Bragg Gaming Group Secures Gibraltar B2B Remote Gambling License
Bragg Gaming Group has successfully obtained a business-to-business (“B2B”) remote gambling license in Gibraltar, a prominent European hub for iGaming and the operational base for numerous multinational Tier 1 online casino, sportsbook, bingo, and lottery businesses.
Expanding the Service Portfolio
This new permit grants Bragg the capability to provide services to various locally licensed operators in Gibraltar, a British overseas territory that hosts industry giants like Entain, 888, William Hill, bet365, and Lottoland. Bragg’s expanding product portfolio is set to benefit from this strategic move.
Bragg Gaming Group’s strategy is to grow in regulated global markets, and this Gibraltar license is a significant step in that direction. The company already holds B2B licenses in various jurisdictions, including the UK, Malta, Romania, Sweden, Belgium, Greece, four states in the US, and the province of Ontario in Canada.
Growth and Financial Performance
Bragg’s primary focus is on becoming a leading content-driven iGaming B2B provider. The company recently reported an impressive 18.9% increase in revenue, totalling EUR 24.7 million, for the second quarter of 2023 compared to the same period the previous year.
Lara Falzon, President and Chief Operating Officer at Bragg Gaming Group, commented on the license acquisition: “Gibraltar is an important jurisdiction that is home to both UK and international facing companies, and this license will enable us to further expand our presence in key regulated markets. We have seen significant growth over the last few months, entering new markets and boosting our reach in established ones, and this license is an important milestone as we continue our journey.”
Bragg Gaming Group looks forward to collaborating with new partners and introducing its content on its online casino platforms, further solidifying its position as a key player in the global iGaming industry.