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Cherry Acquires 49 percent of Web Resorts

Thursday November 7,2013  CHERRY GROUP ACQUIRES 49 PERCENT OF ONLINE GAMING COMPANY
 
Web Resorts owns NordicSlots.com and NorgesSpill.com
 
The Swedish online gambling group Cherry has acquired 49 percent of the shares in Curacao-based Internet gaming company Web Resorts NV. The company owns several domains including NordicSlots.com and NorgesSpill.com, which offer online casino action powered by BetSoft Gaming.
 
Cherry will pay Euro 3.3 million in a cash consideration, and an additional performance based purchase price of up to Euro 1 million.
 
The acquisition is expected to increase both Cherry’s revenue and EBIT by approximately a million Euros a year starting the fourth quarter 2013.
 
Cherry chief exec Emil Sunvisson says: "Web Resorts offers leading online casinos for mobiles and computers. The acquisition will have a very positive impact on Cherry´s results. I also believe that the prospects to further grow the business are good”



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MPN Poker Tour Bratislava Results - Alex Hendriks Wins Inaugural MPN Poker Tour Bratislava Main Event and €27,000

MPN Poker Tour Bratislava | Day 2 - It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.

MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

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