Shares of Bragg Gaming Group Inc. (TSE:BRAG – Get Free Report) shot up 0.6% during mid-day trading on Thursday . The company traded as high as C$7.03 and last traded at C$7.00. 11,100 shares traded hands during mid-day trading, an increase of 52% from the average session volume of 7,315 shares. The stock had previously […]
Bragg Gaming reports surging revenue in 1Q results; adds a pair of new directors to its board
During the quarter, the company launched nine new business-to-consumer operators and saw wagering revenue generated by its customers increase by 52% to $5.1 billion from C$3.4 billion Bragg s new directors are Holly Gagnon, a longtime gaming industry CEO, and Alex Spiro, a former prosecutor and chair of a sports investment platform
Bragg Gaming Group (TSX:BRAG, OTC:BRGGD) has released its first quarter financial results, revealing revenue that jumped by 62% year-over-year to C$20.9 million as unique users rose 54% to 2.4 million.
Adjusted EBITDA more than tripled year-over-year to C$3.4 million from C$1 million in the first quarter in 2020, and the company s net loss narrowed to C$1.5 million from C$6.8 million.