New CEO excited to shape the future of Bragg
and lead expansion into the burgeoning North American iGaming
market
Global B2B gaming technology provider Bragg Gaming Group
(TSX:BRAG, OTC: BRGGF) ("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.
Prior to joining the Bragg Board of Directors in the fall of
2020, Mr. Carter was CEO of sports betting solutions and services
provider SBTech for five years, until the company’s merger with
digital sports entertainment and gaming company DraftKings, through
a three-way deal with Diamond Eagle Acquisition Corp in April
2020.
“I’m excited to be leading Bragg in its next phase of growth and
helping to shape the future of the company, as we continue to
provide next generation premium content and tools to our B2B
partners,” said Mr. Carter. “Bragg has the cutting-edge technology,
the data driven insights, the player engagement tools and the
premium content that ideally positions the Company to capture an
increasing proportion of global iGaming market. I’m eager to
leverage these strengths to expand Bragg in both our core European
markets and in the rapidly growing North American iGaming
market.”
Board member and co-founder of Bragg Adam Arviv has made the
decision to step down from the Board. As a strategic investor in
the Company, Mr. Arviv will continue on in his capacity as
strategic advisor to Bragg.
Board member Jim Ryan made the decision not to stand for
re-election to the Board to pursue his own ventures. The Board
wishes Mr. Ryan the best of luck and is grateful for all he has
done for the Company in this critical stage of growth.
About Bragg Gaming Group Bragg Gaming Group (TSX:BRAG,
OTC: BRGGF) is a global B2B gaming technology platform provider.
Since its inception in 2012, Bragg has grown to include operations
across Europe and North America and 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.
Through ORYX, Bragg is licensed by the Malta Gaming Authority
(MGA) and the Romanian National Gambling Office (ONJN) and its
content is certified or approved in 18 other major jurisdictions.
Underpinning its commitment to information security, Bragg’s ORYX
Gaming was recently awarded an ISO/IEC 27001 certificate.
The Company previously announced the implementation of a
consolidation (reverse stock split) of its Common Shares on the
basis of one post-consolidation common share for every ten
pre-consolidation Common Shares. The Common Shares are expected to
commence trading on a consolidated basis under trading symbols
TSX:BRAG and OTC:BRGGD on May 5, 2021. OTC Markets will change the
symbol from BRGGF to BRGGD for the duration of 20 business days
from the split.
Cautionary Statement Regarding Forward-Looking
Information
This news release may contain forward-looking statements or
"forward-looking information" within the meaning of applicable
Canadian securities laws ("forward-looking statements"). Often, but
not always, forward-looking statements can be identified by the use
of words such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes",
or describes a "goal", or variation of such words and phrases or
state that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved.
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 Bragg; the
countercyclical growth of the business of Bragg; the regulatory
regime governing the business of Bragg; the operations of the
Company; the products and services of the Company; Bragg's
customers; acquisition opportunities; the growth of Bragg'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 favorable terms; realization of growth estimates, income
tax and regulatory matters; the ability of Bragg 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.
The Company disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events, or otherwise, except in accordance with
applicable securities laws.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210503005318/en/
For Bragg Gaming Group Yaniv Spielberg, CSO, Bragg Gaming
Group info@bragg.games
For media enquiries or interviews Keera Hart, Kaiser
& Partners Communications keera.hart@kaiserpartners.com
905.580.1257
For investor enquiries David Gentry dgentry@bragg.games
1-800-733-2447 407-491-4498
Bragg Gaming (TSX:BRAG)
過去 株価チャート
から 12 2024 まで 1 2025
Bragg Gaming (TSX:BRAG)
過去 株価チャート
から 1 2024 まで 1 2025
