Disclosure: GoodLuckMate is reader-supported. We may earn a commission if you sign up to a casino via links on our site. Find out more.
Kindred Reports Revenue Share From Problem Gamblers Decline
Kindred Group takes problem gambling pretty seriously. To prove that, it does its best to minimize the number of gambling addicts among its customers. The gaming giant has now reported a quarter-on-quarter decline in the revenue share generated by customers with gambling problems. The main goal of the company is not to have any revenue from problem gamblers by 2023. At the moment, their activities make up 3.9% of the revenue, a decrease from the 4.3% share during the last quarter of 2020. It seems that Kindred is doing a great job, but there is still a lot of work in front of it.
Safe Gaming is a 21st Century Imperative
Kindred published the data in its latest ‘safer gambling update’ for the stakeholders. The paper also claims that there has been a general improvement in terms of customer behavior. After several initiatives, 76.6% of customers who showed signs of gambling addiction improved their behavior between January and March 2021. In the previous quarter, 75.5% of customers adapted to responsible ways of gambling. This increase might not look significant, but considering the number of Kindred’s customers, it proves its customer care team is dedicated to helping users keep gaming on the safe side.
The Journey Towards Zero strategy aims to eliminate gambling problems among customers by 2023. To make it happen, Kindred is collaborating with specialized organizations, help centers, and other initiatives. It also collaborates with Experts by Experience, a group of former gambling addicts who provide a helping hand to those affected by the problem.
Kindred chief executive Henrik Tjärnström stated that it is nice to see numbers decline. He added he understands that the decrease will not be steady, and the company might encounter a few bumps along the way. Tjärnström said he expects to see an increase in some quarters. Still, he hopes their focus will remain strong. The executive made it clear this is a long-term process that requires fact-based and constructive dialogue.
Journey Towards Zero Strategy
The essence of the new strategy is the Player Safety – Early Detection System (PS-EDS). It detects patterns that indicate there might be a gambling problem present. Then, the system sends personalized messages to warn customers about a possible problem. In 2020, Kindred sent around 58,000 warning messages. 70% of customers who received such a message made a smaller deposit next time and 12% set some additional limits through the safe gaming tools integrated on the platform.
Another major aspect of the strategy is the education of the skilled player sustainability team. Kindred is also the host of the Sustainable Gambling Conference. This forum gathers researchers, authorities, and regulators and encourages them to share knowledge and experiences.
Maris Catania, head of Responsible Gaming & Research at Kindred, said 0% is just a vision and a goal. She remained realistic and explained that getting as close to zero possible is still a sign of their social responsibility. “The challenges are huge. But we want consumers to expect safer gambling measures and ask the tough questions on affordability”, she added.
Kindred Group is one of the biggest iGaming operators. It runs popular brands like 32Red, Maria Casino, Unibet, and Bingo.com. It was founded in 1997 by Anders Ström.