Tag Archives: Cherry AB

ComeOn secures tough GlüNeuRStv sportsbook licence

SBC News ComeOn secures tough GlüNeuRStv sportsbook licence

The registry of the Ministry of Sports and the Interior of Saxony Anhalt has confirmed that it has granted a German Fourth Interstate Treaty (GlüNeuRStv) licence to ComeOn Gaming. Cherry AB’s B2C unit has registered the brands of sunmaker.de, comeonwetten.de and mobilebet.de under its approved German licence. Though having secured its GlüNeuRStv licence, ComeOn has yet to disclose whether it …

Read More »

Yggdrasil founder Elmqvist passes CEO helm to Björn Krantz

SBC News Yggdrasil founder Elmqvist passes CEO helm to Björn Krantz

Yggdrasil Gaming has transitioned to a new leadership era, as company founder Fredrik Elmqvist has called time on his decade long tenure as Chief Executive of the games publisher and online casino solutions provider. Effective today, Elmqvist has been succeeded by Björn Krantz as CEO, who has been promoted from his former position as Chief Officer of Global Market Operations. …

Read More »

ComeOn undertakes C-level makeover with three new appointments

SBC News ComeOn undertakes C-level makeover with three new appointments

ComeOn Group has reorganised its C-level leadership team after announcing the appointment of three new executives to lead its product, technology and performance marketing units.  The B2C online gambling subsidiary of Cherry AB has promoted Gaming Director Cristiano Blanco to Chief Product Officer (CPO). Blanco will be charged with directly overseeing the combination of product operations, product development & design, …

Read More »

ComeOn names Juergen Reutter as new CEO

ComeOn names Juergen Reutter as new CEO

Cherry AB subsidiary ComeOn Group has confirmed the appointment of Juergen Reutter as its new Chief Executive, effective immediately. Reutter has replaced Lahcene Merzoug as CEO of ComeOn after the executive confirmed he would be stepping down in Q3 of this year to pursue ventures outside of the igaming sector. A 20-year industry executive, Reutter is the former founder and CEO …

Read More »

ComeOn rebrands to reflect company set-up

SBC News ComeOn rebrands to reflect company set-up

iGaming operator ComeOn has confirmed that it will be changing its name to ComeOn Group so that it can better reflect the company set-up and overall strategy. As it stands, ComeOn Group consists of 20 brands across multiple markets, holding gaming licenses in Malta, Sweden, Denmark, Poland and Germany. “As for many other operators in our industry, adding Group to …

Read More »

ComeOn withdraws all brands from UK market

SBC News ComeOn withdraws all brands from UK market

Issuing a short market statement, the leadership of European online gambling firm ComeOn has confirmed that it has withdrawn all active brands from the UK online gambling marketplace. Updating stakeholders, ComeOn Chief Executive Lahcene Merzoug confirms that the flagship ComeOn.com domain, along with subsidiaries mobilebet.com and getlucky.com will withdraw from the UK, choosing to ‘focus on more favourable markets. 2019 …

Read More »

Cherry AB delivers excellent final statement as a Stockholm enterprise

SBC News Cherry AB delivers excellent final statement as a Stockholm enterprise

The governance of Cherry AB has today published the online gambling firm’s last trading statement as a Stockholm Nasdaq-listed enterprise, as Cherry transitions to new ownership, managed by private equity vehicle Intressenter Bidco. Continuing its strong 2018 momentum, a reformed Cherry AB posts a 44% increase in full-year group revenues to MSEK 3,236 (2017: MSEK 2,252), detailing growth across its core B2C …

Read More »

Yggdrasil muscle & ComeOn recovery see Cherry AB confident of future prospects

SBC News Yggdrasil muscle & ComeOn recovery see Cherry AB confident of future prospects

Stockholm-listed online gambling group Cherry AB continues its strong 2018 momentum, reporting a further trading quarter driven by organic growth, delivering double-digit increases across its core metrics and KPIs. Publishing its Q3 trading update (period ending 30 September), Cherry reports a group revenue increase of 58% to MSEK 899 (Q3 2017: MSEK 567), with the firm delivering year-to-date revenues of …

Read More »

Witamy! Cherry launches PZBuk as first Polish property

SBC News Witamy! Cherry launches PZBuk as first Polish property

Stockholm-listed European online gambling group Cherry AB has announced the launch of its first polish market property, launching sportsbook PZBuk – PZBuk.pl. In its July 2018 interim update, Cherry governance announced that it would enter the regulated Polish online gambling market having been granted an operator license by Poland’s Ministry of Finance. Adhering to Polish gambling laws, Cherry AB has …

Read More »

Betclic secures tough Polish sports betting licence

SBC News Betclic secures tough Polish sports betting licence

French online gambling group Betclic Everest has been granted the right to service the Polish online sports betting market by the nation’s Ministry of Finance. On 26 September, the Polish government updated its list of approved sports betting concessions, which are allowed to operate within its regulated market. Betclic Everest has secured a Polish sports betting licence, under the domain …

Read More »