Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG), (“Bragg” or “the Company”) reported today that it finished its recently declared acquisition of Spin Games LLC (“Spin Games”) in a money and stock exchange esteemed at roughly USD$30 million. The Spin Games acquisition accommodates a separated and generally dispersed iGaming item offering and accelerates Bragg’s North American development.
Bragg will promptly use Spin’s U.S. iGaming connections to present new restrictive and selective outsider web-based club content created to address the inclinations of U.S. also, Canadian players and to strategically pitch its current player-famous European club content. The Company hopes to send off its most memorable restrictive games – Egyptian Magic, Fairy Dust and Paradise Ticket as well as selective games from accomplice studios – on its remote gaming server (RGS) with an underlying carry out in Connecticut Accel Entertainment Completes Century Gaming, Michigan and New Jersey expected to start in Q3 2022, with games in Pennsylvania expected to follow.
The joined Bragg/Spin Games’ contribution positions the Company to convey premium iGaming content into the quickly developing U.S. market, upheld by cutting edge player commitment innovation. Bragg will convey the advantages of its restrictive and elite substance and innovation joined with Spin Games’ nearby market expertise and administrator associations with in excess of 30 North American clients, including driving administrators. Turn Games’ current RGS and gambling club content are completely authorized and dispersed in New Jersey, Pennsylvania and Michigan and are authorized and forthcoming go-live in Connecticut and British Columbia, Canada. Turn Games has a restrictive substance arrangement of in excess of 30 in-house created games, remembering for popularity classes like openings, video poker, activity bingo and keno. Turn Games will likewise expand Bragg’s current substance portfolio with various famous outsider titles from notable, land-based space makers.
Yaniv Spielberg, Chief Strategy Officer for Bragg, said, “Joining our RGS, high level player commitment apparatuses, information investigation abilities and our freshest game substance grew explicitly to speak to North American players, with Spin Games’ state gaming licenses and laid out incorporations with online gambling club administrators including most of the U.S. market altogether accelerates our entrance into the North America iGaming market.
“We are situated to become our U.S rapidly. market presence throughout the following a while starting with our iGaming content and supporting game enhancement innovations. Moreover, our demonstrated player account the board (PAM) stage which controls a few driving iGaming and sports book brands in Europe, alongside our full overseen functional and promoting administrations permits us to offer a total answer for web based betting administrators of any size in presently controlled states and as extra states support iGaming.”
“With over 30 years of involvement with the North American gaming area, Spin Games’ pioneer and CEO Kent Young will act as our President – Americas and manage our U.S. market carry out development methodology. We’re happy to invite Kent and the whole Spin Games group to Bragg and anticipate cooperatively driving the fruitful execution of this key development drive.”
Kent Young added, “I’m really glad to now be a piece of the Bragg group and I’m certain the organization is impeccably situated to use our driving RGS innovation and restrictive and outsider substance to execute on our U.S rapidly. what’s more, Canada iGaming development plan. As well as reinforcing our help of existing clients and markets, the consolidated organization is situated to accelerate the development of our legitimacy content library, seek after new business sectors, and influence our innovation to rapidly uphold iGaming in new states and areas as they open.”
About Bragg Gaming Group
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a substance driven iGaming innovation supplier and proprietor of driving B2B organizations in the iGaming business. Since its beginning in 2018, Bragg has developed to incorporate activities across Europe, North America and Latin America and is venturing into a worldwide power inside the worldwide web based gaming market.
Through its completely possessed auxiliary ORYX Gaming, Bragg conveys restrictive, select and totaled club content by means of its in-house remote games server (RGS) and ORYX Hub appropriation stage. ORYX offers a full turnkey iGaming arrangement, including its Player Account Management (PAM) stage, as well as overseen functional and promoting administrations. Nevada-based Wild Streak Gaming is Bragg’s completely claimed premium US gaming content studio. Wild Streak has a well known arrangement of gambling club games that are presented across land-based, on the web and social club administrators in worldwide business sectors including the U.S. what’s more, U.K. Nevada-based Spin Games is Bragg’s completely claimed B2B gaming innovation and content supplier at present overhauling the U.S. market. Turn holds licenses in key iGaming-directed U.S. states and supplies Tier 1 administrators in the district.