Tag Archives: Sweden

Strong Q4 2014 performance helps Cherry AB post full year revenue growth

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 …

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New CEO announced for Mr Green

Online casino group Mr Green & Co has appointed Per Norman as its new CEO, and will replace Mikael Pawlo after the listed group’s AGM on 23 April. Norman has extensive experience from such positions as CEO and Deputy CEO of Boxer, SES-Sirius and MTG, and he has been a Board member of Mr Green & Co AB since 2014. …

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Unibet results hit by currency conversion

Swedish operator Unibet has been hit by the exchange rate fluctuations across Europe, meaning that the company’s Q4 results are much flatter than its performance suggested. As it is listed on the London Stock Exchange, Unibet declares in pounds sterling, with gross winning revenues of £78.0m for the quarter, only slightly up on the £74.4m generated in Q4-2013. However in …

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Cherry AB stops investment in Swedish sports lotto Klubblo

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 …

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Cherry appoints Fredrik Burvall as Acting CEO

In a sudden change to its senior management, Scandinavian gaming firm Cherry AB has made Fredrik Burvall Acting CEO, replacing Emil Sunvisson. Burvall has been with Cherry since 2006 serving as Vice President and CFO, while Sunvisson has served Cherry in the capacity of CEO and as a member of the board for eight years. The company revealed that Sunvisson …

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World Cup worth £16m to Unibet

Swedish-based operator Unibet generated gross winnings of £16m during the World Cup, according to the firm’s interim results, with £9.5m generated in June and £6.5m in July. Almost half of Unibet’s turnover during the World Cup came from live betting, a figure much lower than the operator’s usual operations. While Unibet had a comprehensive pre-match offer with over 350 bet …

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Swedish football the key for Europe’s top tipster

Swedish punter ‘Zami‘ has just won €10,000 and the title of bettingexpert Tipster of the Year after outperforming  more than 1,500 other tipsters who give their tips for free on bettingexpert.com. How does it feel to win the very first bettingexpert Tipster Of The Year award? It feels great to be the winner of the bettingexpert Tipster of the Year …

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Swedish tipster wins €10k as bettingexpert’s Tipster of the Year

One of Europe’s best tipsters has scooped another €10,000 after winning bettingexpert’s Tipster of the Year competition for 2013/14. Swedish tipster ‘Zami’ came top of the leaderboard for the year after achieving a profit of €3,258.90 across almost 8,000 bets with an average yield of 4.7 per cent. He outperformed more than 1,500 other tipsters who give their tips for …

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Ihre Consulting has Guts

Guts Affiliates, the official affiliate program for guts.com, has instructed Ihre Consulting to assist it with affiliate recruitment and assist them in growing to the next level. Guts.com targets casino players and sports bettors from many countries, but specifically Norway, Sweden, Finland, Canada, Australia, Germany and UK. They have multiple currencies, languages and 24/7 customer support in Norwegian, Swedish, English …

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Sweden to set tougher monitoring of gambling advertising

The Swedish Government has requested Sweden’s Council for Gaming Ethics (SPER) for an independent review of current advertising and marketing practices with regards to sports betting and gambling products. Various government ministers are concerned with the increasing coverage and visibility of gambling products in the region. SPER have been asked to monitor TV, Radio, digital and sports sponsorship practices that …

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