B2B gaming technology and content provider Bragg Gaming Group has announced the appointment of Chairman of the Board Matevž Mazij as its new CEO, effective immediately. He will succeed Yaniv Sherman, who held the position for just over a year.
Mazij, who is also Bragg’s largest shareholder, brings a wealth of experience to the role, having founded Oryx Gaming, which was subsequently acquired by Bragg and serves as the foundation for its player account management, remote gaming server, and aggregation platform. Before joining Bragg, he was SVP and head of US for 888.
The leadership change follows an evaluation by Bragg’s board, with the aim of aligning the best interests of the company and its shareholders, a press release notes. Holly Gagnon, the Lead Independent Director of Bragg’s board, expressed gratitude to Yaniv Sherman for his service and welcomed Mazij to the new role.
“The Board remains focused on supporting the company’s senior management team as they continue to execute initiatives that drive profitable growth and the creation of new, sustainable shareholder value,” said Gagnon.
“We are confident that as the founder and visionary of Oryx Gaming, the combination of Matevž’ significant industry experience and deep knowledge of Bragg with the company’s experienced senior leadership team favorably positions Bragg to continue successfully executing our key strategic objectives and serve our valued customers and partners with excellence.”
“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,” said Mazij. “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.”