Bragg Gaming Group Inc. (BRAG)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Bragg Gaming Group Inc. (BRAG) trades at $1.81 with AI Score 61/100 (Grade B+). Bragg Gaming Group Inc. is a technology and content supplier in the iGaming industry, providing B2B solutions. Market cap: $46.24M, Sector: Technology.
Price live · AI analysis from May 9, 2026BRAG stock analysis for 2026: Analysts have set a consensus price target of $5.96 for Bragg Gaming Group Inc., suggesting 229.6% upside from the current price of $1.81. The AI MoonshotScore is 61/100, indicating a bullish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
BRAG: 2/4 perspectives are bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →Bragg Gaming Group Inc. (BRAG) Technology Profile & Competitive Position
Bragg Gaming Group Inc. delivers B2B online gaming solutions, offering a diverse portfolio of proprietary and third-party content through a unified platform. The company provides managed operational and marketing services to iGaming operators, positioning itself as a comprehensive technology and content partner in the global gaming market.
What Is the Investment Thesis for BRAG?
Bragg Gaming Group Inc. presents an investment opportunity within the expanding iGaming market. The company's comprehensive B2B solutions, including diverse gaming content and managed services, cater to the growing demand from iGaming operators. A key value driver is Bragg's ability to offer a turnkey solution, reducing complexity for its customers. The company's gross margin of 49.3% indicates strong profitability potential. However, the negative profit margin of -7.3% highlights areas needing improvement. Growth catalysts include expansion into new regulated markets and strategic partnerships. Potential risks include increased competition and regulatory changes in the iGaming industry. Investors should monitor Bragg's ability to achieve profitability and sustain growth in a dynamic market.
Based on FMP financials and quantitative analysis
BRAG Key Highlights
- Bragg Gaming Group Inc. operates as a technology and content supplier to the gaming industry.
- The company provides business-to-business online gaming solutions.
- Gross Margin of 49.3% indicates potential for strong profitability.
- Offers a range of games including slot, table, card, video bingo, scratch card, and live dealer games.
- Market Cap of $46.24M reflects its current valuation in the market.
Who Are BRAG's Competitors?
BRAG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| GXAI Gaxos.ai Inc. | $1.13 | -3.02% | $8.45M | 70 |
| GMGI Golden Matrix Group, Inc. | $0.64 | +9.86% | $8.05M | 65 |
| KSFTF Kingsoft Corporation Limited | $2.84 | +5.19% | $3.85B | 63 |
| XDNCF XD Inc. | $2.99 | +10.74% | $1.43B | 63 |
| RBLX Roblox Corporation | $57.48 | +3.74% | $41.16B | 61 |
| POPRF PopReach Corporation | $0.13 | -18.81% | $36.65M | 61 |
| DKI DarkIris Inc. Class A Ordinary Shares | $4.90 | +3.38% | $6.16M | 61 |
| ZNGA Zynga Inc. | $8.18 | -2.04% | 60 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BRAG's Key Strengths?
- Comprehensive B2B online gaming solutions.
- Diverse range of gaming content.
- Integrated platform for content delivery.
- Managed operational and marketing services.
What Are BRAG's Weaknesses?
- Negative profit margin.
- Limited brand recognition compared to larger competitors.
- Dependence on regulatory approvals in various jurisdictions.
- Relatively small market capitalization.
What Could Drive BRAG Stock Higher?
- Potential expansion into newly regulated iGaming markets in North America and Europe.
- Strategic partnerships with game developers to enhance content offerings.
- Continuous improvement and updates to the proprietary technology platform.
What Are the Key Risks for BRAG?
- Financial-distress signal — its Altman Z-Score of 0.83 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-10.1%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Increased competition from larger, more established technology providers.
- Regulatory changes in the iGaming industry impacting market access.
- Technological disruptions rendering existing content or platform obsolete.
- Negative profit margin impacting financial stability.
What Are the Growth Opportunities for BRAG?
- Expansion into New Regulated Markets: The global iGaming market is expanding as more jurisdictions legalize and regulate online gaming. Bragg Gaming Group Inc. has the opportunity to enter these new markets, increasing its customer base and revenue streams. This expansion requires navigating regulatory hurdles and establishing partnerships with local operators. The global online gambling market is projected to reach $127.3 billion by 2027, presenting a significant growth opportunity for Bragg.
- Strategic Partnerships and Acquisitions: Bragg Gaming Group Inc. can pursue strategic partnerships and acquisitions to expand its content portfolio and market reach. Collaborating with established game developers and acquiring complementary technologies can enhance its competitive position. These partnerships can provide access to new markets and technologies, accelerating growth. The timeline for realizing these benefits depends on the successful integration of acquired assets and the execution of partnership agreements.
- Enhancement of Proprietary Technology Platform: Investing in the development and enhancement of its proprietary technology platform is crucial for Bragg Gaming Group Inc. This includes improving the platform's scalability, security, and functionality. A robust platform can attract more customers and enable the delivery of innovative gaming experiences. Continuous improvement of the platform is essential to stay ahead of the competition and meet the evolving needs of iGaming operators. The timeline for these enhancements is ongoing, with regular updates and new features being added.
