Industry affiliate marketing network Gambling.com Group has today published a corporate bond prospectus for €16 million in anticipation of its listing former secured bond notes on the NASDAQ Stockholm Exchange later today. The bond prospectus is attached to Gambling.com’s October 22 announcement, in which the firm declared that it would sanction a senior-secured-notes transaction seeking to raise target funds of …
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Cherry AB’s Anders Holmgren under investigation of insider trading
Stockholm-listed online gambling group Cherry AB has released a statement confirming that Chief Executive Anders Holmgren has been placed under investigation by Sweden’s Economic Crime Authority (ECA) on suspicion of insider trading. Swedish news sources report that Cherry’s Stockholm headquarters was searched by police this Tuesday morning, in-relation to ECA’s investigation of Holmgren. The investigation is believed to be in-relation …
Read More »Gambling.com bolsters group board of directors
Gambling.com, the providers of digital marketing services for the global iGaming industry, has announced a new duo of appointments. Taking its total of independent non-executive directors to three, the firm has brought Susan Ball and Pär Sundberg on board. Ball, an experienced senior executive and board member in the online gambling industry, has previously led the Initial Public Offering (IPO) …
Read More »Gambling.com strengthens board & guidance with Fredrik Burvall appointment
Updating the market, industry affiliate Gambling.com Group has informed that former Cherry AB Chief Executive Fredrik Burvall has joined its board of governance as the company undertakes an aggressive M&A led future growth strategy. A seasoned industry executive, Burvall has held a number of executive positions at Cherry AB, guiding the company through a series of successful growth initiatives. …
Read More »Enteractive appoints former Cherry CEO Fredrik Burvall as corporate advisor
Industry retention and customer loyalty solutions provider Enteractive has confirmed the appointment of former Cherry Group CEO Fredrik Burvall to its Board of Directors. Burvall joins Enteractive’s corporate advisory having stepped down as CEO of industry games and systems developer Cherry Group last January following ten-years’ service as a leadership executive. Enteractive CEO Mikael Hansson commented on the board appointment: …
Read More »Aspire Global eyes Stockholm North Premier IPO
Issuing a short market update, Malta and Tel Aviv based industry white label and turnkey platform services provider Aspire Global has detailed that it has begun to seek a public offering listing on Stockholm’s First North Premier market. The news of Aspire Global seeking a Stockholm IPO, follows this month’s announcement that the company has appointed former Cherry Gaming CEO …
Read More »Cherry Gaming promotes Anders Holmgren to full CEO
The governance of European igaming operator Cherry AB has confirmed that ‘acting’ Chief Executive Anders Holmgren will take on full leadership duties of the firm with immediate effect. Last January, Holmgren was promoted to the role of interim CEO following the surprise departure of incumbent Fredrik Burvall due to ‘family reasons’. Updating investors this morning Cherry AB governance has moved …
Read More »Burvall steps down as CEO of Cherry AB
Updating the market, the governance of Cherry Gaming AB (Cherry) has informed that Fredrik Burvall has stepped down as Chief Executive Officer due to family reasons. Cherry AB has moved to appoint Anders Holmgren as ‘interim CEO’ until Burvall’s replacement is found. Burvall departs Cherry following ten years’ leadership service, having acted as CEO and CFO of the company. Updating …
Read More »Cherry eyes Nordic takeover with full buyout of ComeOn shares
The governance of Cherry Gaming AB has confirmed that it has executed its right to acquire the remaining 51% of shares in European igaming operator ComeOn Malta (ComeOn). Last July, Cherry had acquired 49% of equity in ComeOn for a shares + cash combination valued at €80 million. Moving to buy ComeOn outright, Cherry governance detailed this morning that it …
Read More »XCaliber launched as Cherry’s technical innovation B2B business
Cherry has announced the launch of XCaliber, a new technical innovation B2B business area that will enable Cherry to sell its gaming platform and technology to both partners and operators. XCaliber, which will be headquartered in Malta and headed up by Cherry iGaming CTO Dario Arruda, will work closely with Cherry iGaming’s existing brands and new customers by providing access …
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