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 FY2014 DELIVERS STRONG REVENUE GROWTH
Wednesday February 18,2015 : CHERRY FY2014 DELIVERS STRONG REVENUE GROWTH
But posts net loss attributed to costs related to change of chief executive officer and the phasing out of sports lottery Klubblo
Swedish gaming group Cherry reported record turnover across all business areas during its fourth quarter but a net loss affected by a change of executive directorship and its lottery product Klubblo.
Online gaming was a star performer delivering a 60 percent growth
Key performance highlights for the 4th quarter ending December 31, 2014 include:
Group revenue increase of 33 percent amounting to SEK 100.2 million (Q4/2013 SEK 75 million).
EBITDA amounting to SEK -6.5 million (Q4/2013: SEK-10.7 million).
EBIT amounted to SEK -10.6 million (Q4/2013: SEK -11.9 million), affected by a non-recurring cost of SEK -4.0 million related to change of chief executive officer.
The result after tax amounted to SEK -15.3 million (Q4/2013: SEK -10.6 million) equivalent to SEK -1.13 (Q4/2013: -0.80) per share after dilution.
Net financial items and result from associated companies was affected by an impairment of assets and shares related to Klubblo with SEK -7.7 million (0.0).
Online Gaming in the 4th quarter grew by 60 percent and deposits increased by 56 percent.
Restaurant Casino increased turnover by 7 percent and EBITDA amounted to SEK 5.0 million (Q4/2013: SEK 5.2 million.
Group cash amounted to SEK 54.3 million (Q4/2013: SEK 68.4 million) at the end of the period.
Key performance highlights for FY2014 ending December 31, 2014 include:
Group revenue increased by 28 percent and amounted to SEK 340.0 million (FY/2013: SEK 266.3 million).
EBITDA amounted to SEK -17.9 million (FY/2013: SEK-24.0 million).
EBIT amounted to SEK -32.9 million (FY/2013: SEK -33.9 million).
The result after tax amounted to SEK -39.3 million (FY/2013: SEK -33.7 million) equivalent to SEK -2.97 (-2.51) per share after dilution. Affected by change of CEO and Klubblo.
Restaurant Casino increased turnover by 7 percent and EBITDA amounted to SEK 17.1 million (FY/2013: SEK 16.0 million).
Online Gaming grew by 44 percent and deposits increased by 50 percent.
Gaming developer Yggdrasil went from strength to strength launching six operators during the 4th quarter and signing 18 new deals over the year.
Cherry’s sports lottery Klubblo will be phased out following an enforcement change that has made it impossible for the offer to cooperate with sports associations due to various exclusivity agreements with Svenska Spel.
Cherry again called for a modernized legislation, its chief executive officer Fredrik Burvall saying one “which allows us to operate under greater social responsibility and compete on equal terms.”
Looking ahead, Cherry said its majority share acquisition of affiliate business Game Lounge Ltd in January 2015 is expected to enable the group to rapidly increase volumes in existing brands and through future white label brands by increasing the number of customers at a significantly lower cost than before.
“We believe that this will increase Cherry’s revenues and EBIT during the next few years and generate many new depositing customers, which will mean that we will reach profitability in this business area more quickly,” Burvall said.
Focusing on expansion, Cherry said its largest shareholder, Morten Klein, has been working in close collaboration with its online business based in Malta since December 2014 focusing on business development and partnerships.
Gambling News :
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
Huge Caribbean Hold’Em hit at Bovada Casino -
A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.
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.