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Cherry narrows Q3 loss as online gaming growth continues

6th November 2014 9:26 am GMT

Sweden’s Cherry has reported a 29 per cent increase in total revenue to SEK90.4m for the third quarter of 2014, with growing contributions from its Yggdrasil games developer business helping online gaming revenue increase by a third.

Online gaming revenue rose 33 per cent to SEK46.6m, representing 55 per cent of total revenue during the period, while revenue from the company’s restaurant casino rose 9 per cent year-on-year to SEK37.6m.Cherry CEO Emil Sunvisson said: “The [...]

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