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Bragg Gaming Group

Bragg Gets Approval to Acquire Spin Games

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Bragg Gaming Group has announced that it has received all required regulatory approvals to complete its acquisition of Spin Games LLC (Spin Games), which it now expects to occur in early 2022. Bragg also provided an update on its continued operating progress through its recent expansion into the Netherlands.

Yaniv Spielberg, Chief Strategy Officer for Bragg Gaming, said: “As we near the completion of our Spin Games acquisition, we are excited by our near-term U.S. growth prospects, as the transaction marks further progress against our content monetization and addressable market expansion initiatives. Spin’s existing relationships with the leading U.S. iGaming operators and accomplished management team under Kent Young will significantly accelerate our entry into the U.S. iGaming market and we remain on schedule to substantially grow our year-end 2022 total addressable market to more than USD 18 billion. We also expect the total addressable market will expand further as new states approve iGaming. As such, Bragg remains favorably positioned to accelerate our growth going forward.”

Kent Young, Founder and CEO of Spin Games, said: “Our enthusiasm for becoming part of the Bragg family continues to grow as we see firsthand the Company’s ability to execute on its near – and long-term growth strategy. Based on the progress already achieved with our integration plan, we can hit the ground running following the completion of the transaction. We are confident that the combination of our existing footprint and extensive relationships with leading North American iGaming operators combined with Bragg’s focus on technology, highly engaging content and distribution will strengthen the combined company’s competitive position in this rapidly growing market.”

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Bragg Gaming

Bragg Gaming and Light & Wonder Agree to an International Distribution Deal

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Collaboration will see Bragg content featured on Light & Wonder’s ecosystem

Bragg Gaming Group Inc., a global B2B gaming technology and content provider, announced it has signed an international online casino content distribution agreement with Light & Wonder.

The agreement will see high-performing games from Bragg’s proprietary studios, Atomic Slot Lab, Indigo Magic, Wild Streak Gaming and Spin Games added to Light & Wonder’s online ecosystem.

Exclusive content from the supplier’s Powered by Bragg partners will also be integrated, providing Light & Wonder with a wide selection of highly localized and unique titles.

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The deal will encompass numerous European regulated markets as well as the USA and Canada, significantly growing the reach of Bragg’s content to new audiences and strengthening the supplier’s casino offering with new titles.

Matevž Mazij, Chief Executive Officer at Bragg Gaming Group, commented: “Light & Wonder is a world-leading platform and games provider, and this distribution deal will be hugely beneficial for us,  as our content will be in front of new audiences through its large operator network boosting exposure of our games.

“We have focused on strengthening our content portfolio over the last year and this partnership is a testament to the popularity and appeal of our games which have been proven successful in markets globally.”

Steve Mayes, Senior Director Digital Partnerships at Light & Wonder, said: “We are thrilled to be working closely with Bragg, and are looking forward to offering their content across our network. This deal is a great showcase for the power of our aggregation platform and global scale. We already have a number of key operators lined up to launch Bragg games and excited to further expand our portfolio of games partners.”

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Bragg Gaming Group

Bragg Gaming Announces Resignation of Chief Financial Officer

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Bragg Gaming Group Inc., a global B2B gaming technology and content provider, announced that Chief Financial Officer (CFO), Ronen Kannor, has notified Bragg’s board of directors (Board) that he will resign from his position to pursue other career opportunities, effective June 3, 2024. The Company confirms that the search for a replacement CFO has commenced.

Matevž Mazij, Chief Executive Officer and Chair of the Board, commented: “We thank Ronen for his dedication and commitment to Bragg over the past four years and for his unwavering service as a pivotal member of the leadership team.

“During his tenure as CFO, the Company has undergone huge positive transformation including being uplisted to the Toronto Stock Exchange, dual listed on the NASDAQ and successfully completing two acquisitions, all while reporting consecutive years of revenue, gross profit and adjusted EBITDA growth. We wish Ronen all the very best in his future endeavors.”

Ronen Kannor commented: “It has been an honor to be part of the Bragg team which has successfully navigated many challenges and continued to deliver consistent growth over the past four years. I thank the Board for their support throughout my time with Bragg, and I am now fully focused on ensuring a smooth handover to my successor.

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“Special thanks goes to my finance team, who work tirelessly to deliver the positive change and financial growth that the Company continues to achieve. I wish them and all of my colleagues continued success with Bragg now and in the future.”

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Bragg Gaming Group

Bragg Gaming Group Secures B2B Licence to Provide Casino Game Aggregation in Peru

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Bragg Gaming Group is now registered as an approved service provider by the Peruvian Ministry of Foreign Trade and Tourism (MINCETUR), allowing for the distribution of online casino games, including Bragg’s proprietary and exclusive games portfolio, via the Bragg HUB aggregation platform to operators in the soon-to-be-launched Latin American iGaming market.

The award of a B2B license reinforces Bragg’s position as a leading supplier and content aggregator in the Latin American region which is known for passionate fans and customers alike.

Bragg’s constantly updated online casino aggregation product boasts over 9000 titles all delivered by the Bragg HUB content delivery platform, while the Bragg Remote Gaming Server (RGS) is licensed, certified, and approved to deliver casino games across more than 25 international regulated gaming markets.

In addition, the full-service Bragg Player Account Management (PAM) platform features a proprietary set of tools including player and payments management, automated KYC, compliance, CRM, and promotions, as well as fraud and risk management.

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All content delivered on the Bragg HUB aggregation platform comes with the company’s Fuze promotional tools as standard which offer player engagement features on games such as free rounds, free bets, tournaments, and quests. Fuze promotions work with both online casino and sports betting products delivered via the Bragg HUB.

The B2B license in Peru forms part of Bragg’s strategy to offer its services to more partners in the LatAm region, as more countries prepare to regulate both online casino and sports betting.

Bragg Gaming Group is fully compliant with Peruvian regulations and will allow local operator partners to manage their entire product suite. Bragg Gaming Group’s Peru B2B license is under its Oryx Gaming Limited subsidiary, registered by MINCETUR under license number PSV0079.

Ivica Jovanovski, Head of Aggregation at Bragg Gaming, said: “Bragg has a proven track-record of quickly adapting our cutting-edge platform technology and games to the regulatory requirements of new jurisdictions, and we are excited to be fully prepared and ready to offer our services immediately when the Peruvian online market opens.”

“Peru has great potential as a new market, and we look forward to assisting our operator partners through the process of launching competitive offerings online, including a portfolio of premium games which can be enjoyed by Peruvian players.”

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