Bragg Gaming Group Inc (BRAG)

[budgetthis]

Excellent news, Mr B,,,,,,,,,,,,thanks for posting.

And another stellar day for BRGGF !

[Mr B]

NetEnt Star CFO Lara Falzon Joins Bragg Board

February 16, 2021 09:16 ET
TORONTO, Feb. 16, 2021 (GLOBE NEWSWIRE) -- B2B gaming technology provider Bragg Gaming Group ( TSX:BRAG , OTC: BRGGF ) (" Bragg " or the " Company ") announced today that gaming industry veteran Lara Falzon has been elected to the Board of Bragg Gaming, effective March 1, 2021.

Ms. Falzon brings significant financial expertise in the gaming sector to Bragg, as well as experience in listing on the NASDAQ, a 2021 goal for Bragg. As CFO of casino software provider Red Tiger Gaming, Ms. Falzon navigated the 2019 sale of Red Tiger to NetEnt AB for over US$315 million. NetEnt’s most recently reported earnings increased by 58 per cent year-over-year, with US market revenues jumping 313 per cent. She also played an instrumental role in the September 2020 sale of NetEnt for $2.1 billion to the world’s leading live casino company Evolution Gaming (now Evolution). Evolution most recently reported a 48 per cent jump in revenues over the first nine months of the year to US $462 million.

“We’re very pleased to have Lara join our championship team - she brings tremendous industry experience,” said Adam Arviv, CEO of Bragg Gaming. “Her financial experience in the gaming sector is unmatched in the industry and will be very valuable as we continue our global growth strategy.”

Ms. Falzon currently holds the role of Operational CFO of NetEnt and CFO at Red Tiger Gaming. She previously held the roles of Group CFO at Evoke Gaming Ltd. and Group Financial Controller at King. Ms. Falzon is a member of the Association of Chartered Accountants and holds a Bachelor of Commerce from the University of Malta.

“I’m thrilled to join the team at such an exciting time in Bragg’s evolution,” said Ms. Falzon. “Bragg continues to outperform on their expansion goals and I’m happy to contribute my expertise to the mission.”

[Mr B]

Agree. Added another 3500 in the low 1.80s. I don’t see this as any less than a $20 once it goes live in the 14 big countries and if it can get to a US exchange game on. Pun intended.

[The_Edge]

Yes..
No problem..long and accumulating
Excellent team they have with proven performance..
Win win for us longs
Regards
Js

[budgetthis]

I just wish all my stocks looked this strong........

Thanks for posting those stats, The_Edge.......

I think the shares we all kept accumulating under $2.00 are looking like a pretty smart investment going forward.

$$ BRGGF $$

[The_Edge]

Yes BRGGF 2.16 usd Bragg gaming revenues projected for 2021..
79 million , ebtda 10.4 mil 42 percent margin , revenue sharing, os 131 mil.. 42 mil in cash on the books according to Yanif Spielberg cheif strategy officer..
operators growing globally
Significant growth projected..also plans to be listed on the Nasdaq

[budgetthis]

I may have to BRAGG about this unknown gem........lol.

[budgetthis]

Closed over $2 on good volume......maybe we’re getting discovered !

$$ BRGGF $$

[budgetthis]

I agree Mr. B !

I’m ready to break that $2.00 barrier and zoom up......

[Mr B]

Just a matter of time before this hits the radar big time... tried to add more at $1.85. Didn’t get it.

[Mr B]

I agree. 2 big catalysts. Uplist on NASDAQ and the list of countries where it’s available from Microsoft starting March1. Glad it’s a short month so we don’t have to wait long.

[Joeyohso]

This will do fantastic this year. We just need some more eyeballs on it. Uplisting to nasdaq would certainly help

[77Port]

Thanks for posting this video. It's a good inside look. The segment comparing Bragg to GAN was great.

[Mr B]

. This is from 2 weeks ago but great information about the company and plans. Almost sounds too good to be true! Go Bragg!

[PickPen]

If anyone at Bragg is monitoring this board, come to Louisiana and out our lottery online. I would play it more. We also passed sports betting but no one has started any platform yet.

