Gambling
Kindred high-risk player revenue share dips in Q2
Kindred Group reported a year-on-year fall in the share of revenue it generated from high-risk players during the second quarter, while customers are responding positively to the operator’s interventions.
Of all revenue reported in Q2, some 3% came from customers that Kindred classes as high-risk its latest Journey Towards Zero report shows. The quarter covers the 90-day rolling period from 19 March to 18 June, and tracks revenue from players that self-exclude for six months or longer.
This rate is slightly lower than 3.1% in the same quarter last year. It is also down from 3.2% in Q1 of this year.
Kindred also noted a rise in the percentage of detected customers who exhibited improved behaviour after interventions. For Q2, this hit 86.8%, which, is marginally higher than last year (86.4%) but behind 87.1% in Q1 this year.
The operator has been reporting quarterly data in these customers since February 2021, as part of a long-term effort to generate no revenue from this segment by 2023.
Kindred positive over slow decline of high-risk revenue
Alexander Westrell, director of communications at Kindred, said while the share of revenue from high-risk players has been stable over the past quarters, the group is pleased to see the long-term trend of a slow decline. When it launched the initiative in Q2 2021, around 4.3% of group revenue came from harmful play.
“We are working hard across the group to ensure our customers enjoy our products in a safe and sustainable way,” Westrell said. “This includes educating customers, stakeholders, and partners about safer gambling initiatives.”
However not all customers self-exclude for gambling concerns, Westrell added. Going forward Kindred will look to distinguish self-exclusions related to actual behavioural risks, to identify those that need support to stop gambling more effectively.