Kindred edging back towards sustainability target with 3.3% of revenue from harmful sources in Q4

Kindred edging back towards sustainability target with 3.3% of revenue from harmful sources in Q4

Article brief provided by SBC News
  • Ted Orme-Claye, SBC News
February 8, 2023 8:09 PM

Kindred Group generated 3.3% of its total revenue from harmful gambling during Q4 2022, the firm asserts, marking a return to form after the number rose to 3.8% in Q3.

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As it stands, the group’s percentage of revenue from harmful sources remains steady, having stood at 3.3% during the first and second quarters of 2022.

The firm set itself a goal of achieving 0% revenue from problem gambling by 2023 in June 2021, and has entered into a number of partnerships in pursuit of this objective, such as with EPIC Risk Management and Zafty Intelligence.

“I’m glad to see that the share of revenue from harmful gambling is once again on a downward trajectory,” said Henrik Tjärnström, Kindred Group CEO.