Sweden’s Cherryföretagen AB has reported a 25 per cent increase in group revenues to SEK467.8.m (€53.0m) for the year ended December 31st, with the company’s online business now accounting for nearly half of total revenues.
Cherry benefited from a good performance during the fourth quarter which saw total revenues increase by 35 per cent to SEK142.4m, with online gaming revenues up by 30 per cent year-on-year to SEK58.5m. The company increased its marketing focus on both [...]
