Bragg Gaming Group appoints former Ontario Lottery and Gaming chairman Paul Godfrey as its interim CEO
Bragg Gaming Group (TSX:BRAG, NASDAQ:BRAG) Inc has announced that its chairman, Paul Godfrey, has been appointed as the company’s interim CEO, effective today.
Bragg said it will conduct a strategic review of the overall company, which will include a search for a new CEO, as its track record of exceeding revenue and growth targets over the past six quarters has yet to be reflected in the company’s public market performance.
“While the global online gaming industry continues to grow exponentially, the North American opportunity is a game changer,” Bragg Gaming Group (TSX:BRAG, NASDAQ:BRAG) interim CEO Paul Godfrey said in a statement.
READ: Bragg Gaming sees 3Q revenue rise by 9.9% and lifts guidance as its newest markets perform above expectations
“Bragg’s technology and content is well-positioned to take advantage of this new market’s potential and although Bragg’s operations have continued to outperform over recent quarters, the capital markets strategy has not translated into shareholder value,” Godfrey added.
Godfrey, former chair of the Ontario Lottery and Gaming Corp, held previously roles that included publisher and CEO of Sun Media and president and CEO of the Toronto Blue Jays.
The company noted that Bragg founder and former interim CEO Adam Arviv will take on the role of special advisor to the chair and CEO.
Richard Carter, meanwhile, will step down from the CEO role at Bragg Gaming, effective immediately.
Bragg Gaming is a growing global gaming technology and content group 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.
Contact Sean at [email protected]
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/966282/bragg-gaming-group-appoints-former-ontario-lottery-and-gaming-chairman-paul-godfrey-as-its-interim-ceo-966282.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
| Online: | |
| Visits: | 1,604,704,983 |
| Stories: | 8,154,015 |
Whistler Blowers, Insiders
