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Bragg Gaming expands partnership with Caesars Entertainment

Consumer, Market News, Technology
TSX:BRAG
14 January 2025 09:59 (EST)
Bragg Gaming Group logo and characters

(Source: Bragg Gaming Group)

Bragg Gaming Group (TSX:BRAG), a gaming content and technology stock, has signed a new partnership with Caesars Entertainment covering the Canadian and U.S. markets.

The partnership expands Bragg’s existing content supplier relationship with Caesars to include technology, contributing to expected double-digit growth in Bragg’s 2025 revenue and profitability.

Caesars will lease Bragg’s Remote Gaming Server (RGS), with options to license its HUB product delivery and casino game aggregation platform, as well as its Fuze player engagement platform, which offers functionality for bonuses, free rounds, jackpots and AI-powered game recommendation engines.

Bragg will also work alongside Caesars’ in-house games studio team to develop numerous online casino games for Caesars’ digital platforms, in addition to a delivery platform for Caesars to build custom game titles using its intellectual property.

Bragg’s previous work for Caesars includes developing the Lady Luck Casino Egyptian Magic and Boardwalk Slots Bankers & Cash games for Caesars Palace Online Casino, and regularly supplying new online slots and casino games to Caesars’ digital platforms in New Jersey, Michigan, Pennsylvania and Ontario.

Though Bragg Gaming has yet to turn a net income profit, management has proven itself capable of meaningfully growing revenue while significantly reducing cash burn over the past four years.

Leadership insights

“We’re thrilled to be kicking off this exciting new content and technology project with Caesars for its online casino platforms,” Neill Whyte, Bragg Gaming Group’s chief commercial officer, said in a statement. “We have decades of expertise and know-how, as well as the full technology suite to build, launch and operate the highest-quality online casino games, and we look forward to expanding our strategic partnership with the Caesars team to enhance the player experience through innovative and exclusive gaming content creation. Bragg and Caesars already have a strong history together and this expanded partnership is a testament to our commitment to continue building and further strengthening this successful relationship.”

“Bragg’s technological expertise has consistently exceeded our expectations throughout our partnership. This expansion marks an important step in our strategic growth plan to develop our own proprietary digital slots and table games content and to offer something truly exclusive for our players. We’re excited about the potential that this moment provides us, and we have our sights set on building exclusive online casino games through our newly formed in-house game studios team that will set us apart in the industry,” added Matt Sunderland, senior vice president and chief iGaming officer at Caesars Digital.

About Bragg Gaming Group

Bragg Gaming is an iGaming content and platform technology solutions provider serving online and land-based gaming operators. The company is licensed, certified, or approved and operational in over 30 regulated iCasino markets globally.

Bragg Gaming Group stock (TSX:BRAG) opened with a gain of 1.82 per cent trading at C$5.04 per share. The stock has given back 26.10 per cent year-over-year.

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(Top image: Bragg Gaming Group)


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