Bragg Gaming Group

Bragg Gaming Group, Inc. engages in the provision of artificial intelligence services including semantic search, machine learning, and natural language processing. The firm offers ORYX Gaming, an innovative business to business gaming technology platform and casino content aggregator, and GiveMeSport, a sports media outlet. It operates through the following geographical segments: North America, United Kingdom, and Europe. The company was founded on March 17, 2004 and is headquartered in Toronto, Canada.

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Bragg Gaming Group, Inc. engages in the operation of a B2B online gaming technology platform and casino content. The firm offers ORYX Gaming, an innovative business to business gaming technology platform and casino content aggregator, and GiveMeSport, a sports media outlet. The company was founded on March 17, 2004 and is headquartered in Toronto, Canada.

Bragg Gaming reported Q4 results with a revenue decrease of -1.4% YoY, missing analysts' estimates due to a single customer's change in commercial terms. The company still expects good growth in 2024, but the adjusted EBITDA guidance likely doesn't anticipate operating leverage that I believe to drive the long-term investment case. Bragg has now formed a special committee to review strategic alternatives, sparking hopes for potential transactions revealing underlying shareholder value.

Bragg Gaming: Strategic Alternative Review Underlines Potential In Underlying Value

Bragg Gaming Group (BRAG) Q4 2023 Earnings Call Transcript

FULL YEAR 2023 REVENUE RISES 10.4% TO EUR 93.5 MILLION (USD 100.5 MILLION) AND ADJUSTED EBITDA GROWS 26.3% TO EUR 15.2 MILLION (USD 16.3 MILLION) FULL YEAR GROSS PROFIT RISES 10.8% TO EUR 49.9 MILLION (USD 53.7 MILLION) REFLECTING HIGHER REVENUE IN GROSS PROFIT TO 53.4% TORONTO , March 26, 2024 /PRNewswire/ - Bragg Gaming Group (NASDAQ: BRAG) (TSX: BRAG) ("Bragg" or the "Company"), a global B2B content-driven iGaming technology provider, today reported record financial results for the fourth quarter and full year ended December 31, 2023. The Company also provided an update on its strategic growth initiatives and updated its growth targets for 2024 revenue and Adjusted EBITDA.

BRAGG GAMING REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS, CONFIRMS FORMATION OF SPECIAL COMMITTEE

TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or the “Company”), a global B2B content-driven iGaming technology provider, today reported record financial results for the fourth quarter and full year ended December 31, 2023. The Company also provided an update on its strategic growth initiatives and updated its growth targets for 2024 revenue and Adjusted EBITDA. Summary of FY23 and 4Q23 Financial and Operational Highlights                     Euros (millions)(1.

Bragg Gaming Reports Fourth Quarter and Full Year 2023 Financial Results, Confirms Formation of Special Committee

RECONFIRMS FULL FINANCIAL RESULTS TO BE RELEASED ON MARCH 26 TORONTO , March 25, 2024 /PRNewswire/ - Bragg Gaming Group Inc. ( NASDAQ: BRAG) (TSX: BRAG ) (" Bragg" or the "Company"), a global B2B gaming technology and content provider, pre-announced today full year 2023 revenue of EUR 93.5 million, representing an increase of 10.4% year over year, with Adjusted EBITDA rising by 26.3% to EUR 15.2 million. The Company will release its full fourth quarter and full year 2023 financial results prior to the opening of the financial markets on Tuesday, March 26, 2024.

BRAGG PRE-ANNOUNCES FULL YEAR 2023 REVENUE RISE OF 10.4% TO EUR 93.5 MILLION (USD 100.5 MILLION) AND ADJUSTED EBITDA GROWTH OF 26.3% TO EUR 15.2 MILLION (USD 16.3 MILLION)

TORONTO--(BUSINESS WIRE)--Bragg Gaming Group Inc. ( NASDAQ: BRAG , TSX: BRAG ) (“ Bragg ” or the “ Company”), a global B2B gaming technology and content provider, announced today that it will release its fourth quarter and full year 2023 financial results prior to the opening of the financial markets on Tuesday, March 26, 2024. The release will be followed by a conference call at 8:30 a.m. Eastern Time, hosted by Bragg Chief Executive Officer, Matevž Mazij, Chief Financial Officer, Ronen Kannor.

Bragg Gaming Group to Release Fourth Quarter and Full Year 2023 Results on March 26

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TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or the “Company”) proudly announces that it has gone live with its newest games and Remote Game Server (RGS) technology at Golden Nugget in Michigan. This milestone marks a significant step in Bragg's ongoing commitment to delivering innovative and engaging content to players across North America. Games now available to Golden Nugget's players in Michigan include popular titles such as "Cai Fu Emperor Ways" and "Egy.

Bragg Gaming Continues U.S. Expansion with Golden Nugget in Michigan

Bragg is growing in the online gaming industry through new content releases and deals with customers globally. The company operates at around breakeven, but further growth could surface value with operating leverage as Bragg's operating model doesn't seem to require too much marginal SG&A. The valuation only prices in modest growth and margin expansion below my expectations, making the valuation seem like a good risk-to-reward.

Bragg Gaming: An Operating Leverage Opportunity

TORONTO--(BUSINESS WIRE)--Bragg Gaming Group has taken its aggregation platform live with Superbet in Brazil, following a deal that sees the provider become a leading partner to the operator in one of the world's hottest gambling markets. As well as third-party content from the industry's most sought after providers, Bragg now supplies Superbet with its proprietary games portfolio, including popular titles from in-house studios Atomic Slot Lab and Indigo Magic. The deal sees Bragg cement its pr.

