Updated:
Bragg Gaming Group
Bragg Gaming Group, led by CEO Matevž Mazij, supplies proprietary iGaming platform and content solutions to operators globally.
Bragg Gaming Group
Bragg Gaming Group was formed in 2018 through a reverse takeover by Toronto-listed sportsbook operator Breaking Data Corp., acquiring Slovenia-based Oryx Gaming and establishing a global B2B iGaming hub. Mazij, an original Oryx co-founder, stepped in as CEO in August 2022 (per the firm, August 2022). The company is incorporated in Canada but operates its core technology and game development out of its Ljubljana office, with commercial hubs in Las Vegas and London. Bragg operates a full-service iGaming technology stack spanning proprietary remote game server (RGS) technology, a player account management (PAM) platform, managed operational services, and original game content developed in-house. Key proprietary content includes games from its in-house studio, Atomic Slot Lab, and exclusive titles from partner studios under the Powered by Bragg program. Its platform distributes these to major operators like Entain and 888 Holdings in regulated markets. Revenue in 2023 reached €93.2 million, with a significant portion generated from the Dutch market where its platform holds a certified position. The US business covers live deployments in jurisdictions including New Jersey, Michigan, and Ontario (per the firm, October 2023). As of the end of 2023, the firm reported a global headcount heavily weighted toward technical and product roles in Slovenia, with commercial teams in Malta, North America, and the UK. The company trades on the Toronto Stock Exchange (TSX: BRAG) and the Nasdaq (BRAG). In November 2023, Bragg debuted its content in Pennsylvania via Rush Street Interactive, expanding its US state-by-state rollout strategy (per the firm, November 2023). It does not operate a consumer-facing brand, instead licensing its technology as infrastructure to tier-one sportsbook and casino brands. Bragg owns the full proprietary technology stack for its game delivery and aggregation — a structure that differentiates it from pure content studios that must pay third-party distribution fees. Unlike aggregators that only resell third-party games, Bragg controls game creation through its Atomic Slot Lab, giving it a dual revenue stream from both proprietary and third-party content distribution. This vertical integration from game design to platform delivery creates a controlled margin structure that is atypical among its mid-cap B2B peers.
General information
Firm type
Asset Manager
Year founded
2018
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Toronto
Corporate office
Toronto, ON, Canada
Additional offices
Ljubljana, Slovenia · Las Vegas, NV, United States · London, United Kingdom · Sliema, Malta
Principals
Matevž Mazij
CEO
Sector focus
Frequently asked questions
What does Bragg Gaming Group actually do?
Bragg operates as a B2B technology supplier for the iGaming industry. It provides a proprietary remote game server (RGS), a player account management (PAM) platform, and a suite of original casino games developed through its Atomic Slot Lab. Operators like Entain and 888 Holdings integrate Bragg's technology to manage player accounts and deliver slot and table games in regulated markets across Europe and North America.
Who makes the key strategic decisions at Bragg?
CEO Matevž Mazij, a co-founder of Oryx Gaming which was acquired by Bragg in 2018, runs the day-to-day and strategic direction of the company. He reassumed the chief executive role in August 2022 after previously serving as Chairman of the Board, bringing deep product and market-specific knowledge from founding the core European technology operation.
Does Bragg operate any consumer-facing casinos or sportsbooks?
No. Bragg is exclusively a B2B provider. It does not own or operate consumer-facing igaming brands. Revenue comes from licensing platform technology, game distribution fees, and managed services contracts to third-party operators who market directly to players in regulated jurisdictions.
How is Bragg different from a standalone game studio?
Bragg owns both the game development capability and the distribution platform technology. While standalone studios must pay aggregator fees to place their games into operator lobbies, Bragg distributes its proprietary content directly through its own RGS, capturing the full margin. This vertical integration from game creation through Atomic Slot Lab to distribution via its platform creates a distinct cost and margin profile.
In which regulated markets does Bragg generate its most significant revenue?
The Netherlands represents a critical market where Bragg's PAM platform supports leading operators and generates a large share of company revenue. Additional material markets include the United Kingdom, Italy, and a growing US state-by-state rollout encompassing New Jersey, Michigan, Pennsylvania, and the Canadian province of Ontario.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: