08:46 AM EDT, 04/10/2025 (MT Newswires) -- Bragg Gaming Group ( BRAG ) jumped 4.6% at last look Thursday in Nasdaq pre-market trading as it signed a partnership agreement with RapidPlay, a Brazilian game development studio known for its online casino content.

Under the terms, Bragg will receive an equity stake in RapidPlay and has entered into an exclusive commercial distribution agreement with RapidPlay at standard market terms. Bragg also has an option to acquire a controlling interest in RapidPlay. Bragg said the agreement allows the company to integrate and offer RapidPlay's full content portfolio through its expanding base of licensed Brazilian operators.

"This partnership with RapidPlay is more than just an investment - it's a strategic move that strengthens our differentiated local content proposition," said Neill Whyte, chief commercial officer of Bragg. "The studio combines creative excellence with operational efficiency, making it an ideal partner for our expansion efforts in the region."