Prior to the release of its pending Q3 2017 trading update (scheduled for Wednesday 8 November), the governance of Stockholm-listed online gambling group Cherry AB has issued a corporate update detailing that it has revised its full-year 2017 corporate forecast. The firm’s revision of FY-2017 expectations follows a tougher than anticipated integration of acquired ComeOn assets having undertaken a strategic …
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Updating the market, Stockholm-listed industry games and software supplier Cherry AB has announced that it has moved to restructure igaming subsidiary ComeOn’s senior management team. Its decision sees Jonas Wåhlander step down as Managing Director of ComeOn Malta Ltd with immediate effect. During H1 2017, Cherry AB governance completed its full acquisition of ComeOn! enterprise for a total consideration of …
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Having completed its outright acquisition of Malta-based European online casino operator ComeOn, Stockholm-listed Cherry AB has announced that it will unify its industry igaming portfolio under the acquired ComeOn brand. Confirming its restructuring decision, Cherry AB governance stated that all Cherry iGaming B2C assets, would be moved to the ComeOn brand as of 1 April 2017, with the firm creating …
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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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The CherryCasino brand will be launched in the UK after Cherry iGaming’s subsidiary PlayCherry Ltd was granted a local UK licence for gaming operators from the Gambling Commission. The company will initially use the licence for CherryCasino.com as its flagship brand. EuroSlots, a recently-relaunched white-label gaming website, will also be rolled out shortly after. Meanwhile, Sunmaker, an iGaming brand that …
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Fredrik Burvall, CEO of European igaming operator Cherry Group AB has announced the appointment of Jonas Wåhlander as Chief Executive of its digital gaming division ‘Cherry Online’. Cherry Group governance stated that the appointment had been made to support its ongoing aspirations to drive digital growth and profitability. Wåhlander has 15 years’ experience in senior positions within online entertainment businesses, …
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