Vlad Casino and Kindred Group make joint efforts for zero revenue from harmful gambling

Wednesday, 30 August 2023

2023 is the year Vlad Casino aims to have zero revenue from harmful gambling. In other words, players who access www.vladcazino.ro should only have fun. But for this to happen you need to get involved. You don’t have to do much, just be responsible with yourself, your money and your time.

Vlad Casino has created a mechanism that has proven its usefulness and efficiency so that its main goal of providing only safe entertainment can be achieved. Specifically, Vlad Casino has invested heavily in resources to provide its players with multiple opportunities to always be in control:

Get a reality check! What does this mean? Test your player profile and answer a few questions to find out more about your gaming habits. It is very important to find out if the risks you take when having fun are not too high. Remember, you’re playing for money. It’s natural to take precautions.

Every 60 minutes Vlad Casino will inform you of how long you have been online and playing, how much you have won and lost during this time or will notify you of any major changes in your activity, for example if you bet more than usual or spend more time online.

Vlad Cazino encourages you to set limits. Deposit limits, loss limits. The important thing is to make sure you never spend more than your limit.

Take a break. If you feel that there are games that you are not comfortable with at a particular time, you can take a break from them and block that product and play something else… You can block access to a particular product for 24 hours, 7 days, 1 month, 3 months or 6 months. You will no longer be able to access the blocked product until your chosen time limit expires.

You can self-exclude. If you feel you need a longer break you can block access to your account for 24 hours, 7 days, 1 month, 3 months or 6 months. You will only be able to log back into your account once the self-exclusion period is over.

 Help and support. Because nothing is more important to Vlad Casino than your safety, the online platform provides a help and assistance centre for those who have problems with gambling. Our professional customer service team is always available to answer your questions or concerns. Get in touch with them by visiting the Responsible Gambling section of theInformation Centre.

The prohibition of underage gambling is taken very seriously by Vlad Casino and is an absolute priority for the operator. To reduce the chances of minors using their site, Vlad Casino will ask for identification if they suspect that a particular customer is under 18. If you are concerned about a minor using their site, please do not hesitate to contact them through theInformation Centre and they will take appropriate action. On top of that, Vlad Casino works with the world’s best parental control and web content filtering software: Net Nanny. Find out more at netnanny.com.

 

Journey towards ZERO

The “Journey towards ZERO” of the revenue share from “harmful gambling” seems to us to be the most ambitious project undertaken by any online gaming operator in the world in the field of responsible gambling! And Kindred Group is committed to this.

Gambling should provide thrills and excitement. This is what Kindred Group strives to offer all their players. However, for a small percentage of people, gambling becomes harmful, affecting not only the lives of gamblers but also those of their family and friends. As one of the world’s largest gambling operators, preventing harmful gambling is one of their top priorities and is addressed through various measures across the organization.

The goal of this journey states that over time, zero percent (0%) of their platform revenue should be generated from harmful gambling. This ambition can be achieved through facts, targets and transparency.

Quarterly progress towards this goal is tracked and the share of revenue from high-risk players is openly disclosed on a regular basis. In addition, the Group reports the proportion of customers who change their behaviour in a positive direction after an intervention has been implemented as a result of being detected by their responsible gambling prevention system.

Kindred’s commitment to contributing to a sustainable industry in all markets continues

Recently Kindred Group reported that in the second quarter of 2023, Kindred’s share of revenue from harmful gaming was 3.1%. The improvement effect after interventions was 86.4%.

Group-wide statistics show a decrease in the share of harmful gambling revenue from 3.8% in Q3 2022 to 3.1% in Q2 2023. At the same time the improvement effect after interventions increased from 82.6% in Q3 of the previous year to 86.4% in Q2 of 2023. You can also see the trends by quarter from the table below.

Global Statistics for Kindred Group   Quarter 3 2022   Quarter 4 2022  Quarter 1 2023  Quarter 2 2023 
Share of gross winnings from high-risk gamblers 3.8% 3.5% 3.3% 3.1%
Improving effects after interventions 82.6% 82.1% 83.0% 86.4%

 

Kindred Group, a successful business!

Kindred Group, the company that also owns the Vlad Casino brand, announced exceptional financial results in mid-2023.

Here are some figures:

  • Total revenue was £613.7 million, an increase of 26%.
  • Gross earnings revenue increased by 25% to £595.6 million.
  • EBITDA increased by 111% to £105.1 million.
  • Profit before tax was £63.5 million.
  • Profit after tax was £53.3 million.

The diversity of the market portfolio ensures stability across the group, with particularly good performance in several markets, including the UK, Denmark, the Netherlands and Romania.





Author: Editor

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