Bragg Gaming Expands Operations Through Deal With FanDuel

Article by : Erik Gibbs Aug 4, 2023

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Bragg Gaming Group, a prominent company in the world of online gaming, has added a new partnership to its growing list. It announced this week that it had introduced its advanced content and Remote Games Server (RGS) technology to the FanDuel Group. This achievement has been successfully implemented in the US states of Michigan and Connecticut.

FanDuel users in the two states can enjoy a varied collection of exclusive games, such as Atomic Slot Lab, Indigo Magic, and Spin Games. In addition, they can look forward to accessing a range of other games from Bragg’s portfolio in the near future. These games include popular titles from Bragg’s supported partner companies like Bluberry, Incredible Technologies, Galaxy Gaming, Sega Sammy Creation, and King Show Games.

Bragg and FanDuel’s recent collaboration in Michigan and Connecticut indicates the further expansion of their partnership across North America. Bragg’s Spin Games content, in association with an operator in New Jersey and Ontario, has already been successfully established.

Starting in June, the company initiated the implementation of its innovative Bragg Studios content exclusively for FanDuel in Ontario. It has also already appeared in Pennsylvania through a partnership with gaming operator Rush Street Interactive.

Yaniv Sherman, the CEO of Bragg Gaming Group and former Head of US for 888 Holdings, said in the announcement of the partnership that this is a great opportunity to expand Bragg’s footprint in North America. Its aim is to provide iGaming leaders with top-notch services and introduce new games that are expected to drive lasting growth.

In addition, according to Sherman, the successful implementation of new strategies in Michigan and Connecticut is reflected in the launch of FanDuel games and unique technologies. The expansion of Bragg’s association with FanDuel is an opportunity that will allow the company to provide their customers with enriching content that enhances their involvement and loyalty.

Bragg achieved remarkable financial accomplishments in 2022, showcasing exceptional performance across key metrics. The company achieved unprecedented levels of revenue, gross profit and EBITDA (earnings before interest, taxes, depreciation and amortization). Notably, its annual income surged by 45.2% to €84.7 million (US$92.68 million). This upward trajectory persisted in the fourth quarter, with a further 50.3% boost in income to reach €23.7 million (US$25.93 million).