{"id":179929,"date":"2021-07-16T11:19:53","date_gmt":"2021-07-16T18:19:53","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=179929"},"modified":"2021-07-16T13:27:41","modified_gmt":"2021-07-16T20:27:41","slug":"bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/","title":{"rendered":"Bragg Gaming Issues Upbeat Q2 Sales Guidance, Says Nasdaq Listing on Pace for Q3"},"content":{"rendered":"

Canadian gaming technology provider Bragg Gaming (OTC:BRGGF) said earlier this week its second-quarter revenue should surge 23.5 percent on a year-over-year basis. It could also list its shares on the Nasdaq Stock Market sometime in the current quarter.<\/p>\n

\"Bragg
The image above illustrates the menu of online casino games offered by Bragg Gaming’s Oryx unit. The company forecast a big jump in second-quarter revenue. (Image: Proactive Investors<\/em>)<\/figcaption><\/figure>\n

In March, the company said it’s planning to bring its equity to the Nasdaq<\/a>, asking investors at that time to approve a share consolidation or reverse split to boost its share price. That’s in an effort to meet the exchange’s listing requirements.<\/p>\n

Currently, the company\u2019s US-listed shares trade over-the-counter and trade around $8.70 at this writing. Bragg’s market capitalization is $173.56 million, putting the stock at the higher end of micro-cap territory.<\/p>\n

The company has filed an application for the direct listing of its shares on the Nasdaq Stock Exchange. The company remains committed to this goal, and expects to complete the direct listing of its shares on the NASDAQ exchange in Q3 2021,\u201d according to a statement.<\/p><\/blockquote>\n

Bragg’s plan for a US listing comes amid expectations for exponential growth in the North American iGaming market<\/a>, which the small Canadian outfit is levered to.<\/p>\n

Bragg Financial Update<\/h2>\n

The company forecast revenue of $17.7 million for the April through June period. That represents a 23.5 percent increase on a year-over-year basis and a 5.7 percent jump from the first quarter.<\/p>\n

\n

Bragg said that the second-quarter figure is \u201cpre-acquisition.\u201d The company continues integrating its purchase of Wild Streak Gaming and expects to close on the previously announced deal for its Spin Games acquisition later this year.<\/p>\n<\/div>\n

\u201cThe integration and performance of Wild Streak Gaming and the anticipated closing of the Spin Games acquisition later this year will position Bragg to leverage our existing technology platform, which includes in-demand player engagement tools, with new proprietary content and customer relationships positioning Bragg to address the large US iGaming market opportunity,\u201d said Bragg CEO Richard Carter in the statement.<\/p>\n

Those aforementioned transactions indicate Bragg is an active participant in iGaming consolidation<\/a>. Analysts are saying will be persistent for some time.<\/p>\n

More Bragg Details<\/h2>\n

The Canadian company forecast sales of $34.5 million for the first half of 2021 and notes its full-year top-line guidance remains unchanged at $55.5 million. Going forward, it’s possible revenue will rise thanks to the Wild Streak purchase.<\/p>\n

\u201cIn Q2 2021, Wild Streak launched two online casino games: Amazing Money Machine and Lucky Lightning. These games, together with Congo Cash and Temujin Treasures (launched in Q1 2021), have demonstrated solid performance (e.g., wagering, gross gaming revenue, and unique players),\u201d according to Bragg.<\/p>\n

