Reported Earnings • May 16
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: €0.046 loss per share (improved from €0.10 loss in 1Q 2025). Revenue: €25.7m (flat on 1Q 2025). Net loss: €1.19m (loss narrowed 55% from 1Q 2025). Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to stay flat during the next 2 years compared to a 9.1% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 21% per year. Anuncio • May 15
Bragg Gaming Group Inc. Reaffirms Earnings Guidance for the Full-Year of 2026 Bragg Gaming Group Inc. reaffirmed Earnings Guidance for the Full-Year of 2026. For the year, the company continues to anticipate full year 2026 revenue between €97.0 million and €104.5 million. Anuncio • May 05
Bragg Gaming Group Inc. to Report Q1, 2026 Results on May 14, 2026 Bragg Gaming Group Inc. announced that they will report Q1, 2026 results Pre-Market on May 14, 2026 Anuncio • Apr 14
Bragg Gaming Group Inc., Annual General Meeting, Jun 18, 2026 Bragg Gaming Group Inc., Annual General Meeting, Jun 18, 2026. Location: ontario, Canada Anuncio • Mar 19
Bragg Gaming Group Inc Announces Board Changes Bragg Gaming Group Inc. announced the appointment of Thomas Winter to its Board of Directors. Mr. Winter succeeds Kent Young, who has retired from the Board. Both changes to the Bragg Board are effective immediately. Mr. Winter brings deep knowledge of and experience in the iGaming and wagering industry. Currently a Board Member of Rush Street Interactive, which through its brands, BetRivers, PlaySugarHouse and RushBet, was an early entrant in several regulated jurisdictions, Mr. Winter began his career in the gaming sector nearly two decades ago and has since established himself as a leader in the field. In 2013, he founded Golden Nugget Online Gaming (GNOG), where he served as President. Under his leadership, GNOG became a top online gaming operator in New Jersey, achieving significant market share and recognition, went public and was later successfully sold for over $1.5 billion to DraftKings, where he developed their multi-brand online casino strategy and led their online casino business until September 2023. Before founding GNOG, he was the CEO and director of Betclic, a major European online sports betting and gaming operator, and Expekt, a pioneer brand in the online gaming industry, within the Betclic Group. Mr. Winter played a key role as COO at both businesses before being appointed CEO. Anuncio • Mar 06
Bragg Gaming Group Inc. to Report Q4, 2025 Results on Mar 19, 2026 Bragg Gaming Group Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 19, 2026 Anuncio • Mar 03
Bragg Gaming Group Inc. Announces Executive Changes, Effective March 3, 2026 Bragg Gaming Group Inc. announce the appointment of Morten Tonnesen as its new Chief Operating Officer and the promotion of Garrick Morris to the position of Executive Vice President of Global Content, U.S. & Canada on March 3, 2026. These immediate management changes emphasize Bragg's strategic focus on aggressively scaling and expanding the high-margin content business globally, especially throughout the U.S. and Canada. This global content business demonstrated significant growth, increasing by 76% in Q4-2025 compared to Q4-2024 and achieving 69% growth for the full year 2025 compared to 2024. This growth is supported by the acceleration of the "Bragg AI Brain" initiative and the company's future presence in key emerging markets, such as Historical and Live Racing and Prediction markets. The organizational realignment represents the necessary final steps following the structural cost changes announcedin January 2026. As Chief Operating Officer, Mr. Tonnesen's mandate includes driving operational leverage and implementing Bragg's ambitious artificial intelligence ("AI") transformation. The goal of this transformation is to establish Bragg as an AI-First company by 2027. This transition is supported by specific 2027 objectives: ensuring AI-Enhanced Products are standard in over 90% of new launches and integrating AI into more than three-quarters of Bragg's operational workflows. Mr. Tonnesen brings over 17 years of progressive leadership experience in the iGaming, sports betting and technology sectors. He is recognized for his expertise in scaling complex businesses, driving cost efficiencies and operational excellence, and successfully executing high-impact initiatives to expand into new markets and achieve profitable growth. Before joining Bragg, Mr. Tonnesen served as Chief Growth Officer at Xtremepush, a leading provider of AI-powered CRM and loyalty marketing. Prior to his role at Xtremepush, which he joined in 2024, he was Chief Commercial Officer at Shape Games, an award-winning digital B2B platform and service provider for the iGaming industry, which was subsequently sold to Kambi. Earlier in his career, he co-founded and successfully exited the sports betting operator BetWarrior, now a major player in LatAm. He also spent six years in various roles at PokerStars. Mr. Tonnesen holds a Bachelor of Science in General Economics and a Master of Science in Strategy, Management, and Organisation from Copenhagen Business School. Mr. Morris first joined Bragg as Senior Vice President Commercial for the U.S. & Canada in 2024. In an iGaming management career spanning more than 15 years, before joining Bragg, he served as Chief Operating Officer at Digital Gaming Corporation, Operations Manager at Microgaming, and IT Platforms Manager at Derivco. Mr. Morris has a Bachelor of Economics from Stellenbosch University. Anuncio • Feb 24
Bragg Gaming Group Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ended December 31, 2025 and Full Year Ending December 31, 2026 Bragg Gaming Group Inc. provided earnings guidance for the fourth quarter and full year ended December 31, 2025 and full year ending December 31, 2026. Fourth quarter 2025 revenues to be approximately EUR 27.7 million, an increase of 1.8% from EUR 27.2 million in the fourth quarter of 2024.
