$BRAG

Bragg Gaming Group Inc. reported Q2 2026 results with revenue down 12% year over year, while EBITDA margin rose 212 bps, driven by 44% YoY growth in North America proprietary content revenue. Management cited revenue headwinds from Netherlands turnkey contract roll-off, Brazil direct supply shifts, and Croatia regulatory limits. It withdrew fiscal 2026 guidance amid Drayton International integration, completed for $9m in shares, and expects EUR 10.5m annualized restructuring savings.

Bragg Gaming Group (NASDAQ:BRAG, TSX:BRAG) reported 2Q26 revenue of EUR 22.9m (USD 26.1m), down 12% y/y. Operating loss was EUR 1.9m and net loss EUR 2.9m. Adjusted EBITDA was EUR 3.5m, flat, with margin rising to 15%. The company also announced workforce cuts, entered Alberta, and completed the Drayton acquisition for USD 9.0m in shares.

Bragg Gaming Group said it will cut 19% of its global workforce, following a 12% reduction announced in January. The company expects about USD 6.85 million in annualized cash savings after implementation, plus USD 5.14 million from the earlier layoffs. The article also cites recent client and leadership changes and a private placement and Drayton International acquisition.

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) announced further restructuring, cutting about 19% of its global workforce. The company expects incremental annualized cash savings of about €6 million, on top of €4.5 million previously guided from a January 2026 restructuring, totaling about €10.5 million. It expects ~€0.6 million in termination costs in 2H 2026.

Bragg Gaming Group Inc. published a slide deck on May 15, 2026, in conjunction with their Q1 2026 earnings call. This presentation provides details relevant to investors and stakeholders of the company. The content was sourced and prepared by Seeking Alpha's transcripts team.

Bragg Gaming Group announced its acquisition of Drayton International for 4.5 million newly issued Bragg common shares, valued at $2.00 per share. This strategic move aims to strengthen Bragg's position in the iGaming market, particularly in the US, and enhance its AI capabilities. Alongside the acquisition, Tekkorp Capital's founder, Matt Davey, will join Bragg's board as a non-executive chair.

Bragg Gaming Group will release its first quarter 2026 financial results on Thursday, May 14, 2026, before market open. This will be followed by a conference call at 8:30 a.m. Eastern Time, where CEO Matevž Mazij and CFO Robbie Bressler will discuss the results and provide a business update. The call details and a link to the webcast archive are provided in the announcement.

This article provides trading information and AI-generated signals for Bragg Gaming Group Inc. (BRAG:CA). It includes short-term trading plans, current ratings (weak-neutral-weak), and a list of numerous recent articles related to BRAG across different analysis types and dates.

Bragg Gaming Group has signed a comprehensive turnkey solution agreement with SuomiVeto, a new market entrant founded by the creators of BetCity.nl. This long-term partnership will position SuomiVeto as a leading operator in the newly regulated Finnish iGaming market, which is set to launch on July 1, 2027. Bragg will provide its proprietary PAM platform, exclusive content, Fuze™ player engagement tools, and managed services, leveraging AI-driven predictive modeling and hyper-personalization features to comply with Finland's anticipated regulatory requirements.

Bragg Gaming Group announced a strategic restructuring, including a 12% global workforce reduction, to improve its cost structure and accelerate profitability. The company expects to incur EUR 1.0 million in restructuring costs but anticipates annualized cash savings of EUR 4.5 million. A core component of this overhaul is an ambitious "AI-First" transformation plan, aiming for AI-enhanced products and workflows by 2027 to drive efficiency and operational excellence.