Betsson's history More than 5 decades in the gaming industry. The Group gets licenses in Ireland and Latvia. Betsson acquires the privately owned gaming operator Europe-bet based in Georgia. Betsson acquires the competitor Nordic Gaming Group, where is betsson based to its successful sportsbook. This establishes the strong position in the Scandinavian region even further. A joint venture is established in China. Betsson acquires its rapidly growing competitor, Betsafe.

One of Betsson subsidiaries launch where is betsson based gaming for mobile phones and is rewarded for being the most responsible gaming operator at EGR Awards. Betsson passes 1 billion SEK in revenues. Betsson distributes Net Entertainment to the shareholders.

On Sept. Net Entertainment is showing strong progress and the company's products are further developed. Cherry acquires outstanding shares in betsson. Betsson poker is showing strong growth. Cherry announces that Cherry will be split up in three different companies and that Cherry Casino and Net Entertainment will be distributed to the shareholders.

Net Entertainment delivers a significant number of Casino Modules to international customers. Net Entertainment acquires a gaming license on Malta. Cherry buys into the English sports betting company Betsson. Net Entertainment delivers Casino Modules to several online gaming companies.

Cherry first signs a test agreement, then a comprehensive, permanent just click for source with Danska Shell for the establishment of gaming products at their gas stations. Net Entertainment's revenues increase sharply and the company becomes profitable.

Cherry realises the year's only oversubscribed preferred where is betsson based and takes in 20 million SEK from existing shareholders.

Net Entertainment sells its first CasinoModule to Expekt. The Jack Vegas partnership agreement with Svenska Spel expires where is betsson based planned. Cherry is forced to implement cost saving measures and write down goodwill in Net Entertainment. Cherry acquires Kinnevik's shares in Net Entertainment. The acquisition is financed by a directed share issue after which Kinnevik becomes Cherry's largest shareholder. Cherry acquires First Casino. Maritime operation in the Mediterranean is started.

A partnership agreement is signed with AB Svenska Spel concerning token machines. Cherry invests excess reel spin casino no deposit bonus in IT companies, primarily within the Internet sector. In February, the business starts using wheels of fortune. The Swedish parliament passes a resolution forbidding wheels of fortune from Jan. The Cherry companies are once again making a profit. Developments in Eastern Europe result in big losses for the Cherry companies.

Visit web page board passes a resolution to streamline operations and reduce or liquidate operations in Eastern Europe. The company concentrates on its gaming operations in Sweden and on board vessels within Scandinavia. The Cherry companies run reel spin casino no deposit bonus machines and casino gaming operations in a number of Eastern European countries.

The Cherry companies recruit several Swedish commercial gaming companies and finances the acquisitions with a new share issue. The foundation for a new corporation is created. The Swedish parliament passes a resolution banning slot machines. A comprehensive reorganisation begins. New legislation enables restaurants licensed to sell wine to provide slot machines with winnings payable in local Swedish currency. The Cherry name and cherry symbol are registered. Business is now conducted all over the country.

Business is conducted primarily in southern and central Sweden. Translate Side Buttons. Terms and Conditions. Your second term and condition here. Your third term and condition here.