The operator of one of the most reputable online casinos in Germany, the Unibet Casino, has now published the business figures for the past year 2016 and not only conjured Betway no deposit sign up bonus a happy smile in the face of one’s own investor but also signaled to the competition that with the Kindred Group, Despite a new name, will continue to be expected. Especially the last quarter was particularly outstanding. Gross winnings, players’ winnings minus the winnings, rose from 114.4 million to now 152.8 million pounds in the last three months of last year compared to the 2015 settlement period.
In the wake of the increase in sales, EBITDA and profit after tax also declined sharply. While EBITDA rose sharply from 27.1 million to now 39.3 million pounds, there was also a strong boost in earnings, which now amounts to 29.4 million instead of 19.4 million pounds Quarter of the year 2015. However, not only the last three months were excellent for the Kindred Group, as the fourth quarter only set the crown worth the long-term trend of the Group.
Over the entire 12 months, the company was able to raise gross profit from the business segments sports betting, online casino and poker to 544.1 million pounds. The year before stood 354.1 million pounds in the books. Just as in the fourth quarter, the significant increase in sales also had a positive impact on EBITDA, and so it was also uphill from 80.4 million in 2015 to now 123.7 million pounds. There was also only a positive report on profit after tax.
Here the Group’s profit climbed from 55.7 million to now 83.9 million pounds. Investors are also welcome to see the very strong numbers of the Unibet casino operator, as the mandatory dividend has also been increased, so instead of the 0.235 pounds last year, there is now £ 0.31 per share. This year, the Kindred Group is distributing approximately £ 20 million more to shareholders than at the end of the year, at 71.4 million pounds.
Online casinos and mobile casinos are the driving horses For many years, the business of sports betting has been a major driver of growth for the Kindred Group and its flagship Unibet, as the name suggests, and the company was founded in 1997. However, just as the entire sector of the virtual gaming halls, mobile casinos and live casinos, achieved massive growth rates over the past year, the priority of the individual business segments at Kindred Group is shifting further and further from sports betting to slot machines and roulette.
Of the roughly 152.8 million pounds of gross cash games in the fourth quarter of 2016, 74.9 million pounds were spent on their own online casinos like Unibet and 68.5 million pounds on sports betting. In terms of growth, as against the last 3 months of 2015, the Internet casinos were ahead of the game with 48 to 46 percent against betting on sports events.