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Stock impact report

Bragg Gaming Group Announces Strategic Restructuring to Reduce Cost Structure and Improve Operating Performance

Bragg Gaming Group Inc. - Common Shares (BRAG) 
Company Research Source: Business Wire
Structural cost changes designed to secure a resilient financial foundation for 2026 and beyond The core of Bragg's strategic overhaul centers on an ambitious AI transformation plan, targeting an AI-First company by 2027Preparing for further regulation and consolidation in several global markets and capitalizing on opportunities related to the emergence of Prediction Markets and Historical Racing operators, among others TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or the “Company”), a leading iGaming content and technology provider, today announced a strategic restructuring, including staff reductions, designed to realign the organization and thereby improve its overall cost structure, drive its EBITDA growth, and shorten the time required for it to achieve sustained net profitability.Following the restructuring, Bragg will reduce approximately 12% of its global workforce. The Company expects to incur restructuring costs related to this action of Show less Read more
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