Ricardo Cornejo Rivas, Vice President of Online Gaming at Caesars Digital, stated: "Expanding our premier online casino content catalog remains our focus. We are proud of our partnership with Bragg, and this expansion is a positive step in our journey to deliver a superior experience for online casino players."
At the beginning of this month, Matevž Mazij, CEO of Bragg, expressed confidence in the company's prospects for the second half of this year and 2025, following a new quarterly record set in the second financial quarter.
Mazij added that the provider has diversified its business, venturing into various growing igaming markets and product verticals. However, compared to the same period last year, gross profit and adjusted EBITDA have declined.
In July, Caesars Entertainment announced its second-quarter results, revealing that its Caesars Digital division achieved a new high in adjusted EBITDA for the quarter, but the total net loss for the quarter also significantly increased.
Tom Reeg, CEO of Caesars Entertainment, expressed optimism about balanced growth for 2024, citing "strong operational trends" in Las Vegas and digital areas, and the anticipated opening of the permanent facility in Danville, along with a $430 million capital investment in the renamed Caesars New Orleans.
