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Bragg Gaming slips to H1 loss despite Oryx revenue growth

28th August 2019 7:59 am GMT

Shares in Bragg Gaming Group slumped by more than 28 per cent in Toronto Tuesday after the company reported a net loss of CAD$9.6m for the second quarter of 2019 and the launch of a strategic review of its GiveMeSport and GiveMeBet online media assets.

Bragg generated revenue of $18.0m during H1, of which $12.9m was derived from Europe and $5.1m from North America, benefiting from a 49 per cent improvement in revenue from its Oryx Gaming [...]

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