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2015-12-23

Cherry: Yggdrasil awarded UK licences by the UKGC

Yggdrasil Gaming has been awarded the licences required by the UK
Gambling Commission to offer its proprietary gaming platform and
games to British residents. First clients expects to be live in Q1,
2016.

Fredrik Elmqvist, CEO of Yggdrasil, said: "This is a hugely exciting
next phase in our development. The UK is a very important market and
thanks to the way our games are performing, we've already received
six signed clients and a great deal of interest. I actually believe
that the UK slots market will develop like some Nordic markets have
done over the past seven years. Quality and mobile will drive the UK
slots market forward and we're looking forward to being an active
part of that."

Read more at Yggdrasil.com (http://www.yggdrasil.com)

Translation
This is a translation of the Swedish original.

For more information, please contact:
Fredrik Elmqvist, CEO Yggdrasil Gaming, Telephone +356 996-25 104,
fredrik@yggdrasilgaming.com

Fredrik Burvall, CEO Cherry AB (PLC), Telephone +46 8-514 969 52, +46
709 279 632, Email: fredrik.burvall@cherry.se

Cherry in brief

Cherry is a Swedish gaming company established in 1963 specialized in
online casinos and lotteries (www.CherryCasino.com,
www.EuroLotto.com, www.EuroSlots.com, www.SpilleAutomater.com,
www.NordicSlots.com, www.NorgesSpill.com, www.SveaCasino.com,
www.SuomiCasino.com, www.Sunmaker.com, www.SunnyPlayer.com and
www.Kingplayer.com), affiliate business through Game Lounge and games
development (www.Yggdrasil.com), through subsidiaries in Malta.
Cherry is the market leader in casinos in restaurants and nightclubs
in Sweden. Cherry employs around 750 people and has more than 2,900
shareholders. The Company's B-shares are listed on AktieTorget.

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http://news.cision.com/cherry/r/yggdrasil-awarded-uk-licences-by-the-ukg...
http://mb.cision.com/Main/6923/9889939/460536.pdf

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