Bragg Gaming Group has successfully launched its content in Italy through a partnership with local operator Microgame. The initial batch of over 30 online casino game titles provided by Bragg has received approval for the Italian market and is now accessible to Microgame customers. In the coming months, additional games from Bragg’s Atomic Slot Lab and Indigo Magic studios are expected to be released alongside Microgame’s offerings. This expansion into Italy demonstrates Bragg’s commitment to providing engaging and exciting content in the world’s largest regulated online gaming markets. Concurrently, Bragg has reported remarkable financial performance, with revenue of €23.7 million ($25.5 million) and record-breaking fourth-quarter results.
Entry into the Italian Market:
Bragg Gaming’s partnership with Microgame has facilitated its entry into the Italian market, allowing the company to offer its exclusive content to a wide audience of local players. The approval of over 30 game titles marks an important milestone for Bragg, as it establishes a presence in Europe’s second-largest online gaming market. Lara Falzon, President and COO at Bragg, emphasizes the successful execution of their initiative to provide captivating and player-engaging content in regulated markets worldwide. The collaboration with Microgame provides Bragg with access to leading operators in Italy, ensuring broad exposure for its premium content and setting the stage for further growth in Europe.
Microgame’s Commitment to Player Satisfaction:
Microgame’s CEO, Marco Castaldo, expresses enthusiasm about the partnership with Bragg and the opportunity to bring their high-quality content to Italian players. By incorporating Bragg’s player-popular games into its offerings, Microgame demonstrates its dedication to providing local players with exceptional online gaming experiences. The addition of Bragg’s content represents a significant step forward in Microgame’s commitment to delivering great gaming content to its customers and further solidifies its position as a leading operator in Italy.
Record Q4 Revenue and Growth:
Bragg Gaming Group’s Q4 2022 financial results showcase remarkable success, with revenue reaching €23.7 million ($25.5 million), a notable 50% increase compared to the same period in the previous year. This achievement represents a record-breaking fourth quarter for Bragg, highlighting the company’s ability to generate substantial revenue in a competitive market. Additionally, Bragg’s gross profits experienced a significant surge, rising by 62% to €13 million. These exceptional financial results reflect Bragg’s commitment to delivering innovative and engaging gaming content and position the company for continued growth and success.
Bragg Gaming Group’s collaboration with Microgame has enabled the company to launch its content in the Italian market, expanding its presence in one of Europe’s largest online gaming markets. The partnership allows Bragg to offer its impressive portfolio of over 30 game titles to Italian players, delivering exciting and engaging gaming experiences. Simultaneously, Bragg’s outstanding financial performance in Q4 2022, with record-breaking revenue and increased gross profits, underscores the company’s strength and potential for continued growth. With a focus on providing premium content and expanding into regulated markets worldwide, Bragg Gaming Group is well-positioned to capitalize on new opportunities and solidify its position as a leader in the online gaming industry.