PriceSensitive

Bragg Gaming (TSXV:BRAG) subsidiary reaches for the stars

Media
TSXV:BRAG
16 December 2020 15:30 (EDT)
Bragg Gaming (TSXV:BRAG) - Oryx Gaming's Managing Director, Matevz Mazij

Source: ORYX Gaming

Bragg Gaming Group (BRAG) subsidiary ORYX Gaming has formed a partnership with online gaming brand and casino, StarGames.

StarGames is a provider of premium gaming entertainment, which is owned by Greentube Malta and part of the NOVOMATIC Group. 

Under the deal, ORYX will provide StarGames with premium gaming content from the company’s exclusive RGS partners. This will also include an extensive portfolio of third-party content, player engagement tools, and data services available through the ORYX Hub. 

The player tools include free spins, tournaments and leaderboards, all of which significantly increase player engagement. 

Through the deal with StarGames, ORYX Gaming will be able to extend its footprint into the German market. The company’s Managing Director, Matevz Mazij, commented on the benefits of the company’s new partnership with StarGames.

“This deal is a significant step for us as we gear up to take on the German market when the online market fully opens next year,” he said.

“StarGames has a long experience of operating in Germany, which will be an advantage to us as we establish and grow our business in the country,” he added.

In addition to benefitting ORYX Gaming, the deal will also be helpful to StarGames, which already has vast operating experience in the German market. StarGames has licensed operations in the federal state of Schleswig-Holstein, but is now preparing to apply for a nationwide licence in Germany.

This move is in anticipation of new legislation which will come into effect in Germany in July of 2021.

Bragg Gaming Group is down 2.16 per cent and is trading for C$1.36 per share, as of 11:19am EST.

Related News