The Kindred Group, a provider of online casinos and sports betting, has disclosed that in the third quarter of 2023, revenue from illegal gambling sources increased.
This report is the first of its kind under the new CEO, who was chosen on May 17, 2023, to replace the departing one, who left abruptly.
At the time, it was thought that pressure to lower revenue from harmful gambling to under 3% was one of the reasons for this departure; after all, Kindred had been very open about its intention to eradicate problem gambling and bring this number to zero.
This report is the first of its kind under the new CEO, who was chosen on May 17, 2023, to replace the departing one, who left abruptly.
At the time, it was thought that pressure to lower revenue from harmful gambling to under 3% was one of the reasons for this departure; after all, Kindred had been very open about its intention to eradicate problem gambling and bring this number to zero.