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Swedish Gaming Group Cherry Weighs Sale of ComeOn

George Miller
October 29, 2024
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Swedish Gaming Group Cherry Weighs Sale of ComeOn
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Swedish gaming operator Cherry AB is exploring options to sell its online casino and sports betting subsidiary, ComeOn Group, as part of a strategic shift in focus.

Cherry, owned by private equity firm Bridgepoint, is reportedly working with financial advisors at Moelis and Jefferies to evaluate the best course of action for its Malta-based subsidiary. According to insiders familiar with the matter, the possible sale could value ComeOn at around €500 million, based on its projected earnings for 2025.

The consideration to sell ComeOn aligns with a broader trend among European gambling operators that are offloading consumer-facing assets to concentrate on their business-to-business (B2B) services and software development.

The post Swedish Gaming Group Cherry Weighs Sale of ComeOn appeared first on European Gaming Industry News.

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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Experience the Power of EEGaming.org – The Global Intelligence Hub

At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

  • ✔ Online and Land-Based iGaming
  • ✔ Strategic Betting and Esports
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Whether through our daily "Zero Fluff" news, exclusive executive interviews, or in-depth market reports, our content provides the Expertise required to navigate today’s markets and the Evolution needed to lead tomorrow’s.

Bringing the Industry Together

Our impact extends far beyond the digital page. EEGaming.org is a proud host of virtual meetups and industry-leading conferences that spark dialogue, foster collaboration, and drive innovation. Through detailed reports and live events, we create a space where operators, suppliers, regulators, and professional services come together to shape the future of gaming.

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Editorial / PR Submissions: [email protected]
Business & Advertising: [email protected]

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