Kindred Group completed the acquisition of the remaining 66.7% stake in Relax Gaming for $247m.

Kindred Group, an online gambling operator, completed the acquisition of the remaining 66.7% stake in Relax Gaming, a B2B iGaming software supplier, for $247m. "Through this acquisition we add a rapidly growing and profitable B2B business with a world-class product portfolio, giving us greater control over our casino, poker and bingo offering, putting Kindred in a significantly better position to achieve our long-term strategy to increase our focus on product differentiation and customer experience," Henrik Tjärnström, Kindred Group CEO.