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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. ....
8 hours ago New CEO excited to shape the future of Bragg and lead expansion into the burgeoning North American iGaming market Bragg” or the “ Company“) is pleased to announce that Bragg Board Member Richard Carter has stepped into the role of CEO of the Company, as of May 1, 2021. Board member Paul Godfrey will assume the role of Chair of the Board of Bragg Gaming, as of May 3, 2021. Board member Lara Falzon will move to the role of Audit Committee Chair as of the same date. Mr. Carter joins as Group CEO at a key point in the Company’s growth and evolution, with an aggressive global growth strategy underway, including expansion into the burgeoning North American IGaming market and an anticipated launch on the Nasdaq exchange. His significant industry knowledge and extensive global network will be integral to Bragg’s future growth trajectory. ....