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Bragg Gaming Acquires Spin Games


Bragg Gaming Group (TSX:BRAG, OTC:BRGGD), a global B2B gaming technology and content provider, is to acquire Spin Games LLC, a Reno, Nevada-based B2B gaming technology and content provider currently servicing the US market.
Throught the merger, Bragg has agreed to acquire Spin for approximately USD30m. Under the deal, the sellers of Spin will receive USD10m in cash and USD20m in common shares of Bragg of which USD5m in common shares will be issued on closing and the balance over the next three years.
The transaction, which will close following final approval from state gaming regulators and satisfaction of other customary closing conditions, will allow Bragg to diversify its revenue from European markets and establish US operating presence setting to capitalize on the growing US and Canadian online casino markets as also shown by ....

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Bragg Gaming Group Inc to acquire Reno-based Spin Games LLC for US$30M to accelerate its US rollout


Bragg Gaming Group to acquire Reno-based Spin Games for US$30M to accelerate its US rollout
The transaction will establish Bragg’s US operating footprint and give it access to key strategic operator relationships in the US
Toronto-based Bragg is hoping to capitalize on the growing US and Canadian online casino markets
Bragg Gaming Group (TSE:BRAG) (OTCMKTS:BRGGD) has announced that it is acquiring Nevada gaming company Spin Games LLC in a bid to fast track its growth in the US iGaming market.
The US$30 million cash and share deal sees Bragg acquiring Spin, a Reno-based B2B gaming technology and content provider. ....

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