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Bragg Gaming Group (OTC: BRGGF) held its annual and special shareholder meeting, where all director nominees were elected. Paul Pathak received 99.67% approval, while Richard Carter and Adam Arviv had 83.18% and 83.19%, respectively. Key resolutions included the re-appointment of auditors with 99.94% approval, a consolidation of shares approved by 97.59%, and a new equity incentive plan with 74.93% approval. The meeting reflects strong support for the board and strategic initiatives aimed at enhancing the company's operational capabilities.
Bragg Gaming Group (OTC: BRGGF) expressed support for Bill C-218, recently passed in the Canadian House of Commons, which legalizes single-event sports betting. CEO Adam Arviv highlighted the bill's potential to redirect profits from an estimated $14 billion in illegal betting to the regulated market, enhancing the Canadian economy. The bill now moves to the Senate for further approval, aiming for completion by May 2021. This change is crucial for Bragg and its partners, enabling them to better compete with U.S. and international operators.
Bragg Gaming Group (OTC: BRGGF) announced its upcoming annual and special meeting of shareholders on April 28, 2021, at 10:00 am ET. The meeting will be held both in person and via live audio webcast in light of COVID-19 safety measures. Shareholders are encouraged to vote by proxy and attend virtually to ask questions. Proxies must be submitted by April 26, 2021, at 10:00 am ET. The company reserves the right to implement additional precautions as needed. Bragg is a global B2B gaming technology provider, expanding in the online gaming market.
Bragg Gaming Group announced the filing of a new preliminary short form base shelf prospectus with Canadian regulators. This move provides the company with the flexibility to pursue future growth initiatives, according to Interim CEO Adam Arviv. The prospectus allows Bragg to offer various securities, including common shares and debt securities, with an aggregate value of up to CAD$500 million over the next 25 months. The specific terms of any securities offerings will be detailed in future supplements.
Bragg Gaming Group has expanded its presence in Spain by launching its exclusive ORYX Gaming content with Casumo, marking Casumo as the second operator in Spain to offer this content. The portfolio includes popular titles like Red Hot Firepot and La Dolce Vita. The Spanish online gaming market, which has seen robust growth, now accounts for nearly 40% of the market's gross gaming revenue. This partnership aligns with Bragg's strategy for market expansion, with an optimistic outlook for future collaborations in Spain.
Bragg Gaming Group has announced that its subsidiary, ORYX Gaming, will roll out exclusive RGS content across Dazzletag’s online casino brands. This launch involves titles from various RGS providers including GAMOMAT and Kalamba Games and will initially target Dazzletag’s MGA licensed brands like FruitKings and Play Sunny, with a future UK market introduction planned. The distribution will occur via the Microgaming platform, enhancing Bragg's European presence. This deal aims to leverage ORYX’s innovative game portfolio to engage players effectively.
Bragg Gaming Group has expanded its European presence by signing a licensing and revenue sharing agreement with Grand Casino Baden, Switzerland’s first licensed online casino operator. The agreement allows jackpots.ch to feature exclusive content from ORYX Gaming, including popular games such as Royal Seven and Ramses Book. This partnership is part of Bragg's strategy to grow its footprint in Switzerland and enhance player engagement. ORYX's SSL certification and licenses in multiple jurisdictions bolster its credibility in the regulated gaming market.
Bragg Gaming Group (OTC: BRGGF) announced it will host a shareholders meeting on April 28, 2021, and has applied to list on The Nasdaq Stock Market. The company seeks shareholder approval for a potential share consolidation of up to 1-for-15 to comply with Nasdaq's initial listing price requirement. The consolidation will be implemented only after demonstrating compliance with other Nasdaq standards. There is no guarantee that the listing will be completed.
Bragg Gaming Group's subsidiary, ORYX Gaming, has successfully launched its content with Grand Casino Luzern, a leading operator in Switzerland. This partnership allows ORYX to tap into the extensive online casino market, as Grand Casino Luzern commands a 40% market share with its mycasino.ch brand. Customers now have access to a range of games from ORYX's exclusive RGS partner, GAMOMAT. The ISO/IEC 27001 certification and prior success in various European markets position ORYX well for future growth in Switzerland.
Bragg Gaming Group (OTC: BRGGF) announced it will host its FY 2020 earnings and business update call on March 25, 2021, at 8:30 am EST. The call will feature Interim CEO Adam Arviv and other key executives. Bragg, a global B2B gaming tech provider, is expanding its presence in the global online gaming market, primarily through its ORYX Gaming platform.
