Login/Register
NetEnt
NetEnt
Solitics
BigTimeGaming

Online gaming drives 400% profit growth at Cherry

29th November 2010 10:41 am GMT

Sweden’s Cherryföretagen AB has reported a 56.3 per cent increase in third quarter revenues to SEK111.6m, as a result of strong growth in the online gaming segment which now accounts for the largest share of group revenues.

Cherry’s Online Gaming segment which comprises PlayCherry.com and the recently acquired AutomatGruppen saw revenues climb to SEK47.2m in the third quarter from its NorgesAutomaten, SverigeAutomaten, DanmarksAutomaten and PlayCherry brands.

The company said that Norway’s payment ban which is designed [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Pragmatic Play
Future Anthem
Skywind
Greentube
EveryMatrix
Playtech
Solitics