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Bragg Gaming Group's subsidiary, ORYX Gaming, has signed a licensing agreement with Premier Gaming, allowing access to an extensive library of games and an advanced player engagement platform. This collaboration targets a multi-billion dollar online gambling market, enhancing both companies' revenue potential. The agreement enables Premier Gaming to enhance its offerings with ORYX's exclusive game content and proven engagement tools, which have shown to improve player retention and session times, further solidifying Bragg as a leader in the online gaming sector.
Bragg Gaming Group's subsidiary, ORYX Gaming, has launched an online gaming solution for Croatian operator Senator, marking Bragg's first online venture. The deal includes the ORYX iGaming Platform and access to over 10,000 games from more than 100 providers, allowing Senator to optimize player engagement. This online expansion aligns with Senator's established reputation and ORYX's growth strategy in regulated markets. Bragg holds licenses in multiple jurisdictions, including Malta and Romania, reinforcing its commitment to high standards of security and regulatory compliance.
Bragg Gaming Group has announced its inclusion in the 2021 Venture 50, recognizing top-performing TSX Venture Exchange companies. This accolade follows strong financial results for 2020, which also resulted in Bragg's graduation to the Toronto Stock Exchange on January 27. The Venture 50 selection was based on market capitalization growth, share price appreciation, and trading volume for the year ended December 31, 2020. CEO Adam Arviv highlighted ongoing momentum and plans for global expansion.
Bragg Gaming Group announced that the common share purchase warrants issued on November 18, 2020, expired on February 22, 2021. This acceleration was triggered as the common shares traded above $1.50 for 10 consecutive days. CEO Adam Arviv stated this reflects investor confidence and has improved the company's balance sheet, providing over $40M in cash and no debt, while maintaining positive cash flow. The company continues to expand its influence in the global online gaming market.
Bragg Gaming Group welcomed the Canadian government’s vote on Bill C-218 to legalize single-event sports betting, potentially ending a long-standing prohibition. The bill aims to redirect approximately $14 billion in annual black-market bets back into Canadian communities, securing jobs and creating a safer gambling environment. Bragg's executives highlighted that this legislation would provide Canadian operators a competitive edge globally and support local economies. The bill is set for further review before potential final approval in May 2021.
Bragg Gaming Group has announced the election of Lara Falzon to its Board of Directors, effective March 1, 2021. Falzon, a seasoned gaming industry professional, brings extensive financial experience, including prior roles as CFO at Red Tiger Gaming and operational CFO at NetEnt. Her leadership helped facilitate significant transactions in the gaming sector, including the sale of Red Tiger for over US$315 million. Bragg aims to leverage her expertise to support its global growth strategy and plans to list on NASDAQ in 2021.
Bragg Gaming Group (OTC: BRGGF) has partnered with Mr. Gamble, an emerging online casino affiliate, through its subsidiary ORYX Gaming. This collaboration aims to promote ORYX's extensive game offerings, including more than 10,000 games from over 100 providers, on Mr. Gamble's platform and Twitch channel. With Twitch's growing popularity, boasting over 1.2 million views on Mr. Gamble's channel, the partnership is expected to enhance player engagement and provide direct feedback on ORYX's titles, benefiting both entities.
Bragg Gaming Group will feature an exclusive interview with Chief Strategy Officer Yaniv Spielberg on Bloomberg International on February 7, 2021. This interview will reach 100 million homes in Europe and will also air on Bloomberg U.S. to 73 million homes. Spielberg will discuss Bragg's position as a leader in the global gaming industry, its turnkey solutions for online gambling operators, and future plans for scaling revenue. This initiative highlights Bragg's commitment to growth and its innovative approach within the online gaming sector.
Bragg Gaming Group has announced an expansion into Serbia through its subsidiary ORYX Gaming, which has become the exclusive content aggregation partner for MerkurXtip. This partnership enhances MerkurXtip's online casino offerings with access to ORYX Hub, featuring over 10,000 games from 100+ suppliers. The Serbian online gambling market is rapidly growing, with GGR rising from €16m in 2016 to €96m in 2019, reflecting an 82% CAGR. ORYX is licensed in multiple jurisdictions and recently achieved ISO/IEC 27001 certification for information security.
Bragg Gaming Group announced that Google's policy update will enable the download of online gaming apps in 15 new countries, including the U.S., starting March 1, 2021. This move is anticipated to expand players' access to various gaming options, including online casinos and sports betting. CEO Adam Arviv emphasized that this change supports a safer and regulated gaming market globally. The update follows the existing availability of such apps in the U.K., Ireland, France, and Brazil, marking a significant development in the online gaming landscape.