Full year 2025 revenues to be approximately EUR 106.1 million, an increase of 4.0% from EUR 102.0 million in 2024.
Revenue for the year ended December 31, 2026 is expected to be in the range of EUR 97.0 million to EUR 104.5 million, despite Bragg anticipating that it will have to continue navigating increasingly complex regulatory compliance requirements and recent tax changes in the Netherlands and other regions in which the Company operates. Anuncio • Jan 09
Bragg Gaming Further Extends PAM Agreement with Entain Bragg Gaming Group Inc. announced the extension of its existing Player Account Management agreement with Entain Plc for BetCity.nl, a leading Dutch market operator. Pursuant to the latest Player Account Management agreement extension, BetCity.nl will continue to utilize Bragg’s proprietary Player Account Management platform, exclusive and aggregated online casino content, and sports betting delivery products in the Netherlands for a period of at least five months, until May 31, 2026. The latest Player Account Management extension agreement is intended to support a potential migration of the brand to Entain’s proprietary platform. Anuncio • Jan 08
Bragg Gaming Group Announces Strategic Restructuring to Reduce Cost Structure and Improve Operating Performance Bragg Gaming Group announced a strategic restructuring, including staff reductions, designed to realign the organization and thereby improve its overall cost structure, drive its EBITDA growth, and shorten the time required for it to achieve sustained net profitability. Following the restructuring, Bragg will reduce approximately 12% of its global workforce. The Company expects to incur restructuring costs related to this action of approximately EUR 1.0 million associated with personnel-related termination costs in the first quarter of 2026, and it anticipates annualized cash savings from its staff reductions and other restructuring efforts to be approximately EUR 4.5 million. Bragg noted this amount does not include the expected positive impact of its recently announced initiative to utilize artificial intelligence to drive cost efficiencies and improve operational excellence. The core of Bragg's strategic overhaul centers on an ambitious AI transformation plan, targeting an AI-First company by 2027. The plan is underpinned by clear 2027 targets, including ensuring an AI-Enhanced Product becomes standard in over 90% of all launches and having more than three-quarters of Bragg's operational workflows impacted by AI. Reported Earnings • Nov 16
Third quarter 2025 earnings: EPS misses analyst expectations Third quarter 2025 results: €0.091 loss per share (further deteriorated from €0.007 loss in 3Q 2024). Revenue: €26.8m (up 2.4% from 3Q 2024). Net loss: €2.31m (loss widened €2.14m from 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Anuncio • Nov 13
Bragg Gaming Group Inc. Re-Iterates Earnings Guidance for the Full Year 2025 Bragg Gaming Group Inc. re-iterated earnings guidance for the full year 2025. For the year The company anticipates full year 2025 revenue between €106.0 million and €108.5 million. Anuncio • Oct 30
Bragg Gaming Group Inc. to Report Q3, 2025 Results on Nov 13, 2025 Bragg Gaming Group Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 13, 2025 New Risk • Sep 05
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$417k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€3.7m net loss in 2 years). Significant insider selling over the past 3 months (US$417k sold). Market cap is less than US$100m (US$66.6m market cap). Reported Earnings • Aug 15
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: €0.10 loss per share (further deteriorated from €0.081 loss in 1Q 2024). Revenue: €25.5m (up 7.1% from 1Q 2024). Net loss: €2.64m (loss widened 39% from 1Q 2024). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 159%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Aug 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$95.7m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (€2.4m net loss next year). Market cap is less than US$100m (US$95.7m market cap). Breakeven Date Change • Aug 14
Forecast to breakeven in 2026 The 5 analysts covering Bragg Gaming Group expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 20% to 2025. The company is expected to make a profit of €300.0k in 2026. Average annual earnings growth of 112% is required to achieve expected profit on schedule. Anuncio • Aug 14
Bragg Gaming Group Inc. Revises Earnings Guidance for the Full Year 2025 Bragg Gaming Group Inc. revised earnings guidance for the full year 2025. Previously, the Company anticipated double-digit growth in revenue for the full year of 2025 which was driven by a strategic focus on expanding in regulated markets, growing proprietary and exclusive content portfolio, and continuing momentum in growth markets such as the U.S. and LatAm. The Company’s focus is on cash flow, integration and margin and as such, while the strategy remains the same, the areas of attention and focus have shifted. The full year 2025 guidance has been revised to reflect higher gaming taxes and market softness in the Netherlands and headwinds in Brazil, as well as broader market conditions impacting key regulated markets. The Company now anticipates full year 2025 revenue between EUR 106.0 million and EUR 108.5 million. Anuncio • Jul 24
Bragg Gaming Group Inc. to Report Q2, 2025 Results on Aug 14, 2025 Bragg Gaming Group Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 14, 2025 Anuncio • Jul 08
