Bragg Gaming Group’s (BRAG.T) subsidiary, Oryx Gaming, received their license from the Hellenic Gaming Commission to supply content through its remote games server to Greek operators today, according to a press release.
This marks full activity and compliance with regulatory requirements for Oryx in this jurisdiction, which moved from an interim framework to full regulation, falling in line with other European countries in recent years. This license gives Oryx the chance to supply its Greek customers with online casino brands anticipated to go online in the market using its Oryx Hub platform.
“Greece has the potential to become an important market for the group and this license underpins our commitment to our customers in the jurisdiction and represents a new milestone for us in our plans for expansion in regulated markets in Europe, North America and globally,” said Chris Looney, chief commercial officer for Bragg.
Bragg Gaming Group is a global gaming tech and content-creation group that also owns business-to-business sales based companies in the iGaming industry. They sell video game and online gambling content to the casinos. Most of their expansion related news has been about Europe lately, but they’re also in North and Latin America, but with an eye towards further expansion into the global online gaming market.
“Our technology is flexible, and it gives us the agility to adapt quickly to new market regulations, and we look forward to launching in many more new markets over the coming quarters with our in-house developed content, our player engagement tools and exclusive third-party content. We have a superb new roadmap of exclusive games coming up, including an increasing proportion from our own in-house studios, and we can’t wait to bring them to Greek slots fans,” Looney said.
Oryx has licenses in Malta and Romania, but they’re certified for and can offer to countries including Sweden, Denmark, Spain, Portugal, Czech Republic, Croatia, Serbia, Switzerland, Gibraltar, Estonia, Latvia, Colombia, and the The Netherlands when their market opens in Q4 2021. They’re also in the process for getting licenses in the UK, Belgium, Italy and select U.S. states.
Bragg is up 17.6% on the news and trading presently at $11.78.
—Joseph Morton
