Earnings ·
Bragg Gaming Group Inc. reported interim financial results for the six months ended June 30, 2026, showing a net loss…
BRAGBragg Gaming Group Inc.
Bragg Gaming Group Inc. reported interim financial results for the six months ended June 30, 2026, showing a net loss of EUR 4.1 million (USD 0.16 per share) on revenue of EUR 48.5 million, a 6% decline from the prior year period. The company completed its acquisition of Drayton International in July 2026 for approximately USD 9.0 million, satisfied by issuing 4.5 million common shares and releasing escrowed proceeds from a concurrent private placement. Management withdrew its fiscal 2026 revenue and Adjusted EBITDA guidance due to the integration of Drayton. Additionally, Bragg announced a further reduction of approximately 19% of its global workforce in July 2026, expected to yield EUR 6.0 million in annualized savings alongside previous restructuring measures. The company operates as a B2B online gaming technology platform and casino content aggregator.