Login/Register
Pragmatic Play

Strong year for Kindred Group despite Q4 struggles

9th February 2022 10:49 am GMT
Kindred

Stockholm-listed Kindred Group has enjoyed its strongest year to date as total revenue increased by 11 per cent to £1.26bn in 2021, despite a decline during the final quarter of the year.

Revenue fell by 33 per cent to £244.9m in Q4 2021 due to tough comparatives, the temporary withdrawal from the Dutch market and lower-than-average sports betting margins.

This led to a 34 per cent drop in gross winnings revenue to £240.5m in the fourth quarter, [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos
Pragmatic Play