Cherry Applies for Swedish Gaming License

Swedish gaming group Cherry has announced that they've applied for a Swedish online gaming license through their subsidiary ComeOn as the group looks to gain a foothold in the newly liberalized market when it launches next year.

ComeOn has become known as a reputable online betting site, as it features fast payouts and a huge library of games from Microgaming, NetEnt, and more. The casino supports mobile and desktop platforms. Cherry has gaming licenses in the UK, Malta, and the German state of Schleswig-Holstein.

Sweden has a huge number of punters, which have been utilizing offshore betting sites, as the country hadn't regulated or legalized online betting. Things will be changing on January 1st, 2019, when new regulations go into effect that allow sanctioned sites to legally offer their services to players. A slew of big names began applying for licenses last month with the hopes of getting in on the act.

We've been keeping up on the groups applying for licenses and we'll update readers as we learn more about the groups applying for licenses.

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bgsharpe
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11 September 2018 - 7:22pm
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Apparently it would be a frantic period as a whole at the Swedish market before all these applications being reviewed and eventually approved but surely it's for the good of players and the state in general, otherwise nothing could be more logical than that Swedish brand like Cherry to apply of gaming license at the local market.

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