Bragg Gaming Group Inc. is about to issue more information on its financial state in the foreseeable future. May 14 is expected to witness a conference call regarding the fiscal 2019 earnings and everything recently happening around the gaming giant. The special update is about to start at 8:30 a.m. EST and feature company officials updating everyone interested in the information.
The gaming leader based in Toronto is about to shed more light on its operation over the fiscal 2019 and all the ups and downs the company has been through. Dominic Mansour, Bragg’s Chief Executive Officer; Steven Prowse, Bragg’s Chief Financial Officer; as well as Yaniv Spielberg, Bragg’s Chief Strategy Officer are about to be part of the live meeting shedding more light.
May 14 Sees Conference Call
People interested in joining the call issuing more information regarding the revenue, net income, adjusted EBITDA, and more would have the chance to do so regardless of their residence. The US, Canadian, and UK residents are encouraged to enter the call. The numbers they should dial in order to get in touch are +1 270 215 9892 across North America, or +1 866 997 6681for a toll-free call.
UK residents are welcome to also give Bragg Gaming Group a call at 0 800 917 4860. The passcode for entering the conversation is 9792139. For the individuals unable to tune in for the live conference call, a replay would be available online and they would get the chance to listen to it if they call +1 404 537 3406 or +1 855 859 2056. The passcode for this option remains the same.
Bragg Gaming Group also issued more information on the definitive share purchase agreement with SN&CK Media Limited which was initially revealed on May 1. Last Thursday saw it meet all customary closing conditions. It could be recalled that the first day of this month witnessed the announcement that Bragg Gaming Group wants to sell its media division, part of which is GiveMeSport.
GiveMeSport
It could be recalled that back in 2019, Bragg Gaming Group announced the strategic review of its media division ultimately seeking a purchaser of it. The platform monitoring closely the sports world greenlighted a brand new redesigned look that would aim to attract an even larger crowd down the road. One of the predominant requests concerned the video loading speed and mobile version that elevates the experience.
The new agreement would see Bragg Gaming Group bag a total consideration of up to £400,000 amounting to a payment of £50,000 once the agreement was closed, as well as 10 percent of the gross revenues from the media division over the upcoming 21 months of operation. Dominic Mansour, CEO of Bragg Gaming Group, pointed out that this move would allow the company to focus on its gaming division.
ORYX Gaming would witness a boost of resources as a result of the recent agreement. Niall Coen, CEO of SN&CK Media Limited, recently stated that the new purchase is about to increase the audience across the United Kingdom. It should also make the media the largest on Facebook on a global scale.
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