Monday, December 6, 2021

Tag: Game Lounge

Cherry reports strong growth for Q1 2017

BB - Jackpotjoy accounts report AGM Cherry Yggdrasil Newgioco strong
The Swedish gaming company, Cherry, has recorded continued strong growth and improved profitability during the first quarter of 2017.   Cherry’s Q1 2017 report saw the group’s revenue grow by 205 per cent year-on-year to MSEK 541 (177), with organic revenue growth amounting to 44%. The company also saw profitability improved and EBITDA increased by 224per cent to MSEK 83 (26) and...

New affiliate website sees Game Lounge become first European affiliate in Japan

Betting Business Game Lounge
Game Lounge has launched a new Japanese affiliate website in a move the company claim makes them the “first European affiliate company” within the Japanese market. Game Lounge announced it has launched the first Japanese affiliate website, www.japanesecasino.com. The company claim the initial site is the first of many as Game Lounge hope to launch roughly 100 websites to the Japanese...

Cherry Interim report shows profitability across brands for 2016

Betting Business Cherry
The latest Cherry Interim Report for Q3 highlights revenue increases across group with significant profits for Game Lounge and Yggdrasil.   The Cherry Interim Report recorded Q3 revenue growth of 39 percent year-on-year to MSEK 214.0 across the Cherry Group which follows revenue increase of 64 percent to MSK583.0 for the first nine months of 2016. Cherry’s latest report, which covers 1...

Game Lounge expands into Germany & UK through acquisition

Betting Business, Game Lounge, Cherry, Interclick
Game Lounge, owned by Cherry, has signed an agreement to acquire the assets of the affiliate company Interclick Limited for a price of $1.5m (€1.3m). Interclick Limited has been active within the German and UK markets for the past 14 years and Game Lounge acquires more than 40 domains and affiliate accounts through the acquisition.   In addition to incremental earnings,...

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