Quarterly Report States Kindred Group's Share of Revenue from High-Risk Bettors Declined
Quarterly Report States Kindred Group's Share of Revenue from High-Risk Bettors Declined Quarterly Report States Kindred Group's Share of Revenue from High-Risk Bettors Declined
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Kindred Group announced today that its share of revenue from high-risk bettors has declined to 3.3% in the fourth quarter of 2022, down from 3.8% in Q3.
Kindred, which is the parent company of legal sports betting operator Unibet, regards this as a positive signal given that the last three months of the year normally see an upswing in high-risk gaming action due to the Christmas season.
Kindred attributed the slight decrease in problem gaming revenue share to its improved intervention strategy with respect to younger bettors, which has led to a reduction in high-risk wagering and a corresponding decrease...
Source: https://www.covers.com/industry/kindred-group-reports-lower-revenue-share-from-high-risk-players-february-6-2023
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