Bragg Gaming Group Appoints Luka Pataky as Executive Vice President (EVP) of AI and Innovation Bragg Gaming Group announced the appointment of Luka Pataky as Executive Vice President (EVP) of AI and Innovation. In his new role, Pataky will work closely with Bragg’s technology teams to develop a 360° AI strategy, integrating AI into product development and design, user experience, external communications, safer gambling initiatives and internal processes to drive growth and efficiency. This strategic leadership addition comes as part of Bragg’s commitment to the leveraging of data, advanced analytics and powerful AI to enhance user experience, player engagement, maximize revenue potential, and drive smarter, more efficient iGaming operations. Luka Pataky boasts a strong pedigree in AI and technology, with over a decade of experience at Sportradar, a company at the forefront of sports data and content. His tenure at Sportradar culminated in his role as Senior Vice President for Automated Content, where he spearheaded an initiative from its inception to a production-ready, scalable system that ended up powering over 300,000 sports events per year with a team of over 70. In this leadership position, he was instrumental in revolutionizing sports content creation through AI, Computer Vision, and Deep Learning, successfully bringing real-time data collection solutions to production, being the driving force behind integrating acquired tech businesses, thereby turning advanced technology into significant business value through the optimization of operating costs and business efficiencies. Prior to his SVP role, Pataky played a key role in establishing Sportradar's innovation unit, a hub for pioneering new ideas, implementing processes that enabled faster experimentation and fostering a culture of rapid prototyping and testing. As part of this, he also led the team responsible for scaling Sportradar's startup program and forging strategic innovation partnerships with universities and innovation labs. In his multiple innovation-based roles, he demonstrated a consistent focus on leveraging AI and data analysis to identify and develop new product opportunities and strategic initiatives. His extensive experience across these leadership roles highlights his proven ability to lead large, cross-functional teams, manage complex technological advancements, and strategically integrate new ventures, underscoring his expertise in driving growth and innovation within the technology sector. Known globally for its iGaming content and technology solutions, Bragg has consistently championed the integration of artificial intelligence technology across its business model, as typified by the introduction of an AI-powered Games Recommendation System into its Fuze marketing and promotional toolset. Anuncio • Jul 02
Bragg Gaming Group Inc. Expands U.S. Content Footprint with Fanatics Casino Tri-State Launch Bragg Gaming Group Inc. announced the launch of its newest games and Remote Gaming Server (RGS) technology with Fanatics Casino across New Jersey, Michigan and Pennsylvania. Fanatics Casino is America's fastest growing online casino and is available in Michigan, New Jersey, Pennsylvania and West Virginia on iOS, Android and desktop. Players are invited to dive into a world of thrills as Fanatics Casino brings the casino floor directly to a customer's fingertips, whether on-the-go or in front of a computer. Players can explore a wide array of classic and modern casino games, including slots, blackjack, roulette, progressive jackpots and video poker. This expansion is the latest step in Bragg's drive to deliver engaging and game-changing content to players across the North American market. The launch supports Bragg Gaming's strategic goals by accelerating the growth of utilization of Bragg's exclusive and proprietary content, and the diversification of revenue through expansion into North American markets. Recent Insider Transactions • Jun 20
CEO & Director recently sold US$248k worth of stock On the 13th of June, Matevz Mazij sold around 60k shares on-market at roughly US$4.14 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Matevz has been a net seller over the last 12 months, reducing personal holdings by US$662k. Anuncio • Jun 05
Bragg Appoints Scott Milford as Executive Vice President, Group Content Bragg announced the appointment of Scott Milford as Executive Vice President, Group Content. Scott Milford brings more than 25 years of experience driving game innovation and studio success at major gaming brands including Aristocrat Leisure Limited, Konami Group, and Aruze Gaming. In his new role, he will lead strategy, development, and delivery across Bragg’s acclaimed in-house studios—Wild Streak Gaming, Atomic Slot Lab, and Indigo Magic—and guide relationships with top-tier partner developers through the Powered by Bragg program. Scott Milford served as President and Managing Director of Aristocrat’s social casino division Product Madness, and most recently was Chief Product Officer for Aristocrat-owned free-to-play games operator Pixel United. Prior to Aristocrat, Milford also held senior roles with Aruze Gaming Australia and Konami Gaming Australia. Scott Milford will be based at Bragg’s Las Vegas Office. Recent Insider Transactions • May 28
CEO & Director recently sold US$245k worth of stock On the 23rd of May, Matevz Mazij sold around 60k shares on-market at roughly US$4.08 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Matevz's only on-market trade for the last 12 months. Anuncio • May 27
