Kindred Q1 US revenue up 203% as operator continues measured long-term strategy

Stockholm-listed business plots Virginia office opening as it launches online sports betting in the East Coast state

Unibet operator Kindred Group recorded US gross winnings revenue of £7.4m ($10.3m) in Q1, up 203% on the previous period for 2020 in local currency. Kindred CEO Henrik Tjärnström said the rise was due to strong player acquisition performance through focused marketing and bonusing efforts during the Super Bowl and March Madness tournaments. Marketing spend…

Finance | Kindred Group | Unibet | Virginia