Bragg Gaming Secures B2B Online Gaming License in Gibraltar

Bragg Gaming has reinforced its standing in controlled gaming sectors by obtaining a B2B online gaming permit in Gibraltar. This highly coveted authorization empowers Bragg to collaborate with a diverse array of operators in Gibraltar, encompassing industry giants such as Entain (proprietor of renowned brands like Ladbrokes and Coral), 888, William Hill, bet365, and Lottoland.

This accomplishment trails Bragg Gaming’s remarkable expansion path, characterized by ventures into fresh markets and a solidified presence in existing ones. Lara Falzon, Chief Executive Officer of Bragg Gaming Group, highlighted the importance of this permit, asserting that it will facilitate the company’s ability to widen its scope within crucial regulated markets.

This announcement follows Bragg Gaming’s noteworthy financial results, with a disclosed revenue surge of 18.9% year-over-year, attaining €24.7 million (roughly US$26.5 million) in the second quarter of 2023. This growth is further emphasized by a significant rise in overall wagers placed on Bragg Gaming’s offerings, escalating to €5.5 billion in contrast to €4.2 billion during the corresponding period the previous year.

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By Daniel "Dice" King

With a Bachelor's degree in Mathematics and a Master's in Actuarial Science, this skilled writer has a deep understanding of the principles of risk assessment and probability theory. They have a keen interest in the application of actuarial methods to the pricing and design of casino games and betting systems. Their articles and news pieces provide readers with a unique perspective on the role of risk management in the gambling industry and the strategies used by casinos to maintain profitability.

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