Bragg Gaming Group has reported its second-quarter 2025 income outcomes, with commentary from the corporate’s Chief Government Officer, Matevz Mazij.
Q2 2025 income of €26.1 million ($30.5 million) represented a 4.9% enhance from Q2 2024, whereas gross revenue spiked 10.8% to €13.7 million.
Conversely, adjusted EBITDA fell 4.3% to €3.5 million, and the adjusted EBITDA margin contracted to 13.3% from 14.5%.
Bragg Gaming reported an working lack of €2.3 million, in comparison with €1.2 million in Q2 2024, however other than the Netherlands, income grew 21% year-over-year, and proprietary content material income surged by 44%.
The gaming options supplier detailed its strategic initiatives that included enlargement in the US with Fanatics On line casino within the Tri-State space and securing an unique content material take care of Laborious Rock Digital. In Brazil, Bragg strengthened its foothold within the iGaming market via a partnership and funding in RapidPlay.
Following the Q2 2025 results, Bragg Gaming confirmed it had revised its 2025 full-year steering, projecting income of €106 million to €108.5 million and adjusted EBITDA of €6.5 million to €18.5 million, reflecting larger gaming taxes and difficult market situations in Brazil, the Netherlands, and Romania.
Final month, Bragg launched a higher deal with AI with the appointment of Luka Pataky as government vp of AI innovation.
Bragg Gaming Group Reviews Second Quarter 2025 Income Improve 4.9% over the Second Quarter of 2024 to EUR 26.1M. Be a part of the #earnings name at 8.30am ET in the present day.https://t.co/RispZzvd3M $BRAG pic.twitter.com/cgNtwakREq
— Bragg Gaming (@Bragg_Gaming) August 14, 2025
Positioning Bragg for sustainable, worthwhile progress
Bragg CEO Matevz Mazij defined that “In our 2024 strategic evaluation, we recognized money circulation, integration and margin as key priorities and worth drivers for Bragg Gaming Group.
“In Q2 we started to deal with integration and optimization. We recognized and actioned key areas the place we have now now optimized our value construction and have applied methods to leverage synergies from acquisitions resembling Spin Video games and Wild Streak Gaming.
Mazij continued to summarize that “we’re centered on driving money circulation, integration, and margin, and positioning Bragg for sustainable, worthwhile progress. “The actions taken in Q2 place us to attain a 20% Adjusted EBITDA Margin goal within the second half of 2025.”
Picture credit score: BraggGaming
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