[Crazedcracker]

Brggf sitting on millions in cash,enough firepower to make strategic acquisitions to fuel growth,getting more and more diversified across the globe,lawmakers making it easier to get pro gambling laws passed to increase tax revenue.Lackluster TSX debut will push BRAGG to intensify its goal to uplist to Nasdaq,healthy amount of the float is held by insiders,undervalued in relation to its peers,this stock hasn’t even begun to make a move yet,closest thing to a unicorn I’ve discovered in my short investing career,my chips are all in boom or bust 15,500 shares

[budgetthis]

Great morning.......let’s break $2.00+ today, right fellow BRGGF’ers ?

[budgetthis]

I agree, PickPen !

Looking like we will reclaim that $2.00+ area very soon.

[PickPen]

Last I checked Bragg was trading at 3.5 earnings compared to Gan at 20 times earnings at $26 a share. Bragg has more revenue than Gan. We are very undervalued at this price level.
I like my bullish stance on this one.

[budgetthis]

Very nice day today.......

Let’s blast back into the $2.00+ range this week.....

$$ BRGGF $$

[Joeyohso]

This one looks primed for take off

[budgetthis]

Time to turn it up........

[77Port]

One reason for recent share sluggishness is likely this massive insider buying spree. Article agrees nothing shows confidence like this:
https://finance.yahoo.com/news/matevz-mazij-md-oryx-gaming-040401946.html

[77Port]

I've worried Bragg has shown up late to the American market, but the Russia connection is interesting. Perhaps Bragg becomes the DraftKing/800lb gorilla across Europe, Russia, Pacific rim and the entire non-American market. And if their software can outshine the others, then even most US states are still entering the sports-betting market including, as you mentioned, lottery.

This is what I understand. Bragg licenses to their customer the Bragg proprietary gaming and financial software so the customer can reach the consumer. Included in the package are Bragg's proprietary gaming brands. It's unclear to me what role Bragg maintains once this B2B relationship is established, other than receiving a revenue stream from the licensing of their tech, software and brands. Is there continual training, upgrades, etc?

In their presentation available on website, Bragg says this regarding revenue stream:

Majority of revenue is generated on a revenue share basis:
• Bragg earns a % of the gross gaming revenue (GGR) from operators using its platform.
• Bragg’s revenue is paid from the operator to Bragg.
• Bragg is removed from operating the actual sites and does not take any bets or wagers Our Revenue Model.

[PickPen]

Actually Bragg is more of a B2B vertical. They have a hub of thousands of casino games they offer to B2C models at a discount. They just entered the Russian gaming market. They have the tools to put anyone who has a gaming license into the online sports betting, casino, and lottery services. I didn’t have enough shares to brag about with GAN but I’m well invested in this one.

[77Port]

Very interesting. Didn't know about GAN but it does look similar, both in terms of business model and in terms of chart. Both sell the software to run the systems. Illinois recently opened sports betting and, I think, started with a London group operating out of New Jersey. Just looked and now it seems there are five options in IL: Draftkings, Fanduel, WilliamHill and PointBet. DKNG is clearly the 800 pound gorilla. Hopefully, Bragg can grow into something competitive enough to give it a run for their money. That would be cool to watch. But this is Illinois, so it will, no doubt, require a lot of grease.
The lottery angle is truly remarkable. A digital form would save a fortune and keep everything cleaner. My dad told stories of the numbers runners on the streets of Chicago in the 1940s, going business to business; the old system of lottery games. Again, getting that contract will take a lot of grease.

[PickPen]

You make a good point. Our markets is the states are in shambles. I had GAN when it was in the same boat as Bragg. Went from around same price to $30+. I’m out of Gan and glad I caught Bragg. The casino sports betting market will be huge in the states. I live in Louisiana and the voters passed online sports betting here. No company as of yet has come to market with a book. I would love to see our lottery system go digital. Bragg has that capability and I think that’s a plus for them to enter the US gaming market. I will hold this till a NASDAQ listing and take some profits then but will keep some for the long haul.
I’m looking forward to the next earnings report.

