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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.
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