Kindred withdraws from the American market

The Swedish gambling group Kindred Group will withdraw from the American market for gambling. The company announced that the company would be hired after June 30, 2023. This is not surprising. Last autumn, the Kindred hired the poker game in the Federal Republic. American customers are particularly affected by the closure of Unibet. The group stated that the withdrawal is due to current legislation in USA. The focus is now on the market in North America.

Restrictive Gaming State Treaty makes little sense for companies and customers

The group made no secret for what reasons the retreat from the American market. Accordingly, the current legislation for gambling and the lengthy processes is crucial. Accordingly, the company has withdrawn the application for a license. This was requested two years ago. No users have been able to register at Unibet since June 9. All American players were informed about the retreat on the Unibet’s website. There it says: “Unibet sets the service for American customers. This difficult decision was made on the basis of the current license conditions that contain restrictions in certain product segments and product offers. This made it impossible for us to offer our players the best possible experience that we know that you deserve it ”.

The company made no secret of the fact that the current conditions on the American market are not competitive. Therefore, the group could not offer its shareholders any added value. The market for the company was not economical. In addition, the offer from the player perspective by the Gambling State Treaty The required containment of the pre-game and live bets became uninteresting. The gambling group left open whether Kindred returns to the American market again.

On the other hand, Kindred on the Dutch market received a license. Two days after the award by the Dutch gambling authority Kanspelautoriteit (KSA), the Unibet side went online on June 10th. In addition, Kindred wants to focus more on the market in North America in the future. There is great growth potential there.

Rapid payment recommended

So far, Unibet did not have been noticed by payout difficulties. However, it is recommended that existing credit should be paid out quickly. Unibet states that customers can log in to the first quarter of 2023 on the page. However, there is no precise date. In any case, it is no longer possible to submit the sports betting from July. Therefore, users should pay their credit as quickly as possible.

About Kindred

Kindred is one of the leading gaming providers worldwide. The company was founded in 1997. It now includes nine brands. The acquaintances include Unibet and 32Red. In addition to sports betting, Kindred is active in the market for online casinos, bingo and poker. The latest technology and innovation in particular are characterized by Kindred. The aim of the regulated markets is to be successful. The company is listed on the stock exchange and has 2,000 employees at twelve locations. Kindred is committed to player protection and has announced that they no longer want to generate income from harmful gambling by 2023. To this end, Kindred leads a statistics on his homepage on which you can understand how high the proportion is.