Login/Register
NetEnt
NetEnt
Playtech
BigTimeGaming

Kindred Group posts third quarter revenue and profit decline

25th October 2019 7:51 am GMT
Kindred

Stockholm-listed operator Kindred Group has reported a 2 per cent drop in gross winnings revenue to £226.0m for the third quarter of 2019, with results impacted by the difficult market conditions in Sweden and a lower than usual sportsbook margin in September.

Revenue from sports betting fell by 1.5 per cent to £109.4m, with live betting representing just under a half of the total. Gross margin for sports betting during Q3 was 9.0 per cent, compared [...]

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

Skywind Group
Greentube
Pragmatic Play
Playtech
BigTimeGaming