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Bragg Gaming Group (OTCMKTS:BRGGF) Stock Bounces Back After The Recent Fall

Madison Hall , , , ,

The Bragg Gaming Group (OTCMKTS:BRGGF) was in the news yesterday after the company announced that it signed deal with online gaming company Novibet over a supply deal related to multi market games. It goes without saying that it was a major development for the company and it was no surprise when investors piled on to the stock on Tuesday.

The Bragg Gaming stock soared by as much as 10% to emerged as one of the notable gainers yesterday. In the initial stages, Bragg’s subsidiary company Oryx Gaming is going to be responsible for providing the games to Novibet in the Greek market.

In this context, it should be noted that Bragg managed to get a license approval in Greece not too long ago and hence, it is possibly a wise starting point for the whole operation. Eventually, the operation is going to be expanded to other nations and in the announcement yesterday, the company announced that the supply deal is going to be expanded to Italy and United Kingdom.

Chris Looney, the Chief Commercial Officer of the company, stated that it is a key partnership for Bragg Gaming in Greece since its content is going to be linked to one of the biggest brands in the country.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.