Net Entertainment Signs Deals

Monday May 08, 2006

Net Entertainment, Cherry's internet gaming product company, has signed agreements with Sunderlands Bookmakers, Triobet, and i4Poker to deliver Internet casino games. Each of these companies will use CasinoModule, Net Entertainment's own internet casino platform.

CasinoModule consists of a large number of casino, lottery and skill based games and a powerful management platform. It provides casino games, number games, lotteries and skill based games. Net Entertainment works by licensing out the service on a royalty basis, whereby the royalty will depend on the success of the product.

Sunderlands, Triobet and i4Poker will start offering their customers Net Entertainment's games during May and June and Net Entertainment are delighted with the new deal.

"It is obvious that our customers appreciate the change of strategy to become a pure B2B-company as well as the powerful gaming solution that the CasinoModule offers," said Pontus Lindwall, CEO of Cherry. "In addition, the contracts prove that there is strong growth in the market and in new geographical areas."