New content is on its way that should continue to solidify the company\u2019s position in the market. Bragg has stated that it will introduce around 22 proprietary games this year, 120% more than last year.<\/p>\n
In addition to the proprietary content, Bragg has in place several agreements for exclusive distribution of games from third-party studios. It asserts this will lead to a \u201chigher level of desirable real estate allocation\u201d on several iGaming platforms.<\/p>\n
The North American market will remain a focal point of the company\u2019s operations. Bragg expects to dedicate several resources to the market as it continues to expand, leveraging its position in both the online and land-based gaming sectors.<\/p>\n
Now leading Bragg, only since June, is Yaniv Sherman, a former 888 Holdings executive and its head of US operations. With him at the helm, the company expects to continue to strengthen its position. It\u2019s already on track, raising its 2022 full-year outlook considerably.<\/p>\n
The North American iGaming market continues to grow. We expect to leverage our expertise and differentiated product and technology advantages to drive consistent growth with leading operators in these markets. This includes content localization and customization that addresses popular online and land-based themes,\u201d<\/strong> said Sherman.<\/p><\/blockquote>\nBefore the latest results, Bragg anticipated revenue of between $70 million and $74 million for the year. However, it pushed the guidance to $78 million to $82 million. It raised its adjusted EBITDA (earnings before interest, tax, depreciation and amortization), as well. This went from $9.7 millioi to $10.7 million to $10 million to $11 million.<\/p>\n","protected":false},"excerpt":{"rendered":"
B2B gaming technology company Bragg Gaming is having a good year. It reported a strong first quarter, and following the release of its latest financial health report, saw another significant improvement in the second quarter. Gross profit for the company increased by 65.5% in the quarter, reaching $11.9 million. Its gross profit margin also jumped, […]<\/p>\n","protected":false},"author":64,"featured_media":225573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,33810],"tags":[81903,81898,82205],"acf":[],"yoast_head":"\n
Bragg Gaming Reports Solid Q2 Revenue, Continuing Success from Q1 - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n