{"id":389023,"date":"2020-11-27T08:03:15","date_gmt":"2020-11-27T13:03:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=389023"},"modified":"2020-11-27T08:03:15","modified_gmt":"2020-11-27T13:03:15","slug":"bragg-gaming-speaks-out-in-support-of-canadian-legalization-of-single-event-sports-betting","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bragg-gaming-speaks-out-in-support-of-canadian-legalization-of-single-event-sports-betting\/","title":{"rendered":"Bragg Gaming Speaks Out in Support of Canadian Legalization of Single-Event Sports Betting"},"content":{"rendered":"

\nOnline gaming provider applauds the federal move toward a more modern, regulated betting market
\n<\/h2>\n
\n

TORONTO, Nov. 27, 2020 (GLOBE NEWSWIRE) — Bragg Gaming Group Inc. (TSXV: BRAG, OTC: BRGGF)<\/a> (\u201cBragg\u201d, the \u201cGroup\u201d or the \u201cCompany\u201d), a Toronto-based and innovative B2B online gaming solution provider, today provides commentary on the Canadian government\u2019s proposed federal legalization of single-event sports betting.<\/p>\n

\u201cWe\u2019re very supportive of the move to legalizing single-event betting,\u201d said Rob Godfrey, Board Member at Bragg Gaming. \u201cJurisdictions around the world are modernizing their gaming regulations to reflect today\u2019s global gaming market, and Canadians \u2013 and the country\u2019s operators \u2013 should have the same ability to place bets as their international peers. The reality is that many Canadians are already placing single-event bets today, but through illegal black-market channels that make them vulnerable. This proposed legislation will move a significant portion of these activities to a safer, more regulated environment that better protects Canadians\u2019 interests while also ensuring a level playing field for Canadian operators.\u201d<\/p>\n

The expected introduction of legislation by Federal Justice Minister David Lametti is focused on legalizing single-event betting within Canada, and is anticipated to end a decades-long prohibition on the practice. Advocates of the legislative update, including Bragg, feel that allowing betting on single events, such as a hockey or baseball game, will go a long way to curbing black market activities which currently sees an estimated $14 billion in bets from Canadians on an annual basis.<\/p>\n

Bragg stands alongside Canadian casinos and other online\u00a0gaming operators who have expressed support as the current restrictions make it harder to compete with their U.S. and international counterparts. Bragg also looks forward to and supports similar legislative updates at the provincial level, driven by the need to increase tourism and jobs, once the federal bill and Criminal Code amendment has passed. While the provinces control gambling operations in the current regulatory landscape, their operations are restricted to \u201cparlay bets\u201d \u2013 a lower-odds bet where individuals must choose the winning team in multiple games to win \u2013 rather than permitting single-event bets legally.<\/p>\n

\n About Bragg Gaming Group<\/strong>
\n
\n Bragg Gaming Group<\/a>
\n Inc.<\/u> (TSXV:BRAG, OTC:BRGGF) is an innovative B2B online gaming solution provider.\u00a0 Leveraging their industry-leading technology, it offers a turnkey solution, including an omni-channel retail, online and mobile iGaming platform, as well as advanced casino content aggregator, sportsbook, lottery, marketing and operational services. Renowned for its rapid and seamless integration, its content aggregator combines casino, slots, live dealer, lottery, virtual sports and instant-win game content from top tier gaming content providers, along with proprietary content, and is fully compliant with major regulated jurisdictions.<\/p>\n

Capitalizing on its current portfolio and through targeted acquisitions, Bragg is focused on becoming a leader within the evolving global gaming industry. Learn more at https:\/\/www.bragg.games<\/a>.<\/p>\n

\n For Bragg Gaming Group, contact:
<\/strong>Yaniv Spielberg, CSO, Bragg Gaming Group Inc.
+1-647-800-2282
info@bragg.games<\/a><\/p>\n

\n For media enquiries or interviews, please contact:
<\/strong>Kelly Morgan, Kaiser & Partners
kelly.morgan@kaiserpartners.com<\/a><\/p>\n

\n For US investor inquiries, please contact:<\/strong>
\n
Laine Yonker, Edison Group
+1-646-653-7035
lyonker@edisongroup.com<\/a><\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Online gaming provider applauds the federal move toward a more modern, regulated betting market TORONTO, Nov. 27, 2020 (GLOBE NEWSWIRE) — Bragg Gaming Group Inc. (TSXV: BRAG, OTC: BRGGF) (\u201cBragg\u201d, the \u201cGroup\u201d or the \u201cCompany\u201d), a Toronto-based and innovative B2B online gaming solution provider, today provides commentary on the Canadian government\u2019s proposed federal legalization of single-event sports betting. \u201cWe\u2019re very supportive of the move to legalizing single-event betting,\u201d said Rob Godfrey, Board Member at Bragg Gaming. \u201cJurisdictions around the world are modernizing their gaming regulations to reflect today\u2019s global gaming market, and Canadians \u2013 and the country\u2019s operators \u2013 should have the same ability to place bets as their international peers. The reality is that many Canadians are already placing … <\/p>\n

Continue reading “Bragg Gaming Speaks Out in Support of Canadian Legalization of Single-Event Sports Betting”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-389023","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBragg Gaming Speaks Out in Support of Canadian Legalization of Single-Event Sports Betting - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bragg-gaming-speaks-out-in-support-of-canadian-legalization-of-single-event-sports-betting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bragg Gaming Speaks Out in Support of Canadian Legalization of Single-Event Sports Betting - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Online gaming provider applauds the federal move toward a more modern, regulated betting market TORONTO, Nov. 27, 2020 (GLOBE NEWSWIRE) — Bragg Gaming Group Inc. (TSXV: BRAG, OTC: BRGGF) (\u201cBragg\u201d, the \u201cGroup\u201d or the \u201cCompany\u201d), a Toronto-based and innovative B2B online gaming solution provider, today provides commentary on the Canadian government\u2019s proposed federal legalization of single-event sports betting. \u201cWe\u2019re very supportive of the move to legalizing single-event betting,\u201d said Rob Godfrey, Board Member at Bragg Gaming. \u201cJurisdictions around the world are modernizing their gaming regulations to reflect today\u2019s global gaming market, and Canadians \u2013 and the country\u2019s operators \u2013 should have the same ability to place bets as their international peers. 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