Bragg Gaming Group Appoints Matevž Mazij CEO
August 28 2023 - 8:00AM
Business Wire
Matevž Mazij is the Founder of Oryx Gaming
and Chairman of Bragg Board of Directors
Bragg Gaming Group Inc. (NASDAQ: BRAG, TSX: BRAG)
(“Bragg” or the “Company”), a global B2B gaming
technology and content provider, today announced the Board of
Directors (the “Board”) has appointed Matevž Mazij, Chairman of the
Board, as Chief Executive Officer, effective immediately. Mr.
Mazij, Bragg’s largest shareholder and the founder of Oryx Gaming,
the Company's original PAM, aggregation and RGS gaming technology
platforms, which was acquired by Bragg in 2018, takes over as CEO
for Yaniv Sherman, who stepped down. The change was made following
a thorough evaluation by the Board and to ensure the optimal
alignment of the best interests of the company and its
stakeholders.
"On behalf of the Board of Directors and the entire Bragg team,
I would like to thank Yaniv for his leadership, commitment, and
contributions to the Company," said Holly Gagnon, Lead Independent
Director of the Board. "The Board remains focused on supporting the
Company’s senior management team as they continue to execute on
initiatives that drive profitable growth and the creation of new,
sustainable shareholder value. We are confident that as the founder
and visionary of Oryx Gaming, the combination of Matevž’
significant industry experience and deep knowledge of Bragg with
the Company’s experienced senior leadership team favorably
positions Bragg to continue successfully executing on our key
strategic objectives and serve our valued customers and partners
with excellence."
"Following several years of serving on the Board, I am excited
to return to an operational role to lead the Company towards
continued top-line and cash flow growth," said Mr. Mazij. “Bragg
possesses many opportunities to further grow our scale of
operations across North America, Europe and evolving global
regulated iGaming markets. I look forward to working with senior
management and all of our team members to bring fresh perspectives
that can amplify our ability to continue our successful execution
of the growth strategies that we established following the
acquisitions of Wild Streak Gaming and Spin Games in 2021 and 2022,
respectively."
Cautionary Statement Regarding Forward-Looking
Statements
This release contains certain “forward looking statements” and
certain “forward-looking information” as defined under applicable
Canadian securities laws. Forward-looking statements and
information can generally be identified by the use of
forward-looking terminology such as “may”, “will”, “should”,
“expect”, “intend”, “estimate”, “anticipate”, “believe”,
“continue”, “plans” or similar terminology. The forward-looking
information contained herein is provided for the purpose of
assisting readers in understanding management’s current
expectations and plans relating to the future. Readers are
cautioned that such information may not be appropriate for other
purposes.
Forward-looking information is necessarily based on a number of
opinions, assumptions and estimates that, while considered
reasonable by the Company as of the date of this press release, are
subject to known and unknown risks, uncertainties, assumptions and
other factors that may cause the actual results, level of activity,
performance or achievements to be materially different from those
expressed or implied by such forward-looking information, including
but not limited to the factors described in greater detail in the
“Risk Factors” section of the Company’s Annual Information Form
dated March 23, 2023, which is available at www.sedar.com. These
factors are not intended to represent a complete list of the
factors that could affect the Company; however, these factors
should be considered carefully. There can be no assurance that such
estimates and assumptions will prove to be correct. The
forward-looking statements contained in this press release are made
as of the date of this press release, and the Company expressly
disclaims any obligation to update or alter statements containing
any forward-looking information, or the factors or assumptions
underlying them, whether as a result of new information, future
events or otherwise, except as required by law.
About Bragg Gaming Group Inc.
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a content-driven
iGaming technology provider, serving online and land-based gaming
operators with its proprietary and exclusive content, and its
cutting-edge technology. Bragg Studios offer high-performing,
data-driven and passionately crafted casino gaming titles from
in-house brands Wild Streak Gaming, Spin Games, Atomic Slot Lab,
Indigo Magic and Oryx Gaming. Its proprietary content portfolio is
complemented by a range of exclusive titles from carefully selected
studio partners which are Powered By Bragg: games built on Bragg
remote games server (Bragg RGS) technology, distributed via the
Bragg Hub content delivery platform and available exclusively to
Bragg’s customers. Bragg’s modern and flexible omnichannel Player
Account Management (Bragg PAM) platform powers multiple leading
iCasino and sportsbook brands and is supported by expert in-house
managed operational and marketing services. All content delivered
via the Bragg Hub, whether exclusive or from Bragg’s large,
aggregated games portfolio, is managed from a single back-office
and is supported by powerful data analytics tools, as well as
Bragg’s Fuze™ player engagement toolset. Bragg is licensed or
otherwise certified, approved and operational in multiple regulated
iCasino markets globally, including in New Jersey, Pennsylvania,
Michigan, Ontario, the United Kingdom, the Netherlands, Germany,
Sweden, Spain, Malta and Colombia.
Find out more.
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version on businesswire.com: https://www.businesswire.com/news/home/20230828022592/en/
Yaniv Spielberg Chief Strategy Officer Bragg Gaming Group
info@bragg.games
Joseph Jaffoni, Richard Land, James Leahy JCIR 212-835-8500 or
bragg@jcir.com
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