Bragg Gaming Q2 revenue drops 12% to €22.9 million

• Bragg Gaming Group (NASDAQ:BRAG) reported Q2 2026 revenue of €22.9 million, down 12% year over year, affected by lower Netherlands revenue.
• Adjusted EBITDA remained flat at €3.5 million, while the adjusted EBITDA margin improved to 15% from 13%.
• The company reported growth in proprietary content revenue across Canada and the United States, which increased 44% year over year.

Bragg Gaming Group (NASDAQ:BRAG) reported second-quarter 2026 revenue of €22.9 million, or $26.1 million, down 12% from €26.1 million in the prior-year period, as lower Netherlands revenue affected results.

Revenue from proprietary content deployed in Canada and the United States increased 44% year over year and 25% compared with the first quarter of 2026, while Brazil revenue was unchanged from the prior-year period.

The company reported an operating loss of €1.9 million, an improvement from an operating loss of €2.3 million a year earlier, as reduced operating expenses offset lower revenue and gross profit.

Net loss increased to €2.9 million, or €0.11 per common share, compared with €1.8 million, or €0.07 per share, in Q2 2025, while Adjusted EBITDA remained at €3.5 million.

Bragg Gaming Group provides iGaming content, platform technology, and related services to online gaming operators across regulated markets.

The company reported an adjusted EBITDA margin of 15%, up from 13%, supported by compensation savings from workforce reductions and changes in bad debt provisions, while continuing to expand proprietary content offerings.