Cherry granted Polish sportsbetting licence
Cherry Online Polska, a Cherry AB (publ) – STO: CHER-B.ST - subsidiary, has been granted a sportsbetting licence from Poland’s Ministry of Finance. Cherry is the ninth licensed operator in the Polish market, and the second company to receive a licence under the new gambling regulations.
Patryk Włodarski, Business consultant and responsible for the application, said: “We are proud to be the one of the first companies that were granted the license. Poland is a fully regulated market and since 2017 amendment to the gambling bill it became our priority to obtain a licence allowing us to offer our services online in full respect to the current laws. Now with a company in Warsaw holding a licence, Cherry is in position to introduce its first online sportsbook brand to the polish customers very soon.
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This information was submitted for publication on 3 July 2018, at 2:00 p.m. CET.
CHERRY IN BRIEF
Cherry is a Swedish innovating and fast-growing company with operations in gaming, entertainment and media. The company was established in 1963 and today operates through five diversified business areas: Online Gaming, Game Development, Online Marketing, Gaming Technology, and Restaurant Casino. The objective is to grow organically in combination with strategic acquisitions of fast-growing companies. Cherry employs some 1,400 people and has about 6,700 shareholders. The company’s class B share is listed on the Nasdaq Stockholm exchange, Mid Cap segment. More information is available at www.cherry.se.