Appointment deepens global markets experience
of the company’s management team
Bragg Gaming Group (TSX:BRAG, OTC: BRGGF) ("Bragg" or the
"Company") is pleased to welcome industry executive Chris
Looney as Chief Commercial Officer.
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the full release here:
https://www.businesswire.com/news/home/20210707005304/en/
Bragg Gaming Appoints Chris Looney to
Role of Chief Commercial Officer (Photo: Business Wire)
Mr. Looney brings a wealth of gaming industry experience, having
previously held progressively senior roles at Microgaming, and
prior to joining Bragg held the position of Commercial Director at
Red Tiger Gaming, where he was instrumental in driving the
company’s growth and success.
In his role, Mr. Looney will work closely with Bragg CEO,
Richard Carter, to develop and execute on Bragg’s strategic vision
for expansion in new regulated markets, including the growing U.S.
market. Bragg believes the addition of Mr. Looney will help advance
Bragg’s position in the North American B2B iGaming space.
The addition builds on Bragg’s momentum, with Bragg recently
entering into a definitive agreement to acquire U.S. iGaming
technology and content supplier, Spin Games, and having completed
its acquisition of Nevada-based slot studio Wild Streak Gaming.
Bragg expects the acquisitions to broaden Bragg’s proprietary
content and technology offerings to service markets in the U.S.,
Europe and globally.
Bragg also owns ORYX Gaming, an established European iGaming
turnkey solution provider, offering proprietary, exclusive and
aggregated casino content, player account management (PAM), player
engagement and data platforms, as well as managed marketing and
operational services.
“We’re thrilled to welcome Chris to our management team,” said
Richard Carter, CEO of Bragg Gaming. “He has an impressive track
record of driving growth and success, and his extensive industry
knowledge will be crucial as we continue to expand globally into
key markets such as the U.S., the U.K., Italy, Canada and
anticipated new market openings such as the Netherlands.”
“Bragg presented an opportunity I couldn’t turn down,” said Mr
Looney. “The company’s global presence and proprietary product and
content portfolio in the B2B iGaming space provides a solid
foundation for further expansion into new markets. In North America
in particular, jurisdictions continue to evolve, regulate and open
up. Bragg is well positioned to succeed these markets and I’m
excited to be part of the game plan.”
About Bragg Gaming Group
Bragg Gaming Group (TSX:BRAG, OTC: BRGGF) ("Bragg") is a growing
global gaming technology and content group and owner of leading B2B
companies in the iGaming industry. Since its inception in 2018,
Bragg has grown to include operations across Europe, North America
and Latin America and is expanding into an international force
within the global online gaming market.
Through its wholly-owned subsidiary, ORYX Gaming, Bragg delivers
proprietary, exclusive and aggregated casino content via its
in-house remote games server (RGS) and ORYX Hub distribution
platform. ORYX offers a full turnkey iGaming solution, including
its Player Account Management platform, as well as managed
operational and marketing services.
Nevada-based Wild Streak Gaming is Bragg's wholly owned premium
US gaming content studio. Wild Streak has a popular portfolio of
casino games that are offered across land-based, online and social
casino operators in global markets including the U.S. and U.K.
Find out more.
Cautionary Statement Regarding Forward-Looking
Information
This news release may contain forward-looking statements or
"forward-looking information" within the meaning of applicable
Canadian securities laws ("forward-looking statements").
Forward-looking statements are provided for the purpose of
presenting information about management’s current expectations and
plans relating to the future and allowing readers to get a better
understanding of the Company's anticipated operating environment.
Often, but not always, forward-looking statements can be identified
by the use of words such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or describes a "goal", or variation of such words and
phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be
achieved.
All forward-looking statements reflect the Company's beliefs and
assumptions based on information available at the time the
statements were made. Actual results or events may differ from
those predicted in these forward-looking statements. All of the
Company's forward-looking statements are qualified by the
assumptions that are stated or inherent in such forward-looking
statements, including the assumptions listed below. Although the
Company believes that these assumptions are reasonable, this list
is not exhaustive of factors that may affect any of the
forward-looking statements. The key assumptions that have been made
in connection with the forward-looking statements include the
following: the impact of COVID-19 on the business of the Company;
the countercyclical growth of the business of the Company; the
regulatory regime governing the business of the Company; the
operations of the Company; the products and services of the
Company; the Company's customers; the growth of Company's business,
which may not be achieved or realized within the time frames stated
or at all; the integration of technology; and the anticipated size
and/or revenue associated with the gaming market globally.
Forward-looking statements involve known and unknown risks,
future events, conditions, uncertainties and other factors that may
cause actual results, performance or achievements to be materially
different from any future results, prediction, projection,
forecast, performance or achievements expressed or implied by the
forward-looking statements. Such factors include, among others, the
following: risks related to the Company’s business and financial
position; that the Company may not be able to accurately predict
its rate of growth and profitability; the risks associated with the
completion of the acquisition of Spin; risks associated with
general economic conditions; adverse industry events; future
legislative and regulatory developments; the inability to access
sufficient capital from internal and external sources and on
favorable terms; realization of growth estimates, income tax and
regulatory matters; the ability of the Company to implement its
business strategies; competition; economic and financial
conditions, including volatility in interest and exchange rates,
commodity and equity prices; changes in customer demand;
disruptions to our technology network including computer systems
and software; natural events such as severe weather, fires, floods
and earthquakes; and risks related to health pandemics and the
outbreak of communicable diseases, such as the current outbreak of
COVID-19. Although the Company has attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events
or results not to be as anticipated, estimated or intended. There
can be no assurance that forward-looking statements will prove to
be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements.
The Company disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events, or otherwise, except in accordance with
applicable securities laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20210707005304/en/
For Bragg Gaming Group, contact: Yaniv Spielberg, CSO,
Bragg Gaming Group info@bragg.games
For Canadian media enquiries or interviews, please
contact: Hayley Suchanek, Kaiser & Partners Communications
hayley.suchanek@kaiserpartners.com 1.289.681.2477
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