Bragg Gaming Group has achieved a significant milestone by obtaining a B2B remote gambling license in Gibraltar. This licensure grants Bragg Gaming the opportunity to collaborate with various betting companies in Gibraltar, including renowned names such as Entain, 888, William Hill, bet365, and Lottoland.
Expansion into Key Markets:
Lara Falzon, President and COO at Bragg Gaming Group, emphasized the importance of Gibraltar as a jurisdiction, housing both UK and international-facing companies. The newly acquired license will facilitate Bragg Gaming’s expansion into key regulated markets. Falzon expressed enthusiasm about partnering with new entities and introducing their content onto these partners’ online casino platforms.
Impressive Earnings Growth:
In addition to the license acquisition, Bragg Gaming Group reported impressive financial results for the second quarter of 2023. Their earnings surged by 18.9% to €24.7 million ($26.5 million) compared to the same period last year. Notably, the total amount of bets placed on Bragg Gaming’s games and content reached €5.5 billion this quarter, a substantial increase from €4.2 billion in the previous year.
Securing a B2B remote gambling license in Gibraltar signifies a significant stride for Bragg Gaming Group, enabling them to extend their presence in vital regulated markets and collaborate with industry-leading partners. Their robust financial performance further underscores their growth trajectory, positioning them as a key player in the dynamic iGaming landscape.