- Cross-Selling of Managed Services: Bragg Gaming Group Inc. can leverage its existing customer base to cross-sell its managed operational and marketing services. By offering a complete turnkey solution, the company can increase its revenue per customer and strengthen its relationships. This includes providing services such as customer support, payment processing, and marketing campaigns. The market for managed services in the iGaming industry is growing, driven by the increasing complexity of online gaming operations. The timeline for realizing these benefits is immediate, as the company can begin cross-selling services to its existing customers.
- Focus on Mobile Gaming: With the increasing prevalence of mobile devices, Bragg Gaming Group Inc. can focus on optimizing its content and platform for mobile gaming. This includes developing mobile-friendly games and ensuring a seamless user experience on mobile devices. The mobile gaming market is a significant growth driver in the iGaming industry, and Bragg needs to capitalize on this trend to remain competitive. The timeline for this initiative is ongoing, with continuous optimization and development of mobile gaming solutions.
What Opportunities Does BRAG Have?
- Expansion into new regulated markets.
- Strategic partnerships and acquisitions.
- Enhancement of proprietary technology platform.
- Cross-selling of managed services.
What Threats Does BRAG Face?
- Increased competition from established technology providers.
- Regulatory changes in the iGaming industry.
- Technological disruptions.
- Economic downturns affecting consumer spending.
What Are BRAG's Competitive Advantages?
- Proprietary Technology Platform: Bragg's integrated platform provides a competitive advantage by streamlining content delivery and management.
- Content Distribution Rights: Exclusive partnerships with third-party studios give Bragg access to unique and popular gaming content.
- Turnkey Solutions: Offering managed operational and marketing services alongside gaming content creates a comprehensive solution for iGaming operators.
- Established Relationships: Long-standing relationships with iGaming operators provide a stable revenue stream and opportunities for expansion.
What Does BRAG Do?
Bragg Gaming Group Inc., headquartered in Toronto, Canada, operates as a technology and content supplier to the global gaming industry. The company focuses on providing business-to-business (B2B) online gaming solutions. Bragg offers a comprehensive suite of services, including a diverse range of games such as slot, table, card, video bingo, scratch card, live dealer games, and virtual sports. These games are delivered through a single, integrated platform, streamlining the integration process for its iGaming operator customers. In addition to its gaming content, Bragg provides managed operational and marketing services. This turnkey solution allows iGaming operators to outsource key functions, enabling them to focus on other aspects of their business. Bragg also holds content distribution rights through partnerships with selected third-party studios, expanding its content offerings and market reach. The company's focus on providing a complete solution, from content to operational support, positions it as a key player in the iGaming technology space.
What Products and Services Does BRAG Offer?
- Provides business-to-business online gaming solutions.
- Offers a range of games, including slot, table, card, video bingo, scratch card, and live dealer games.
- Delivers virtual sports gaming content.
- Provides managed operational services to iGaming operators.
- Offers marketing services to iGaming operators.
- Provides proprietary third-party gaming content through a single integrated platform.
- Holds content distribution rights through partnerships with selected third-party studios.
How Does BRAG Make Money?
- Generates revenue by providing gaming content to iGaming operators.
- Earns fees for providing managed operational services.
- Receives income from marketing services offered to iGaming operators.
What Industry Does BRAG Operate In?
Bragg Gaming Group Inc. operates within the rapidly growing iGaming industry. The market is characterized by increasing adoption of online gaming platforms and the expansion of regulated markets globally. The competitive landscape includes established technology providers and emerging content studios. Bragg differentiates itself by offering a comprehensive B2B solution, combining diverse gaming content with managed services. The company's success depends on its ability to adapt to evolving regulatory environments and maintain a competitive edge through innovation and strategic partnerships.
Who Are BRAG's Key Customers?
- iGaming operators worldwide.
- Online casinos.
- Gaming platforms.
Company Profile
Bragg Gaming Group Inc. operates in the Electronic Gaming & Multimedia industry within the Technology sector. It is headquartered in Toronto, CA. The company is led by CEO Matevz Mazij. BRAG has traded publicly since 2018.
ROE -10%Key Financial Metrics
Return on equity for Bragg Gaming Group Inc. stands at -10.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -2.4%, showing how much profit it generates from its asset base. BRAG trades at a trailing price-to-earnings ratio of 82.50, above the Technology sector average of ~38x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.94 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
BRAG Valuation & Market Position
With a $46.24M market cap, Bragg Gaming Group Inc. sits in the micro-cap segment of the market. Relative to its peer group, BRAG's quantitative score of 61/100 is roughly in line with the peer average of 64/100.
Quarterly Financial Performance: Bragg Gaming Group Inc.
Revenue for Bragg Gaming Group Inc. came in at $25.7M during Q1 2026, a 7.7% contraction versus the preceding quarter. The company recorded a net loss of $1.2M, with diluted EPS of $-0.05. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Technology. Across the four most recent quarters, BRAG averaged $-0.06 in diluted EPS.