Bragg Gaming Supplies Online Casino Game Aggregation for Superbet in Brazil

TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) ("Bragg" or the "Company"), a global B2B content-driven iGaming technology provider, announced today that Chief Executive Officer, Matevž Mazij, and Chief Strategy Officer, Yaniv Spielberg, will host meetings with institutional investors at The Benchmark Company's 12th Annual Discovery 1x1 Investor Conference to be held on Thursday, December 7, 2023 at The New York Athletic Club in New York City. Interested parties can acces.

Bragg Gaming Group to Participate at the Benchmark Company's 12th Annual Discovery 1X1 Investor Conference on December 7

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TORONTO--(BUSINESS WIRE)--Bragg Gaming Group Inc. (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or the “Company”), a global B2B gaming technology and content provider, today announced that President and Chief Operating Officer, Lara Falzon, has provided notice that she will resign from her positions, effective December 31, 2023. Ms. Falzon will remain actively involved in the day-to-day operations of the Company until this date. Matevž Mazij, Bragg Chairman and Chief Executive Officer, commented, “During.

Bragg Gaming Announces Resignation of President and Chief Operating Officer

Bragg Gaming Group Inc. (NASDAQ:BRAG ) Q3 2023 Earnings Conference Call November 9, 2023 8:30 AM ET Company Participants Yaniv Spielberg - Chief Strategy Officer Matevz Mazij - Chief Executive Officer Ronen Kannor - Chief Financial Officer Conference Call Participants Gianluca Tucci - Haywood Securities Jordan Bender - JMP Securities Adhir Kadve - Eight Capital Daniel Rosenberg - Paradigm Capital Inc Sid Dilawari - Cormark Securities Operator Welcome everyone to the Bragg Gaming Group Third Quarter 2023 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Yaniv Spielberg, Chief Strategy Officer for Bragg Gaming Group.

Bragg Gaming Group Inc. (BRAG) Q3 2023 Earnings Call Transcript

TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) ("Bragg" or the "Company"), a global B2B content-driven iGaming technology provider, today reported financial results for the third quarter ended September 30, 2023. The Company also reiterated its revenue and Adjusted EBITDA growth targets for the 2023 full year period. Summary of 3Q23 Financial and Operational Highlights   Euros (millions)(1)   3Q23   3Q22   Change Revenue   € 22.6   € 20.9   8.0 % Gross profit   € 11.9  .

Bragg Gaming Group Third Quarter Revenue Rises 8.0% Year Over Year to €22.6 Million (USD $24.0 Million)

TORONTO--(BUSINESS WIRE)--Bragg Gaming Group Inc. (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or the “Company”), a global B2B gaming technology and content provider, today announced it has extended its agreement with Entain Plc (LSE: ENTL) to supply Entain's Dutch iGaming operator, BetCity.nl, with the Company's Player Account Management (“PAM”) platform until 2025. BetCity.nl will also continue to utilize Bragg's content and product delivery services on an exclusive basis for the duration of the extend.

Bragg Gaming Extends Agreement with Entain for Provision of PAM to BetCity.nl

TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or “the Company”), today announced that it has launched its new content and Remote Game Server (“RGS”) technology with BetMGM in New Jersey. Egyptian Magic from Bragg's Atomic Slot Lab studio is now available to BetMGM's New Jersey customers at https://www.nj.betmgm.com, with further titles from the Company's proprietary games studios and partner studios under its ‘Powered by Bragg' program expected to roll out in t.

Bragg Gaming Launches New Content Portfolio with BetMGM in New Jersey

TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) ("Bragg" or the "Company"), a global B2B gaming technology and content provider, announced today that it will release its third quarter 2023 financial results prior to the opening of the financial markets on Thursday, November 9, 2023. The release will be followed by a conference call at 8:30 a.m. Eastern Time, hosted by Bragg Chief Executive Officer, Matevž Mazij, Chief Financial Officer, Ronen Kannor, and Chief Strategy Of.

Bragg Gaming Group to Release Third Quarter 2023 Results on November 9 and Host Conference Call and Webcast

TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG), a leading content and technology provider to the online gaming industry, announced today the expansion of its content distribution network in Italy with Lottomatica Group S.p.A. (BIT: LTMC), the leading online casino operator in Europe's second largest regulated online casino market. The new content distribution agreement will bring Bragg's Italian casino content portfolio, including localized versions of proprietary games.

Bragg Gaming Expands iGaming Content Reach in Italy with Lottomatica

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Should Value Investors Buy Bragg Gaming Group Inc. (BRAG) Stock?

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The average of price targets set by Wall Street analysts indicates a potential upside of 71% in Bragg Gaming Group Inc. (BRAG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Bragg Gaming Group Inc. (BRAG) Could Surge 71.04%: Read This Before Placing a Bet

TORONTO--(BUSINESS WIRE)--Bragg Gaming Group Inc. (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or the “Company”), a global B2B gaming technology and content provider, today announced the Board of Directors (the “Board”) has appointed Matevž Mazij, Chairman of the Board, as Chief Executive Officer, effective immediately. Mr. Mazij, Bragg's largest shareholder and the founder of Oryx Gaming, the Company's original PAM, aggregation and RGS gaming technology platforms, which was acquired by Bragg in 2018, ta.

Bragg Gaming Group Appoints Matevž Mazij CEO

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TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or “the Company”), today announced that it has launched its new content and Remote Game Server (“RGS”) technology with bet365 in Ontario. The launch expands the reach of the Company's new Bragg Studios proprietary content in Ontario and demonstrates Bragg's continued progress with its North American expansion initiative. Proprietary content from Bragg Studios – including Fairy Dust from Atomic Slot Lab and Sea of Pl.

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