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Bragg Gaming Group Inc. Common Shares - BRAG STOCK NEWS

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Bragg Gaming Group Inc. (NASDAQ: BRAG, TSX: BRAG) is a leading B2B online gaming technology and content provider. Established in 2018, Bragg specializes in identifying and capitalizing on online gaming opportunities, focusing on both B2B and B2C sectors. The company operates a robust platform that aggregates casino content and delivers proprietary, high-performing, data-driven gaming titles under well-known in-house brands including Wild Streak, Spin, Atomic Slot Lab, Indigo Magic, and Oryx Gaming.

Bragg Gaming offers an expansive range of gaming options such as slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games. These games are featured on their Player Account Management (PAM) platform and are also available for integration with third-party platforms. The company's innovative games are supported by powerful data analytics and the Fuze™ player engagement toolset, which enhances player experiences and operational efficiency.

Bragg generates a significant portion of its revenue from the Netherlands, with additional income streams from Curacao, Malta, the United States, Croatia, and other regions. Recent financial results highlight the company's growth trajectory, with a reported full-year 2023 revenue of EUR 93.5 million, reflecting a 10.4% year-over-year increase, and an adjusted EBITDA rising by 26.3% to EUR 15.2 million.

Bragg’s strategic focus on technological innovation and exclusive content distribution has positioned it as a key player in the global iGaming market. The company’s recent achievements include partnerships with leading operators and continued expansion into regulated markets worldwide. Bragg is licensed and operational in several major jurisdictions including New Jersey, Pennsylvania, Michigan, Ontario, the United Kingdom, Italy, the Netherlands, Germany, Sweden, Spain, Malta, and Colombia.

Latest News: Bragg recently pre-announced its full year 2023 financial results, showcasing robust growth and operational excellence. The company will release detailed financial results prior to the market opening on March 26, 2024, followed by a conference call hosted by CEO Matevž Mazij, CFO Ronen Kannor, and CSO Yaniv Spielberg to discuss the results and provide a business update.

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Bragg Gaming Group expands its content distribution network in Italy with Lottomatica Group, the leading online casino operator in Europe's second largest regulated online casino market. The new agreement brings Bragg's Italian casino content portfolio to a large new Italian audience for the first time, including localized versions of proprietary games and multiple locally-certified titles. Lottomatica is Italy's leading online casino operator with a reported 21% market share. Online casino revenues in Italy are estimated to grow 15% this year to US$2.7 billion.
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Matevž Mazij appointed as CEO of Bragg Gaming Group Inc., replacing Yaniv Sherman
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Bragg Gaming Group has partnered with bet365 to launch its new content and Remote Game Server technology in Ontario. This partnership expands Bragg's reach in the North American iGaming market and introduces proprietary and exclusive content to bet365 customers in the Province.
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Bragg Gaming Group reports record financial results for Q2 2023, with revenue of €24.7 million and gross profit of €13.8 million. Adjusted EBITDA grew by 51.3% to €4.7 million. The company updated its full-year 2023 guidance, expecting revenue growth of 13% and Adjusted EBITDA growth of 32% over 2022.
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Bragg Gaming Group (BRAG) Launches New Proprietary Games with FanDuel in Michigan and Connecticut, Expanding North American Presence. The launch includes games from Bragg Studios brands like Atomic Slot Lab, Indigo Magic, and Spin Games, as well as exclusive titles from third-party developers. The move is part of Bragg's strategy to tap into the projected $2 billion aggregate Gross Win in the regulated interactive casino markets of Michigan and Connecticut by 2023.
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Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) will release its Q2 2023 financial results on August 10, 2023. A conference call will be held at 8:30 a.m. Eastern Time to discuss the results and provide a business update. The call can be accessed via dial-in or webcast. A replay will be available until August 17, 2023.
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FAQ

What is the current stock price of Bragg Gaming Group Common Shares (BRAG)?

The current stock price of Bragg Gaming Group Common Shares (BRAG) is $3.46 as of December 20, 2024.

What is the market cap of Bragg Gaming Group Common Shares (BRAG)?

The market cap of Bragg Gaming Group Common Shares (BRAG) is approximately 87.3M.

What does Bragg Gaming Group Inc. do?

Bragg Gaming Group Inc. is a B2B online gaming technology and content provider, offering a wide range of casino games, and operates a powerful PAM platform.

What are the main brands under Bragg Gaming Group?

The main in-house brands include Wild Streak, Spin, Atomic Slot Lab, Indigo Magic, and Oryx Gaming.

Where does Bragg Gaming Group generate most of its revenue?

Bragg generates the majority of its revenue from the Netherlands, with additional revenue from Curacao, Malta, the United States, Croatia, and other regions.

What kind of games does Bragg Gaming offer?

Bragg offers slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games.

What recent financial performance did Bragg Gaming report?

Bragg pre-announced full-year 2023 revenue of EUR 93.5 million, a 10.4% increase year-over-year, with adjusted EBITDA rising by 26.3% to EUR 15.2 million.

When will Bragg Gaming release its full financial results for 2023?

Bragg Gaming will release its full fourth quarter and full year 2023 financial results on March 26, 2024.

Who will host the upcoming financial results conference call?

The conference call will be hosted by CEO Matevž Mazij, CFO Ronen Kannor, and CSO Yaniv Spielberg.

How can one participate in Bragg Gaming's financial results call?

To join the call, use the dial-in information provided on Bragg's investor relations website or access the webcast and presentation online.

Is Bragg Gaming operational in multiple regulated markets?

Yes, Bragg is licensed and operational in several regulated iCasino markets globally including New Jersey, Pennsylvania, Michigan, Ontario, the United Kingdom, Italy, the Netherlands, Germany, Sweden, Spain, Malta, and Colombia.

What tools does Bragg offer to enhance player engagement?

Bragg's games are supported by powerful data analytics tools and the Fuze™ player engagement toolset, which enhances player experiences and operational efficiency.

Bragg Gaming Group Inc. Common Shares

Nasdaq:BRAG

BRAG Rankings

BRAG Stock Data

87.28M
18.13M
27.21%
5.17%
0.39%
Gambling
Consumer Cyclical
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United States of America
Toronto