Bragg Gaming Targeted in Cybersecurity Breach
Bragg Gaming Group has disclosed that it was recently targeted in a cybersecurity incident, confirming that the breach was identified in the early hours of August 16. The company, which operates as a global provider of business-to-business iGaming content and technology, stated that the intrusion appeared to have been confined to its internal computer systems and did not compromise personal data.
LISTEN TO THIS ARTICLE:The company explained that no evidence has been found to suggest that the attack resulted in the leak of customer or partner information. It emphasized that the breach has not restricted its access to data or disrupted day-to-day operations, which rules out the likelihood of a ransomware attack. In a ransomware event, victims typically lose access to their systems or files until a ransom is paid, but Bragg said this scenario does not apply to its situation.
Related: Jackpot Junction Casino Hotel Shuts Down Amid CyberattackIn response to the incident, Bragg moved quickly to put mitigation measures in place. The company has engaged cybersecurity specialists to assess the scope of the breach and guide recovery efforts. These experts are working with Bragg's internal teams to ensure that the company adheres to established industry standards for security and data protection while rectifying the issue.
Bragg assured stakeholders that safeguarding the information entrusted to it remains a top priority. It underscored its commitment to maintaining strong protections for clients and partners and acknowledged the potential concern that such incidents can cause. The company has called on its customers and business partners to remain patient as it continues to address the matter thoroughly and responsibly.
According to the company, its operations remain unaffected, with services continuing to run normally despite the breach. Bragg confirmed that no restrictions have been placed on its ability to provide content and technology solutions to the gaming industry. The company also committed to issuing timely updates as further information becomes available, ensuring that stakeholders are kept informed throughout the investigation and remediation process.
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Bragg Sees Revenue Spike in Q2
The disclosure comes on the heels of Bragg's financial update for the second quarter of 2025. The company reported that revenue for the period reached $30.4 million, representing growth compared to the same quarter in the previous year. However, adjusted EBITDA fell to $4.1 million, highlighting challenges in profitability even as revenue expanded.
Despite the decline in adjusted EBITDA, Bragg reiterated its focus on achieving higher-quality earnings. Management reaffirmed full-year projections, anticipating revenue in the range of $123.4 million to $126.3 million and adjusted EBITDA between $19.2 million and $21.5 million. The figures demonstrate the company's confidence in its long-term strategy, even as it navigates short-term difficulties, including the cybersecurity breach.
The cybersecurity incident and the financial results together mark an important period for Bragg Gaming, as it balances the need for operational resilience with the pursuit of growth in a competitive iGaming market. The company continues to emphasize that the security of its systems and the trust of its partners are central to its business model, and the swift engagement of outside experts underscores its proactive stance in managing risk.
Bragg's handling of the situation highlights the increasing importance of cybersecurity in the digital gaming sector. With rising threats across the industry, the company's actions reflect broader pressures on technology providers to invest in protective measures and ensure continuity of service. While the investigation into the breach is ongoing, Bragg has maintained that it is fully committed to transparency and the protection of sensitive business information.
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