Bragg Gaming Group (TSX.V: BRAG) (OTCQX: BRGGF), the rapid growth B2B gaming technology platform, aggregator and services provider, today provided a business update, preliminary 2019 financial results and a 2020 financial outlook. Among the highlights, the Group forecasts revenue for 2020 in the range of EUR 35-38m (2019: EUR 26m), an increase of up to 48% on 2019 with Clean EBITDA for 2020 of EUR 5.5m (2019: EUR 1.4m), a larger increase due to continuing cost efficiency improvements as the Group continues to scale. “I am very pleased with the immense progress we’ve made throughout 2019 and with our position looking into 2020,” Bragg CEO Dominic Mansour said in the news release. ”We are keen to capitalize on the strong growth in the gaming industry and are focused on continually improving our B2B operations by building new relationships with large operators across Europe, Latin America and the United States, as well as partnering with notable industry players who complement our offering.”
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About Bragg Gaming Group
Bragg Gaming Group Inc. is a next generation gaming group with cutting-edge technology, leading brands and world-class management expertise, developing into a global gaming force. Formed by a team of gaming industry experts, Bragg’s main portfolio is ORYX Gaming, an innovative B2B gaming technology platform and casino content aggregator. Through this brand and targeted acquisitions, Bragg is focused on becoming a leader within the evolving global gaming industry. To lean more, visit www.Bragg.games.
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