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An announcement from Bragg Gaming Group Inc ( (TSE:BRAG) ) is now available.
Bragg Gaming Group has extended its agreement with 711 Group to launch its turnkey solution in the Belgian iGaming market, following its success in the Netherlands. This strategic three-year extension enhances Bragg’s position in regulated iGaming markets and supports 711 Group’s growth by providing a comprehensive suite of technology and content solutions, including the FUZE™ engagement toolset and a diverse content portfolio.
The most recent analyst rating on (TSE:BRAG) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on Bragg Gaming Group Inc stock, see the TSE:BRAG Stock Forecast page.
Spark’s Take on TSE:BRAG Stock
According to Spark, TipRanks’ AI Analyst, TSE:BRAG is a Neutral.
Bragg Gaming Group’s overall score is primarily influenced by strong revenue growth and strategic expansion efforts. However, profitability challenges and a negative valuation score weigh heavily on the stock’s attractiveness. Technical indicators suggest a bearish trend, while recent corporate events and positive earnings call sentiment provide some optimism.
To see Spark’s full report on TSE:BRAG stock, click here.
More about Bragg Gaming Group Inc
Bragg Gaming Group Inc is a leading global B2B iGaming technology and content provider. The company offers proprietary and exclusive content, cutting-edge player account management technology, and high-performing casino game titles. Bragg serves online and land-based gaming operators, distributing games via its Bragg HUB content delivery platform and supporting multiple leading iCasino and sportsbook brands.
Average Trading Volume: 19,098
Technical Sentiment Signal: Sell
Current Market Cap: C$77.11M
Find detailed analytics on BRAG stock on TipRanks’ Stock Analysis page.