Casino sector drives double digit growth at Kindred
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The company published its interim report for the period between January and September. Gross revenues in the third quarter were up six per cent to £298.4m and underlying EBITDA was up 13 per Cent to $84.2m. Profit after tax was £60.6m compared with £52.5m in previous quarter.
Kindred Group reports double digit growth in profits. Revenues for the third quarter were up 6%, EBITDA up 13%, profit after tax was £60.6m. For the nine months revenue was up 33%, profits after taxes were £220m, compared with £80m last year. Kindred's services will be closed to Dutch residents until a licence is awarded to service the Dutch market under the Remote Gambling Act.
