Bragg Gaming Group announces further restructuring to accelerate path to cash generation and a more focused business
An additional reduction of approximately 19 per cent of the global workforce is expected to deliver EUR6m in incremental annualised cost savings, on top of measures announced in January 2026.
Press release.- Bragg Gaming Group announced a further set of organisational and operational measures designed to improve its cost structure, sharpen its strategic focus, and accelerate its path to becoming a sustainable cash-generative business.
The measures include a reduction of approximately 19 per cent of the Company’s global workforce. Bragg anticipates annualised cash savings from these measures of approximately EUR6m once fully implemented. These savings are anticipated to be incremental to the approximately EUR4.5m in annualised cash savings anticipated in connection with the strategic restructuring previously announced on January 8, 2026. Taken together, these measures are expected to deliver approximately EUR10.5m of annualised cash savings.
The Company expects to incur costs of approximately EUR0.6m, associated with personnel-related termination costs, in the second half of 2026 in connection with the restructuring measures announced today, which costs are incremental to the expected costs of the Prior Restructuring.
Together, these steps position Bragg as a leaner, more focused organisation concentrated on its core technology, content, and platform products, and better structured to capitalise on growth opportunities as the global igaming industry continues to regulate and mature.
Matevž Mazij, CEO at Bragg, said: “We believe that the steps we took at the start of the year were the right ones for the business, and today we are going further. These measures are designed to deliver focus, discipline, execution and cash generation. By combining a more focused organisation with the acceleration of our AI-First transformation, we are structurally improving our costs while continuing to protect the technology, content and people that drive our competitive advantage. The measures announced today build directly on the restructuring we announced in January and move us decisively towards sustained cash generation — leaving Bragg leaner, sharper, and well-positioned for growth and the market consolidation opportunities we see ahead as the industry further regulates. I want to sincerely thank the colleagues who are leaving Bragg for their dedication and contribution.”
