BRAG Bragg Gaming Group Inc

Global B2B gaming technology platform provider Bragg Gaming Group (TSX:BRAG, OTC: BRGGF) ("Bragg" or the "Company") is pleased to announce that the Company has strengthened its foothold in Spain, launching its award-winning portfolio of ORYX Gaming content with Casumo.

Casumo is the second operator in Spain to launch ORYX’s unique and exclusive RGS content to its customers. The content will include titles already extremely popular within Spain’s land-based sector, such as GAMOMAT’s Red Hot Firepot, La Dolce Vita, and Books & Bulls. Casumo was granted an online licence in Spain in July of 2020.

Since its inception in 2012, Casumo has grown into one of the most distinctive, innovative online casino brands and Sportsbook operators in Europe. Casumo created the world’s first casino adventure by combining the worlds of social and real money gaming, where players collect both wins and points for every round they play. Casumo has more than 300 employees located in Malta, Gibraltar, London, Copenhagen and Spain, and is available to players in many global jurisdictions, including the UK, Sweden, Finland, Norway, Germany, Spain and Canada. Casumo holds licenses in Malta and the UK.

Spain is the latest in a number of major jurisdictions where ORYX has been certified and has launched. The Spanish online gaming market has seen strong growth since it opened in 2011, and the online casino sector now represents nearly 40 per cent of market gross gaming revenue.

“Expansion into new markets is a significant pillar in our strategic plan, so we are thrilled to strengthen our Spanish presence with Casumo,” said Matevz Mazij, Managing Director of ORYX Gaming. “Casumo is the perfect partner for us as they have quickly established themself as a fun and entertaining casino brand, and we look forward to working together to further enhance their offering. This partnership will also open the door to further partnerships in Spain, as we see great potential in this market going forward.”

About Bragg Gaming GroupBragg Gaming Group (TSX:BRAG, OTC: BRGGF) is a global B2B gaming technology platform provider. With operations across Europe and North America, Bragg is expanding into an international force within the burgeoning global online gaming market. Bragg’s main brand is ORYX Gaming, an innovative business-to-business iGaming platform, casino content aggregator, managed sportsbook and managed services provider, offering cutting-edge content from leading studios.

For Bragg Gaming Group, contact:Yaniv Spielberg, CSO, Bragg Gaming Groupinfo@bragg.games

For media enquiries or interviews, please contact:Keera Hart, Kaiser & Partners Communicationskeera.hart@kaiserpartners.com905.580.1257

For investor enquiries, please contact:David Gentry dgentry@bragg.games1-800-733-2447407-491-4498

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All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements. The key assumptions that have been made in connection with the forward-looking statements include the following: the impact of COVID-19 on the business of the Company; the countercyclical growth of the business of the Company; the regulatory regime governing the business of the Company; the operations of the Company; the products and services of the Company; the Company's customers; acquisition opportunities; the growth of the Company's business, which may not be achieved or realized within the time frames stated or at all; and the anticipated size and/or revenue associated with the gaming market globally.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the following: risks associated with general economic conditions; adverse industry events; future legislative and regulatory developments; the inability to access sufficient capital from internal and external sources; the inability to access sufficient capital on favourable terms; realization of growth estimates, income tax and regulatory matters; the ability of the Company to implement its business strategies; competition; economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices; the estimated size of the gaming market globally; changes in customer demand; disruptions to our technology network including computer systems and software; natural events such as severe weather, fires, floods and earthquakes; and risks related to health pandemics and the outbreak of communicable diseases, such as the current outbreak of COVID-19.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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