F-Score 3/9Financial Health
Bragg Gaming Group Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.83 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Bragg Gaming Group Inc. revenue of about $100.2M for fiscal 2026, with EPS near $-0.12. The estimate reflects 3 contributing analysts.
BRAG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Bragg Gaming's growth potential, indicating that those closest to the company believe in its future.
- Community sentiment has turned increasingly positive, with discussions highlighting the company's innovative product offerings and market positioning.
- The online gaming sector continues to expand, and Bragg's strategic partnerships enhance its competitive edge in this growing market.
- Recent announcements of regulatory approvals in key markets have bolstered investor optimism around Bragg's operational capabilities.
Bear Case
- Concerns about market saturation in the online gaming industry have led some investors to question Bragg's long-term growth prospects.
- Negative sentiment from community discussions points to potential challenges in scaling operations amid increasing competition.
- Recent earnings reports have raised flags regarding revenue consistency, leading to skepticism about the company's financial health.
- Market volatility and economic uncertainties have made investors cautious, with some viewing Bragg as a risky investment in the current climate.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $26M | -$1M | -$0.05 |
| Q4 2025 | $28M | -$1M | -$0.05 |
| Q3 2025 | $27M | -$2M | -$0.09 |
| Q2 2025 | $26M | -$2M | -$0.07 |
Based on FMP financials and quantitative analysis
BRAG Latest News
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12 Consumer Discretionary Stocks Moving In Thursday's Pre-Market Session
benzinga · Jun 25, 2026
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Bragg Gaming Group Announces Results from Annual Meeting of Shareholders
Yahoo! Finance: BRAG News · Jun 18, 2026
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12 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session
benzinga · Jun 16, 2026
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Maxim Group Maintains Buy on Bragg Gaming Group, Lowers Price Target to $6
benzinga · Jun 9, 2026
BRAG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BRAG.
Price Targets
Consensus target: $5.96
BRAG MoonshotScore
What does this score mean?
The MoonshotScore rates BRAG's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
12 Consumer Discretionary Stocks Moving In Thursday's Pre-Market Session
Bragg Gaming Group Announces Results from Annual Meeting of Shareholders
12 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session
Maxim Group Maintains Buy on Bragg Gaming Group, Lowers Price Target to $6
Leadership: Matevz Mazij
CEO
Matevz Mazij is the CEO of Bragg Gaming Group Inc. He has extensive experience in the gaming industry, with a background in technology and business development. Prior to joining Bragg, he held leadership positions at various gaming companies, where he focused on driving innovation and growth. His expertise includes strategic planning, product development, and market expansion. He is responsible for overseeing Bragg's global operations and executing its growth strategy.
Track Record: Under Matevz Mazij's leadership, Bragg Gaming Group Inc. has expanded its content portfolio and entered new regulated markets. He has focused on strengthening the company's technology platform and building strategic partnerships. Key achievements include increasing the company's revenue and improving its market position. He has also overseen the integration of acquired assets and the launch of new gaming products.
Common Questions About BRAG (Technology)
What does Bragg Gaming Group Inc. do?
Bragg Gaming Group Inc. operates as a technology and content supplier to the iGaming industry. The company provides business-to-business (B2B) online gaming solutions, offering a range of games, including slot, table, card, video bingo, scratch card, and live dealer games, as well as virtual sports. Bragg also provides managed operational and marketing services to iGaming operators, offering a turnkey solution. The company's focus is on providing a complete solution, from content to operational support, positioning it as a key player in the iGaming technology space.
What do analysts say about BRAG stock?
Analyst coverage of Bragg Gaming Group Inc. focuses on its growth potential within the expanding iGaming market. Key valuation metrics include revenue growth and gross margin. Analysts consider the company's ability to expand into new regulated markets and form strategic partnerships as key growth drivers. Investors should monitor the company's financial performance and strategic initiatives to assess its long-term potential. The company's negative profit margin is a point of concern.
What are the main risks for BRAG?
Bragg Gaming Group Inc. faces several risks, including increased competition from larger technology providers, regulatory changes in the iGaming industry, and technological disruptions. The company's reliance on regulatory approvals in various jurisdictions exposes it to potential delays and uncertainties. Additionally, economic downturns could affect consumer spending on online gaming, impacting revenue. The company's negative profit margin also poses a financial risk, requiring careful management of expenses and revenue growth.
What are the key factors to evaluate for BRAG?
Bragg Gaming Group Inc. (BRAG) holds an AI score of 61/100 (moderate). P/E: 82.5x vs the S&P 500's ~20-25x. Analysts target $5.96 (+230%). Not financial advice.
How frequently does BRAG data refresh on this page?
BRAG prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BRAG's recent stock price performance?
Bragg Gaming Group Inc. (BRAG) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Comprehensive B2B online gaming solutions. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BRAG overvalued or undervalued right now?
Bragg Gaming Group Inc. (BRAG) trades at 82.5x earnings. Analysts target $5.96 (+230%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying BRAG?
Before investing in Bragg Gaming Group Inc. (BRAG), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Financial metrics are based on the most recent available data.