Bragg Gaming Group Inc. Announces Launch of the Latest Gamification-Led Innovation to Its Fuze Marketing and Promotional Toolset, Big Ticket Bonanza Bragg Gaming Group announced the launch of the latest gamification-led innovation to its award-winning Fuze™? marketing and promotional toolset, Big Ticket Bonanza, a new way to engage with players through multiple targeted and bespoke campaigns. Big Ticket Bonanza rewards players with guaranteed-win scratchcards, triggered randomly during normal gameplay (for example while playing a slot game). The scratchcards award instant cash prizes or raffle tickets, which are collected and entered into weekly or monthly prize draws. Players collect tickets by wagering on participating casino games. The more they engage with the game, the more tickets they earn--boosting engagement without disrupting the core gaming experience. The tool supports both weekly and monthly draws, giving operators flexibility in structuring prize pools and maintaining consistent momentum. Ticket counters update dynamically within the game interface or external campaign widgets, reinforcing progress and encouraging continued participation. Offering a totally branded experience, campaigns are fully customizable to reflect the operator's branding, including logos, color schemes, and thematic design elements. At all points Big Ticket Bonanza offers fair and transparent draws, backed by secure RNG-based draw mechanisms that ensure compliance and fairness, with exportable logs for auditing. Players can access their ticket counts, prize history, via an in-play dedicated display. The Big Ticket Bonanza gamified player engagement campaign aims to boost player engagement and session time, while increasing wagering volume. It also provides a scalable promotion for both short bursts and longer-term brand events. Bragg is targeting an aggressive roll-out strategy for Big Ticket Bonanza across its operational markets in Europe, the U.S. and the LatAm region, opening up new opportunities for growth globally. Launched with valued partner Senator Group in Croatia, which operates on the Bragg player account management ("PAM") platform, Big Ticket Bonanza is now available to all of Bragg's casino content, aggregation and PAM partners and presents a huge opportunity to engage with players. Big Ticket Bonanza joins an ever expanding and constantly updated list of player engagement tools accessible through the Fuze™? player engagement toolset. Unlike static promotions, Fuze™? engagement mechanics adapted dynamically to player behaviour, ensuring continuous participation. Other tools available within Fuze™? include tournaments with real-time leaderboards, quests, flash jackpots, sophisticated bonusing, free rounds and a games recommendation system powered by cutting-edge AI technology. New Risk • May 15
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: €5.9m Forecast net loss in 1 year: €984k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Reported Earnings • May 15
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: €0.10 loss per share (further deteriorated from €0.081 loss in 1Q 2024). Revenue: €25.5m (up 7.1% from 1Q 2024). Net loss: €2.64m (loss widened 39% from 1Q 2024). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 159%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Anuncio • May 01
Bragg Gaming Group Inc. to Report Q1, 2025 Results on May 15, 2025 Bragg Gaming Group Inc. announced that they will report Q1, 2025 results Pre-Market on May 15, 2025 Anuncio • Apr 15
Bragg Gaming Group Inc., Annual General Meeting, Jun 17, 2025 Bragg Gaming Group Inc., Annual General Meeting, Jun 17, 2025. Location: ontario, toronto United States New Risk • Apr 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$99.6m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Mar 20
Now 21% undervalued Over the last 90 days, the stock has risen 27% to US$4.41. The fair value is estimated to be US$5.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 16% in a year. Earnings are forecast to grow by 92% in the next year. Anuncio • Mar 20
Bragg Gaming Group Inc. Reiterates Earnings Guidance for the Year Ended December 31, 2025 Bragg Gaming Group Inc. reiterated earnings guidance for the year ended December 31, 2025. Revenue for the year ended December 31, 2025, is expected to reach between EUR 117.5 million and EUR 123.0 million, representing double digit growth compared to 2024. 2025e guidance (midpoint) projects revenue increasing by 17.9% to EUR 120.25 million. Anuncio • Mar 08
Bragg Gaming Group Inc. to Report Q4, 2024 Results on Mar 20, 2025 Bragg Gaming Group Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 20, 2025 New Risk • Jan 29
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: €5.3m Forecast net loss in 1 year: €1.1m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (€1.1m net loss next year). Share price has been volatile over the past 3 months (13% average weekly change). Anuncio • Jan 29
Bragg Gaming Group Inc. Provides Earnings Guidance for the Full Year 2024 and Year Ended December 31, 2025 Bragg Gaming Group Inc. provided earnings guidance for the full year 2024 and year ended December 31, 2025. For the year 2024, the company expects the financial results to include the following highlights: Revenue not less than EUR 102 million, an increase of 9% from EUR 93.5 million for 2023.
