Cherry and Yggdrasil announce growing revenue in financial update

Online operator Cherry Group grew revenue by 58% year-on-year to SEK 899m ($98m) for Q3. Year-to-date revenue increased by 42% to SEK 2.33bn, and in the same period, profitability (EBITDA) improved by 114% to SEK 615m. Cherry CEO Gunnar Lind said: “There are several bright points in development in the third quarter, and I particularly want to highlight the favourable development in online gaming." Cherry’s ComeOn brand will now att...