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Bragg Gaming Group Secures New US$6 Million BMO Credit Facility and Considers Recent Cyber Breach "Now Resolved"
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Bragg Gaming Group Secures New US$6 Million BMO Credit Facility and Considers Recent Cyber Breach "Now Resolved"
Sep 12, 2025 12:17 PM

03:12 PM EDT, 09/12/2025 (MT Newswires) -- Bragg Gaming Group ( BRAG ) was at last look up 3% after saying earlier in Friday afternoon trade that it had secured new debt facilities, and provided an update

Bragg announced it had entered a new financing agreement with the Bank of Montreal (BMO), with up to US$6 million in credit facilities made available to support its ongoing working capital and general corporate requirements. In connection with the closing of the BMO facilities, Bragg has successfully repaid in full the outstanding promissory note with entities controlled by Doug Fallon. The new BMO facilities replace the Prior Note Indebtedness.

Bragg also provided an update on its previously announced cybersecurity incident initially detected on August 16, 2025. It considers that the incident is "now resolved".

It said: "There continues to be no indication that any personal information was affected and the breach has had no impact on the ability of the company to continue its operations. Bragg has also provided assurances to its customers regarding the security of its game titles. The company has experienced no negative impact on its revenue or profitability and does not expect that the cost of responding to the incident will have a material financial impact on the company.

It added: "The Company has already applied knowledge gathered from the investigation of the event to enhance its cyber security defenses."

Bragg Gaming ( BRAG ), an iGaming content and platform technology solutions provider, was last seen trading on the Toronto Stock Exchange at $3.81, up $0.11.

Price: 3.81, Change: +0.11, Percent Change: +2.97

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