Bragg Gaming inks an exclusive distribution deal pertaining to global online casino content with Light & Wonder.
The entire array of games in Bragg Gaming’s arsenal will be accessible on all of Light & Wonder’s platforms. The most sought-after titles will be included, like Atomic Slot Lab, Indigo Magic, Wild Streak Gaming, Spin Games, and many others. Added to that will be the local games contributed by its associates.
The deal is for Canada, the US and major regulated markets in Europe. With this players will get to play with a wide range of exclusive casino games. Currently, some of the popular online Canadian casino games from top software companies are available for them.
As per the CEO of Bragg Gaming, Matevz Mazij, Light & Wonder is an absolute top-of-the-line games supplier. As per the understanding between the two entities, their content will be introduced to fresh audiences via Light & Wonder’s vast network. In the meantime, they will be stressing on building their collection of content.
In the words of the Senior Director of Digital Partnerships at Light & Wonder, Steve Mayes, they have connected with certain operators to take Bragg Gaming’s content to a larger audience. It will also help them to grow their user base exponentially.
Presently, Bragg Gaming provides over 9,000 games via the Bragg HUB content release platform. The company’s remote gaming sensor (RGS) is permissioned to introduce casino games to twenty-five certified gaming markets globally. Bragg Gaming runs its business in New Jersey, Pennsylvania, Michigan, North America, and Ontario, and it has come in for a certification in Peru.
Lately, the company issued a statement that it will be conducting a serious review following its fourth-quarter financial results, which were less than expected.
Bragg Gaming has set up a committee following the downward slide to analyze the reasons and take remedial steps. This could involve selling the business or certain assets, a favorable tie-up or some other viable solution.
For 2024, Bragg Gaming is expecting a possible growth percentage of 12.8% in revenue and 10.9% in the case of adjusted EBITDA.
In other matters, the company declared that Ronen Kannor has stepped down from being the Chief Financial Officer for seemingly fresher pastures.
