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 (NASDAQ: BRAG, TSX: BRAG) has announced preliminary unaudited results for 2024 and guidance for 2025. The company expects 2024 revenue of at least EUR 102 million (9% increase) and Adjusted EBITDA of minimum EUR 15.4 million (1% increase).
For 2025, Bragg projects revenue between EUR 117.5-123.0 million and Adjusted EBITDA of EUR 19.0-21.5 million. Growth will be driven by increased focus on proprietary content, with significant expansion expected in North America (up to 10% of revenue) and Brazil (up to 15% of revenue). The company has integrated with major US operators like DraftKings and Caesars, reaching 90% of the US iGaming market.
Bragg has also introduced a Stock Appreciation Rights plan for executives, with payouts tied to share price increases over three years, targeting a four-fold increase from CAD $5 base price.
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG), a global B2B iGaming content and technology solutions provider, has announced a new technology platform and exclusive games development partnership with Caesars Entertainment for the U.S. and Canadian markets. This partnership elevates Bragg's relationship with Caesars from a content supplier to a technology partner, leveraging Bragg's advanced iGaming technology and content development expertise.
The collaboration is projected to drive double-digit growth in Bragg’s revenue and profitability in 2025, particularly in North America. The agreement will accelerate growth in Bragg's exclusive content revenue, enhancing a balanced and margin-accretive product mix. The partnership includes a strategic technology licensing framework for Caesars to lease Bragg’s Remote Gaming Server (RGS), along with options to license the Bragg HUB product delivery and casino game aggregation platform, and Bragg’s Fuze™ player engagement platform.
Bragg will collaborate with Caesars' in-house games studio team to develop online casino games for Caesars' digital platforms, including Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook & Casino. This expanded partnership follows the successful development of exclusive titles like Lady Luck Casino Egyptian Magic and Boardwalk Slots Bankers & Cash for Caesars Palace Online Casino.
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) has launched operations in Brazil's newly regulated iGaming market, which opened on January 1, 2025. The Brazilian online casino market is projected to reach USD 1.4 billion in 2025 and USD 3.7 billion by 2029.
The company is already live with approximately one-third of licensed iCasino operators in Brazil, including Superbet, KTO, Betano, Novibet, Sportingbet, and Betboo, and expects to reach over half of licensed operators by Q2 2025. Bragg estimates that Brazil could represent up to 10% of its total revenue in 2025.
Bragg's offering includes proprietary content titles, exclusive games from 'Powered by Bragg' partners, and content aggregation through Bragg HUB, which provides over 10,000 online casino game titles. The company operates from its São Paulo office, providing localized support to Brazilian operators.
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) announced significant insider share purchases by management and board members, demonstrating confidence in the company's undervalued shares. Following the conclusion of its Strategic Alternatives Process, the company has reiterated strong expectations for 2025, including double-digit revenue growth, expanding profit margins, and increased operational leverage.
CEO Matevž Mazij emphasized that strategic growth and liquidity initiatives remain key priorities. The review process identified focus areas including stronger cash generation, revenue diversification, accelerated proprietary content growth, and enhanced margins. The company plans to issue formal 2025 guidance in early 2025.
Bragg Gaming Group reported record Q3 2024 results with revenue increasing 16% year-over-year to EUR 26.2 million. Gross profit rose 18% to EUR 14.0 million, while Adjusted EBITDA grew 7% to EUR 4.1 million. The company saw a 40% increase in proprietary online content revenue, driven by expanded US distribution. The Board concluded its strategic review, determining that executing the current strategy is the best path forward. Bragg reiterated its 2024 guidance of EUR 102.0-109.0 million in revenue and EUR 15.2-18.5 million in Adjusted EBITDA, tracking toward the lower end of guidance.
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG), a global B2B iGaming content and technology solutions provider, has announced it will release its third quarter 2024 financial results before market opening on Thursday, November 14, 2024. The company will host a conference call at 8:30 a.m. Eastern Time, featuring CEO Matevž Mazij and interim CFO Robbie Bressler, who will discuss financial results and provide a business update. A presentation will be available on the company's investor relations website, and a replay of the call will be accessible until November 21, 2024.
The Planet MicroCap Showcase: VANCOUVER is set to take place on September 25-26, 2024 at the Fairmont Waterfront Vancouver. This event will feature 50 MicroCap public and private companies presenting their businesses. The showcase begins with keynotes from Paul Andreola of Small Cap Discoveries and Brent Todd from Canaccord Genuity Wealth Management.
The event includes presentations from various industry experts and company executives. Attendees can participate in 1x1 meetings with presenting companies. The agenda covers a wide range of sectors, including technology, healthcare, renewable energy, and more. Notable presenting companies include Reklaim, Grey Wolf Animal Health, McCoy Global, and BRAGG Gaming Group.
The showcase offers both in-person and virtual attendance options, with webcasting links provided for those unable to attend live. The event is supported by several sponsors, including Canaccord Genuity, Lucosky Brookman, and Marcum LLP.
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) has expanded its partnership with Caesars Digital to Pennsylvania and Ontario, following earlier launches in New Jersey and Michigan. This expansion brings exclusive game titles and Remote Gaming Server (RGS) technology to new markets, doubling the number of states/provinces where Bragg content is offered on Caesars Palace Online Casino and Caesars Sportsbook & Casino.
Players in Pennsylvania and Ontario will now have access to leading titles, including exclusive custom titles featuring Caesars IP, as well as games from Bragg's multiple studio partners. The expansion aligns with Bragg's strategy to deliver engaging content across North America. H2 Gambling Capital projects Gross Win of over USD $2.5 billion for Pennsylvania's regulated online casino market in 2024, and USD $2.2 billion for Ontario in the same period.
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) announced its Q2 2024 financial results, reporting record revenue of EUR 24.9 million (USD 26.6 million), a 0.5% increase compared to Q2 2023. Gross profit fell by 10.3% to EUR 12.4 million, and adjusted EBITDA decreased by 23.8% to EUR 3.6 million.
CEO Matevž Mazij highlighted the growth in higher-margin products and expansion in key markets like the U.S., where wagering volume is expected to double in 2024. Bragg launched 17 new titles globally, expanded its U.S. presence with BetMGM and FanDuel partnerships, and secured significant deals in Europe, including the Netherlands and Italy. The company reiterated its full-year 2024 revenue guidance of EUR 102.0-109.0 million and adjusted EBITDA of EUR 15.2-18.5 million.
Notable developments include the appointment of key executives, settling USD 1 million of convertible debt, and securing a EUR 6.5 million investment to enhance balance sheet flexibility.
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG), a global B2B gaming technology and content provider, has announced the release of its second quarter 2024 financial results on Thursday, August 8, 2024, before the financial markets open. The company will host a conference call at 8:30 a.m. Eastern Time on the same day, featuring CEO Matevž Mazij and interim CFO Robbie Bressler, to discuss the results and provide a business update. A presentation will be available for viewing on the company's investor relations website. Interested parties can join the call using provided toll-free and international dial-in numbers. A webcast of the call and presentation will also be available, and a replay will be accessible until August 15, 2024.
FAQ
What is the current stock price of Bragg Gaming Group (BRAG)?
What is the market cap of Bragg Gaming Group (BRAG)?
