Kindred sees high risk players' earnings drop to 3.9%

Kindred Group highlighted continued progress towards corporate sustainability goals as its harmful gambling revenues fell to 3.9%.

Stockholm-based online gambling group has published the latest ' Safe gambling update ‘, informing stakeholders that its “share of gross income generated by high risk players” decreased from 4.3 to 3.9% during trading.

At the start of the trading year, Kindred announced its core directive to publish “transparent corporate sustainability reports”. ', tracking the firm's progress towards the 0% goal of malicious gambling revenue by the end of 2023.

Further safer gambling scores indicated that Kindred reported a group-wide increase of 1%. ' Improvement effect after interventions 'customer service departments at 76. 6%.

Ensuring renewal on In line with the group's directives, the Kindred have stated that they have established close collaboration with treatment centers and Experienced experts (corrected problem players).

In addition, changes at the board level saw Kindred become the first online gambling company to establish ' Sustainable Development Council 'puts the firm's mandate on social responsibility alongside corporate governance, risk, compliance and audit responsibilities.

“It is encouraging to see a decline in the share of malicious gambling revenue in the first quarter of the year, but we need to know,” said Henrik Tjernström, CEO of Kindred.

“We expect to see more quarterly data, but we continue to work towards achieving our goals. Reducing the harm of gambling in society is a long-term process that requires evidence-based, open and constructive dialogue among all stakeholders. ”