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Recent Updates — BRAG

August 27, 2026View Source ↗

Bragg Gaming Group Inc. filed a Share Purchase Agreement dated July 13, 2026, to acquire all issued and outstanding shares of Drayton International for an aggregate purchase price of $9,000,000. The consideration will be satisfied by issuing 4,500,000 Bragg common shares at a deemed price of $2.00 per share. The transaction is subject to regulatory approvals from the Connecticut Department of Consumer Protection and stock exchange listings on the TSX and Nasdaq. Bragg Gaming Group Inc. operates in the iGaming technology industry, providing software solutions for sports betting and casino games.

August 13, 2026View Source ↗

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.

July 23, 2026View Source ↗

Bragg Gaming Group closed the acquisition of Drayton International for US$9,000,000 in common shares, expanding its presence in the U.S. sports betting and horse racing markets. The company also converted 751,445 subscription receipts at US$1.73 per receipt into common shares and warrants, and renewed its senior credit facility with Bank of Montreal. Additionally, Matt Davey was appointed as Non-Executive Chairman of the board, succeeding Holly Gagnon, while Matevz Mazij resigned from the board. Bragg Gaming Group is an iGaming content and platform technology solutions provider.