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SBC Leaders: Why technology is an 'enabler' for player entertainment

SBC Leaders: Why technology is an 'enabler' for player entertainment
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GI Games Integrations: Pariplay, Playzido, Spin Games and more

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ORYX Gaming Owner Buys Nevada Online Casino Games Maker

May 13, 2021, 1:03 pm
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Gambling technology firm Bragg Gaming Group is set to acquire Reno, Nevada-based technology and iGaming content provider Spin Games in a deal that will strengthen the former’s US footprint and help it grow in that lucrative space.
Under the terms of a tie-up agreement between the two companies, Bragg would purchase Spin Games in a cash and stock transaction for a total purchase price of $30 million.
The deal will see the sellers of Spin Games receive
$10 million in cash and $20 million in common Bragg shares, of which $5 million worth in common shares will be issued upon the transaction’s closure and the balance would be issued over the next three years. ....

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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 Accelerates Entry into the US iGaming Market; Acquires Nevada-Based Spin Games

Press release content from Business Wire. The AP news staff was not involved in its creation. ....

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