For the year 2025. Revenue Guidance: Revenue is expected to reach between EUR 117.5 million and EUR 123.0 million, representing double digit growth compared to the Company’s anticipated 2024 revenue. New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (US$81.8m market cap). Recent Insider Transactions • Dec 10
Independent Director recently bought US$70k worth of stock On the 6th of December, Don Robertson bought around 22k shares on-market at roughly US$3.21 per share. This transaction amounted to 87% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$125k more in shares than they have sold in the last 12 months. Reported Earnings • Nov 17
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: €0.007 loss per share (improved from €0.13 loss in 3Q 2023). Revenue: €26.2m (up 16% from 3Q 2023). Net loss: €165.0k (loss narrowed 94% from 3Q 2023). Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. New Risk • Nov 15
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$75.7m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (US$75.7m market cap). Anuncio • Nov 15
Bragg Gaming Group Inc. Reiterates Earnings Guidance for the Full Year 2024 Bragg Gaming Group Inc. reiterated earnings guidance for the full year 2024. For the year, the company reiterates its 2024 full year revenue guidance range of EUR 102.0 million to EUR 109.0 million (USD 114.2-122.1 million). Anuncio • Oct 31
Bragg Gaming Group Inc. to Report Q3, 2024 Results on Nov 14, 2024 Bragg Gaming Group Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 14, 2024 Reported Earnings • Aug 09
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: €0.10 loss per share (down from €0.017 profit in 2Q 2023). Revenue: €24.9m (flat on 2Q 2023). Net loss: €2.40m (down €2.78m from profit in 2Q 2023). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 150%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Anuncio • Jul 25
Bragg Gaming Group Inc. to Report Q2, 2024 Results on Aug 08, 2024 Bragg Gaming Group Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024 Anuncio • Jun 26
Bragg Gaming Group Continues U.S. Expansion with BetMGM Pennsylvania Content Launch Bragg Gaming Group announced the launch of its newest games and Remote Game Server (RGS) technology with BetMGM in Pennsylvania. This marks the third state in which Bragg content is live with BetMGM, following earlier launches including in Michigan in 2022 and New Jersey in 2023 respectively. BetMGM players in Pennsylvania can now enjoy popular titles such as ‘Egyptian Magic’ and ‘Fairy Dust’ from Bragg’s Atomic Slot Lab proprietary content studio with further titles set to follow. Players will soon gain access to content from Bragg’s Las Vegas-based proprietary content studio Wild Streak Gaming, as well as titles from multiple exclusive content partners under the Powered By Bragg program including King Show Games and Sega Sammy Creation. This expansion underscores Bragg's commitment to delivering innovative and engaging content to players across North America. All online casino games delivered on Bragg’s new RGS technology come with the Company’s Fuze promotional tools, which offer player engagement features on games such as free rounds, tournaments and quests. Buy Or Sell Opportunity • Jun 07
Now 21% undervalued Over the last 90 days, the stock has risen 13% to US$5.83. The fair value is estimated to be US$7.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 65%. Revenue is forecast to grow by 13% in a year. Earnings are forecast to grow by 47% in the next year. Anuncio • Jun 05
Bragg Gaming Group Inc. Appoints Robbie Bressler as Interim Chief Financial Officer, Effective July 1, 2024 Bragg Gaming Group announced the appointment of Robbie Bressler as interim Chief Financial Officer, effective July 1, 2024. Bressler brings a wealth of experience to the role, previously holding senior finance positions, including SVP Finance, at Bally's Corporation, Gamesys Group plc, and The Intertain Group Ltd. He is currently serving as CFO of ForumPay Ltd., a crypto payment processing company. He began his career at Ernst & Young, where he spent over a decade in their financial services assurance group. Anuncio • May 10
Bragg Gaming Group Inc. Reiterates Revenue Guidance for the Full Year 2024 Bragg Gaming Group Inc. reiterated revenue guidance for the full year 2024. For the year, the company reiterated its 2024 full year revenue guidance range of EUR 102.0-109.0 million (USD 109.7-117.2 million). Reported Earnings • May 10
First quarter 2024 earnings released: €0.081 loss per share (vs €0.022 loss in 1Q 2023) First quarter 2024 results: €0.081 loss per share (further deteriorated from €0.022 loss in 1Q 2023). Revenue: €23.8m (up 4.2% from 1Q 2023). Net loss: €1.90m (loss widened 300% from 1Q 2023). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Anuncio • May 01
