Data Transforms Your
E-commerce Solution

FREE WEB CONFERENCE

October 8th

E-commerce ROI
in 30 Days
Thru Data & Search

On Demand
More Information: www.b2becommercesuccess.com
Paid Advertising Banner

Increasing Support Could Boost the Mobile Gaming Industry


NEW YORK, March 18, 2021 /PRNewswire/ — The number of smartphone users will grow beyond 4 billion users by 2023, which means the revenue from mobile gaming seems likely to grow as well, with experts projecting that revenue from the industry will cross the $100 billion mark by 2023. The rollout of 5G is one of the factors pushing the growth in the use of smartphones and also presents an opportunity for players to engage more with their favorite games. Favorable regulatory developments across different jurisdictions have also made online gambling a lucrative field for gambling companies such as Bragg Gaming (TSX:BRAG) (OTCQX:BRGGF), 888 Holdings (OTCPK:EIHDF), GAN Limited (NASDAQ:GAN), Golden Nugget Gaming (NASDAQ:GNOG), and Rush Street Interactive (NYSE:RSI). 

Bragg Expands Its Reach into Mobile Gaming

Bragg Gaming Group Inc (TSX:BRAG) (OTCQX:BRGGF) is a B2B online gaming solution provider that offers turnkey solutions for retail, online, and mobile gaming through its proprietary iGaming platform that includes a sportsbook, an advanced casino content aggregator, lottery, marketing, and operational services.

Bragg recently announced that the company, through its fully-owned subsidiary ORYX Gaming, will take Croatian land-based operator Senator online with a complete turnkey solution.

Senator operates 17 casinos in Croatia and will have the opportunity to leverage ORYX’s proprietary set of tools, which include player and payments management, CRM and promotions, bonuses and rewards, fraud, rules engine, compliance, analytics and reporting, and CMS.

“The regulated market in Croatia is enjoying great growth and we have had great success in this jurisdiction so far,” said Matevž Mazij, Managing Director of ORYX Gaming. “Our turnkey solution provides our partners with everything they need for a successful casino, sportsbook, and lottery operation. Senator is an established and respected local operator, so to have been chosen by them to facilitate their entry into the online space is an honour. Our high-quality products and diverse content will allow them to hit the ground running with a premium online offering.”

“As the popularity of online gaming goes from strength to strength in Croatia, we are excited about taking our knowledge and expertise to launch an online offering for our existing customer base as well as a completely new audience,” said Dimitar Deskoski, CEO of Senator.

As part of its rapidly expanding international presence in mobile gaming, Bragg also announced a revenue-sharing agreement between its subsidiary ORYX and Premier Gaming.

The licensing agreement gives Premier Gaming access to an extensive library of games from ORYX’s exclusive RGS providers, such as GAMOMAT, Kalamba Games, Givme Games, Golden Hero, CandleBets, Peter & Sons, and Arcadem.

“Premier Gaming offers a number of fast-growing brands with a vast customer base. We are excited to have added our premium content to their casino lobbies,” said Matevž Mazij, Managing Director of ORYX Gaming. “Our games portfolio includes the best titles in the industry with a wide player appeal. The licensing agreement with Premier Gaming strengthens our brand and significantly extends our market reach.”

Bragg Gaming has already secured deals in the Dutch, German, Swiss, and Spanish markets as it seems to expand into North American and Latin American markets.

Partnerships Part of Strategic Plans for Gaming Industry

888 Holdings (OTC:EIHDF) has formed partnerships that allow it to expand into the blossoming mobile gaming industry. Some of these partnerships include one with Catfish Bend Casinos in Burlington, which allows the company to operate legally in Iowa. The company also announced a multi-year extension of its exclusive B2B poker partnership with Caesars Interactive Entertainment. The extended agreement will allow 888 to continue to power the World Series of Poker (“WSOP”) brand’s online poker rooms as the company plans its entry into new regulated markets.

GAN Limited (NASDAQ:GAN), a leading B2B supplier of internet gambling software-as-a-service solutions predominantly to the US land-based casino industry, is also looking to expand its market share through key partnerships with other players in the online gambling space. Towards this end, GAN Limited entered a content licensing agreement and partnership with High 5 Games. The Agreement will bring High 5’s award-winning content onto GAN’s US Real Money Gaming (“RMG”) platform, and bring the total content library GAN offers to over 800 games.

Golden Nugget Gaming (NASDAQ:GNOG) announced that it entered into a definitive agreement with Tioga Downs Race Track, LLC. for future online gaming market access in the state of New York, subject to legislation, regulatory approval, license eligibility, and availability. The announcement comes after a record year in New Jersey and a launch in Michigan. New York is part of the company’s strategy, even as it looks forward to the state embracing online gaming. The company is looking to expand its market reach in the US where it is uniquely positioned to capitalize on the gains the gaming industry promises.

Rush Street Interactive (NYSE:RSI) was the first company to launch regulated online gaming in the states of Indiana, Colorado, and Illinois. The company in February announced that it has entered a strategic agreement with Penn National Gaming, Inc., which gives Rush Street Interactive the ability to offer its award-winning BetRivers.com real-money online casino and sports betting platform for up to 20 years in Ohio, Maryland, and Missouri. The agreement also provides Rush Street Interactive with a right of the first offer for a potential skin in Texas through Penn National subject to state law and regulatory approvals, among others. The company also expects to enter more partnerships and deals with key industry players as more opportunities to expand into the gaming market arise.

The penetration of mobile use and gaming is creating growth opportunities for companies such as Bragg Gaming Group Inc., which are already taking strategic steps to prepare for the blossoming mobile gaming market.

Disclaimer:  Microsmallcap.com (MSC) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with MSC or any company mentioned herein. The commentary, views and opinions expressed in this release by MSC are solely those of MSC and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable MSC and FNM for any investment decisions by their readers or subscribers. MSC and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

The Article and content related to the profiled company represent the personal and subjective views of the Author (MSC), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (MSC) has not independently verified or otherwise investigated all such information. None of the Author, MSC, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated twenty five hundred dollars by MSC, a non-affiliated third party to distribute this release on behalf of Bragg Gaming Group

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MSC and FNM undertake no obligation to update such statements.

Media Contact:

 FN Media Group, LLC 
 [email protected] 
 +1(561)325-8757

SOURCE Microsmallcap.com



Source link