Cherry Gets Polish Sportsbetting License

Cherry AB subsidiary Cherry Online Polska has announced that they've been granted a sportsbetting license in Poland, which will let the operator offer the service to punters in the country as a result.

The license will make Cherry the ninth betting group approved to offer sportsbetting by the Ministry of Finance, finalizing a six month process for the group. The license was submitted by business consultant Patryk Wlodarski, who 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 the 2017 amendment to the gambling bill, it became our priority to obtain a license, allowing us to offer our services online in full respect to the current laws. Now with a company in Warsaw holding a license, Cherry is in position to introduce its first online sportsbook brand to the Polish customers very soon."

Poland liberalized some of its betting laws earlier this year, opening the industry to more outside companies. The country is slated to begin offering online casino games, sportsbetting, and poker services to punters, with players protected and the state generating millions of dollars in tax revenues for punters.

No timetable for the implementation of sportsbetting was available as of press time.

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bgsharpe
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13 July 2018 - 2:36pm
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That's a huge breakaway for Cherry I think as Poland is for sure one of the larger markets in Europe and I guess there's also not too much of a completion there and it looks like the right moment for Cherry to enters it, they could benefit from that for many years ahead I think.