TORONTO, Could 05, 2022–(BUSINESS WIRE)–Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or the “Firm”), a world B2B gaming know-how and content material supplier, introduced right now that Alex Spiro was appointed to serve on the Audit Committee of the Board of Administrators and that Rob Godfrey resigned from the Audit Committee. Each modifications occurred Could 1, 2022. Reflecting these modifications, the Firm’s Audit Committee is comprised of Paul Pathak (Chair), Holly Gagnon and Alex Spiro. Every of those three members of the Audit Committee meet the standards for director independence set forth in Rule 10A-3(b)(1) below the Securities Alternate Act of 1934.
On Could 4, 2022 Bragg acquired discover from the Nasdaq Inventory Alternate (“Nasdaq”) notifying it that previous to the above famous modifications within the composition of the Audit Committee, the Firm was not in compliance with Nasdaq’s Itemizing Rule 5810(b) which requires that there should be three unbiased administrators serving on the Audit Committee. The non-compliance was the results of Paul Godfrey being appointed Interim Chief Govt Officer on November 15, 2021 which brought on Rob Godfrey to now not be unbiased because of a household relationship. With the above famous modifications within the composition of the Board, Bragg is now in compliance with Nasdaq Itemizing Rule 5810(b).
About Bragg Gaming Group
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a rising international gaming know-how and content material group and proprietor of main B2B corporations within the iGaming business. Since its inception in 2018, Bragg has grown to incorporate operations throughout Europe, North America and Latin America and is increasing into a world power inside the international on-line gaming market.
By its wholly-owned subsidiary ORYX Gaming, Bragg delivers proprietary, unique and aggregated on line casino content material through its in-house distant video games server (RGS) and ORYX Hub distribution platform. ORYX provides a full turnkey iGaming answer, together with its Participant Account Administration (PAM) platform, in addition to managed operational and advertising and marketing companies.
Nevada-based Wild Streak Gaming is Bragg’s wholly owned premium US gaming content material studio. Wild Streak has a well-liked portfolio of on line casino video games which might be provided throughout land-based, on-line and social on line casino operators in international markets together with the U.S. and U.Ok.
In Could 2021, Bragg introduced its deliberate acquisition of Nevada-based Spin Video games, B2B gaming know-how and content material supplier presently servicing the U.S. market. Spin holds licenses in key iGaming-regulated U.S. states and provides Tier 1 operators within the area.
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