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Kindred Group third quarter revenue climbs to £230.7m

26th October 2018 7:58 am GMT
Kindred

Stockholm-listed gaming operator Kindred Group has reported a 20 per cent increase in pre-tax profit for the third quarter of 2018, as solid revenue growth offset higher betting duties and marketing costs.

Kindred reported gross winnings revenue of £230.7m for the third quarter, an increase of 19 per cent versus a year ago or 22 percent in constant currency terms.

Sports betting accounted for £111.1m of the gross winnings total, up from £85.7m a year ago, with [...]

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