I haven’t heard of them, but I recognize one of their brands – 7red.com. I believe that there was once a program called 7redaffiliates, which if I’m not mistaken, had some payment processing issues. Anyone else remember something along these lines?
Cherry Affiliates might just be a rebrand of that affiliate program that they had in the past. Not certain though, but it shows the same brand
Update: Looks like 7red did have some predatory terms at one point which were removed. http://www.casinoaffiliateprograms.com/bb/42379-7red-affiliates-remove-predatory-term.html