Kindred CEO Calls For Swedish B2B Licensing

Kindred Group's chief executive has called for suppliers to be licensed in Sweden, a move which he said would help the country's regulator curb illegal online gambling.

The remarks by Henrik Tjärnström came as the company reported a profit decline based on weak performances in the Netherlands and Sweden.

"The trend is more worrying than the absolute numbers," he told analysts on Friday, as part of a claim that Swedish operator woes included competition from unlicensed outfits who flout rules on one-time bonusing.

"B2B licensing would give the regulator better tools to cull the unlicensed operators from the market. They will always be one click away."

To continue reading please log in or request a demo to speak to a member of the team.

Request a Trial