No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Cherry AB has published its Q1-2015 results
Wednesday May 13,2015 : ONLINE GAMBLING THE MAINSTAY IN CHERRY AB ENTERPRISE
Online vertical delivers 63 percent of group revenues.
The Stockholm-listed land and online gambling group Cherry AB has published its Q1-2015 results, flagging the following highlights:
* 49 percent growth for online gaming and 156 percent growth for software subsidiary Yggdrasil Gaming;
* Group revenue up by 31 percent to SEK 95.3 million (previously 73.0);
* Online gaming makes up 63 percent (55) of group revenue;
* EBITDA amounted to SEK -4.5 million (-4.3). EBIT amounted to SEK -8.9 million (-7.6);
* The company posted an after tax loss of SEK -11.8 million (-8.1), equivalent to SEK -0.88 (-0.59) per share after dilution;
* In January, Cherry acquired 51 percent of the shares in the affiliate management company Game Lounge Ltd, enabling the group to increase the number of customers at a significantly lower cost per customer;
* Online gaming grew by 49 percent and deposits increased by 54 percent;
* Restaurant Casino operations increased turnover by 6 percent and EBITDA amounted to SEK 3.9 millions (3.1);
* Yggdrasil Gaming grew by 156 percent but EBITDA amounted to SEK -0.4 millions (-1.2); the company also launched its first progressive slot - Joker Millions;
* Joint white label SveaCasino.com was launched in early April;
Fredrik Burvall, CEO reported to shareholders that the group focus on core business and strategic acquisitions is beginning to show results, overall growth is encouraging, and the company is well-positioned to take advantage of the industry trend toward consolidation.
"We’ve seen a strong growth in mobile gaming and will continue to improve our mobile offerings," Burvall noted, adding that during the first quarter the company’s Yggdrasil subsidiary has increased its revenues by 156 percent and has signed three new contracts with customers such as the AIM-listed GVC.
"Yggdrasil has also decided to release all of its games on the new platform; the HTML5-based iSense 2.0, making it possible to release games simultaneously on computer, tablet and mobile. This means that operators have greater ability to reach their players with marketing campaigns," Burvall revealed.
The executive again raised the issue of a need for a fresh approach in the Swedish market, commenting:
"Sweden has rightfully been taken to the European Court after having, for too long, delayed a re-regulation. We are now heading towards the fourth gaming investigation since 2000. We look forward to a gaming market that is open for everyone, with transparent and responsible operators. We want to eliminate the anachronistic and broken down gaming monopoly. We want to create more jobs in Sweden and compete in fair conditions."
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.