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Cherry to focus online following sale of Maritime business

12th October 2012 8:33 am GMT

Sweden’s Cherry will increase its focus on the company’s growing online gaming business, following the sale of its maritime gaming division for SEK38m (US$5.7m) to rival Swedish maritime gaming operator Bell Casino.

Cherry has signed an agreement with Bell Casino regarding the sale and purchase of all shares in Cherry’s subsidiaries Cherry Maritime Gaming, Astral Maritime Services and Cherry Services.

The company estimates that the transaction will not have any material effect on its results for 2012, [...]

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