Kindred reports 2023 financial performance
Kindred Group has recently published its latest annual financial report covering its performance in 2023.The firm’s latest report started off by highlighting Kindred’s...
Kindred sees decreased revenue in 2022
In the first quarter of 2022, Kindred Group‘s profit from problem gambling fell to 3.3%.
Kindred is collaborating with RecoverMe to help players who have gambling addiction.
In the latest Kindred report, profit from problem gambling has really increased.
As a rule, every year Q1 usually has a small income from problem gambling. Developing manual interventions for clients at risk leads to less clients having gambling problems, and that is one of Kindred’s goals.
Kindred is more careful with people from the age of 18 to 25 as they are at greater risk.
During ICE London Kindred’s director of Responsible Gambling, Maris Catania, talked about this matter.
Kindred’s chief executive officer Henrik Tjärnström said:
“We started this year concentrating on our goals. We want to improve our manual interference as more players start showing better gambling behavior, after our team reaches out to them.”
RecoverMe’s co-founder, Tejus Patel, who is also a doctor at King’s College Hospital, said:
“Kindred’s collaboration with RecoverMe is essential, as only 8% of players with gambling addiction search for support, because of shame and lack of knowledge on treatments. We hope that as a result of our partnership we can help more people in need.”
As a result of their hard work, Kindred won Global Gaming Awards two times. The recent win happened this month in London.
Kindred reports decline in harmful gambling revenue in Q4
Kindred’s latest harmful gambling revenue report has revealed a decrease in the share of the firm’s proceeds generated by problematic gambling behaviors.The key figure...
