Bragg Gaming Group reports its excellent results in the first quarter of 2022 with a turnover of $ 19.4 million.
Excellent, therefore, the beginning of this year for the supplier which operates in various markets regulated in the world.
Continuing to read this article by our experts you will discover about how much the recessed of Bragg has increased since last yearnull But you will be able to understand too where these strong increases come from in the turnover of the company.
Excellent results for Bragg Gaming Group in the first quarter of 2022: the data
The Bragg Gaming results relating to the first quarter of 2022 are decidedly excellent, so much so that they are a Record goal for the company.
The increase year on year, always in relation to the same period, is of the 36,3%, of which almost half come from the new regulated market in the Netherlandsnull In fact, although for this market open in October last year there are no exact data to compare, the company has grossed only from this European country over $ 9.5 million.
Curaçao, of which we talked about in this guide relating to the license for the game released by the country, it has invoiced the company $ 3.6 million (or 32% more compared to the same quarter of 2022). While, The entrances from Malta fell a lot passing from over 9 million $ to only $ 3.1 million.
Overall, in the Bragg results of the first quarter of 2022 Gross profit reached $ 10 millionnull Or 50.6% more than the past year.
The declarations of the company
For the excellent results of Bragg Gaming Group in the first quarter of 2022 spoke Yaniv Spielberg, the company's Chief Strategy Officer.
These are his words: “We plan to increase our presence in Ontario In the coming months through agreements with other large and well -known operators ".
“Our momentum continued in the first quarter, Thanks to the success of the execution of our growth initiatives focused on the offer of a greater number of exclusive games of ownership and third parties with higher margin and on the management of accounts of igaming players, together withongoing expansion in new regulated markets of igaming, which has led to a strong growth of our operational results. ", concluded by saying Yaniv on the Bragg results of the first quarter of 2022.