Bragg game reports Results of Q2 2025, revenue up 4.9% in annual shift


Bragg Gaming Group published its income results in the second quarter of 2025, with comments from the CEO of the company, Matevz Mazij.
The turnover of 26.1 million euros in T2 2025 ($ 30.5 million) represented an increase of 4.9% compared to T2 2024, while gross profit increased by 10.8% to 13.7 million euros.
Conversely, the adjusted Ebitda dropped from 4.3% to 3.5 million euros, and the adjusted Ebitda margin contracted at 13.3% compared to 14.5%.
Bragg Gaming declared an operating loss of 2.3 million euros, compared to 1.2 million euros in the second quarter of 2024, but outside the Netherlands, income increased by 21% in annual shift and exclusive content income increased by 44%.
The provider of game solutions detailed its strategic initiatives which included expansion in the United States with Fanatics Casino in the three states region and securing exclusive content with Hard Rock Digital. In Brazil, Bragg has strengthened its foot on the Igaming market thanks to a partnership and an investment in Rapidplay.
After the results of the T2 2025, Bragg Gaming confirmed that he had revised his guidance in the year of 2025, providing for revenues of 106 million euros to 108.5 million euros and an adjusted Ebitda of 6.5 million euros to 18.5 million euros, reflecting higher game taxes and market conditions questioning Brazil, Patières and Romania.
Last month, Bragg introduced an emphasis on AI with the appointment of Luka Pataky as executive vice-president of AI innovation.
Bragg Gaming Group reports that the second quarter of 2025 increased by 4.9% in the second quarter from 2024 to 26.1 million euros. Join the #gains Call at 8:30 am he today. $ Boast pic.twitter.com/cgnntwakreq
– Bragg Gaming (@bragg_gaming) August 14, 2025
Position Bragg for sustainable and profitable growth
Bragg CEO, Matevz Mazij, explained that “in our 2024 strategic review, we identified cash flows, integration and margin as key priorities and value engines for Bragg Gaming Group.
“In Q2, we started to focus on integration and optimization. We have identified and activated key areas where we have now optimized our cost structure and have implemented strategies to take advantage of synergies from acquisitions such as spin games and Wild Streak games.
Mazij continued to summarize that “we focus on driving cash flows, integration and margin, and position Bragg for sustainable and profitable growth. “The measures taken in the second quarter position us to reach an Ebitda margin target adjusted to 20% in the second half of 2025.”
Image credit: bragggaming
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