Bragg Gaming beat its first quarter expectations, CEO Dominic Mansour said in a company update.

Oryx, the firm's igaming platform, signed with 22 customers in the first quarter and grew revenue 83 per cent to US$7m.

Brag restructured the Givemesport sports media business, which continues to grow fans and followers on social media.

The company also closed down non-core operations, signed public relations agencies in Canada and New York and made its first steps toward establishing investor relations, he said.

Brag has all the ingredients it needs to succeed in US sports betting, will make employee investments to drive sales and will potentially partner with others to ensure its offering is the best in the market, Mansour said.

The Toronto Ventures Exchange stock has a market value of CAD$31m.

Source: Fantini’s Gaming Report