Kindred to increase Stockholm workforce following relocation

10 April 2019

Kindred Group has completed its move to new state-of-the-art premises in Stockholm, where the operator expects to hire 250 new employees to consolidate expansion “in the coming years”.

The move to the AMF Real Estate in Urban Espace facility (pictured) in the Swedish capital has more than doubled the workspace for Kindred’s 350 employees in the city, from 3,000 to 7,000 square metres. Kindred will take up two floors in the building, with other tenants in the tech cluster including Microsoft, EQT and Netlight.

The operator, which has around 1,500 staff members worldwide, anticipates significant growth after having posted a 20.8% year-on-year increase in revenue to £907.6m (€1bn/$1.2bn) in 2018.

Kindred, which is listed on the Nasdaq Stockholm Large Cap exchange, also went live in the newly regulated Swedish market at the start of the year, expanding on its links to the country.

“It is very exciting to finally move into new premises in the middle of Stockholm where we can continue to grow at a fast pace,” Kindred chief executive Henrik Tjärnström said.

“Since the birth of Kindred more than 20 years ago, it has been important for us to create a work environment that reflects our culture and our values.

“We are in an expansive phase right now and the new premises will allow us to grow rapidly. Several hundred new employees will be recruited to the Stockholm office in order for Kindred to secure its position as a digital gambling company at the forefront of technology development and sustainability.”

In other news, Kindred-owned Unibet has been unveiled as the official betting partner of the Qatar Goodwood horseracing festival – commonly known as ‘Glorious Goodwood’ – in the UK county of Sussex.

Unibet has sealed a three-year deal, running through to 2021, with the agreement encompassing exclusive naming rights for the feature races across the week, including the Stewards’ Cup, Golden Mile and Nursery Stakes.

The 2019 festival will take place from July 30 to August 3.