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Kindred signs strategic partnership with Mohegan Sun Pocono in Pennsylvania.

M2 EQUITYBITES-January 29, 2019-Kindred signs strategic partnership with Mohegan Sun Pocono in Pennsylvania

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Kindred Group Plc (STO:KIND-SDB), a leading online gambling operator, announced on Monday the signing of a strategic partnership with Mohegan Sun Pocono, covering online and offline sports betting and online gaming in Pennsylvania.

This agreement covers an initial five years, with the possibility to extend for two additional five-year terms.

Reportedly, under this partnership, Kindred will offer customers an online sportsbook and casino experience under the Unibet brand, as well as a Unibet sports betting lounge at Mohegan Sun Pocono.

Mohegan Sun Pocono offers a complete experience from hotel, food and shopping to gaming and entertainment. Combining Mohegan Sun Pocono's full destination experience with Kindred's digital customer experience and data analysis capacity is expected to create a unique and strong offering in Pennsylvania.

Reportedly, Pennsylvania will be the second state that Kindred Group has entered, following its entrance in New Jersey. This partnership with Mohegan Sun Pocono is a part of Kindred's process to secure regulatory approval in Pennsylvania.

Kindred Group added that it will continue to invest in growing its US operations where market conditions support a sustainable business model.

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Publication:M2 EquityBites (EQB)
Geographic Code:1U2PA
Date:Jan 29, 2019
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