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Bragg withdraws 2026 guidance after Q2 revenue falls 12% to €22.9m

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Bragg Gaming Group withdrew its 2026 financial guidance after revenue for the three months ended 30 June fell 12% year on year to €22.9 million. Adjusted EBITDA was €3.5 million, while net loss widened to €2.9 million. The company said it withdrew its outlook because it lacked sufficient operating history for the combined business following its Drayton International acquisition.

Investors and suppliers lose a full-year performance reference as Bragg integrates its acquired business.

End-of-day close Kambi (KAMBI), SEK, to 25 September 2026
Story date29 June 202625 September 2026

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Bragg Gaming NASDAQ: BRAG

Quarter ended 30 June 2026

Revenue
EUR 22.9m

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Kambi lifts Q3 revenue 23% to €46m as Brazil ban impact remains limited

Kambi reported third-quarter revenue of €46m, up 23% from €37.4m a year earlier, and said the Brazilian online betting ban would have a limited financial effect on its 2026 performance. Year-to-date revenue increased 13% to €135.4m, with the company citing partner diversification, including agreements with Ontario Lottery and Gaming Corporation and Pari Mutuel Urbain, as revenue support.

Kambi said the ban on online betting in Brazil, announced in September, will not significantly affect its performance in 2026. The company reported higher third-quarter revenue, which rose 23% year on year from €37.4m in the third quarter of 2025 to €46m.

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