SectorWire
SearchGet the daily briefing
Menu

Bragg plans to cut 12% of workforce and incur $1.2m in costs

Deals & M&A

Bragg Gaming Group said it plans to reduce its workforce by about 12% in 2026. The company expects termination costs of about $1.2m and long-term savings of up to $5.25m; chief executive Matevž Mazij cited regulatory requirements, tax pressures and a greater focus on short-term profitability.

The planned workforce reduction entails termination costs and anticipated savings as Bragg focuses more on short-term profitability.

Related company prices

Latest reported results

Bragg Gaming NASDAQ: BRAG

Quarter ended 30 June 2026

Revenue
EUR 22.9m

Request a correction

Keep reading

Deals & M&A

Macau Legend extends loan repayments to 2030 under revised terms

Macau Legend Development said revised bank-loan arrangements have extended repayment periods on two facilities to 2030, and that it has begun repayments under the new terms. As of 31 October 2026, HK$1.96 billion remained outstanding on a HK$2.3 billion term facility; the company said HK$4.5 million had been repaid.

Macau Legend Development has begun repaying bank loans under revised arrangements as it works to address the issues behind its auditor’s disclaimer of opinion, the company said. Further steps may still be necessary to resolve those issues.

Continue reading