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Kindred Group Leaves North America and Norway; Reduces Number of Employees

Kindred Group, an online gaming operator of casino, poker, bingo, and sports betting, announces that the group will continue to exit the North American market expecting to complete the process by the end of Q2 2024. The Company also announces that it will focus on core markets to ensure growth of its operations, as well as on cost effective initiatives that will include a reduction of more than 300 employees in 2024.

Withdrawal from North America:

The Group expects that these activities will result in annual gross savings of around GBP 40 million ($50.7 …