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Kindred Group forecasts record Q3 revenue of £280m

12th October 2020 4:24 pm GMT
Kindred

Stockholm-listed gaming operator Kindred Group expects to report record gross winnings revenue of around £280m for the third quarter of 2020.

The operator enjoyed continued strong momentum in Q3, supported by a busy sports calendar and high customer activity, with revenue expected to increase by 24 per cent to £280m.

Sports betting margin after free bets was just over 8 per cent, below both the long-term average and the third quarter of 2019, although this was offset [...]

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