00:35:33 EDT Sun 19 May 2024
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Bragg Gaming Group Inc (2)
Symbol BRAG
Shares Issued 21,552,895
Close 2023-08-25 C$ 7.28
Market Cap C$ 156,905,076
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Bragg Gaming Group appoints Mazij as CEO

2023-08-28 09:20 ET - News Release

Mr. Matevz Mazij reports

BRAGG GAMING GROUP APPOINTS MATEVZ MAZIJ CEO

Bragg Gaming Group Inc.'s board of directors has appointed Matevz Mazij, chairman of the board, as chief executive officer, effective immediately. Mr. Mazij, Bragg's largest shareholder and the founder of Oryx Gaming, the company's original player account management, aggregation and remote games server gaming technology platforms, which was acquired by Bragg in 2018, takes over as CEO for Yaniv Sherman, who stepped down. The change was made following a thorough evaluation by the board and to ensure the optimal alignment of the best interests of the company and its stakeholders.

"On behalf of the board of directors and the entire Bragg team, I would like to thank Yaniv for his leadership, commitment and contributions to the company," said Holly Gagnon, lead independent director of the board. "The board remains focused on supporting the company's senior management team as they continue to execute on initiatives that drive profitable growth and the creation of new, sustainable shareholder value. We are confident that as the founder and visionary of Oryx Gaming, the combination of Matevz's significant industry experience and deep knowledge of Bragg with the company's experienced senior leadership team favourably positions Bragg to continue successfully executing on our key strategic objectives and serve our valued customers and partners with excellence."

"Following several years of serving on the board, I am excited to return to an operational role to lead the company towards continued top-line and cash flow growth," said Mr. Mazij. "Bragg possesses many opportunities to further grow our scale of operations across North America, Europe and evolving global regulated i-gaming markets. I look forward to working with senior management and all of our team members to bring fresh perspectives that can amplify our ability to continue our successful execution of the growth strategies that we established following the acquisitions of Wild Streak Gaming and Spin Games in 2021 and 2022, respectively."

About Bragg Gaming Group Inc.

Bragg Gaming Group is a content-driven i-gaming technology provider, serving on-line and land-based gaming operators with its proprietary and exclusive content and its cutting-edge technology. Bragg Studios offer high-performing, data-driven and passionately crafted casino gaming titles from in-house brands Wild Streak Gaming, Spin Games, Atomic Slot Lab, Indigo Magic and Oryx Gaming. Its proprietary content portfolio is complemented by a range of exclusive titles from carefully selected studio partners which are powered by Bragg: games built on Bragg remote games server (Bragg RGS) technology, distributed via the Bragg Hub content delivery platform and available exclusively to Bragg's customers. Bragg's modern and flexible omnichannel player account management (Bragg PAM) platform powers multiple leading i-casino and sportsbook brands and is supported by expert in-house managed operational and marketing services. All content delivered via the Bragg Hub, whether exclusive or from Bragg's large, aggregated games portfolio, is managed from a single back office and is supported by powerful data analytics tools, as well as Bragg's Fuze player engagement tool set. Bragg is licensed or otherwise certified, approved and operational in multiple regulated i-casino markets globally, including in New Jersey, Pennsylvania, Michigan, Ontario, the United Kingdom, the Netherlands, Germany, Sweden, Spain, Malta and Colombia.

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