Bragg Gaming Group Inc (BRAG)

[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.