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Cherry AB (publ) applies for delisting and EE Intressenter will initiate redemption of outstanding shares in Cherry AB

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delist Cherry AB (publ) applies for delisting and EE Intressenter will initiate redemption of outstanding shares in Cherry ABReading Time: 1 minute

 

European Entertainment Intressenter Bidco AB (“EE Intressenter) has announced that the company owns more than 90 percent of the shares in Cherry AB (publ) – STO: CHER-B.ST. The Board of Cherry AB has received a call for redemption proceeding of the minority shares as well as outstanding warrants from EE Intressenter.

In addition, the Board of Cherry AB (publ) has today resolved to apply for delisting of the Cherry share, series B, from Nasdaq Stockholm. The last day of trading in the company’s shares on Nasdaq Stockholm will be announced as soon as the company has received the confirmation thereof from Nasdaq Stockholm.

On 18 December 2018, EE Intressenter announced a recommended public cash offer to the shareholders in Cherry AB (publ), to tender all shares of series A and series B in Cherry at a price of SEK 87 per share (the “Offer”). On 29 January 2019, the Offer was declared unconditional.

 

CHERRY IN BRIEF:

Cherry is an innovative and fast-growing gaming company with operations in gaming, entertainment and media. The company was founded in 1963 and today, Cherry operates through five diversified business areas: Online Gaming, Game Development, Online Marketing, Gaming Technology, and Restaurant Casino. The Group’s objective is to grow organically in combination with strategic acquisitions of fast-growing companies. Cherry AB’s principal owner is Bridgepoint Europe VI Fund. The company’s Class B share is listed on the Nasdaq Stockholm exchange, Mid Cap segment. More information is available at www.cherry.se.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Cherry AB (publ) applies for delisting and EE Intressenter will initiate redemption of outstanding shares in Cherry AB

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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Gambling Operators Gets Opportunity to Register Online Casinos in Belarus

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8-13 Gambling Operators Gets Opportunity to Register Online Casinos in BelarusReading Time: 1 minute

 

Belarus has given permission to gambling operators for legally registering an online casino, if appropriate license has been obtained. Legislation currently does not prohibit Belarusians from online gambling on overseas websites. Belarusians also have access to newsletters and information about online casinos.

According to Marina Nevinkaya, the head of gambling department at Belarus’ Ministry of Taxes and Duties, when the transition period ends, restrictions will appear in this field.

“Publishing gambling content aimed at promotion and organising unlicensed online gaming will be illegal beginning with 1 April 2021. Two years after the entry into force of the basic provisions of the decree number 305, access to the websites containing such information, will be limited,” the representative of the Ministry said.

The gambling market of Belarus remains stable. According to the recent data, 106 companies hold gambling business, 94 license holders actually operate. There are 391 gambling establishments in Belarus, including 27 casinos, 176 gaming machine halls and 188 betting offices.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Gambling Operators Gets Opportunity to Register Online Casinos in Belarus

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IAG Joins with Alphaslot for FTAF in G2E Asia 2019

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7-13 IAG Joins with Alphaslot for FTAF in G2E Asia 2019Reading Time: 1 minute

 

Inside Asian Gaming, Asia’s leading gaming industry media brand, has announced its involvement in the Financial Technology Asia Forum at G2E Asia 2019, in partnership with forum curator Alphaslot.

The Financial Technology Asia Forum will bring together international industry leaders to share their insights on the challenges and opportunities for FinTech in the gaming entertainment industry. The forum will also examine blockchain technology from the casino operator and supplier’s perspective, including academic implementation, potential use case studies and implications for responsible gaming.

The morning session will be chaired by IAG CEO Andrew W Scott, and the afternoon session will be chaired by VP of International Business for iClick Interactive Asia Kelly Leung.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: IAG Joins with Alphaslot for FTAF in G2E Asia 2019

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Sportradar And SportsGrid Announce Exclusive Partnership To Launch The First Free, 24-hour Sports Betting Network

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sportradar-sportsgrid Sportradar And SportsGrid Announce Exclusive Partnership To Launch The First Free, 24-hour Sports Betting NetworkReading Time: 2 minutes

 

Sportradar, the global leader in analyzing and leveraging the power of sports data, and SportsGrid, the leader in original programming for both daily fantasy and sports betting, today announced an exclusive partnership to launch the first free, 24-hour network dedicated to the sports betting audience. The partnership marries Sportradar’s ad tech, OTT technology and data with SportsGrid’s engaging original programming providing fans with accurate coverage and analysis of stats and odds across professional sports.

“Sportradar is always looking to enhance the fan experience through the use of data and technology,” said Jason Sukhraj, SVP US Advertising and OTT, Sportradar. “Collaborating with the SportsGrid executive team provides us with the platform to mesh our core competencies around betting with their programming talent and address the increasing demand for information and content geared around sports gaming  ”

The partnership incorporates Sportradar’s release of ad:s, a service that provides bookmakers with a host of marketing solutions aimed at eliminating waste and streamlining their marketing spend. This new offering will allow bookmakers and brands looking to reach the betting community, a native opportunity to do so through sponsorship of programming as well as targeted ad spends across video & audio inventory.

SportsGrid President Louis M. Maione stated, “The integration of Sportradar data and technology into our content is game changing for our free twenty-four hour audio and video gambling network. This partnership showcases our combined vision of delivering the true convergence of content, data, and gaming to the millions of sports fans craving this informative and entertaining programming. Joining forces with Sportradar instantly affords SportsGrid with the ability to provide unquestionable best of breed sports wagering programming. Additionally, Sportradar’s delivery of a robust video solution ensures our content is placed where fans want to consume it, stamping our foothold as a market leader in the space.”

 

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Sportradar And SportsGrid Announce Exclusive Partnership To Launch The First Free, 24-hour Sports Betting Network

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