ragg board member Richard Carter has stepped into the role of CEO of the company, as of May 1, 2021, Bragg Gaming Group announced Monday.
In addition, board member Paul Godfrey assumed the role of Chair of the Board and board member Lara Falzon moved to the role of Audit Committee Chair, both effective Monday.
“Carter joins as Group CEO at a key point in the Company’s growth and evolution, with an aggressive global growth strategy underway, including expansion into the burgeoning North American IGaming market and an anticipated launch on the Nasdaq exchange," the company said in a press release. "His significant industry knowledge and extensive global network will be integral to Bragg’s future growth trajectory.”
Carter was CEO of sports betting solutions and services provider SBTech for five years before joining the Bragg Board of Directors in the fall of 2020.
Carter commented in a press release: ”I’m excited to be leading Bragg in its next phase of growth and helping to shape the future of the company, as we continue to provide next-generation premium content and tools to our B2B partners. Bragg has the cutting-edge technology, data-driven insights, player engagement tools, and premium content that ideally positions the Company to capture an increasing proportion of the global iGaming market. I’m eager to leverage these strengths to expand Bragg in both our core European markets and in the rapidly growing North American iGaming market.”
Adam Arviv, board member and co-founder of Bragg, has made the decision to step down from the Board. Besides, Arviv, as a strategic investor in the company, will continue on in his capacity as a strategic advisor to Bragg.
Board member Jim Ryan made the decision not to stand for re-election to the Board to pursue his own ventures. "The board wishes Ryan the best of luck and is grateful for all he has done for the company in this critical stage of growth,” the company stated in the release.