On the search for "Cherry%20Casino" we found the following results:

Cherry’s Game Lounge acquires Finnish affiliate domains

27 Jul 2015

Cherry-owned Scandinavian affiliate group Game Lounge has acquired a number of Finnish affiliate domains to support further expansion. Under the terms of the agreement, Game Lounge has acquired prominent Finnish affiliate domains,,,, nettiveikkaus.ey and for a consideration of Euro 1.2 million. The acquired affiliate sites will give marketing support to …

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Cherry Group acquires German-Facing online casino business

2 Jul 2015

The Swedish online gambling group Cherry AB announced Thursday that it has acquired 71 percent of the shares of the Malta-based company Almor Holding Limited, an online casino business specialising in German-speaking markets. The effective date of the acquisition is July 1 2015 and Cherry AB will consolidate Almor within its group accounts from July …

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Cherry launch new Eurolotto website

15 Jun 2015

Cherry’s has been relaunched in partnership with lottery software provider Kootac. The revamped website offers online players access to prominent global lotteries which comprise Europe’s EuroMillions and EuroJackpot; the U.S.A.’s MegaMillions and Powerball; Italy’s SuperEnalotto; and Germany’s Lotto 6/49. Lottery lovers can buy tickets online, access results and put themselves in line for exclusive …

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Burvall confirmed as Cherry Group CEO and president

21 May 2015

The board of directors of Cherry AB has confirmed Frederik Burvall in the chief executive post and as president of the company with immediate effect. The former CFO, who joined Cherry nine years ago, was appointed acting CEO in December last year . Chairman of the board, Rolf Åkerlind, said in a statement: ”Fredrik Burvall …

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Online gambling the mainstay in Cherry AB enterprise

12 May 2015

The Stockholm-listed land and online gambling group Cherry AB has published its Q1-2015 results, flagging the following highlights: * 49 percent growth for online gaming and 156 percent growth for software subsidiary Yggdrasil Gaming; * Group revenue up by 31 percent to SEK 95.3 million (previously 73.0); * Online gaming makes up 63 percent (55) …

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Cherry Group launches Yggdrasil’s progressive jackpot slot

30 Apr 2015

The Cherry online gambling group has become the first operator to debut Yggdrasil Gaming’s pooled progressive jackpot video slot, Joker Millions. The new slot has exclusively launched on Cherry’s flexible platform on the gaming sites,, and, a spokesman revealed Thursday. Joker Millions is a 5×3 slot with 25x win multiplier, paid …

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First white label from Cherry and Game Lounge

8 Apr 2015

Svea Casino is the first white label launch from Cherry’s collaboration with affiliate business Game Lounge. Our readers will recall Cherry acquiring a 51 percent stake in Game Lounge earlier this year. The new destination targeting the Scandinavian market offers gaming content from NetEnt, Microgaming, Yggdrasil Gaming and Amaya along with a sleek simple design …

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Cherry appoints group CFO

16 Mar 2015

Swedish online gambling firm Cherry has named Alexander Pettersson (32) as group chief financial officer with immediate effect. Pettersson succeeds Fredrik Burvall who assumed the position of acting chief executive officer of Cherry in December 2015 (see previous report). Prior to his appointment, Pettersson worked within strategy and sales at Betsson and as an auditor …

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Cherry FY2014 delivers strong revenue growth

18 Feb 2015

Swedish gaming group Cherry reported record turnover across all business areas during its fourth quarter but a net loss affected by a change of executive directorship and its lottery product Klubblo. Online gaming was a star performer delivering a 60 percent growth Key performance highlights for the 4th quarter ending December 31, 2014 include: Group …

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Cherry halts investment in sports lottery

30 Jan 2015

The Swedish online gambling group Cherry has decided to phase out its involvement in the Swedish sports lottery Klubblo, citing changing conditions for conducting the business. In a statement Friday, Cherry explained that the Swedish gaming regulator, Lotteriinspektionen, has changed the application of the regulatory framework, which has made it impossible for Klubblo to cooperate …

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Cherry group enters affiliate sector

29 Jan 2015

The Swedish online gambling group Cherry has entered the affiliate sector of the industry after acquiring a 51 percent stake in affiliate management business Game Lounge Limited. The deal is expected to widen white label provision opportunities for Cherry using the affiliate firm, with Svea an early possibility. A Cherry spokesman said that Cherry …

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Top management changes at Cherry

