Cherry AB, one of the hottest iGaming companies, from Stockholm, Sweden, have announced the 100% purchase of ComeOn's stocks.
Cherry is a Swedish gaming company that specializes in online casinos and lotteries and games development (Yggdrasil Gaming), through subsidiaries in Malta.
The acquisition of ComeOn, allows them to invest in sportsbetting, through ComeOn's base in Malta, while it is also expected that Cherry might move all of its iGaming business under the ComeOn brand.
The cost of the initial purchase, in July 2016, had reached 80€ million, while it is estimated that another 200€ million are required to finalize the deal. 60% of this will be directly credited from Cherry's assets, while the remaining 40% will be covered through a ComeOn share capital increase.
Why choose ComeOn
- 25.000 live events per month
- 2.000 pre-match events daily
- 97% on Asian Handicaps
- 95%+ on basketball
- Alternative HC’s on basketball-tennis
- Pulsebet function
- Υourbet feature
ComeOn has been around for more than a decade. When all began back in 2010, the bookmaker had a strong potential to become a leading sports betting platform but had never reached that level. The Scandi bookie did not bring any innovations, while the group has turned its primary focus to casino operations. Regarding the ComeOn product, I love the top-notch odds on the high-profile leagues. They are even superior to those of Bet365 or Bwin, and that is the brand’s powerhouse. Also, the 60.000 monthly pre-match events are more than satisfactory. On the cons, the payment range is weak, and I find unacceptable the fees on every deposit. It is just unbelievable that every topping up through Skrill or Neteller has a 5% charge, while Paysafecard and Cards come with a 2.5% fee. Overall, ComeOn is a decent choice for everyday players that stick to one bookie but are not ideal for professional bettors.