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Bragg Gaming Group Inc. secured US$7 million through a promissory note financing led by entities controlled by Doug Fallon

PUBLIC · BRAGApr 26, 2024

Amount Raised

$7 Million

Round Type

Debt Financing

CanadaOtherMedia And EntertainmentGaming

Investors

Doug Fallon

Description

Bragg Gaming Group Inc. announced the issuance of a secured promissory note in the principal amount of US$7 million to certain entities controlled by Doug Fallon. The note is set to mature on April 25, 2025, and bears interest at an annual rate of 14%.

Quick answer

Bragg Gaming Group raised $7 Million in a Debt Financing round, dated April 26, 2024. Investors: Doug Fallon. Bragg Gaming Group is based in Canada.

How much did Bragg Gaming Group raise?
Bragg Gaming Group raised $7 Million in a Debt Financing round on April 26, 2024.
Who invested in Bragg Gaming Group?
Doug Fallon is named as investors in this round.
What does Bragg Gaming Group do?
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a content-driven iGaming technology provider and owner of leading B2B companies in the iGaming industry.
Where is Bragg Gaming Group based and how big is it?
Bragg Gaming Group is based in Canada. Fundz records about 510 employees.
Who are the decision-makers at Bragg Gaming Group?
Fundz holds 1 contact at Bragg Gaming Group, including the Chief Technology Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Media And Entertainment and Gaming around the same time

Companies in the same sectors as Bragg Gaming Group that raised within 45 days of this round, from Fundz verified event records.

  • Iconic Arts raised $3.1M (Pre-Seed) on May 8, 2024.
  • Parallel Studios raised $35M (Angel) on March 29, 2024.
  • Regard raised $30M (Series B) on June 10, 2024.
  • Third Unicorn Pvt Ltd raised $4M (Seed) on June 8, 2024.
  • Storyblok raised $80M (Series C) on June 4, 2024.
  • Play AI raised $4.3M (Seed) on May 29, 2024.

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Company Information

Company

Bragg Gaming Group

Location

130 King Street West, Suite 1955

Canada

About

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a content-driven iGaming technology provider and owner of leading B2B companies in the iGaming industry. Since its inception in 2018, Bragg has grown to include operations across Europe, North America and Latin America and is expanding into an international force within the global online gaming market. Through its wholly owned subsidiary ORYX Gaming, Bragg delivers proprietary, exclusive and aggregated casino content via its in-house remote games server (RGS) and ORYX Hub distribution platform. ORYX offers a full turnkey iGaming solution, including its Player Account Management (PAM) platform, as well as managed operational and marketing services. Nevada-based Wild Streak Gaming is Bragg's wholly owned premium US gaming content studio. Wild Streak has a popular portfolio of casino games that are offered across land-based, online and social casino operators in global markets including the U.S. and U.K. Nevada-based Spin Games is Bragg’s wholly owned B2B gaming technology and content provider currently servicing the U.S. market. Spin holds licenses in key iGaming-regulated U.S. states and supplies Tier 1 operators in the region. Find out more.

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Related People

1 contact
Verified contactsPeter L., Chief Technology Officer hiddenSee plans and pricing
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Bragg Gaming Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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