Cherry Red says it is "based in" Nicosia, Cyprus, but does not actually say that it is licensed by any government authority. Others report that it has registered in Curacao. It benefits from its association with Rushmore Casino and is also part of the same group as Slots Oasis. Cherry Red started up in 2008, using the RealTime Gaming platform. It quickly developed a favorable reputation among online casino gamblers. The site is built around a "Roaring Twenties" theme.

US Players are accepted. All deposits are in US dollars. The site provides over 80 traditional casino table games (like roulette, craps and blackjack) and many slots and video poker machines. Many RTG video poker machines have bonus rounds and other special features. A few slots have the “random jackpot” feature, which can make any spin into a big money winner. The first ten deposits a player makes at Cherry Red online casino will receive a 100% match bonus, up to $777.