{"id":184120,"date":"2021-08-27T08:43:25","date_gmt":"2021-08-27T15:43:25","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=184120"},"modified":"2021-08-27T11:55:15","modified_gmt":"2021-08-27T18:55:15","slug":"bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq\/","title":{"rendered":"Bragg Gaming Makes Nasdaq Debut"},"content":{"rendered":"

Canadian gaming technology provider Bragg Gaming launched on the Nasdaq Stock Market, becoming the latest foreign gaming company to land a US listing.<\/p>\n

\"bragg
The Nasdaq market site in New York, pictured above. Bragg Gaming listed shares there today. (Image: The Verge<\/em>)<\/figcaption><\/figure>\n

Bragg is trading in New York under the ticker \u201cBRAG.\u201d That’s the same symbol it uses on the Toronto Stock Exchange — a listing the company is retaining.<\/p>\n

Toronto-based Bragg previously traded over-the-counter in the US under the ticker \u201cBRGGF.\u201d The company said in March it was eyeing a Nasdaq listing and that it was planning a reverse split<\/a> to boost its share price to come into compliance with the exchange operator’s listing requirement.<\/p>\n

Bragg provides internet casino and sportsbook technology services to gaming operators via its ORYX Gaming brand.<\/p>\n

Advantages for Bragg in Nasdaq Listing<\/h2>\n

Those segments are taking off in significant fashion<\/a> in the US, underscoring Bragg\u2019s desire to gain more exposure to its neighboring market. That objective may be aided with a Nasdaq listing, because the stock will be available to a wider swath of institutional investors, and the company will increase its ease of accessing capital.<\/p>\n

By listing in the US and maintaining our Canadian listing, we are positioned to enhance shareholder value by improving the Company\u2019s visibility and trading liquidity for investors,”<\/strong> said CEO Richard Carter in a statement.<\/p><\/blockquote>\n

Many institutional investors can’t buy over-the-counter stocks, and Bragg isn’t the first Canadian gaming company to head to Nasdaq in search of a wider investor base.<\/p>\n

Earlier this year, Score Media and Gaming (NASDAQ:SCR) did the same thing, and that’s worked out well for the sports betting operator. That’s because Penn National Gaming (NASDAQ:PENN) said earlier this month it’s buying the company for $2 billion<\/a> in cash and stock.<\/p>\n

Bragg Making Deals<\/h2>\n

In advance of its Nasdaq listing, Bragg acquired Spin Games, a gaming technology and content provider that has agreements in regulated US and Canadian markets. That company has a roster of interactive games, including slots, bingo, video poker, and other table and casino games.<\/p>\n

That was followed by the acquisition of Wild Streak Gaming in a deal worth $30 million.<\/p>\n

\u201cNevada-based Wild Streak Gaming is Bragg’s wholly-owned premium US gaming content studio. Wild Streak has a popular portfolio of casino games that are offered across land-based, online, and social casino operators in global markets, including the US and the UK,\u201d <\/strong>according to Bragg.<\/p>\n","protected":false},"excerpt":{"rendered":"

Canadian gaming technology provider Bragg Gaming launched on the Nasdaq Stock Market, becoming the latest foreign gaming company to land a US listing. Bragg is trading in New York under the ticker \u201cBRAG.\u201d That’s the same symbol it uses on the Toronto Stock Exchange — a listing the company is retaining. Toronto-based Bragg previously traded […]<\/p>\n","protected":false},"author":46,"featured_media":184121,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,19],"tags":[],"acf":[],"yoast_head":"\nBragg Gaming Becomes Latest Gaming Company To List On Nasdaq<\/title>\n<meta name=\"description\" content=\"Bragg Gaming is now trading on the Nasdaq, giving it a chance to appeal to a broader set of investors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bragg Gaming Becomes Latest Gaming Company To List On Nasdaq\" \/>\n<meta property=\"og:description\" content=\"Bragg Gaming is now trading on the Nasdaq, giving it a chance to appeal to a broader set of investors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-27T15:43:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-27T18:55:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/08\/nasdaq2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq\/\",\"url\":\"https:\/\/www.casino.org\/news\/bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq\/\",\"name\":\"Bragg Gaming Becomes Latest Gaming Company To List On Nasdaq\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/08\/nasdaq2.jpg\",\"datePublished\":\"2021-08-27T15:43:25+00:00\",\"dateModified\":\"2021-08-27T18:55:15+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Bragg Gaming is now trading on the Nasdaq, giving it a chance to appeal to a broader set of investors.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-becomes-latest-gaming-company-to-list-on-nasdaq\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/08\/nasdaq2.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/08\/nasdaq2.jpg\",\"width\":1200,\"height\":800,\"caption\":\"The Nasdaq market site in New York. Bragg Gaming listed shares there today. 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