Bragg Gaming Group (TSXV: BRAG, OTC: BRGGF)
("
Bragg" or the "
Company") is
pleased to announce that Canadian publishing magnate and former
Chair of Ontario Lottery and Gaming Corp Paul Godfrey has been
appointed to the Board of Directors of Bragg, effective today.
“Paul’s extensive experience in the media,
gaming and sports worlds will be invaluable as we move forward with
our rapid growth plans,” noted Adam Arviv, CEO of Bragg Gaming
Group. “We’re extremely pleased to have him join the championship
team that we’re building and look forward to his guidance.”
Mr. Godfrey’s experience in the Canadian gaming
industry will also prove valuable as the Canadian government moves
forward with their recently announced proposed federal legalization
of single-event sports betting. Mr. Godfrey will guide Bragg’s
strategy in this evolving market.
“I’m very excited to join the Bragg team,” said
Mr. Godfrey. “They’ve had an exceptional year in 2020 and are on
track to becoming a leader in the world gaming space. I’m happy to
add my expertise to the mission.”
Mr. Godfrey is a renowned business leader and
Canadian politician. He was the Founder of Postmedia in 2010 and
held the role of President and CEO of Postmedia Network. He
continues to act as Chair of Postmedia. Mr. Godfrey holds the role
of Chairman of the Board of Trustees of RioCan Real Estate
Investment Trust (REI-UN.TO), and is on the Board of Directors of
Canadian-based airline Cargojet (CJT.TO). He also previously held
the role of Publisher and CEO of the Toronto Sun Publishing. Mr.
Godfrey is a recipient of the Order of Canada and of the Order of
Ontario.
Mr. Godfrey was also an active participant in
multiple Canadian professional sports organizations. As the former
President and CEO of the Toronto Blue Jays, he was a member of the
team that built Toronto’s SkyDome, now known as Rogers Centre,
which was the first stadium to have a fully retractable
motorized roof. Prior to his high-profile business career, Mr.
Godfrey was a prominent Canadian politician, acting as an alderman
and subsequently, Chairman of Metropolitan Toronto.
About Bragg Gaming Group Bragg
Gaming Group (TSXV: BRAG, OTC: BRGGF) is a next generation gaming
group with cutting-edge technology, leading brands and world-class
management expertise, developing into a global gaming force. Formed
by a team of gaming industry experts, Bragg's main portfolio asset
is ORYX Gaming, an innovative business-to-business i-gaming
platform, product aggregator, casino content, managed sportsbook
and managed services provider.
Through this brand and targeted acquisitions,
Bragg is focused on becoming a leader within the evolving global
gaming industry. Learn more at https://www.bragg.games.
For Bragg Gaming Group, contact:
Yaniv Spielberg, CSO, Bragg Gaming Group info@bragg.games
For media enquiries or interviews, please
contact: Kelly Morgankelly.morgan@kaiserpartners.com
For investor inquiries, please
contact: Tim Dawson, Bragg Gaming Group
tim@bragg.games
Cautionary Statement Regarding
Forward-Looking Information
This news release may contain forward-looking
statements or "forward-looking information" within the meaning of
applicable Canadian securities laws ("forward-looking statements").
Often, but not always, forward-looking statements can be identified
by the use of words such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or describes a "goal", or variation of such words and
phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be
achieved.
All forward-looking statements reflect the
Company's 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's 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
following: the impact of COVID-19 on the business of Bragg; the
countercyclical growth of the business of Bragg; the regulatory
regime governing the business of Bragg; the operations of the
Company; the products and services of the Company; Bragg's
customers; acquisition opportunities; the growth of Bragg's
business, which may not be achieved or realized within the time
frames stated or at all; 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 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, income tax and regulatory matters; the ability of Bragg
to implement its business strategies; competition; economic and
financial conditions, including volatility in interest and exchange
rates, commodity and equity prices; the estimated size of the
gaming market globally; changes in customer demand; disruptions to
our technology network including computer systems and software;
natural events such as severe weather, fires, floods and
earthquakes; and risks related to health pandemics and the outbreak
of communicable diseases, such as the current outbreak of
COVID-19.
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.
The 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.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release.
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