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Cherry Buys another 4 percent of Almor Holding
CHERRY UPS ITS STAKE IN ALMOR HOLDING
To 75 percent.
Cherry has increased its 71 percent stake of Malta-based online casino business Almor Holding Ltd (Almor) by an additional 4 percent for Euro 760 000.
Almor operates German-facing online casino and sportsbook brands Sunnyplayer, Sunmaker, and Kingplayer.
Cherry reports that Almor has continued to perform above expectation and during the first half of 2015 turnover amounted to Euro 7.2 Million, while operating profit reached Euro 1 Million.
Cherry’s purchase agreement, signed in July 2015, allows it to acquire the remaining 25 percent within the next four years and five months, based on an operating profit (EBIT) multiple of 5.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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