Bragg Gaming (TSXV:BRAG) - Oryx Gaming's Managing Director, Matevz Mazij
Oryx Gaming's Managing Director, Matevz Mazij
Source: ORYX Gaming
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Bragg Gaming Group (BRAG) subsidiary ORYX Gaming has signed a multi-jurisdictional distribution deal with Kaizen Gaming
  • Under the agreement, ORYX will make its RGS content and ORYX Hub content available in various regulated jurisdictions
  • Kaizen will also gain full access to ORYX’s Data Platform and Player Engagement Tools, including free rounds, tournaments, and leaderboards
  • The deal will cover distribution across Kaizen’s operations in Greece, as well as Germany, Brazil, Romania, and Portugal
  • Bragg Gaming Group (BRAG) is down 2.47 per cent and is currently trading for C$0.79 per share

Bragg Gaming Group (BRAG) subsidiary ORYX Gaming has signed a multi-jurisdictional distribution deal with Kaizen Gaming.

Kaizen is the leading gaming technology company in Greece, as well as one of the fastest-growing in Europe. 

Its financial report from this year’s second quarter showed a 16 per cent increase in year-on-year revenue. Despite a decline in sports revenue because of the COVID-19 pandemic, this was offset by growth in the company’s casino operations.

Under the agreement, ORYX will make its RGS content and extensive ORYX Hub content available in various regulated jurisdictions. Kaizen will also gain full access to ORYX’s Data Platform and Player Engagement Tools, including free rounds, tournaments, and leaderboards. 

This deal will cover distribution across Kaizen’s operations in Greece, under the Stoiximan brand. It will also extend to Germany, Brazil, Romania, and Portugal, where Kaizen has established strong market positions under its international brand, Betano.

Earlier this month, ORYX’s content went live in Greece, with further rollouts of products in the other regions planned for November and December. 

ORYX Gaming’s Managing Director, Matevz Mazij, commented on the company’s distribution deal with Kaizen Gaming.

“As we continue our growth strategy, we strive to find strong commercial partners and Stoiximan fits that criteria perfectly with its leading market position in several regions.

“This partnership will see our content reach a wide player group across regulated markets and we’re very excited about seeing the results of our cooperation,” he said.

Bragg Gaming Group (BRAG) is down 2.47 per cent and is trading for C$0.79 per share, as of 10:10am EST.

More From The Market Herald
MAD Lions Laurë

" OverActive Media (TSXV:OAM) signs its first all-female esports team

OverActive (OAM) announced its entry into VALORANT Game Changers, by signing a fully female Spanish roster to compete as MAD Lions Laurë.

" WildBrain (TSX:WILD) to acquire House of Cool

WildBrain (WILD) will acquire House of Cool, a top pre-production company in the global animation industry.

" Fobi (TSXV:FOBI) signs $10M deal with BevWorks Brands

Fobi (FOBI) has signed a five-year C$10 million licensing agreement with BevWorks Brands.

" AMPD Ventures (CSE:AMPD) announces layoffs

AMPD Ventures (AMPD) has laid off seven employees at its AMPD Technologies (Canada) subsidiary.