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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 millio...

Bragg Gaming Group's (Bragg) revenue rose 61.6% in Q1, while net loss decreased in a positive first quarter for the company,

May 13, 2021, 1:03 pm · Gambling technology firm Bragg Gaming Group is set to acquire Reno, Nevada-based technology and iGaming content provider Spin Games in a deal that will strengthen the former’s US footprint and help it grow in that lucrative space. Under the terms of a tie-up agreement between the two companies, Bragg would purchase Spin Games in a cash and stock transaction for a total purchase price of $30 million. The deal will see the sellers of Spin Games receive $10 million in cash and $20 million in common Bragg shares, of which $5 million wo...

Bragg Gaming Group (TSX:BRAG, OTC:BRGGD), a global B2B gaming technology and content provider, is to acquire Spin Games LLC, a Reno, Nevada-based B2B gaming technology and content provider currently servicing the US market. Throught the merger, Bragg has agreed to acquire Spin for approximately USD30m. Under the deal, the sellers of Spin will receive USD10m in cash and USD20m in common shares of Bragg of which USD5m in common shares will be issued on closing and the balance over the next three years. The transaction, which will close following final approval from state gaming regulators ...

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