Kindred edges closer to net zero harmful revenue goal in Q2

Monday, July 24, 2023 7:05 PM
Photo: Shutterstock
  • Ted Orme-Claye, SBC News

Kindred Group chipped away at the proportion of its revenues derived from harmful gambling during Q2 2023, cutting the figure down from 3.3% to 3.1%.

The Stockholm-listed operator, active in various markets via its Unibet sportsbook and 32Red igaming brands, set an objective of achieving 0% revenue from harmful gambling in H1 2021.

As it stands, the 3.1% figure reported this week marks the lowest proportion of income from harmful gambling achieved by the group. This was accompanied by a record- high improvement effect after interventions, which stood at 86.4%.

Nils Andén, Kindred Group Interim CEO, said: “Our ‘Journey towards Zero’ ambition is an important parameter for Kindred and our ability to contribute towards a fact-based dialogue on how to establish a more sustainable gambling industry.