Revenue growth despite setbacks: Kindred sets tone for 2024
Kindred Group has achieved revenue growth of 4% in the third quarter of 2024, despite a 10% decline compared to the same quarter last year.
Kindred Group has achieved revenue growth of 4% in the third quarter of 2024, despite a 10% decline compared to the same quarter last year.
A dark cloud is looming over the UK gambling industry, with rumours circulating that the government may be looking to increase taxes on gambling companies.
Change is in the air in the Belgian football world. As of 1 January 2025, clubs will no longer be allowed to have gambling companies on their shirts.
Entain plc, the global sports betting and gaming group, has delivered a stronger-than-expected performance in the third quarter of 2024 (Q3).
As of 1 July 2025, gambling companies in the Netherlands will no longer be allowed to sponsor any sports club, from large professional teams to small amateur clubs.
The online gambling industry, already heavily regulated, is facing a new threat: cyberattacks. Specifically, the Chinese hacking group APT41, known for its espionage and cybercrime operations, has targeted several online casinos around the world.
EveryMatrix has taken a major step towards acquiring Fantasma Games. The Stockholm-based game studio’s shareholders have voted overwhelmingly in favour of the acquisition.
The French gambling world is not standing still in 2024. In the first half of the year, the industry saw growth of 3.8% compared to the same period last year, excluding casinos.
Things are changing in Kindred’s boardrooms. Following the takeover by la Française des Jeux (FDJ), chairman Evert Carlsson and five other directors have resigned.
In Italy, it will become a lot more difficult for minors to access adult content. Such as gambling and pornography or other types of content.
The UK Labour Party is considering a big increase in taxes on gambling companies. Perhaps as much as £3 billion. Chancellor of the Exchequer Rachel Reeves is looking at ways to plug a huge £22 billion hole in the government’s finances.