Bragg Gaming Group Inc, a global B2B gaming technology and content provider, on Monday announced that the Board of Directors has appointed Matevž Mazij, Chairman of the Board, as Chief Executive Officer, effective immediately.
Mr Mazij is Bragg’s largest shareholder and the founder of Oryx Gaming, the company’s original PAM, aggregation and RGS gaming technology platforms, which was acquired by Bragg in 2018. He takes over as CEO for Yaniv Sherman, who stepped down.
The change was made following a thorough evaluation by the Board, Bragg said in a statement, and to ensure the optimal alignment of the best interests of the company and its stakeholders.
“On behalf of the Board of Directors and the entire Bragg team, I would like to thank Yaniv for his leadership, commitment, and contributions to the company,” said Holly Gagnon, Lead Independent Director of the Board.
“The Board remains focused on supporting the company’s senior management team as they continue to execute on initiatives that drive profitable growth and the creation of new, sustainable shareholder value. We are confident that as the founder and visionary of Oryx Gaming, the combination of Matevž’ signficant industry experience and deep knowledge of Bragg with the Company’s experienced senior leadership team favorably positions Bragg to continue successfully executing on our key strategic objectives and serve our valued customers and partners with excellence.”
Commenting on the appointment, Mr Mazij said: “Following several years of serving on the Board, I am excited to return to an operational role to lead the Company towards continued top-line and cash flow growth.”
“Bragg possesses many opportunities to further grow our scale of operations across North America, Europe and evolving global regulated iGaming markets. I look forward to working with senior management and all of our team members to bring fresh perspectives that can amplify our ability to continue our successful execution of the growth strategies that we established following the acquisitions of Wild Streak Gaming and Spin Games in 2021 and 2022, respectively.”
Bragg Gaming is headquartered in Toronto, Canada, with offices in Malta, India, Slovenia, the UK and the US.
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