Bragg Gaming Group Q3: Missed Expectations, Full-Year Goals Intact
Update: 2025-11-13
Description
Bragg Gaming Group reported a Q3 loss, missing analysts predictions, but remains committed to its full-year goals. Despite a 2% revenue increase and 9% rise in adjusted EBITDA, the company faced a 22% drop in the Netherlands due to new rules and taxes. However, strong performances in the US and Brazil offset this, with revenue surging 86% and 80% respectively. Braggs CEO, Matevž Mazij, highlighted the companys diverse business model and ability to adapt to changing regulations. Looking ahead, Bragg plans to expand its reach, launch new content, and secure a new financing deal, maintaining its full-year outlook for 2025.
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