\nBragg Gaming Group (NASDAQ: BRAG<\/a>, TSX: BRAG<\/a>) (\u201cBragg<\/b>\u201d or the \u201cCompany<\/b>\u201d), a leading global B2B iGaming content and technology provider, today announced the acquisition of a strategic equity stake in, and the signing of an exclusive content partnership with RAPIDPLAY LTD (\u201cRapidPlay\u201d), a specialist Brazilian game development studio renowned for its localized, high-performance online casino content tailored to Brazilian and the broader Latin American market.\n<\/p>\n
\nFounded by a team of veteran iGaming experts with deep roots in the region, RapidPlay has rapidly built a reputation for delivering premium, culturally attuned casino content that resonates with local Brazilian and Latin American players.\n<\/p>\n
\nUnder the terms of the agreement, Bragg receives an equity stake in RapidPlay and has entered into an exclusive commercial distribution agreement with RapidPlay at standard market terms.\n<\/p>\n
\nThe agreement allows Bragg to integrate and offer RapidPlay\u2019s full content portfolio through its expanding base of licensed Brazilian operators.\n<\/p>\n
\nRapidPlay\u2019s highly efficient cost development model for producing high-quality, localized content is particularly attractive to Bragg, as it supports rapid scalability and margin efficiency\u2014especially valuable in emerging markets like Brazil and the broader LatAm market.\n<\/p>\n
\nPursuant to the terms of the agreement with RapidPlay, Bragg also has an option to acquire a controlling interest in RapidPlay, should future strategic conditions align.\n<\/p>\n
\nAll titles developed under this partnership will be powered by Fuze\u2122, Bragg\u2019s proprietary engagement technology that features real-time gamification, player retention tools, and promotional capabilities \u2014 enhancing both player experience and operator performance.\n<\/p>\n
\nThis partnership builds on Bragg\u2019s rapid expansion in Brazil, where it launched operations on January 1, 2025, and has already partnered with over one-third of the market\u2019s licensed operators.\n<\/p>\n
\nThe Company\u2019s S\u00e3o Paulo office, led by LatAm Regional Director Sara Mosallaee and Senior Account Manager Amanda Alexandrini, delivers fully localized support and expertise to operators across the region.\n<\/p>\n
\nWith Brazil\u2019s newly regulated online casino market expected to generate USD 1.5 billion in 2025, growing to USD 3.7billion by 2029, Bragg believes that the market could contribute up to 10% of the Company\u2019s total revenue this year\u2014underlining its strategic importance.\n<\/p>\n
Neill Whyte, Chief Commercial Officer, Bragg Gaming Group <\/b>commented: “This partnership with RapidPlay is more than just an investment \u2014 it\u2019s a strategic move that strengthens our differentiated local content proposition.\n<\/p>\n
\n\u201cThe studio combines creative excellence with operational efficiency, making it an ideal partner for our expansion efforts in the region.”\n<\/p>\n
Rafael Roos Bordignon, CEO and Co-Founder of RapidPlay, <\/b>commented:“RapidPlay was founded to create genuinely Brazilian gaming experiences. Joining forces with Bragg gives us the scale and structure to do that with even greater impact. We\u2019re excited to enter this next phase together.\u201d\n<\/p>\n
Cautionary Statement Regarding Forward-Looking Information<\/b><\/p>\n
\nThis news release contains forward-looking statements or \u201cforward-looking information\u201d within the meaning of applicable Canadian securities laws (\u201cforward-looking statements\u201d), including, without limitation, statements with respect to: the Company\u2019s partnership with RapidPlay and the expected benefits and impact thereof, including on the operations and the results of the Company with respect to the Brazilian and Latin America markets and otherwise; and the Company\u2019s strategic growth initiatives and corporate vision and strategy. Forward-looking statements are provided for the purpose of presenting information about management\u2019s current expectations and plans relating to the future and allowing readers to get a better understanding of the Company\u2019s anticipated financial position, results of operations, and operating environment. Often, but not always, forward-looking statements can be identified by the use of words such as \u201cplans\u201d, \u201cexpects\u201d or \u201cdoes not expect\u201d, \u201cis expected\u201d, \u201cbudget\u201d, \u201cscheduled\u201d, \u201cestimates\u201d, \u201cforecasts\u201d, \u201cintends\u201d, \u201canticipates\u201d or \u201cdoes not anticipate\u201d, or \u201cbelieves\u201d, or describes a \u201cgoal\u201d, or variation of such words and phrases or state that certain actions, events or results \u201cmay\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d or \u201cwill\u201d be taken, occur or be achieved.\n<\/p>\n
\nAll forward-looking statements contained in this news release reflect the Company\u2019s beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company\u2019s forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements. The key assumptions that have been made in connection with the forward-looking statements include the regulatory regime governing the business of the Company; the operations of the Company; the products and services of the Company; the Company\u2019s customers; the growth of the Company\u2019s business, meeting minimum listing requirements of the stock exchanges on which the Company\u2019s shares trade; the integration of technology; and the anticipated size and\/or revenue associated with the gaming market globally. Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the following: risks related to the Company\u2019s business and financial position; that the Company may not be able to execute on its partnership with RapidPlay; risks associated with general economic conditions; adverse industry events; future legislative and regulatory developments; the inability to access sufficient capital from internal and external sources; the inability to access sufficient capital on favorable terms; realization of growth estimates including with respect to the Brazilian and Latin America markets and otherwise, income tax and regulatory matters; the ability of the Company to implement its business strategies; competition; economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices; changes in customer demand; disruptions to our technology network including computer systems and software; natural events such as severe weather, fires, floods and earthquakes; any disruptions to operations as a result of the strategic alternatives review process; and risks related to health pandemics and the outbreak of communicable diseases.Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.\n<\/p>\n
\nThe Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except in accordance with applicable securities laws.\n<\/p>\n
About Bragg Gaming Group<\/b><\/p>\n
Bragg Gaming Group<\/a> (NASDAQ: BRAG<\/a>, TSX: BRAG<\/a>) is an iGaming content and platform technology solutions provider serving online and land-based gaming operators with its proprietary and exclusive content, and cutting-edge player account management (\u201cPAM\u201d) technology. Bragg Studios offer high-performing and passionately crafted casino game titles using the latest in data-driven insights from in-house brands including Wild Streak Gaming, Atomic Slot Lab and Indigo Magic. Its proprietary content portfolio is complemented by a selection of exclusive titles from carefully selected studio partners under the Powered By Bragg program. Games built on Bragg\u2019s remote games server (\u201cRGS\u201d) technology are distributed via the Bragg HUB content delivery platform and are available exclusively to Bragg customers. Bragg\u2019s powerful, modular PAM technology powers multiple leading iCasino and sportsbook brands and is supported by expert in-house managed, operational, and marketing services. Content delivered via the Bragg HUB either exclusively or from the Bragg aggregated games portfolio is managed from a single back-office which is supported by a cutting-edge data platform, and Bragg\u2019s award-winning Fuze\u2122 player engagement toolset. Bragg is licensed, certified, or otherwise approved and operational in over 30 regulated iCasino markets globally, including in the U.S, Canada, LatAm and Europe.\n<\/p>\n Join Bragg on Social Media<\/b><\/p>\n X View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250410156418\/en\/<\/a><\/span><\/p>\n For media enquiries or interview requests, please contact: Investors: \nOR\n<\/p>\n
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Robert Simmons, Head of Communications, Bragg Gaming Group
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Robbie Bressler, Chief Financial Officer, Bragg Gaming Group
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