Bragg Gaming Group Inc Stock Price, News & Analysis

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) has secured new credit facilities of up to US$6.0 million from the Bank of Montreal (BMO), replacing its previous promissory note indebtedness. The new facilities are expected to reduce borrowing costs by more than 50%, with estimated rates of 6.9%-7.9% for Prime-based loans or 5.9%-6.9% for CORRA-based loans.

The company also provided an update on its August 16, 2025 cybersecurity incident, confirming the breach has been contained with no impact on revenue, profitability, or personal information. Bragg has implemented enhanced cybersecurity measures and reports being on track to achieve its 20% Adjusted EBITDA margin target for H2 2025, having already realized EUR 2 million in annualized synergies.

Bragg Gaming Group (BRAG:CA), a leading online gaming technology provider, reported a cybersecurity incident detected on August 16, 2025. The company has taken immediate action and engaged independent cybersecurity experts to address the situation.

Based on preliminary investigations, the breach was confined to Bragg's internal computer environment with no indication of personal information being compromised. The incident has not affected the company's operational capabilities or data access. Bragg maintains its commitment to data safety and will provide updates on bragg.group as the situation develops.

Bragg Gaming Group (BRAG) reported Q2 2025 financial results with revenue increasing 4.9% to EUR 26.1M compared to Q2 2024. Excluding The Netherlands, revenue grew 21% year-over-year, with proprietary content revenue up 44%.

The company is implementing a strategic shift focusing on cash flow, integration, and margin improvement. Key achievements include EUR 2M in annualized synergies, debt repayment of USD 5.0M, and expansion in the U.S. market through partnerships with Fanatics Casino and Hard Rock Digital.

Bragg revised its 2025 guidance, now expecting revenue between EUR 106.0-108.5M and Adjusted EBITDA of EUR 16.5-18.5M, reflecting a focus on higher-quality earnings despite headwinds in The Netherlands and Brazil markets.

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) has scheduled its second quarter 2025 financial results release for August 14, 2025, before market open. The company will host a conference call at 8:30 a.m. Eastern Time featuring CEO Matevž Mazij and CFO Robbie Bressler to discuss financial results and provide a business update.

The presentation will be accessible through the company's investor relations website. Participants can join via various international dial-in numbers or webcast. An audio recording will be available through August 21, 2025, via the Echo Replay platform.

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) has announced key updates to its debt structure. The company has extended the maturity date of its existing USD 2 million promissory note to August 15, 2025.

Additionally, Bragg is in the process of securing a senior secured revolving credit facility with a Schedule I Canadian bank, expected to provide up to USD 6 million in funding. This new facility, anticipated to be completed in the coming weeks, will become available after the repayment of the existing note from cash on hand. The new facility will offer more favorable terms, including lower borrowing costs and improved drawdown flexibility.

Bragg Gaming Group (NASDAQ: BRAG; TSX: BRAG) has appointed Luka Pataky as Executive Vice President of AI and Innovation to advance the company's artificial intelligence initiatives. Pataky, with over a decade of experience at Sportradar, brings significant expertise in AI, Computer Vision, and Deep Learning.

In his previous role as Senior Vice President for Automated Content at Sportradar, Pataky led a team of over 70 professionals and developed a system that powered more than 300,000 sports events annually. At Bragg, he will develop a comprehensive AI strategy, integrating artificial intelligence across product development, user experience, external communications, safer gambling initiatives, and internal processes.

The appointment aligns with Bragg's existing AI initiatives, including its AI-powered Games Recommendation System in the Fuze™ marketing toolset and AI-driven responsible gambling solutions.

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) has announced a significant expansion in the U.S. market through a partnership with Fanatics Casino across New Jersey, Michigan, and Pennsylvania. The collaboration involves the launch of Bragg's exclusive online casino content and Remote Gaming Server (RGS) technology.

The partnership will give players access to Bragg's full game catalogue, including titles from their in-house studios Atomic Slot Lab, Indigo Magic, and Wild Streak Gaming. Popular games like "Cai Fu Emperor Ways" and "Queenie" will be available alongside content from multiple studio partners including Incredible Technologies, Bluberi, King Show Games, and Sega Sammy Creation. New partners Boomerang Studios, Four Leaf Gaming, and Reflex Gaming will launch titles later this year.

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) held its annual general meeting of shareholders on June 17, 2025, where shareholders voted on key matters. All nominated directors were successfully elected with strong approval rates ranging from 92.91% to 99.93%. The elected board members include Matevž Mazij, Holly Gagnon, Mark Clayton, Kent Young, Don Roberston, and Ron Baryoseph. Additionally, shareholders approved the re-appointment of MNP LLP as the company's auditors with 97.49% of votes in favor, authorizing the board to determine their remuneration.

Bragg Gaming Group has signed an agreement with Hard Rock Digital to develop exclusive online casino games for Hard Rock Bet Casino. The partnership expands on their existing relationship where Hard Rock Bet already offers Bragg's content from Wild Streak Gaming, Atomic Slot Lab, and Indigo Magic studios. The exclusive titles will initially launch in New Jersey with potential for expansion into future markets. This strategic move is expected to accelerate Bragg's U.S. expansion and position the U.S. as their fastest-growing market in 2025. The new games will join Hard Rock Bet Casino's existing portfolio of over 2,900 titles, aiming to provide unique gaming experiences for players.