Wild Streak is operational in seven internet casino markets, including New Jersey and the UK. Bragg reports second-quarter results on Aug. 11.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Canadian gaming technology provider Bragg Gaming (OTC:BRGGF) said earlier this week its second-quarter revenue should surge 23.5 percent on a year-over-year basis. It could also list its shares on the Nasdaq Stock Market sometime in the current quarter. In March, the company said it’s planning to bring its equity to the Nasdaq, asking investors at […]<\/p>\n","protected":false},"author":46,"featured_media":179930,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,19],"tags":[],"acf":[],"yoast_head":"\nBragg Gaming Lifts Q2 Sales Guidance, Nasdaq Listing Still Possible in Q3<\/title>\n<meta name=\"description\" content=\"Bragg Gaming is on course for a Nasdaq listing in the current quarter and lifted its second-quarter forecast.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bragg Gaming Lifts Q2 Sales Guidance, Nasdaq Listing Still Possible in Q3\" \/>\n<meta property=\"og:description\" content=\"Bragg Gaming is on course for a Nasdaq listing in the current quarter and lifted its second-quarter forecast.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-16T18:19:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-16T20:27:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/bragg.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"740\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/\",\"url\":\"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/\",\"name\":\"Bragg Gaming Lifts Q2 Sales Guidance, Nasdaq Listing Still Possible in Q3\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/bragg.jpg\",\"datePublished\":\"2021-07-16T18:19:53+00:00\",\"dateModified\":\"2021-07-16T20:27:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Bragg Gaming is on course for a Nasdaq listing in the current quarter and lifted its second-quarter forecast.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/bragg.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/bragg.jpg\",\"width\":1200,\"height\":740,\"caption\":\"A menu of online casino games offered by Bragg Gaming's Oryx unit. The company forecast a big jump in second-quarter revenue. (Image: Proactive Investors)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial\",\"item\":\"https:\/\/www.casino.org\/news\/financial\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Bragg Gaming Issues Upbeat Q2 Sales Guidance, Says Nasdaq Listing on Pace for Q3\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\",\"name\":\"Todd Shriber\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"caption\":\"Todd Shriber\"},\"description\":\"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/todd-shriber\",\"https:\/\/www.linkedin.com\/in\/toddshriber\/\",\"https:\/\/x.com\/etfgodfather\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/todd-shriber\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bragg Gaming Lifts Q2 Sales Guidance, Nasdaq Listing Still Possible in Q3","description":"Bragg Gaming is on course for a Nasdaq listing in the current quarter and lifted its second-quarter forecast.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Bragg Gaming Lifts Q2 Sales Guidance, Nasdaq Listing Still Possible in Q3","og_description":"Bragg Gaming is on course for a Nasdaq listing in the current quarter and lifted its second-quarter forecast.","og_url":"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2021-07-16T18:19:53+00:00","article_modified_time":"2021-07-16T20:27:41+00:00","og_image":[{"width":1200,"height":740,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/bragg.jpg","type":"image\/jpeg"}],"author":"Todd Shriber","twitter_card":"summary_large_image","twitter_creator":"@etfgodfather","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Todd Shriber","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/","url":"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/","name":"Bragg Gaming Lifts Q2 Sales Guidance, Nasdaq Listing Still Possible in Q3","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/bragg.jpg","datePublished":"2021-07-16T18:19:53+00:00","dateModified":"2021-07-16T20:27:41+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85"},"description":"Bragg Gaming is on course for a Nasdaq listing in the current quarter and lifted its second-quarter forecast.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/bragg.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/bragg.jpg","width":1200,"height":740,"caption":"A menu of online casino games offered by Bragg Gaming's Oryx unit. The company forecast a big jump in second-quarter revenue. (Image: Proactive Investors)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/bragg-gaming-lifts-q2-sales-guidance-nasdaq-listing-still-possible-in-q3\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Financial","item":"https:\/\/www.casino.org\/news\/financial\/"},{"@type":"ListItem","position":3,"name":"Bragg Gaming Issues Upbeat Q2 Sales Guidance, Says Nasdaq Listing on Pace for Q3"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85","name":"Todd Shriber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","caption":"Todd Shriber"},"description":"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.","sameAs":["https:\/\/muckrack.com\/todd-shriber","https:\/\/www.linkedin.com\/in\/toddshriber\/","https:\/\/x.com\/etfgodfather"],"url":"https:\/\/www.casino.org\/news\/author\/todd-shriber\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/179929"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=179929"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/179929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/179930"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=179929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=179929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=179929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}