Industry News

Kindred Group Announces Third Quarter Revenue as Part of Tender Offer by La Française des Jeux

Published

on

Reading Time: < 1 minute

 

Kindred Group plc (Kindred) announced third quarter total revenue figures (unaudited) as part of FDJ’s public tender offer to acquire the entire outstanding share capital of Kindred.

During the third quarter of 2024, Kindred saw continued solid growth across its diversified market footprint with total revenue (B2C and B2B) reaching GBP 294.5 million. The Gross winnings revenue for the third quarter amounted to GBP 283.1 million and the share of Gross winnings revenue from locally regulated markets amounted to 83%.

Kindred’s estimated revenue and share of locally regulated revenue for the third quarter 2024 are in line with expectations and the Group remains on track towards its communicated full-year EBITDA guidance. Kindred will report final figures for the third quarter 2024 in its interim report on 25 October 2024.

Advertisement

The post Kindred Group Announces Third Quarter Revenue as Part of Tender Offer by La Française des Jeux appeared first on European Gaming Industry News.

Trending

Exit mobile version