Bragg Gaming Appoints Neill Whyte as Chief Commercial Officer, Effective 1St May 2024 Bragg Gaming Group announced that Neill Whyte has been appointed as Chief Commercial Officer (CCO), effective 1st May 2024, establishing a new global commercial structure at the Company and bolstering its leadership team. Whyte brings over 18 years of experience in the iGaming sector, most recently in the role of Chief Commercial Officer at Digital Gaming Corporation’s (DGC), B2B iGaming Division. After joining DGC in early 2020, he was responsible for the commercially successful launch and growth of its content distribution business in the United States. Prior to joining DGC, Whyte held multiple positions in the gaming industry including as Head of Business Development at Isle of Man-based iGaming specialist Apricot Investments, as Board Member at Swedish iGaming product and Lottery content distributor Genera Networks, and in various senior roles over eleven years at leading iGaming content supplier Microgaming, including as Head of Product Channels. In his new role with Bragg, Whyte will be tasked with leading the Company’s global commercial teams to drive growth across all of the Company’s product verticals which include proprietary online casino content from its Atomic Slot Lab, Indigo Magic and Wild Streak Gaming studios, exclusive content from content partners, HUB a leading casino content aggregation platform, Fuze™ player engagement, as well as its award-winning player account management (‘PAM) platform and turnkey solutions. Anuncio • Apr 28
Bragg Gaming Group Inc. to Report Q1, 2024 Results on May 09, 2024 Bragg Gaming Group Inc. announced that they will report Q1, 2024 results Pre-Market on May 09, 2024 Reported Earnings • Mar 26
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: €0.17 loss per share (further deteriorated from €0.16 loss in FY 2022). Revenue: €93.5m (up 10% from FY 2022). Net loss: €3.84m (loss widened 10% from FY 2022). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Anuncio • Mar 08
Bragg Gaming Group Inc. to Report Q4, 2023 Results on Mar 26, 2024 Bragg Gaming Group Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 26, 2024 New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Buy Or Sell Opportunity • Jan 26
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to US$5.27. The fair value is estimated to be US$4.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 88%. New Risk • Nov 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (7.7% increase in shares outstanding). Anuncio • Nov 11
Bragg Gaming Group Inc. Announces Resignation of Lara Falzon as President and Chief Operating Officer Bragg Gaming Group Inc. 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. Reported Earnings • Nov 10
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: €0.13 loss per share (further deteriorated from €0.091 loss in 3Q 2022). Revenue: €22.6m (up 8.0% from 3Q 2022). Net loss: €2.95m (loss widened 48% from 3Q 2022). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Anuncio • Nov 10
Bragg Gaming Group Inc. Reiterates Earnings Guidance for the Full Year 2023 Bragg Gaming Group Inc. reiterated earnings guidance for the full year 2023. For the year, the company reiterated its 2023 full year revenue guidance range of €95 million to €97 million ($100.7 million to $102.8 million). Buying Opportunity • Nov 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be US$6.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 82%. Anuncio • Nov 03
Bragg Gaming Group Launches New Content Portfolio with BetMGM in New Jersey Bragg Gaming Group 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 with further titles from the Company’s proprietary games studios and partner studios under its ‘Powered by Bragg’ program expected to roll out in the coming weeks. The content rollout is powered by the launch of Bragg’s new RGS technology with BetMGM. Through the launch of Bragg’s new content with BetMGM in New Jersey, the Company has extended an existing collaboration with a leading operator in North America. Bragg also provides iGaming content for BetMGM players in Michigan and Pennsylvania. According to H2 Gambling Capital, the interactive casino market in New Jersey is on track to generate USD 1.8 billion in Gross Win in 2023. Anuncio • Oct 28
Bragg Gaming Group Inc. to Report Q3, 2023 Results on Nov 09, 2023 Bragg Gaming Group Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 09, 2023 Buying Opportunity • Oct 02
Now 20% undervalued Over the last 90 days, the stock is up 54%. The fair value is estimated to be US$5.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 82%. Anuncio • Aug 29
Bragg Gaming Group Announces CEO Changes Bragg Gaming Group Inc. 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 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, takes over as CEO for Yaniv Sherman, who stepped down. The change was made following a thorough evaluation by the Board and to ensure the optimal alignment of the best interests of the company and its stakeholders. Breakeven Date Change • Aug 28
Forecast breakeven date pushed back to 2024 The 7 analysts covering Bragg Gaming Group previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 82% to 2023. The company is expected to make a profit of €3.93m in 2024. Average annual earnings growth of 80% is required to achieve expected profit on schedule. Board Change • Aug 28
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. Chair of the Board Matevz Mazij is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Anuncio • Aug 18
Bragg Gaming Group Extends Content Rollout in Ontario Following Launch with Bet365 Bragg Gaming Group announced that it has launched its new content and Remote Game Server technology with bet365 in Ontario. The launch expands the reach of the Company's newBragg 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 Plenty from Indigo Magic - as well as new, exclusive premium titles from the Company's Powered by Bragg portfolio - including Devices Lock from Blueberi - is now available for bet365 customers in Ontario. All of Bragg's proprietary and exclusive content is delivered to bet365 players via its RGS technology. Anuncio • Aug 11
