Bragg announces a new financing agreement with the Banque de Montréal -

Bragg Gaming Group has announced a new financing agreement with the Banque de Montréal, highlighting confidence in long -term growth.

B2B Igaming Company Bragg announced that it had concluded a new financing agreement with the Banque de Montréal, totaling a credit of up to $ 6 million. The company confirmed that it had used the new financial support to reimburse previous debts and promulgate a new strategy to support future growth.

“We are very happy to establish this new relationship with the Banque de Montréal, a recognized leader in financial services,” said Robbie Bressler, Bragg Gaming Group, in the press release. “This new credit facility strengthens our balance sheet and provides us with a flexible capital structure to execute our strategic plan. The ability to obtain funding from a large North American bank highlights confidence in our business and our long-term growth prospects. We look forward to a long and successful partnership with BMO. ”

The company then highlighted its growth objective in the months and years to come, to re -light AI, to partnerships with operators like Fanatics and Hard Rock Digital, and “a strong momentum in the proprietary content and the technological pipeline”.

“Securing this BMO installation represents an essential step in our strategic plan to strengthen the Bragg’s financial foundation and accelerate value creation for our shareholders,” said Matevž Mazij, CEO of Bragg Gaming Group. “With our cybersecurity incident contained and our borrowing costs reduced by more than half, we are focused on the laser in the execution of our strategic transfer to higher quality income. The company favors the margin and the generation of cash on lower margin income, and the synergies carried out the end after the quarter to become a lighter operation.

“We understand the importance of providing results for our shareholders, and our board of directors and our management team are fully aligned and determined to execute strategic initiatives that will stimulate value. With a good strategy and a team in place to unlock Bragg’s potential. assessment. “”

Bragg improves cybersecurity after violation

The company also offered an update on its cybersecurity incident announced previously, detected for the first time on August 16, 2025. The incident was now resolved and the company does not think that personal information has been affected.

Bragg assured customers that his play titles and their data are secure, taking on learning from the incident to improve his cybersecurity defenses.

Star image: bragggaming

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