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Cherry AB publishes Annual Report for 2017

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Cherry publishes Annual Report for 2017
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Cherry AB (publ) – STO: CHER-B.ST – has published its Annual Report for 2017. The document includes Cherry’s Sustainability Report and Corporate Governance report and is from today available on the Group’s website, www.cherry.se under the tab Investors and as an attachment to this press release.

For further information, please contact:

Anders Antonsson, IR & Communications, tel. +46 709 994 970, [email protected]

This information is information that Cherry AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 11:45 p.m. CET on 17 April 2018.


Cherry AB – Annual Report 2017

 

CHERRY IN BRIEF

Cherry is a Swedish innovating and fast-growing gaming company established in 1963. The business strategy is to create shareholder value by owning and developing fast growing and profitable businesses within the gaming and casino industry. Today, Cherry 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.

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Relax Gaming welcomes players to the jungle in epic release Ancient Tumble

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Relax Gaming welcomes players to the jungle in epic release Ancient Tumble
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Relax Gaming invites bold adventurers to journey into the depths of the Cambodian rainforest in its highly anticipated release Ancient Tumble.

This feature-filled slot is the most ambitious addition to the Tumble series to-date, awarding players prizes worth up to 10,000x by way of five rewarding Free Spin modes and a number of impressive enhancements.

Ancient Tumble boasts several special symbols including unbreakable wilds which destroy any normal symbol directly below it after every winning cascade until it reaches the bottom of the reels.  Coin symbols land and reveal wins worth between 1x and 25x, and coin multipliers can land and multiply all coin wins at the end of a round.

Should players destroy all stone blocks during base gameplay six free spins will be automatically triggered in one of four different base game modes. Free Spin modes include Classic Free Spins, Coin Free Spins, Colossal Free Spins and Multiplier Ladder Free Spins.

Classic Free Spins see multiplier and extra spins stone blocks present on the reels awarding up to three additional spins when destroyed. Coin Free Spins see up to 14 coin stone blocks appear in every single spin with coin multipliers also landing.

Colossal Free Spins see colossal versions of normal symbols land on the reels, ranging from 2×2 to 5×5 in size. Multiplier Ladder Free Spins sees players work their way up a multiplier ladder after every single winning spin up to a maximum of x100. Reaching x10, x20 or x50 will award players with one additional spin, reaching x100 awards two spins.

Any spin may randomly become a golden spin, this sees players have an increased chance to win. Should all stone blocks be destroyed, Super Free Spins are triggered, these contain features from all the regular Free Spins options.

During free spins, Hot Mode may trigger to increase the chance of landing a big win. Plus, they can select a Buy Feature which costs 50x the players bet, whilst Super Free Spins can be triggered for 400x.

Shelley Hannah, CPO at Relax Gaming, said:Ancient Tumble is the most feature-packed game in the entire Tumble series and we are absolutely thrilled to finally unleash it upon players. This highly anticipated release has been earmarked as our game of the year, and we can’t wait to see everyone’s reaction.

“We wanted to develop and deliver a game that offers audiences the ultimate power of choice when it comes to features, and we feel that this title offers that and so much more!”

Established as one of the industry’s leading B2B suppliers, Relax Gaming was awarded GGA’s Product Launch of the Year in February 2023 for Dream Drop Jackpots. Money Train 3 names the 2023 CasinoBeats Game Developer Awards amongst its 6 Slot of the Year titles, while the brand also won the award for Skill Games Supplier at the 2023 EGR B2B Awards along with the Innovation in Mobile award at the 2023 SBC Awards.

Relax Gaming provides more than 4,000 online casino games, from its high-performing proprietary slots to a significant, varied library of content from hand-picked third-party studios via its partnership programmes.

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Gaming

PG Soft hatches Rio-inspired Chicky Run

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PG Soft, a world-class digital mobile games company, has hatched its Rio-inspired title Chicky Run
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PG Soft, a world-class digital mobile games company, has hatched its Rio-inspired title Chicky Run.

Set on the streets of Rio de Janeiro with the Christ the Redeemer statue looming on the horizon, Chicky Run promises players a unique gaming experience. As the game loads, players place their bet for the chick to charge down the street to avoid being squashed by cars. Each time the chick successfully dodges a car it will be joined by another furry friend until the multiplier reaches its maximum. The size of the multiplier depends on the number of successful rounds in a row.

Before running through Rio, players must choose to begin on the left hand side or the right hand side, there is also the choice to use the Random button. This is repeated for each new chick dash. After avoiding a car there is also the option to press the collect button and cash out with your returns rather than run the risk of being hit.

Players can also enjoy Chicky Run with the Extra Coins Chance feature activated. Here any winning round has a chance of awarding between one and three coins worth half of the bet amount (before the increased 50% cost).

The graphic directly below the multiplier metre indicates the directions where no vehicles appeared over the previous 10 rounds.

PG Soft’s spokesperson commented: “Chicky Run is pure joy to play, and where better place to run for riches than the fabulous Rio de Janeiro. Our designers and product team have done a wonderful job and now we finally know why the chicken crossed the road!”

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Compliance Updates

ThrillTech Acquires B2B Licences in Romania, Sweden, and Malta

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ThrillTech Acquires B2B Licences in Romania, Sweden, and Malta
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ThrillTech, the disruptive B2B company specialising in providing versatile jackpot and drop technology for operators, platform providers and game studios, has reached a significant milestone by acquiring B2B licences for operations in Sweden, Romania, and Malta.

ThrillTech’s appeal has rapidly achieved success with its “jackpots across everything” solution putting the operator in charge, with versatile implementations possible across all product verticals and trackable events, such as jackpots on deposits, withdrawals and many more. These increase revenue, engagement and retention opportunities for operators via enhanced player appeal.

Offering control and flexibility, via the new licenses, ThrillTech’s solution continues to gain pace and is now available to new and existing customers within a growing number of regulated markets.

Peter Mareš, CTO, expressed his enthusiasm about this achievement, stating, “We’ve been fortunate that our customers realise the value of the products we offer, which has translated into significant interest. The expansion of the markets we can now service marks an important milestone for our young company. We’re excited to offer our monetization and engagement technology to operators within these new jurisdictions.”

ThrillTech is committed to continuing to be the leading independent provider of jackpot and drop technology for operators worldwide. Mareš added, “We are continuously developing key features and improvements to enhance our clients’ positions and support their growth. We continuously focus on performance and scalability which lies at the heart of our value proposition, positioning us to actively shape the upcoming phase of the iGaming industry.”

As part of its global corporate strategy, ThrillTech plans to expand into additional jurisdictions and focus on product portfolio diversification.

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