Extends global presence and strengthens
foothold in Latin American markets through content deal with
Logrand’s Strendus Casino brand
Global B2B gaming technology provider Bragg
Gaming Group (TSX:BRAG, OTC: BRGGF) ("Bragg" or the
"Company") is pleased to announce that wholly-owned
subsidiary ORYX Gaming has signed an agreement with Logrand
Entertainment Group, in which ORYX content will be made available
to players through Logrand’s online brand Strendus Casino in
Mexico. The agreement is key to Bragg’s strategy of extending its
presence globally, including the emerging Latin American
market.
Founded in 2005, Logrand operates 10 land-based casinos in
Mexico. Its online brand Strendus Casino was introduced in 2018 and
has since grown to become a leading player with over 150,000 active
customers. Strendus offers clients a wide range of products
including more than 700 casino games, sportsbook, lottery products,
table games and e-sports betting. The deal with ORYX will see the
operator significantly expand its casino and lottery
offerings.
“Further strengthening our foothold in Mexico is key for us as
we continue to expand our position as a global supplier,” said
Matevž Mazij, Managing Director of ORYX Gaming. “Strendus Casino is
a reputable and well-known brand in the Mexican market and we’re
thrilled to extend their offering with engaging and entertaining
content from our sought-after RGS studios.”
“We pride ourselves in offering a comprehensive product to our
customers,” said Eduardo Pelaez, Online Products Manager at Logrand
Entertainment Group. “Our casino tab and lottery offering will
become a lot more attractive with the addition of ORYX’s dynamic
content.”
Strendus players will gain access to ORYX’s exclusive RGS
content, which provides unique, top-performing and localized
content for all player types, from studios including GAMOMAT,
Kalamba Games, Givme Games, Golden Hero, Peter & Sons, and
Arcadem. The operator will also soon implement ORYX’s portfolio of
virtual lottery products.
Strendus will also be able to utilize ORYX’s player engagement
and data tools via the industry-leading ORYX Hub, including
real-time leaderboards, free rounds, tournaments, jackpots, quests
and achievements - features that have proven to drive player
engagement, conversion, retention, loyalty and value.
ORYX is licensed by the Malta Gaming Authority (MGA) and its
content is certified or approved in 18 major jurisdictions. ORYX
was recently awarded an ISO/IEC 27001 certificate, underlying its
commitment to information security.
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.
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.
Neither TSX nor its Regulation Services Provider (as that
term is defined in the policies of the TSX) accepts responsibility
for the adequacy or accuracy of this news release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210507005125/en/
For Bragg Gaming Group, contact: Yaniv Spielberg, CSO,
Bragg Gaming Group info@bragg.games
For media enquiries or interviews, please contact: Keera
Hart, Kaiser & Partners Communications
keera.hart@kaiserpartners.com 905.580.1257
For investor enquiries, please contact: David Gentry
dgentry@bragg.games 1-800-733-2447 407-491-4498
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