Bragg Gaming Group elects board members at annual meeting

Published 17/06/2025, 21:52
Bragg Gaming Group elects board members at annual meeting

TORONTO - Bragg Gaming Group Inc. (NASDAQ: BRAG, TSX: BRAG), a gaming technology company with a market capitalization of approximately $107 million, announced the results of its annual general meeting held Tuesday, where shareholders elected all six nominated directors to the company’s board.

The elected board members include Matevž Mazij (92.91% approval), Holly Gagnon (97.27%), Mark Clayton (97.06%), Kent Young (94.18%), Don Roberston (97.29%), and Ron Baryoseph (99.93%).

Shareholders also voted to reappoint MNP LLP as the company’s auditors for the coming year, with 97.49% approval, and authorized the board to determine their compensation.

Bragg Gaming Group is a provider of content and technology solutions to the online gaming industry. The company develops casino game titles through its studios including Wild Streak Gaming, Atomic Slot Lab, and Indigo Magic, while also offering player account management technology and content delivery platforms.

The company currently operates in over 30 regulated iCasino markets globally, including the United States, Canada, Latin America, and Europe.

The voting results from the meeting were based on information provided in the company’s management information circular dated May 12, 2025, according to the press release statement.

In other recent news, Bragg Gaming Group announced its first-quarter financial results, reporting a revenue of €25.5 million, a 7.1% increase year-over-year, and an Adjusted EBITDA of €4.1 million, a 19.7% rise. The company also secured a new $6 million Senior Secured Revolving Credit Facility to fund growth initiatives, after repaying a $2 million promissory note. In a strategic move, Bragg Gaming has signed an agreement with Hard Rock Digital to develop exclusive online casino games for Hard Rock Bet Casino, initially launching in New Jersey. Benchmark analysts maintained their Buy rating with a $6.00 price target, highlighting Bragg’s strong growth in proprietary content and strategic expansion. Similarly, JMP analysts reiterated a Market Outperform rating with a $6.00 target, noting the stock’s undervaluation compared to industry standards. The company also appointed Holly Gagnon as the new Chair of its Board of Directors, succeeding Matevž Mazij, who remains CEO. Gagnon’s extensive industry experience is expected to drive Bragg’s future growth initiatives. These developments reflect Bragg Gaming’s ongoing efforts to expand its market presence and enhance its financial strategies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.