Tag Archives: Cherry
Germany – Game Lounge expands into Germany and UK through acquisition
The leading affiliate network Game Lounge has signed an agreement to acquire the assets of the respected affiliate company Interclick Limited for a price of $1.5m. Interclick Limited has been active within the German and UK markets for the past 14 years and Game Lounge acquires more than 40 domains and affiliate accounts through the…
Sweden – Cherry Online reboots classic casino site EuroSlots
EuroSlots has been given a reboot with greater marketing resources, thanks to a new partnership with Malta and Denmark based digital agency Power Media Group and their affiliate network Matching Visions. A master affiliate agreement has been signed and Cherry expects increased activity focused on the Pan-European market as a result of the cooperation. Originally…
Sweden – Cherry acquires ComeOn
Swedish online operator Cherry is buying 49 per cent of the shares in Come Malta with an option to acquire the remaining 51 per cent. ComeOn is a leading company in the rapidly expanding online gaming market on desktop, tablet and mobile. ComeOn’s offering complements Cherry with well-known brands and strong positions, mainly in online…
Sweden – Cherry boosts fourth quarter results by 72 per cent
Swedish casino group Cherry reported fourth quarter revenue up by 72 per cent to SEK 172.5m with online accounting for 74 per cent of the group’s revenue. Online Gaming grew by 109 per cent and EBITDA amounted to SEK 15.4m whilst Restaurant Casino increased turnover by five per cent and EBITDA amounted to MSEK 4.9….
Sweden – Cherry appoints new MD for Restaurant Casino
Aron Egfors has been appointed Managing Director of Cherry Spelglädje AB with responsibility of Cherry’s Restaurant Casino business area. The appointment has been made to support the group’s aspiration to keep and increase its market-share within this area of the business and streamline the management structure. Effective from January 28, Aron Egfors is appointed as…
Sweden – Cherry acquires NorgesSpill.com and affiliate company
Cherry bought Malta-based company Moorgate Media, who owns affiliate license agreements in cooperation with Web Resort. Cherry has also acquired 100 per cent of the domain, customer database and gaming site of NorgesSpill.com. Cherry will pay €4m for 100 per cent of the shares in Moorgate Media Ltd that operates the affiliate business. It is…
Sweden – Cherry prepares to list its shares on Nasdaq Stockholm
The Board of Cherry AB intends to apply for listing of its shares on Nasdaq Stockholm. The listing on Nasdaq Stockholm is expected in 2016. Cherry’s shares have been traded since 12 September 2006 on AktieTorget. The Board believes that Cherry is well prepared to be listed on Nasdaq Stockholm. A listing on Nasdaq Stockholm…
Sweden – Cherry strengthens management team
Swedish online casino group Cherry is continuing to invest in its Online Gaming business area with Jonas Wåhlander being appointed CEO for Cherry Online Gaming. The appointment has been made to support the group’s aspiration to drive further growth and profitablity. The Online Gaming business area, which is based in Malta, has become increasingly important…
Finland – Cherry-owned Game Lounge acquires affiliate in Finland
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…
