On February 14th 2018, Kindred Group’s CEO Henrik Tjärnström, spoke about our Q4 results as well as giving a summary of 2017 as a whole, with the overarching takeaway being that a strong finish to 2017 resulted in another record quarter for revenue and profit!
“Strong growth across our major markets and an exceptional sportsbook margin approximately 50 per cent above the long-term average, have resulted in record revenue and profitability for Kindred Group in the fourth quarter of 2017. Our investments in marketing and product development have also resulted in an all-time high in EBITDA and number of active customers. Gross winnings revenue grew by 56 per cent as reported and by 42 per cent organic and in constant currencies, compared to the same period last year.”
To read the full report, please download the Press Release.
Your Kindred Affiliates Team