Danish Gambling Authority Annual Report
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- Danish Gambling Authority Annual Report 2016
- Danish Gambling Authority Annual Report Template
- Danish Gambling Authority Annual Report 2017
- Danish Gambling Authority Annual Report Form
| Public | |
| Traded as | Nasdaq Stockholm: KIND SDB |
|---|---|
| Industry | Online gambling |
| Founded | 1997 |
| Founder | Anders Ström |
| Headquarters | Malta |
Number of locations | Australia, Belgium, Denmark, Estonia, France, Gibraltar, Guernsey, Italy, Malta, Sweden, UK |
| Henrik Tjärnström (CEO) | |
| Revenue | £751.4 million (2017)[1] |
Number of employees | 1400 |
| Website | www.kindredgroup.com |
This is according to the 2017 annual report from the Reserve Bank’s banking supervision department, which was released on Tuesday morning. Order to the gambling operator 888 Denmark Limited concerning amendment of their anti-money laundering. December 4 2019 The Danish Gambling Authority have assessed that in the specific case, 888. In its annual report published yesterday, the Danish Gambling Authority did not want to estimate the size of the illegal market as any assessment would “have a great degree of uncertainty” but added that it is “most likely limited”. Annual Report and Accounts 2016/17 consideration of all these issues, and, indeed, every aspect of the work of the Commission, is the question: What kind of gambling market does Britain want? Does the country want gambling to be a constantly growing industry operating within a light-touch regulatory approach?
Apr 18, 2018 The Danish Gambling Authority (DGA), Spillemyndigheden, has released its 2017 annual report showing an increase of 3.48% in revenue totalling DKK9,220m ($1.53bn) and an increase of 19% to its online casino market reaching over DKK 1.8bn ($299m). Online casinos saw a very impressive increase of 15.6% to a sum of $299m.
Kindred Group (formerly Unibet Group Plc) is an online gambling operator which consists of 11 brands, among them Unibet, Maria Casino, 32Red, and iGame. The Group offer products such as online casino, online poker, online bingo, and sports betting. The company is registered in Malta, but also has major hub offices in Gibraltar, London, Stockholm and the US in addition to smaller satellite offices across Europe and Australia. Kindred Group is a publicly listed company on the Stockholm Stock Exchange (Nasdaq). In 2017, the company's revenue was GBP 751.4 million.
The DGA or the Danish Gambling Authority revealed in their 2017 annual report the brick and mortar gambling in Denmark has been overtaken by online gambling. The online sector is now responsible for 51.5 percent of the countries gambling revenue for a total of 5.7 million people. This is an increase of 47.4 percent from 2017. See more in our Annual Report By the end of 2017, 51.5 percent of gambling took place online. This includes GGR from online casinos, online betting, and online sales of lottery products. See more in our Annual Report By the end of 2017, 51.5 percent of gambling took place online. This includes GGR from online casinos, online betting, and online sales of lottery products.
In 2011 Unibet was awarded one of 48 licenses for the newly re-regulated Danish market.[2]
In 2012 Unibet acquired Bet24, a Danish online bookmaker.[3]
On 3 December 2013 Unibet announced that it was moving its poker operation away from the MPN network to offer a standalone poker site.[4] In April 2014 Unibet signed a deal with Thunderkick,[5] making them one of the first brands to support Thunderkick games.
