Tag Archives: Cherry AB

Scandinavian igaming operator Cherry AB, reported that Q4 2014 revenues increased 33% as the company finished 2014 strongly. The operator stated that improved player activity and deposits in Q4 2014 had grown online gambling turnover by 60%. Cherry AB was able to record Q4 group revenues of SEK 99.8 million (up 33% on Q4 2013 – SEK 75 million). Igaming …

Cherry has decided to phase out its involvement in the Swedish sports lottery Klubblo, as the conditions for conducting the business have changed. The Swedish gaming regulator, Lotteriinspektionen, has changed the application of the regulatory framework, which has made it impossible for Klubblo to cooperate with sports associations whose federations are not members of the sports alliance Idrottsalliansen. Some major …

Casino operator Cherry AB reported increased corporate revenues of SEK90 million (£7.6millon) up 29% on Q3 2013 SEK 69 million. The operator noted that its improved performance had been driven by growth in its online casino vertical , as active players grew by 33% and player deposits increased 55% during the period ending 30 September. The improved performance has helped …