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. reports developments in iGaming content and platform technology for online casino, sports betting and lottery operators. The company provides proprietary, exclusive and aggregated casino games, including titles from Bragg Studios brands such as Wild Streak Gaming, Atomic Slot Lab and Indigo Magic, and distributes RGS-built games through the Bragg HUB content delivery platform.
Recurring news for BRAG covers operator partnerships in regulated markets, sportsbook and casino technology integrations, PAM platform deployments, Fuze player-engagement tools, content launches in regions such as Europe, North America and Latin America, financial results, guidance, board and management updates, and share ownership or trading disclosures.
Bragg Gaming Group reported a 4.2% increase in revenue to EUR 23.8 million for the first quarter of 2024. The company also achieved a gross profit of €11.9 million, a gross profit margin of 49.9%, and an Adjusted EBITDA of €3.4 million. Despite modest decreases in gross profit and Adjusted EBITDA due to business agreements, Bragg remains confident in its long-term growth. The company continues to focus on expanding its client base, introducing new exclusive titles, and exploring strategic growth opportunities.
Bragg Gaming Group has appointed Neill Whyte as Chief Commercial Officer, effective May 1, 2024, to lead global commercial teams and drive growth across various product verticals. Whyte brings over 18 years of experience in the iGaming sector and has a successful track record in developing commercial partnerships. His appointment aims to strengthen Bragg's position in existing and new markets, including the US, Canada, Latin America, and Europe.
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