On 19 May 2014, shareholders of Unibet approved the proposed spin-off of its B2B subsidiary Kambi Group Plc.[6] The company's 95 per cent stake in the business was subsequently distributed to Unibet shareholders. The Kambi Group Plc share started trading on the NASDAQ OMX Stockholm First North on 2 June 2014.[7] The share closed at SEK 34 on the first day of trading, giving the company a market valuation of SEK 1,011,200,700.[8][9]
Unibet purchased Bingo.com Ltd.’s www.bingo.com domain and its real money online gambling business for a total of $8 million effective 31 December 2014. Unibet paid $2 million in cash and the remaining balance was paid with the redemption of its 15,000,000 in common shares in Bingo.com at $0.40 per share.[10][11]
On 14 November 2016, Unibet announced a partnership with Swedish electronic identification service, BankID, as the first gambling operator to utilise the bank developed solution at its Unibet and Maria Casino brands.[12]
Unibet continued on their acquisition trail in July 2015 with the purchase of StanJames.com (online business).[13] The price paid was believed to be £19 million in cash, adjusted for any customer liabilities. The deal did not include any of the Stan James high street retail shops, which have been rebranded as Megabet.[14]
In December 2016, shareholders at Unibet agreed to change the name of the business to Kindred Group Plc.[15] The change was supposedly 'due to the company's focus on developing a multi-brand strategy moving forward'.[16]
The newly named Kindred Group Plc continued their acquisition strategy in February 2017, snapping up the Gibraltar-based online gaming business 32Red Plc.[17]
In April 2018, Kindred Group launched an online gambling ad blocker tool so customers who choose to exclude themselves will be safe from gambling advertisements.[18]
In August 2018, Kindred Group announced a partnership with the Hard Rock Hotel & Casino Atlantic City, marking the company's first entrance to the United States sports betting market by entering the New Jersey sports betting market.[19] On January 28, 2019, Kindred Group formed a partnership with the Mohegan Sun Pocono casino near Wilkes-Barre, Pennsylvania to enter the Pennsylvania sports betting market.[20]
Danish Gambling Authority Annual Report 2016
References[edit]
Danish Gambling Authority Annual Report Template
- ^(PDF)http://www.kindredgroup.com/globalassets/documents/investor-relations-related-documents/financial-reports/kindred-2017-annual-report-eng.pdf.Missing or empty
title=(help) - ^'Danish Gambling Authority hands out first licences'. Calvin Ayre Foundation. Retrieved 19 April 2014.
- ^Stagno-Navarra, Karl. 'Unibet acquires Bet24 and transfers employees to Malta'. MediaToday. Retrieved 19 April 2014.
- ^'Unibet Departing MPN to Offer Standalone Poker Site'. Vita Ltd. 3 December 2013. Retrieved 19 April 2014.
- ^'Thunderkick Signs Deal With Unibet'. Casino Reviewer. 7 April 2014. Retrieved 2 July 2014.
- ^'Unibet shareholders approve Kambi spin-off at AGM - Gaming Intelligence'. www.gamingintelligence.com. Retrieved 3 December 2015.
- ^'Kambi - NASDAQ OMX NORDIC'. www.nasdaqomxnordic.com. Retrieved 3 December 2015.
- ^'Press release : Kambi Group plc'. kambigroupplc.com. Archived from the original on 8 December 2015. Retrieved 3 December 2015.
- ^'Online casino guide'. Friday, 13 September 2019
- ^'Unibet buys Bingo.com'. intergameonline.com/. 23 June 2015.
- ^'Casino Online'. Saturday, 22 December 2018
- ^'Unibet Group first gambling operator to integrate BankID in Sweden'. news.cision.com. Retrieved 17 November 2016.
- ^'Unibet Group plc: Unibet Acquires Stan James Online'. Business Insider. 10 July 2015. Retrieved 23 February 2017.
- ^'MEGABET - Place your bets'. www.megabet.co.uk. Retrieved 17 June 2017.
- ^'Unibet Group plc: Unibet officially renamed Kindred Group Plc'. Gambling Insider. 6 December 2016. Retrieved 23 February 2017.
- ^'BRIEF-Unibet Group says to change name to Kindred Group'. Reuters. 29 September 2016. Retrieved 17 June 2017.
- ^'Kindred to Buy 32Red for $219 Million in Latest Gaming Deal'. Bloomberg. 23 February 2017. Retrieved 23 February 2017.
- ^'Kindred Launches Anti-Gambling Blocker Tool with Betfilter'. 9 April 2018. Retrieved 9 April 2018.
- ^'Kindred Group Connects With Hard Rock Atlantic City For NJ Sports Betting'. Play NJ. 17 August 2018. Retrieved 28 August 2018.
- ^Allabaugh, Denise (29 January 2019). 'Mohegan Sun Pocono to offer sports betting, online gaming'. The Citizens' Voice. Wilkes-Barre, PA. Retrieved 29 January 2019.