Kindred Group founder announces departure

Anders Ström launched in 1997 a sports gambling operator for Swedish gamblers that would give them the chance to stake over the phone. The company was called Unibet. The Swedish sportsbook belongs nowadays to Kindred Group Plc. His company has grown over the years, establishing itself as a well-respected international bookmaker. Thus, Ström announced earlier this year that at the end of his current tenure as the non-executive chairman, he would leave the company.

Ström Leaving Kindred a Lot to Look Forward To

During the first two years of its inception, Unibet saw its first major growth; having a dual-language, English and Swedish, website and an expansion in Malta. The acclaimed Swedish gaming operator is now the largest online gambling company to be listed on the Stockholm Stock Exchange, known nowadays as the Nasdaq Stockholm AB exchange.

Ström explained in his statement: “Some years ago, I made the promise to myself that before my 50th birthday, I would start to disengage from the forward positions in the companies that I am invested in and spend more time managing the investments as such and with my family.” 

Ström turned 50 and is ready to depart. He continued saying: “Kindred has undertaken a fantastic journey during the 23 years that have passed since I founded its most well-known brand, Unibet, and has developed into a great company with almost 30 million players, 1,600 employees, and with excellent further opportunities of growth with the right strategies and focus. Hence, I look forward to taking part in such a growth in value as an owner and investor.”

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