15:09:54 EST Mon 06 Dec 2021
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Bragg Gaming Group Inc (2)
Symbol BRAG
Shares Issued 19,948,814
Close 2021-08-06 C$ 10.02
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Bragg's Oryx receives licence to operate in Greece

2021-08-09 11:43 ET - News Release

Mr. Yaniv Spielberg reports


Bragg Gaming Group Inc.'s wholly owned subsidiary Oryx Gaming has been granted a licence to supply its exclusive content via its proprietary remote games server to operators in Greece by the Hellenic Gaming Commission.

Oryx is now live and fully compliant in the jurisdiction, which has moved from an interim framework to become fully regulated, in line with a general trend among European countries in recent years.

The A1 licence enables Oryx to supply its Greek licensed customers, including OPAP, Stoiximan, Betsson and NetBet, with more on-line casino brands expected to go live in the market via the company's Oryx Hub distribution platform this year.

Chris Looney, chief commercial officer at Bragg, said: "Greece has the potential to become an important market for the group, and this licence underpins our commitment to our customers in the jurisdiction and represents a new milestone for us in our plans for expansion in regulated markets in Europe, North America and globally.

"Our technology is flexible, and it gives us the agility to adapt quickly to new market regulations, and we look forward to launching in many more new markets over the coming quarters with our in-house developed content, our player engagement tools and exclusive third party content.

"We have a superb new roadmap of exclusive games coming up, including an increasing proportion from our own in-house studios, and we can't wait to bring them to Greek slots fans."

Oryx is already licensed in Malta and Romania, and is otherwise certified or approved to offer its content in multiple jurisdictions, including Sweden, Denmark, Spain, Portugal, Czech Republic, Croatia, Serbia, Switzerland, Gibraltar, Estonia, Latvia, Colombia and, once the market opens as anticipated in Q4 2021, the Netherlands. It is in the process of obtaining further licences in the United Kingdom, Belgium, and in the U.S. states of New Jersey, Pennsylvania and Michigan, and is in the process of obtaining certification to supply in Italy.

About Bragg Gaming Group Inc.

Bragg Gaming Group is a growing global gaming technology and content group and owner of leading business-to-business companies in the i-gaming industry. Since its inception in 2018, Bragg has grown to include operations across Europe, North America and Latin America, and is expanding into an international force within the global on-line gaming market.

Through its wholly owned subsidiary Oryx Gaming, Bragg delivers proprietary, exclusive and aggregated casino content via its in-house remote games server (RGS) and Oryx Hub distribution platform. Oryx offers a full turnkey i-gaming solution, including its player account management (PAM) platform, as well as managed operational and marketing services.

Nevada-based Wild Streak Gaming is Bragg's wholly owned premium U.S. gaming content studio. Wild Streak has a popular portfolio of casino games that are offered across land-based, on-line and social casino operators in global markets including the United States and United Kingdom.

In May, 2021, Bragg announced its planned acquisition of Nevada-based Spin Games, business-to-business gaming technology and content provider currently servicing the U.S. market. Spin holds licences in key i-gaming-regulated U.S. states and supplies Tier 1 operators in the region.

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