Tag Archives: Game Lounge

Online assets help Cherry AB return to black in 2015

SBC News Online assets help Cherry AB return to black in 2015

Stockholm listed gambling operator, Cherry Gaming AB has returned to full year (2015) positive EBITDA recording group earnings of SEK 35.9 million (£3 million). The operator continues its strong online performance, which contributed 69% of 2015’s FY SEK 528 million (£43 million) group revenues, up 56% on 2014’s SEK 340 million (£28 million). The results presented by Cherry governance, represent …

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Cherry Gaming gets ‘Back to Black’ in Q3 2015 with new strategic acquisitions

SBC News Cherry Gaming gets 'Back to Black' in Q3 2015 with new strategic acquisitions

Reporting strong growth in its online gaming portfolio and the continued progress of Yggdrasil content, European igaming operator Cherry Gaming AB returned to positive EBITDA earnings for its Q3 2015 performance (period ending 30 September). A strong quarter performance, saw Cherry Gaming record group revenues of SEK 154 million (£11 million) up 71% on Q3 2014’s SEK 90 million (£6.9 …

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Game Lounge expands in Finland with Suomicasino.com launch

SBC News Game Lounge expands in Finland with Suomicasino.com launch

Cherry Gaming AB has moved to further extend its presence within the highly competitive Finnish igaming market, by announcing the launch of Suomicasino.com Suomicasino.com a Finnish market tailored white-label casino, will be operated by Cherry AB marketing subsidiary Game Lounge. The casino will feature gaming content from Cherry AB’s Yggdrasil Gaming, and further inventory from Amaya Inc, NetEnt and Microgaming. …

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Cherry Gaming eyes positive future earnings following H1 2015 revenue growth

Presenting its 2015 interim report (period: January-June) European igaming operator Cherry Gaming recorded increased group revenues of SEK 202 million (£15.3 million) up 35% on H1 2014 SEK 149.5 million (£11.4 million). Cherry Governance stated that it was pleased with the progress of its operations, which were showing good growth which would soon transfer into positive earnings for the group. …

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Game Lounge acquires top performing Finnish affiliate domains

Betsson’s BML Group becomes first MGA licence holder fined by Finnish police

Cherry Gaming owned Scandinavian affiliate network Game Lounge has signed an agreement to acquire a prominent Finnish affiliate’s domains, including nettikasinovertailu.info, netticasino.eu, onlinecasinofindr.com, nettipokeri.eu, nettiveikkaus.eu and nettibingo.eu for a price of €1,2M. In addition to incremental earnings, both Cherry and Game Lounge will gain a strong strategic position in Finland and profit from a larger and more significant presence in the market. The acquired affiliate sites will …

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