{"id":42,"date":"2024-06-12T05:46:18","date_gmt":"2024-06-12T02:46:18","guid":{"rendered":"https:\/\/ozwincasinonodepositbonus.icu\/2024\/06\/12\/bragg-gaming-cfo-to-step-down-prague-entertainment-sees-growth-and-explores-strategic-options\/"},"modified":"2024-06-13T12:15:56","modified_gmt":"2024-06-13T09:15:56","slug":"bragg-gaming-cfo-to-step-down-prague-entertainment-sees-growth-and-explores-strategic-options","status":"publish","type":"post","link":"https:\/\/ozwincasinonodepositbonus.icu\/2024\/06\/12\/bragg-gaming-cfo-to-step-down-prague-entertainment-sees-growth-and-explores-strategic-options\/","title":{"rendered":"Bragg Gaming CFO to Step Down, Prague Entertainment Sees Growth and Explores Strategic Options"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/u2LfkxkQT3Y\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Ronen Kannor, the Chief Financial Officer of Bragg Gaming, will be resigning from his role. <\/p>\n<p>Despite a prosperous financial year in 2023, Bragg Gaming will shortly commence the search for a new CFO as Ronen Kannor departs to explore other prospects. Kannor&#8217;s official departure date is set for June 3, 2024, providing the organization with sufficient opportunity to secure a successor. <\/p>\n<p>Matev\u017e Mazij, Chief Executive Officer and Chairman of Bragg&#8217;s Board, conveyed his appreciation for Kannor&#8217;s contributions. Throughout his time with the company, Kannor oversaw Bragg&#8217;s inclusion on both the Toronto and Nasdaq stock markets, managed numerous acquisitions, and consistently propelled revenue and profit expansion. <\/p>\n<p>Kannor also shared his gratitude for his experience at Bragg, emphasizing the company&#8217;s adaptability and progress over the preceding four years. He is dedicated to facilitating a seamless handover and expressed well wishes for his colleagues&#8217; continued achievements. <\/p>\n<p>Prague Entertainment just released significant updates after their Q4 and year-end financial reports for 2023. Although the firm experienced a minor decrease in Q4 earnings and income due to revised agreements with a crucial strategic collaborator, their annual results were remarkably positive. <\/p>\n<p>Throughout the year, Prague Entertainment achieved a 10.4% surge in income, reaching \u20ac93.5 million (equivalent to $101.3 million USD), while their gross earnings climbed to \u20ac49.9 million.  Furthermore, they witnessed a substantial 26.3% rise in adjusted EBITDA, attaining \u20ac15.2 million for the 2023 fiscal year.<\/p>\n<p>In even more groundbreaking developments, Prague Entertainment also disclosed the establishment of a specialized group, led by autonomous board representative Don Robinson, to investigate strategic options for the company. This could encompass possibilities ranging from a potential company sale to pursuing additional mergers.<\/p>\n<p>Further amplifying their recent triumphs, Prague Entertainment was also recently awarded a B2B permit from the Peruvian Ministry of Foreign Trade and Tourism. This is a major accomplishment as it enables them to provide their internet-based casino games within the flourishing Latin American market. <\/p>\n<p>With access exceeding 9,000 games via their Bragg Hub aggregation system, Prague Entertainment is strategically positioned to assist operators in Peru in delivering a competitive online gaming product. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ronen Kannor, the Chief Financial Officer of Bragg Gaming, will be resigning from his role. Despite a prosperous financial year in 2023, Bragg Gaming will shortly commence the search for a new CFO as Ronen Kannor departs to explore other prospects. Kannor&#8217;s official departure date is set for June 3, 2024, providing the organization with [&hellip;]<\/p>\n","protected":false},"author":99,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bragg Gaming CFO Ronen Kannor Steps Down<\/title>\n<meta name=\"description\" content=\"Big changes at Bragg Gaming! CFO Ronen Kannor is moving on to new opportunities. 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