One of the world’s leading online gambling operators, Kindred Group, announced today that its CEO Henrik Tjärnström delivered his resignation to the Board of Directors with immediate effect. According to the company’s web page, the Board proceeded with the immediately effective appointment of Nils Andén as interim CEO.
Confident in Company’s Potential:
Nils Andén reportedly said: “I look very much forward to working closely with our Board of Directors, the executive management team and all employees to achieve the goals of Kindred. I re-joined Kindred in 2020 as its Chief Commercial officer, after having had positions within Kindred between 2006 and 2016 as Head of Poker, Head of Established Markets and Chief Marketing Officer for the Unibet brand. I have a strong belief in our organization and the business models that have made this Company so successful and am more confident than ever in Kindred’s potential.”
The ex-CEO Henrik Tjärnström briefly commented: “I am very pleased with the Board of Directors’ choice of Nils Andén as the interim CEO, guaranteeing a smooth hand over. ”
Valuable Contributions and Milestones:
Commenting on the hand over, Evert Carlsson, Chairman of the Board of Directors of Kindred, reportedly said: “Henrik has been at the helm through many important milestones passed by Kindred and has undoubtedly put his mark in both the history of the Company and the industry. Thus, on behalf of the Board of Directors and all shareholders I would like to thank Henrik for his valuable contributions to the success of Kindred throughout the years he has led the Company and wish him well in his future endeavours.”
Carlsson added: “The Board of Directors is equally pleased and excited to appoint Nils Andén as interim CEO. Nils is naturally very knowledgeable about the operations of Kindred, having worked with Henrik in the executive management team of Kindred. The Board of Directors deems that Nils is ideally suited to assume this role in these pivotal times for Kindred.”
New Leader:
Nils Andén will lead the company’s operations spread across Europe, US and Australia and serving over 30 million customers. Andén worked for Kindred Group at several positions between 2006 and 2016. After a four-year period of work for Unibet, CurrencyFair, and Entain Group, he re-joined Kindred Group in 2020 again to take responsibility of the position of Chief Commercial Officer for Scandinavia, East and South Europe and North America.
Andén’s knowledge and long-time experience with the company has now made him the leader of both its operations and the 2,500 people working for the prestigious brand.
The legal status of online casinos in India is complex and varies by state. While there is no federal law that explicitly addresses online gambling, the legality depends on state regulations and the type of gambling involved.
Key Points:
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No National Law: India does not have a specific national law regulating online casinos. However, the Public Gambling Act of 1867 prohibits operating physical casinos and gambling houses, but it doesn't cover online platforms, leaving a legal grey area for online gambling.
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State-Specific Laws: Some Indian states, like Goa, Sikkim, and Daman, have legalized land-based casinos, and others, such as Sikkim, have also licensed online gambling. Many states have banned gambling altogether, including online gambling.
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Online Sports Betting: Betting on sports, particularly cricket, is very popular in India. However, it's only explicitly legal in some states like Sikkim and Nagaland, which have laws permitting online gaming and betting.
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Legal Gray Area: Many international online casinos accept Indian players and operate legally under licenses from offshore jurisdictions (like Curacao or the UK Gambling Commission). As long as players are gambling on licensed platforms, the risk is minimal, but local authorities may still choose to regulate or restrict online gambling.
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Cryptocurrency: Some Indian players prefer using cryptocurrencies (like Bitcoin) for online gambling, as it provides a layer of anonymity and security.
While online casinos aren't explicitly legal across all of India, many international casinos accept Indian players, and online gambling continues to grow in popularity. Players should ensure they use licensed platforms and understand local laws before engaging in online gaming.
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