Bragg Gaming Group Inc. Provides Earnings Guidance for the Full Year of 2023 Bragg Gaming Group Inc. provided earnings guidance for the full year of 2023. For the year, the company expects revenue to be in the range of €95 million to €97 million or USD 104.5 million to USD 106.7 million. Anuncio • Jul 25
Bragg Gaming Group Inc. to Report Q2, 2023 Results on Aug 10, 2023 Bragg Gaming Group Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 10, 2023 Anuncio • Jun 24
Bragg Gaming Group Inc. Announces Board Appointments Bragg Gaming Group Inc. at its annual and special meeting of shareholders held on June 22, 2023, elected Kent Young, Don Robertson and Ron Baryoseph as directors of the Company. Anuncio • May 31
Bragg Gaming Extends New Content Rollout Following Launch with Wynnbet in New Jersey Bragg Gaming Group announced that it has launched its new content and Remote Game Server technology with WynnBET Casino and Sportsbook in New Jersey. The launch expands the reach of the Company's newBragg Studios proprietary content in the U.S. and further demonstrates the continued progress of the Company's North American expansion initiative. Proprietary content from Bragg Studios - including Fairy Dust from Atomic Slot Lab - as well as new exclusive premium content from the Company's Powered by Bragg portfolio is now available for WynnBET's customers in New Jersey at <URL> Bragg's proprietary and exclusive content is delivered to WynnBET players via its new RGS technology. The roll-out of Bragg's new content with WynnBET in New Jersey extends an existing collaboration between the two online gaming companies in North America as Bragg also provides iGaming content to WynnBET's players in New Jersey and Michigan through its Spin Games RGS. Anuncio • May 11
Bragg Gaming Group Inc. Provides Earnings Guidance for the Year 2023 Bragg Gaming Group Inc. provided earnings guidance for the year 2023. The company expects revenue to rise approximately 10% to 15% to €93 million to €97 million. Anuncio • May 10
Bragg Gaming Group Inc. Gaming Extends New Content Rollout to Pennsylvania Via Launch at Rush Street Interactive's BetRivers Bragg Gaming Group Inc. announced that it has launched its new content and technology with Rush Street Interactive Inc. in Pennsylvania. This launch, which builds on the Company's Spin Games content that is already live in the state, introduces the Company's new, proprietary Bragg Studios content to a large and growing U.S. jurisdiction. This demonstrates continued progress with the Company's North American expansion as RSI is one of the leading iGaming operators in the U.S., Canada and Latin America. New, proprietary Bragg Studios content such as Fairy Dust by Atomic Slot Lab, as well as new exclusive premium content from the Company's Powered by Bragg program, is now available to RSI's Pennsylvania customers at both BetRivers.com and PlaySugarHouse.com. Bragg's content will be delivered to RSI players via its new Remote Game Server technology. The roll-out of the Company's new proprietary Bragg Studios content with RSI in Pennsylvania is an extension of an existing collaboration between the two online gaming companies in North America. Bragg previously launched its new RGS technology and content with the operator in New Jersey, Ontario and Michigan in 2022. According to H2 Gambling Capital, the interactive casino market in Pennsylvania is on track to generate USD 1.97 billion in Gross Win in 2023, making it the largest regulated iCasino market in the U.S. by this measure. Anuncio • Aug 28
Bragg Gaming Group Ordinary Shares Deleted from Other OTC Bragg Gaming Group Inc. Ordinary Shares has been deleted from Other OTC effective from August 27, 2021, due to Market Center Change Listed on NASDAQ. Anuncio • Jul 15
Bragg Gaming Group Inc. Provides Revenue Guidance for the Second Quarter and First Half Ended June 30, 2021 and Reiterates Revenue Guidance Full Year 2021 Bragg Gaming Group Inc. provided revenue guidance for the second quarter and first half ended June 30, 2021 and reiterates revenue guidance for full year 2021. For the quarter, the company expects total revenues of approximately EUR 15.0 million (USD 17.71 million) pre-acquisition, representing a year-over-year increase of 23.5% compared to the 2020 second quarter period, and a 5.7% quarterly sequential increase.
For the first half, total revenues are expected to be approximately EUR 29.2 million (USD 34.5 million).
The company's revenue guidance for 2021 remains unchanged at EUR 47 million (USD 55.5 million). Anuncio • Jun 04
Bragg Gaming Group Inc. (TSX:BRAG) acquired all of the outstanding membership interests of Wild Streak Gaming for $30 million. Bragg Gaming Group Inc. (TSX:BRAG) acquired all of the outstanding membership interests of Wild Streak Gaming for $30 million on June 2, 2021. Bragg signed a purchase agreement to acquire all of the outstanding membership interests of Wild Streak in a cash and stock transaction for a purchase price of approximately $30 million. Pursuant to the Transaction, which closed simultaneously with the signing of the purchase agreement, the sellers of Wild Streak received $10 million in cash at closing and will receive $20 million worth of common shares of Bragg over the next three years, subject to acceleration in the event of a change of control. Doug Fallon, the Founder and Chief Executive Officer of Wild Streak will join Bragg as Managing Director of Group Content. Wild Streak reported $1.05 million in revenue and $233,000 of EBITDA in financial year 2020.
