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Directors tender resignations at Cherry AB

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Two board members, Anna Bergius and Claes Ruthberg, tendered their resignations, as an investigation into the alleged insider trading by former CEO, Anders Holmgren is progressing. The company has already started the search for their replacements. Bergius and Ruthberg submitted the resignation to Cherry chairman, Morten Klein, which would come into effect immediately.

Cherry said in a statement: “Their decision was based on receiving a notice from the Swedish Economic Crime Authority, informing the two board members about the authority’s suspicion of crime committed by them in connection with the investigation that was initiated in May 2018 of alleged insider crime carried out by the former CEO, Anders Holmgren.

“Both board members concluded that their decision is the best alternative for the company given the current situation.”

Holmgren had been arrested on suspicion of insider trading.

The Economic Crime Authority carried out a raid of Cherry’s offices on May 22 and the arrest took place shortly after. Gunnar Lind, chairman of the audit committee at Cherry, has taken on the role of acting president and chief executive while the investigation continues.

Following the resignations of Bergius and Ruthberg, the Cherry Board of Directors consists of four members. According to the company’s Articles of Association, the board of directors must comprise at least three and at most nine members. Cherry said Klein has been in contact with the Nomination Committee to initiate a search for additional board members.

Earlier this month, Cherry said it was set to conclude its search for a new permanent CEO by the end of August.

Klein, speaking on an earnings call for the company’s second-quarter financial results, hailed the leadership of Lind in his acting capacity.

 

Source: igamingbusiness.com


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George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Aristocrat Gaming Partners with Regency Casino Thessaloniki to Introduce the Aristocrat Pavilion

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Introducing a gaming experience unlike any other in the region, the all-new Aristocrat Pavilion celebrates its official opening as part of the groundbreaking Piazza at Regency Casino Thessaloniki. This dedicated space offers fans of Aristocrat games an exclusive experience surrounded by more than 55 chart-topping game titles, many being first to the market.

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The post Aristocrat Gaming Partners with Regency Casino Thessaloniki to Introduce the Aristocrat Pavilion appeared first on European Gaming Industry News.

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Industry Spotlight Sessions Announced for Regulating the Game 2026 Sydney

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The organisers of Regulating the Game have announced the launch of Industry Spotlight Sessions as part of the event’s 2026 programme. The conference will take place from March 9–11, 2026 at the Sofitel Sydney Wentworth.

New for 2026, the Industry Spotlight Sessions are concise, 15-minute presentations embedded within the main conference programme, giving leading manufacturers, suppliers and technology providers across gaming, lotteries, wagering and sports betting a platform to share strategic insights, innovation and sector direction.

The sessions will provide a powerful platform for established players to:

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Paul Newson, principal at Vanguard Overwatch and founder of Regulating the Game, said: “The Industry Spotlight Sessions are being introduced at the request of industry attendees who wanted a dedicated platform to showcase pioneering products, strategies, and sector direction and insights. With only four Industry Spotlight slots available in 2026, this is a limited opportunity for organisations to put themselves front and centre before an international audience of regulators, policy leaders, and industry decision-makers.”

The addition of Industry Spotlights reflects RTG’s commitment to sparking innovation and shaping the future of the sector. By providing a platform for announcing new directions, showcasing developments and sharing strategic outlooks, these sessions are designed to broaden dialogue, foster cross-sector collaboration and keep the conference at the cutting edge of regulatory and industry evolution.

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Early bird tickets are now open, with discounted rates for early registrants. Group packages are also available but strictly limited.

The post Industry Spotlight Sessions Announced for Regulating the Game 2026 Sydney appeared first on European Gaming Industry News.

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The post Amusnet Presents 100 Extra Crown Buy Bonus – a New Regal Video Slot to Reign Supreme appeared first on European Gaming Industry News.

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