Bragg Gaming Group acquisition target Spin Games awarded State of Connecticut Online Gaming Service Provider license

Bragg Gaming Group (TSX:BRAG, NASDAQ:BRAG) introduced that the State of Connecticut Department of Consumer Protection has awarded acquisition target Spin Games LLC an Online Gaming Service Provider license. 

Once approvals for complying with the state’s technical requirements are obtained, the license will allow Spin, which agreed to be acquired by Bragg in May, to deploy its ROC Remote Gaming Server platform and its on-line content material by way of state-approved on-line gaming operators once they go reside later this 12 months. 

Connecticut obtained last approval from the US Bureau of Indian Affairs to the revisions it made to the present gaming compacts between the State, the Mashantucket Pequot Tribe and the Mohegan Tribe earlier this month, and Connecticut Governor Ned Lamont anticipates that on-line gaming will likely be out there as early as October, the corporate added.

READ: Bragg Gaming Group to acquire Reno-based Spin Games for US$30M to accelerate its US rollout

“This key regulatory approval confirms the continued power of our firm’s on-line gaming merchandise and provides to our rising record of licensed jurisdictions together with New Jersey, Pennsylvania, and British Columbia, and our provisional license in Michigan,” Spin Games’ chairman and CEO Kent Young mentioned in a press release.

“We look ahead to being half of Connecticut’s enlargement into on-line gaming and are excited to be going reside within the close to future.”

Reno, Nevada-based Spin Games focuses on designing and creating world-class gaming content material and best-in-class interactive applied sciences for regulated business-to-business (B2B) social and actual cash gaming markets. 

Produced in HTML5 format and appropriate throughout desktop and a number of cellular functions, the Spin content material portfolio features a versatile vary of proprietary and third-party titles, every that includes a novel and fascinating theme enhanced with stellar graphics, sounds and options.

Bragg’s acquisition is predicted to shut within the fourth quarter of 2021, topic to regulatory approval. 

North American debut

Separately, Bragg introduced it is going to seem on the Global Gaming Expo (G2E) to be held in Las Vegas in October, showcasing its latest iGaming merchandise from a current string of acquisitions.

The gaming firm has acquired a full suite of new video games from content material studios Wild Streak Gaming and ORYX Gaming, and is about to shut a deal for Spin Games LLC shortly.

G2E would be the firm’s North American debut, in response to Bragg.

Bragg will show a variety of video games, together with in style titles like Lucky Lightning, Congo Cash, and Dragon Power from Wild Streak and Get Hot and Star Chase from Spin Games.

Other merchandise on the occasion will embody its newly branded FUZE Player Engagement Platform and the ORYX Player Account Management iGaming platform.

“Our total staff is delighted to be making our North American debut at one of the largest gaming occasions on the earth as we introduce our current and ongoing consolidation of iGaming trailblazers, together with Wild Streak Gaming, ORYX Gaming and Spin Games at G2E,” mentioned Richard Carter, CEO of Bragg Gaming Group (TSX:BRAG, NASDAQ:BRAG), in a press release.

“From our award-winning participant account administration platform to our confirmed participant engagement suite of merchandise, and throughout our library of the most well liked gaming content material on-line or on land, Bragg Gaming is right here to gentle up G2E and the quickly rising iGaming business.”

Toronto-based Bragg is a rising world gaming expertise and content material group and proprietor of main B2B corporations within the iGaming business.

–Updated to incorporate G2E event–

Angela Harmantas contributed to this report

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