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Pulse


CONSOLIDATIONS AND MERGERS BRAGG GAMING & SPIN GAMES


Richard Carter, CEO, Bragg Gaming


Kent Young, Founder & CEO Spin Games


the Oryx transaction (December 21, 2018), was renamed Bragg Gaming Group and all the management and directors were changed. It was, for all intents and purposes (but not legally), a reverse takeover.


Kent, what was it that interested you in joining forces with Bragg?


Spin is in an interesting position in the market. We have excellent distribution across North America as one of the first to enter the iGaming space in New Jersey, which means we’re very well entrenched in the market. We’ve grown as a business with the expectation that the US market would take-off - and fortunately it did.


Tere are several reasons to join Bragg at this point. As a private business we were watching all this potential growth and we were considering the best way forward. When we started discussing combining Bragg and Spin it ticked so many boxes. First and foremost, we require resources as a company to grow. Developing an expanding market takes lots of resources and Bragg brings that to the table as a combined force to penetrate further into North America.


Secondly, the technology fit is excellent. We obviously have our own RGS (remote gaming server) integration into the majority of PAMs (player account management platforms) with operators in New Jersey, Michigan and Pennsylvania, so adding Bragg’s technology stack takes Spin to the leading edge of this industry. It’s winning combination, both from a technology perspective for all the reasons that Richard covered, but also because it allows us to improve our content delivery mechanism.


Te Oryx RGS has a significant amount of quality content, both exclusive, original and third-party that’s been very successful in Europe - a lot of which we think will translate very well into North America. Add these two pieces to our existing content, combining a whole new range with the ability to access even more content, and we bring to market an unparalleled force.


NEWSWIRE / INTERACTIVE / MARKET DATA P71


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