Cherry: Exceptionally Strong Development For The Online Casino!

Research Note

2015-08-25

10:38

The company surpassed our expectations especially noticeable was the online casino hitting SEK 65.5 million on an organic basis versus our estimate of SEK 60.6 million. Furthermore, Yggdrasil delivered 2.2 MSEK post internal revenues showcasing the continued good development in its start-up phase. The latest game Chibeasties is described as a sucesss something we have also witnessed across operators. More quality games and operators releasing their full portfolio of games should mean strong growth coming quarters.

PS

Philip Skogby

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