per cent increase in gross winnings revenue to £219.0m for the second quarter of 2018, buoyed by record customer activity during the FIFA World Cup.

The company said that it continued to gain market share as organic revenue in constant currency increased by 24 per cent year-on-year, while the newly integrated 23Red business contributed £16.9m in revenue during the quarter.

Q2 2018 Gross [...]

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