April 13, 2017
Updating the market, the governance of Stockholm-listed Cherry AB has informed that it has acquired a further 7.5% of shares in Malta-based German focused operator Almor Holdings. The acquisition will see Cherry increase its equity holding in Almor to 82.5% of shares. In July 2015, Cherry governance made its initial 71% purchase of Almor share for €4.6 million euros, and …
Read More »November 10, 2015
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 …
Read More »October 8, 2015
Swiss listed European igaming operator Cherry AB has confirmed that it has increased its majority stake to 75% in Malta based German facing online casino operator Almor Holdings. Cherry AB who acquired 71% of the operator in July of this year for a sum of €4.6 million, released a short statement informing the market of its increased shareholdings which amounted …
Read More »August 25, 2015
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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