Swedish operator Cherry is to acquire all shares in the Malta-based company Moorgate Media, taking control of the NorgesSpill.com gaming site, related database and domains.

NorgesSpill.com

Cherry will pay €4m for 100 per cent of the shares in Moorgate Media.

Fredrik Burvall, CEO of Cherry, said: "We are very pleased to add another acquisition that will further improve Cherry’s results and cash flow.

“NorgesSpill.com will migrate to the Cherry platform during 2016, and we are confident that we can develop the business further.”