Kindred Group has completed its purchase of Casino Blankenberge. The online gambling firm acquired 100 percent of the shares of the Belgium casino from the Rank Group Plc for £25 million (US$34.6 million).
Blancas NV renewed its casino licenses with the Belgian Gaming Commission, along with signing a 15 year agreement with the city of Blankenberge, according to Gambling Insider.
“The acquisition will solidify Kindred’s long-term operations and commitments in Belgium and will allow Kindred to continue to offer an attractive offering to Belgian customers,” Kindred said in a statement.
Kindred will retain the current management team led by Dominique De Wilde.