Bragg Gaming Group Inc. (TSX:BRAG) completed the acquisition of Wild Streak Gaming on June 2, 2021. Anuncio • May 14
Bragg Gaming Group Inc. Provides Earnings Guidance for the Year 2021 Bragg Gaming Group Inc. provided earnings guidance for the year 2021. For the year, the company's revenue guidance for 2021 remains unchanged at €47 million (CAD 69 Million). Anuncio • Mar 11
Bragg Gaming Group Announces Wholly-Owned Subsidiary Oryx Gaming Signs Licensing Agreement with Premier Gaming to Provide Both Its Library of Games and its World-Class Player Engagement Platform Bragg Gaming Group announce that wholly-owned subsidiary ORYX Gaming has signed a licensing agreement with Premier Gaming to provide both its library of games and its world-class player engagement platform. Premier Gaming operates multiple online gambling brands, including Pronto Casino, Slothino, Premier Live Casino and Pronto Live Casino. Active in jurisdictions globally, including Sweden, Finland and Germany, Premier addresses a multi-billion market. Premier provides players with a first-class online gaming experience through its secure, user friendly, trustworthy sites. The revenue sharing agreement will allow both companies to generate potentially new high-margin revenue with Bragg’s suite of industry leading games and platform. Under the licensing agreement, Premier Gaming has access to an extensive library of games from ORYX’s exclusive RGS providers, including GAMOMAT, Kalamba Games, Givme Games, Golden Hero, CandleBets, Peter & Sons and Arcadem. Premier will also employ ORYX’s player engagement platform, featuring tools that have been proven to increase engagement and prolong player sessions, including real-time leaderboards, tournaments, achievements and jackpots. The combination of unique and local content and ORYX engagement tools have proven to significantly increase player retention and player values. Content from premium third-party suppliers, including Greentube, Pragmatic Play and iSoftBet, will also be added to Premier Gaming’s online casinos via Bragg’s ORYX Hub. ORYX is licensed by the Malta Gaming Authority (MGA) and the Romanian National Gambling Office (ONJN). Its content is certified or approved in 18 other major jurisdictions. Underpinning its commitment to information security, ORYX was recently awarded an ISO/IEC 27001 certificate. ORYX has now secured licensing deals in the Dutch, Spanish, Swiss and German markets. Anuncio • Feb 27
Bragg Gaming Group Inc., Annual General Meeting, Apr 28, 2021 Bragg Gaming Group Inc., Annual General Meeting, Apr 28, 2021. Anuncio • Feb 18
Bragg Gaming Group Inc. Appoints Lara Falzon as CFO, Effective March 1, 2021 Bragg Gaming Group Inc. announced that gaming industry veteran Lara Falzon has been elected to the Board of Bragg Gaming, effective March 1, 2021. Ms. Falzon brings significant financial expertise in the gaming sector to Bragg, as well as experience in listing on the NASDAQ, a 2021 goal for Bragg. As CFO of casino software provider Red Tiger Gaming, Ms. Falzon navigated the 2019 sale of Red Tiger to NetEnt AB for over $315 million. Anuncio • Feb 05
ORYX Gaming Becomes the Exclusive Content Aggregation Partner to Merkurxtip Bragg Gaming Group announced that it has expanded its footprint in Serbia. Bragg’s wholly owned subsidiary ORYX Gaming has become the exclusive content aggregation partner to MerkurXtip. Through the partnership, MerkurXtip has significantly enhanced its online casino offering and following a successful integration, the Gauselmann-owned operator now has access to ORYX Hub, which includes more than 10,000 games from more than 100 renowned suppliers, as well as content from ORYX’s exclusive RGS partners GAMOMAT, Kalamba Games, Givme Games, Golden Hero, CandleBets, Peter & Sons and Arcadem. MerkurXtip is utilizing ORYX Hub to launch games from all of ORYX’s RGS partners and a variety of third-party content from suppliers, including Evolution, Pragmatic Play, Greentube, Blueprint and Microgaming. The operator will also use ORYX’s Data Platform to analyze product performance, perform targeted marketing campaigns and offer player engagement tools, such as free rounds, leaderboards, tournaments and achievements, which have proven to significantly increase player retention and player values. Anuncio • Jan 28
Bragg Gaming Group Inc.(TSXV:BRAG) dropped from S&P/TSX Venture Composite Index Bragg Gaming Group Inc.(TSXV:BRAG) dropped from S&P/TSX Venture Composite Index Anuncio • Jan 13
Bragg Gaming Group Inc. Appoints Paul Godfrey to Board Bragg Gaming Group announced that former Chair of Ontario Lottery and Gaming Corp. Paul Godfrey has been appointed to the Board of Directors of Bragg, effective Jan. 12, 2021. Mr. Godfrey's experience in the Canadian gaming industry will also prove valuable as the Canadian government moves forward with their recently announced proposed federal legalization of single-event sports betting. Mr. Godfrey will guide Bragg's strategy in this evolving market. Mr. Godfrey is a renowned business leader and Canadian politician. He was the Founder of Postmedia in 2010 and held the role of President and CEO of Postmedia Network. He continues to act as Chair of Postmedia. Mr. Godfrey holds the role of Chairman of the Board of Trustees of RioCan Real Estate Investment Trust, and is on the Board of Directors of Cargojet. 
