Bragg Gaming Group Inc. Common Shares - BRAG STOCK NEWS

Bragg Gaming Group (NASDAQ: BRAG) has successfully launched its gaming content in the UK through a partnership with Casumo, a major player in the online casino market. This marks ORYX Gaming's fourth launch in the UK within the last four months, reflecting its growing presence in the largest regulated iGaming market. The collaboration allows Casumo to offer a selection of exclusive games from ORYX’s portfolio, enhancing the gaming experience for local players. The partnership previously extended to Casumo's Spanish brand, demonstrating a strong relationship between the two companies.

Bragg Gaming Group (NASDAQ: BRAG) has launched its exclusive iGaming content portfolio in Portugal with notable operator Betclic. This marks Bragg's seventh regulated European country launch since April 2021. The partnership enhances Betclic’s offerings, catering to the growing online casino segment, which is projected to be around USD 307 million in 2022. The Chief Commercial Officer of Bragg mentioned the potential for success in the Portuguese market, where online slot play is significant.

Bragg Gaming Group (NASDAQ: BRAG) has launched its content distribution agreement with 888casino as the regulated iGaming market in Ontario opens. This agreement allows Bragg to offer games from its exclusive portfolio, including the game Egyptian Magic, to 888casino's platform. Since receiving its supplier license from the Alcohol and Gaming Commission of Ontario in March 2022, Bragg has ensured compliance and is poised to support multiple operators entering this growing market, which is expected to exceed US$2 billion by 2022.

Bragg Gaming Group has secured content distribution agreements with multiple iGaming operators following its supplier license from the Alcohol and Gaming Commission of Ontario (AGCO). The agreements encompass exclusive iGaming content as the Ontario market opens on April 4, 2022. With expectations of Ontario becoming a major iGaming market, Bragg aims to leverage its industry-leading technology to capitalize on this opportunity. The combined iCasino and sports betting market in Canada is estimated at over $2 billion in 2022, heightening the potential for growth in this sector.

Bragg Gaming Group's ORYX Gaming has launched its exclusive iGaming content in the Bahamas with the country's largest operator, Island Luck. This launch follows regulatory approval, allowing ORYX to offer its products in the Caribbean. The partnership enables Island Luck's customers access to ORYX’s diverse game portfolio, which is expected to grow with additional agreements in the region. Bragg aims to expand into markets similar to the U.S. and Canada, having received licenses in Ontario and pursuing further applications in New Jersey, Pennsylvania, and Michigan.

Bragg Gaming Group (NASDAQ: BRAG) has announced a partnership with Microgame to distribute its gaming content in Italy, Europe's second-largest regulated online market. This agreement will initially feature titles from Bragg's Atomic Slot Lab, including 'Egyptian Magic' and popular games like 'Respins of Amun-Re.' Italy's online casino revenue is expected to reach US$2.3 billion in 2022. Bragg's expansion follows successful launches in the UK, Netherlands, Greece, Czech Republic, Germany, and Switzerland, enhancing its presence in established regulated markets.

Bragg Gaming Group (NASDAQ: BRAG) reported a strong financial performance for Q4 and FY 2021, marked by revenue growth of 14.4% to €15.8 million in Q4 and 25.6% to €58.3 million for the full year. The company also emphasized its continued market expansion, increasing its total addressable market to approximately USD $13.5 billion, with plans to enter the U.S. and Canada. Bragg reiterated guidance for 2022 full-year revenue between €68-72 million and Adjusted EBITDA of €9.5-10.5 million, projecting growth of 20% and 39%, respectively. Gross profit margin improved to 51% in Q4.

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) announced it has received a supplier license from the AGCO, enabling it to provide iGaming and sports betting solutions in Ontario starting April 4. This positions Bragg among the first suppliers in the newly regulated Canadian market, estimated to exceed $2 billion in 2022, with Ontario expected to be a key player. The company is prepared to leverage existing technology and partnerships to capitalize on this opportunity, enhancing its presence in North America following successful launches in the UK and the Netherlands.

Bragg Gaming Group (NASDAQ: BRAG) has extended its market presence in Spain by launching its content with 888casino, a leading online casino brand. This collaboration introduces a diverse selection of unique games from ORYX’s RGS portfolio, including exclusive titles from its in-house studio and new partner Blue Guru. The launch enriches 888casino’s offerings, which capitalize on a projected market size of $0.53 billion in 2022. This partnership builds on ORYX's strong growth in 2021, where it entered multiple jurisdictions and forged ties with numerous operators.