Location: Malta
Cost cutting helps push Kindred’s net profit up 22.7% in Q1 as North American exit, possible sale to FDJ approach
Kindred Group reported a 22.7% increase in net profit to £31.4m ($39.1m) during its first quarter, helped by cost reduction initiatives... more
Kambi Group’s first-quarter revenue down 1.8 percent year over year
Business to business sports betting provider Kambi Group published its first-quarter financial report Wednesday, showing revenue of $46.2... more
Relax Gaming appoints Martin Stålros as CEO
Relax Gaming, an igaming content aggregator and software developer, has appointed company veteran Martin Stålros as CEO. “Having the... more
Catena Media names Michael Gerrow as CFO
Catena Media, an igaming and sports-betting marketing company, has been going through a management reshuffle after the company’s... more
Kambi says 2023 laid the foundations for ‘a more prosperous future’
Anders Ström, Kambi Chair, and Kristian Nylén, Group CEO, have reflected on a year of strategic and operational progress, as 2023 saw a... more
Kindred highlights ‘dynamic sustainability’ in 2023 report
Kindred Group has published its combined Annual and Sustainability Report for the 2023 financial year. Providing an introduction to the... more
Dutch regulator hits Malta online casino with record €19.7M unlicensed gambling fine
Gammix Limited, a Malta-based online casino firm, has been fined 19.7 million euros by the Dutch Gaming Authority (KSA) for offering... more
Catena Media CEO resigns amid disappointing fourth-quarter results
Michael Daly, CEO of gambling affiliate giant Catena Media, has resigned and handed over his duties to interim CEO Pierre Cadena, formerly... more
Kambi CEO “not satisfied” with performance in 2023, following loss of Penn business
Kambi Group CEO and co-founder Kristian Nylén said he was “not satisfied” with the sports betting supplier’s financial performance in 2023... more
FDJ clears Swedish financial audit to proceed with €2.6B acquisition of Kindred
Groupe Française des Jeux (Groupe FDJ) has announced that it has received regulatory approval by Finansinspektionen, Sweden’s Financial... more
