Welcome to our dedicated page for Bragg Gaming Group news (Ticker: BRAG), a resource for investors and traders seeking the latest updates and insights on Bragg Gaming Group stock.
Bragg Gaming Group Inc. (NASDAQ: BRAG, TSX: BRAG) is an iGaming content and platform technology solutions provider whose news flow reflects developments across regulated online casino and sportsbook markets. The company regularly issues updates on content launches, platform deployments, turnkey agreements and strategic partnerships with operators in regions such as the U.S., Canada, Latin America and Europe.
On this page, readers can follow news about Bragg’s proprietary and exclusive casino content, including titles from its in-house Bragg Studios brands Wild Streak Gaming, Atomic Slot Lab and Indigo Magic, as well as games from its Powered By Bragg studio partners. Coverage also includes announcements related to the Bragg HUB content delivery platform, its modular Player Account Management (PAM) systems and the Fuze™ player engagement and gamification toolset.
Recent releases highlight Bragg’s activities in newly regulated and expanding markets, such as turnkey and PAM agreements in the Netherlands, Belgium and Finland, and content distribution deals with operators in Brazil and other Latin American jurisdictions. News items also describe the company’s AI transformation plan, the development of the Bragg AI Brain and its partnership with Golden Whale Productions to integrate advanced predictive intelligence into the PAM platform.
Investors and industry observers can use this news feed to track Bragg’s strategic restructuring actions, market expansion initiatives, technology enhancements and regulatory disclosures. By reviewing these updates, readers gain insight into how Bragg is deploying its content, platform technology and AI capabilities across more than 30 regulated iCasino markets worldwide.
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
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) will release its Q4 and full year 2021 financial results on March 10, 2022, before market opening. A conference call hosted by CFO Ronen Kannor and CSO Yaniv Spielberg will follow at 8:00 a.m. ET to discuss the results and business updates. Dial-in details have been provided. A replay will be available until March 21, 2022. Bragg is a global gaming technology provider operating in Europe, North America, and Latin America.
Bragg Gaming Group has received a license to offer its online casino games in the Bahamas, expanding its presence in regulated markets. This approval follows recent launches in the UK, Netherlands, Greece, Switzerland, and Czech Republic. The company targets markets similar in demographics to the US and Canada, with additional licenses planned for New Jersey, Pennsylvania, Michigan, and Ontario. Chris Looney, Chief Commercial Officer, emphasized the opportunity to appeal to diverse player demographics and highlighted the company’s commitment to global growth.
Bragg Gaming Group (NASDAQ: BRAG) has launched exclusive iGaming content in the Czech Republic through a partnership with SYNOT Group, marking its entry into the market and enhancing its Central European presence. This is the company's sixth market expansion since March 2021, following entries in Switzerland, Germany, Greece, the Netherlands, and the UK. The total addressable market for the online casino sector in the Czech Republic is estimated at US$0.5 billion for this year, contributing to a US$9.5 billion total across six markets since March 2021.
Bragg Gaming Group expects a substantial increase in 2021 revenue, projecting approximately EUR €58.0 million (USD $66.1 million) and adjusted EBITDA of EUR €7.0 million (USD $8.0 million). The company raises its 2022 outlook to between EUR €68-72 million (USD $78-82 million) in revenue and EUR €9.5-10.5 million (USD $10.8-12.0 million) in adjusted EBITDA, indicating year-over-year growth of 21% and 43%, respectively. Bragg anticipates completing the acquisition of Spin Games by Q1 2022, which will enhance its market entry capabilities and total addressable market (TAM) growth, expected to reach over USD $18 billion by year-end 2022.
Bragg Gaming Group (NASDAQ: BRAG) has partnered with Blue Guru Games to launch new exclusive titles for the European iGaming markets. The collaboration will produce innovative games, starting with Nemean Lion, which will be distributed through ORYX's Blue Horn program. Blue Guru aims to create engaging games inspired by history and mythology. Bragg's Group Director of Content emphasized the strong alignment in design philosophy between the two firms, while Blue Guru's CEO expressed excitement about delivering unique gaming experiences. This partnership expands Bragg's content offerings.
FAQ
What is the current stock price of Bragg Gaming Group (BRAG)?
What is the market cap of Bragg Gaming Group (BRAG)?
