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Who is 32 Red owned by?

Published in Online Gaming Ownership 2 mins read

32 Red is wholly owned by the Kindred Group Plc.

This strategic acquisition places 32 Red under the umbrella of one of the largest and most reputable online gaming operators globally. The Kindred Group's ownership ensures that 32 Red benefits from a robust operational framework, extensive industry expertise, and a commitment to responsible gaming.

Kindred Group Plc: The Parent Company

Kindred Group Plc is a leading global online gambling operator with a portfolio of well-known brands across Europe, North America, and Australia. Their acquisition of 32 Red strengthened their position in key markets, leveraging 32 Red's established brand recognition, particularly within the UK online casino sector.

As a parent company, Kindred Group Plc is known for:

  • Diverse Brand Portfolio: Operating numerous online casino, poker, bingo, and sports betting brands.
  • Market Leadership: Being a significant player in the online gambling industry, recognized for its scale and technological innovation.
  • Responsible Gaming Focus: Implementing strong measures to promote safe and responsible gambling environments across all its brands.

32 Red's Operational Base in Gibraltar

While owned by the Kindred Group Plc, 32 Red maintains its operational base in Gibraltar, a British Overseas Territory. Gibraltar is renowned as a prominent hub for many of the largest operators in the egaming industry. This location offers:

  • Favorable Regulatory Environment: A well-established and respected regulatory framework for online gambling.
  • Strategic Location: Proximity to key European markets and a robust digital infrastructure.
  • Concentration of Talent: Access to a specialized workforce experienced in the online gaming sector.

Key Details of 32 Red's Ownership

Understanding the ownership structure provides insight into the operational stability and strategic direction of 32 Red.

Aspect Detail
Parent Company Kindred Group Plc.
Ownership Type Wholly Owned
Operational Hub Gibraltar (A British Overseas Territory, home to many large egaming operators)
Industry Sector Online Casino, Sports Betting, Bingo, Poker (as part of the broader Kindred Group offerings)
Key Benefit Integration into a larger, well-resourced global gaming enterprise, enhancing market reach and operational efficiencies.