Tag Archives: Fredrik Burvall

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, …

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 …

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. …

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 …

Cherry Gaming governance has confirmed that it has acquired a 71% stake in Malta based igaming operator Almor Holdings for a sum of €4.6 milion. Cherry Gaming will utilise the acquisition to expand its casino services for the German speaking markets. Almor’s principal brands Sunmaker, Sunnyplayer and Kingplayer have established a strong position in their core markets since the business …

Following its Annual General Meeting (AGM), the Board of  Directors at Cherry AB  has appointed Fredrik Burvall as new CEO and President of the Cherry group with immediate effect. Fredrik Burvall has been employed by the company since 2006 as Vice President and CFO and since December 2014 he has been the acting CEO and President of the group. Commenting …

European igaming operator Cherry Gaming has partnered with affiliate and player acquisition specialist Game Lounge to launch Scandinavian focused online casino  SveaCasino.com, forming Cherry Gaming first white-label igaming partnership The new casino features a wide range of top class content from some of the world’s leading suppliers and will be targeting the Scandinavian market. the launch of Sveacasino.com comes after …

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 …

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 …

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 …