Malta-based online gaming operator Kindred is further expanding its presence in the United States. The company has inked an agreement with Penn National Gaming which is likely to provide market access in Ohio and Illinois for operating both, online gaming and online sports betting, pending applicable laws being enforced and both parties gaining proper access to all necessary gaming licenses.
As per sources familiar with the knowledge of the matter, earlier, Kindred had successfully established its presence in Indiana, New Jersey, and Pennsylvania. Now, with the signing of this deal, the online gaming operator has added Ohio and Illinois to the list. As per the terms and conditions of the agreements, Kindred, will be granted access, under the Unibet brand, to pursue licensing in Ohio, through Hollywood Casino, and in Illinois, through Argosy Casino Alton. These agreements reportedly span a ten-year duration.
Manuel Stan, Senior Vice President, Kindred, has reportedly been quoted to state that establishing and strengthening their brand presence in two main states such as Ohio and Illinois and extending their reach in the United States has been very thrilling for Kindred. Including both these key states in the list of Pennsylvania, New Jersey, Indiana, and Iowa depicts Kindred’s commitment to establish Unibet in the US, he says, adding that Illinois being one of the largest states in the U.S., is likely to be the next state the company is aiming to target for launch.
For the uninitiated, the online gaming operator is likely to continue investing in expanding its operations in the United States wherein the market conditions are suitable to support a sustainable business model. Also, Kindred will be leveraging Pala Interactive's Online Gaming Platform and it also has plans to integrate with Kambi, the sports betting provider.
Source Credits: https://www.prnewswire.com/news-releases/kindred-expands-us-footprint-with-deals-in-ohio-and-illinois-301125403.html#:~:text=LONDON%2C%20Sept.%208%2C%202020,both%20parties%20obtaining%20all%20necessary