Casino News

Bragg Gaming Group Paves the Way to Success with New Leader

Bragg Gaming Group announced on March 24, 2021, that the corporation will be welcoming a brand-new CEO in the near future. The parent company of ORYX Gaming has informed that its Founder and interim CEO Adam Arviv has appointed a new CEO who will take over the company. Starting from May 1, 2021, Richard Carter will be taking over the position.

Bragg Gaming Group is one of the leading gaming providers around and it is prominent for its B2B technology. The company has established itself in North America and in Europe and it is continuing to grow rapidly. Mr. Arviv is the Founder of the gaming provider and to this day he remains one of the biggest stakeholders in the company.

What’s to Come?

Mr. Arviv is determined to take the company even further, and the appointment of the prominent gambling industry expert Richard Carter might just do the trick. Mr. Carter will take over as the company’s CEO starting from May 1, 2021. For the time being Mr. Arviv will continue to lead the corporation as an interim CEO, and his term was quite successful by leading the negotiations and delf of the ORYX Gaming’s acquisition.

The Founder of the company commented on the brand-new CEO assignment by stating Mr. Carter is the perfect candidate who will be able to follow the company’s ambitions of global expansion. Additionally, he stated that the new CEO has already proven himself in the gambling field by helping with the launch of SBTech in the U.S. before the company was sold to DraftKings.

After the announcement Mr. Carter himself also commented on his new responsibility, he stated that the company’s new aim is to further prove itself in the B2B gaming sector. Also, according to him, 2020 was a very prolific year for the gaming provider and the objective is to maintain the momentum going into 2021. He explained that the corporation will be focusing on the rapidly growing North American iGaming market.

Board Member of the gaming supplier Paul Godfrey expressed his gratitude towards Mr. Arviv for his active commitment as a founder and investor in the company. According to Mr. Godfrey, Mr. Arviv is the main reason for the company’s recent success after he had taken the position of interim CEO. And when the new CEO takes his place, the founder and investor will continue to help out as a chief advisor to the board and the president.

Q3 Results for 2019

The prominent gaming platform provider has recorded a significant surge in revenue for the third quarter of 2019. A 13% revenue jump was reported for this quarter compared to the 2019’ second quarter. For the period from July to September 30, 2019, the corporation has accumulated over CA$10 million in revenue thanks to its many partnerships and broad portfolio of gaming solutions, thus further cementing the provider’s leading status in the North American gaming sector.

Europe Expansion

And on a more recent set of news, the content provider has decided to expands its reach on the European gaming market with a deal that will allow its subsidiary ORYX Gaming to enter the continent’s gaming fields. The subsidiary corporation has announced a deal with the famous omni-channel platform provider of SYNOT INTERACTIVE which is part of the SYNOT Group and EASIT. Through this deal, the company will be able to distribute its content to MaxBet in Serbia, Joker in Latvia, and Slovakia via Tipos.

Source: Muirhead, Calum “Bragg Gaming Group appoints Richard Carter as new CEO”, Proactive Investors, March 24, 2021