- Bragg Gaming Group (BRAG) has received approval to upgrade its listing to the Toronto Stock Exchange
- The move is expected to increase awareness of the company among institutional investors and industry analysts
- It follows a number of recent achievements, including the launch of ORYX Gaming’s entire RGS portfolio with Betway, the appointment of Paul Godfrey, and a Dutch gaming deal with JVH Gaming
- The company’s shares are anticipated to begin trading on the TSX on Wednesday, January 27, 2021
- Bragg Gaming Group is currently down 4.05 per cent to C$2.37 per share at 11:08am EST
Bragg Gaming Group (BRAG) has received approval to upgrade its listing to the Toronto Stock Exchange.
“Uplisting to the Toronto Stock Exchange was one of my immediate goals when stepping into the CEO role,” said Adam Arviv, CEO of Bragg Gaming.
“It’s a significant milestone in our growth strategy, and we’re pleased that our strong performance has allowed us to make the move to the senior market,” he added.
The Toronto-based company’s shares are anticipated to begin trading on the Toronto Stock Exchange on Wednesday, January 27, 2021.
It follows a number of significant achievements over the last few months, including the appointment of Canadian businessman and former politician Paul Godfrey to Bragg’s Board of Directors.
Paul currently acts as the Chair of Postmedia Network, which he founded in 2010, and is also Chairman of the Board of Trustees of RioCan Real Estate Investment Trust as well as a director of Canadian-based airline Cargojet.
“The listing on the TSX will generate increased awareness among institutional and global investors and will put the company squarely in the sights of major industry analysts,” Paul said.
“As the global online gaming industry continues to expand at an exponential rate, investors are looking for companies with the technologies and expertise to lead the way, and Bragg is a prime example,” he concluded.
Earlier this year, Bragg signed two deals through its subsidiary ORYX Gaming. The first pertained to the launch of its entire RGS portfolio with online betting and casino operator Betway on January 13, while the second was an agreement with Dutch operator JVH Gaming, under which ORYX will provide JVH with its ORYX Hub iGaming platform and various content.
Bragg Gaming Group is currently down 4.05 per cent to C$2.37 per share at 11:08am EST.