Bragg Gaming Group said on 12 September 2025 that it had agreed credit facilities with Bank of Montreal of up to US$6m, replacing a note owed to entities controlled by Doug Fallon. The secured facilities are repayable on demand, on specified insolvency events or by the first anniversary of closing, unless BMO grants a one-year extension.
The replacement financing sets new borrowing terms and financial covenants for Bragg.
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Betty and Bragg Gaming Group have launched a content partnership in Ontario, giving Betty players access to slots and games from Bragg’s studios and partner studios. Bragg said the agreement adds to its operator partnerships in the province.
Bragg Gaming Group has appointed Luka Pataky, formerly a senior vice-president at Sportradar, as its executive vice-president of AI and innovation. Bragg said Pataky will work with its technology teams on an AI strategy spanning product development, user experience, safer gambling and internal processes.
Bragg Gaming Group appointed Scott Milford executive vice-president of group content, with responsibility for game development and strategy across its studios. The company said he will also support its Powered by Bragg programme as it pursues growth in the US and other markets.
Bragg Gaming Group has taken an equity stake in Brazilian game studio RapidPlay and signed an exclusive commercial distribution agreement, the company said. Bragg also holds an option to acquire a controlling stake; the partners plan to develop titles for Bragg’s portfolio using its Fuze technology.
Bragg Gaming Group said Matevž Mazij stepped down as chief executive on 6 November, with chief operating officer Morten Tonnesen taking over on an interim basis. Mazij will become a strategic adviser, while Bragg is due to report third-quarter 2026 results on 13 November.
Bragg Gaming Group CEO Matevž Mazij stepped down on 6 November, with chief operating officer Morten Tonnesen taking over temporarily, according to the company. Mazij will become a strategic adviser without day-to-day management responsibilities.