[77Port]

Yes. All signs seemed to suggest Bragg listing on the Toronto exchange would be a boost. Perhaps this is a head fake. Or, perhaps, the Canadians know better than to buy anything while the Americans are losing their financial minds in order to create a buying opportunity.

[PickPen]

They scared them enough for me to add the last couple of days.

[77Port]

I guess the Torontians want to scare current holders so that they can get their shares cheaper.

[77Port]

You ain't kidding. Not sure if this chart transfers, but set it on MAX years to see how stressed the chart truly is.

https://seekingalpha.com/symbol/BRGGF/chart

I bought in late 2018 when it was Breaking Data Corp, looking like it was stabilizing at a great price. Then Bragg took over and the f-ing stock went into a coma. Not sure why but it wasn't pretty. But Bragg seemed good, so I stayed, buying more in early 2020 once it was clear there were signs of life. And clearly the past few months have been very nice. Let's hope the ducks are all lined up this time.

The way I see it, looking at the max chart, this thing either shoots past $3, all the way to the high point just under $5 in a day, before climbing to $10, or it starts heading sideways as it climbs to $10. But I think we're good either way. Tomorrow begins chapter 1 on the Toronto exchange, so who knows?

My one question is this: the American gaming market is under the influence of some big names. How they will play with Bragg seeking to squeeze into the space? Will Bragg stay separate? Merge? Partner? I hope we're in for some creative fun and not more high stress.

[The_Edge]

Looks like we're filling a gap
We'll see

[budgetthis]

Absolutely correct, Crazedcracker !

We’re back in the $2.00+ range today, I see.......good for us.....!

We graduate to the Toronto Stock Exchange next Wednesday......I think I’ll buy a few more shares to celebrate that event.....lol.

$$ BRGGF $$

[Crazedcracker]

Monster moves are ahead with this stock,scared money will regret the day they sold this over some minor turbulence,I wouldn’t be surprised if this moves up to $4-8 after TSX,potentially double that if it hits the DAQ,world class CEO and no debt,steady growth,this ones a unicorn

[Antoine Doinel]

Check this out! Bragg made it into the article! Music to my ears! $BRGGF
https://www.thestreet.com/.amp/investing/small-cap-stocks-that-could-see-big-gains-in-2021?__twitter_impression=true

[budgetthis]

I completely agree, Antoine !

It trades so pure......low floaters can do that.......

We have a great future here, imho.

$$ BRGGF $$

[Antoine Doinel]

This company is so under-rated and flying under the radar right now, but not for long. Bragg Gaming is going to be one of those rare Cinderella online gaming stocks that is going to amaze people with its growth and financial performance. $BRGGF

[budgetthis]

Well, well, well ,,,,,!

We’re graduating to the big - boy Toronto Exchange,,,,,,,,we start trading there January 27th.

Get your shares below $2,00 while you still can.......time is running out, imho.

$$ BRGGF $$

[77Port]

Just stumbled on this article from today: Bragg enters The Netherlands:

https://finance.yahoo.com/news/bragg-gaming-enters-netherlands-deal-130000841.html

[TrendTrade2016]

the whole sector is flying

[77Port]

What news triggered the past weekend's upswing?

[TrendTrade2016]

BRAG.V what a monster gaming stock...watch what happens next

[TrendTrade2016]

BRAG.V this gaming stock has a super star CEO and that meens a big move is locked here.

[The_Edge]

Enjoy the coffee..
Me too btw..
I'll check it out today
Regards

[The_Edge]

Thanks for the response..
Hope your doing well, happy holidays !

[SilkRoad]

Seems to be doing better than it was after they adjusted their business model. Time will tell.

[The_Edge]

Brggf is doing well

[The_Edge]

Online casinos are going to be big..
Gmgi, brggf

[Peron]

Whats going on here?

Yesterday 36% up, the day before another 9%, now 50% up.

I mean it is highly undervalued but this is crazy ähh great...!

[Peron]

W O W ...