Bragg appoints Matevž Mazij as CEO
Mazij’s new position takes effect immediately. He is Bragg’s largest shareholder and founded Oryx Gaming, Bragg’s player account management, remote gaming server and aggregation platform.
Sherman spent just over a year in the role, having joined in June 2022. Before joining Bragg, he was SVP and head of US for 888.
Bragg said the new change in leadership took place following an evaluation by Bragg’s board. The evaluation assessed how best to align the “best interests” of Bragg and its shareholders.
Holly Gagnon, lead independent director of Bragg’s board lauded Sherman for his service and said the board would support further strategic initiatives executed by Bragg’s company.
“On behalf of the board of directors and the entire Bragg team, I would like to thank Yaniv for his leadership, commitment and contributions to the company,” said Gagnon.
“The board remains focused on supporting the company’s senior management team as they continue to execute on initiatives that drive profitable growth and the creation of new, sustainable shareholder value.”
Opportunities to expand presence in existing markets
As CEO, Mazij said he plans to initiate growth strategies for Bragg in its existing markets, including North America and Europe.
“Bragg possesses many opportunities to further grow our scale of operations across North America, Europe and evolving global regulated igaming markets,” said Mazij.
“I look forward to working with senior management and all of our team members to bring fresh perspectives that can amplify our ability to continue our successful execution of the growth strategies that we established following the acquisitions of Wild Streak Gaming and Spin Games in 2021 and 2022, respectively.”
Bragg acquired both Wild Streak Gaming and Spin Games in two separate $30m deals.