- Bragg Gaming Group (TSX:BRAG) launched its full turnkey solution with Czech land-based casino operator Kings Entertainment A.S.
- Kings has a 40 per cent share of the Czech land-based casino market and operates three land-based casinos
- According to H2 Gambling Capital data, the Czech online casino market is projected to achieve roughly US$1 billion in gross win this year, representing 30 per cent growth year-over-year
- Bragg Gaming Group last traded at C$7.62 per share
Bragg Gaming Group (TSX:BRAG) launched its full turnkey solution with Czech land-based casino operator, Kings Entertainment A.S.
Kings will operate its online business in the Czech Republic under the brand Kingsbet.
Under the deal, Bragg will provide Kingsbet with an all-in-one solution with automation and marketing tools to help run its casino and sportsbook operations.
Bragg will give Kingsbet access to its player account management technology, exclusive content from Bragg studios, aggregated online casino content via the Bragg HUB and a fully localized sportsbook integration in partnership with Altenar.
Bragg’s FUZE player engagement toolset for casino and sportsbook is also included, helping boost acquisition, conversion and retention. This is Bragg’s second such partner signed in the Czech Republic.
“We are proud to be chosen to support Kings Entertainment, a leading European entertainment, casino and poker brand with our full-service turnkey solution as they transition their market-leading Czech operations online, Bragg Group’s chief executive officer, Matevž Mazij said in a statement. “The new regulations make this an exciting time to be in the Czech market.”
“Over the past eight months, both teams worked very hard to prepare the launch of “kingsbet.cz” ahead of the EURO championship,” David Vanek, chief executive officer of Kingsbet, added. “I’m proud that we are the first licensed betting and gaming operator in the Czech Republic who have undergone a rigorous and very demanding licensing process and are currently the sole operator fully compliant with the new Gambling Act, effective as of January 2024.”
Kings has a 40 per cent share of the Czech land-based casino market and operates three land-based casinos: the Kings Rozvadov, Admiral Rozvadov and Hilton Prague properties.
According to H2 Gambling Capital data, the Czech online casino market is projected to achieve roughly US$1 billion in gross win this year, representing 30 per cent growth year-over-year.
Bragg Gaming Group Inc. is an iGaming content and technology provider serving online and land-based gaming operators. The company is licensed or otherwise certified, approved and operational in iCasino markets in the United States, Canada, Greece, the Czech Republic, the United Kingdom, the Netherlands, Germany, Sweden, Switzerland, Spain, Malta and Colombia.
Bragg Gaming Group (TSX:BRAG) last traded at C$7.62 per share.
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(Top photo: Bragg Gaming Group.)