Report

Bragg Gaming Group - Rebranded with Oryx at the core

Bragg Gaming Group (Bragg) has reported its first half year, having acquired Oryx Gaming (a European online B2B platform) in December 2018. H119 continuing revenues grew 48% to C$18.0m, achieving EBITDA break-even. Bragg’s strategy is to expand its B2B presence, both organically and through complementary acquisitions. Key milestones will be the development of EBITDA, as well as the successful payment of the remaining c C$30m of deferred and contingent consideration for Oryx Gaming. In order to focus on the e-gaming opportunity, Bragg has announced a strategic review of its online media division (GiveMeSport) and UK sportsbook (GiveMeBet).
Underlying
Bragg Gaming Group

Breaking Data is engaged in developing advanced search, analysis and information display tools and services. Co. through its wholly owned subsidiary, Devesys Technologies, Inc. (DTI), develops case management, tracking and reporting systems for Fortune 500 companies. The DTI's product line consists of TrakBasic(R), TrakEnterprise(R), and TrakWeb(TM).

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Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Victoria Pease

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