4 Dec 2014

Cherry Group principle shareholder and founder of subsidiary AutomatGruppen, Morten Klein, is back in the saddle, taking a newly created role in the group as head of business development and partnerships, working closely with the Malta management team of the group and concentrating on internet gambling as the Cherry increasingly focuses on this aspect of …

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Cherry AB losses down in third quarter

6 Nov 2014

The publicly listed Swedish gambling group Cherry AB has posted its quarterly and 9 month interims to September 30, flagging increased revenues and a reduction in its losses, but heavy expenses due to big player wins and energetic marketing. Q3-2014 highlights include: * New turnover records across all business areas; * Group revenue up by …

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Cherry AB reports muted half year performance

27 Aug 2014

Stockholm-based online gambling group Cherry AB has reported its half year results to 30 June 2014, with record turnover numbers, but declines in EBITDA. Highlights of the group’s Q2-2014 include: * Group turnover up by 24 percent to SEK 76.4 million (61.6). * EBITDA down SEK 4.1 million (-9.2). * Profit after tax down SEK …

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Redbet and Cherry among latest additions to Bulgarian black list

29 May 2014

Websites owned by Swedish online casino and poker operators RedBet Gaming ( and and Cherry ( join and as the latest additions to the Bulgarian State Commission on Gambling’s latest blacklist of unlicensed sites accessing local punters.

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Cherry to take on Amaya online gaming content

22 May 2014

Amaya Gaming Group Inc. will provide online casino content to Cherry AB subsidiary PlayCherry Ltd in a licensing agreement inked this week. Players on PlayCherry’s European gaming portals, and will gain access to a selection of games available on Amaya’s Casino Gaming System platform comprising online and mobile slots, video poker and …

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Cherry satisfied with first quarter 2014 results

13 May 2014

Cherry AB said it continues to gain market share in both its online and restaurant casino sectors. Strong growth in online was recorded over the company’s first quarter 2014 period of 43 percent along with a 50 percent increase in deposits, a performance attributed to extensive marketing activities, mainly concentrated on Cherry and Spille …

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Investment in online affects Cherry results

18 Feb 2014

Swedish gaming operator Cherry has reported substantial growth in online gaming in its Fourth Quarter 2013 and Full Year 2013 fiscal results. Ongoing investment in the online business sector, while substantially burdening Cherry’s 2013 results, have provided the company with the platform to develop further, said Emil Sunvission, chief executive officer. Cherry launched several new …

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Cherry Group acquires 49 percent of online gaming company

7 Nov 2013

The Swedish online gambling group Cherry has acquired 49 percent of the shares in Curacao-based Internet gaming company Web Resorts NV. The company owns several domains including and, which offer online casino action powered by BetSoft Gaming. Cherry will pay Euro 3.3 million in a cash consideration, and an additional performance based purchase …

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Cherry encouraged by growth in online gaming

7 Nov 2013

Cherry has released its third interim report for the nine month period ending September 30, 2013. The company reported good growth in its online gaming interests of 32 percent, achieved through a significant investment in marketing which has negatively affected profit in the short term. Key highlights for the three month period ending September 30, …

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Swedish sports alliance deal for Cherry online gambling group

14 Oct 2013

The Swedish online gambling group Cherry AB has entered into a partnership with the Swedish Sports Alliance (Idrottsalliansen) and media company Metro Nordic Sweden AB to launch a new lottery for the funding of Swedish sports clubs. The not-for-profit organisation Idrottsalliansen is the principal of the new lottery Klubblo. Potential beneficiaries, in addition to Idrottsalliansen, …

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Impressive online gambling increases at Cherry Group

28 Aug 2013

The Swedish gambling group Cherry published its H1-2013 results Wednesday, posting improved revenue and profit numbers. Highlights of the period to 30 June 2013 included: * Second quarter cash at SEK 106.7 million, with online gambling deposits up 64 percent. * Group turnover increased 15 percent to SEK 61.6 million (53.4). * EBIT down at …

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Cherry launch new online casino

26 Jun 2013 is the latest online casino offering from Cherry AB. The new online casino has a focus on slot machine games, provides personalised VIP services and cooperation with local teams and sports associations. Emil Sunvission, chief executive officer at Cherry, has big expectations for the company’s latest product which he says it both a credible …

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Internet operations good for Cherry in first quarter 2013

7 May 2013

The Swedish and Malta-based online and land gambling group Cherry has posted a solid Q1-2013 interim report ending March 31, and highlighting the following key performance indicators: * The company sold its Automaten sites for SEK 286 million, a profit of SEK 26.4 million. * Online gaming grew 35 percent, with deposits up 84 percent. …

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