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Bragg Gaming Group To Settle $5M Of Secured Promissory Note; To Extend Maturity Of Remaining $2M Until June 6, 2025

Author: Benzinga Newsdesk | April 25, 2025 12:32pm

Bragg Gaming Group ((BRAG, BRAG) ("Bragg" or the "Company"), a leading global B2B iGaming content and technology provider, today announced it has reached an agreement with its lenders, certain entities controlled by Doug Fallon, to repay USD 5 million of its outstanding USD 7 million secured promissory note and to extend the maturity of the remaining USD 2 million until June 6, 2025 (the "Note").

All other terms of the original Note remain unchanged. Bragg intends to repay the remaining USD 2 million balance on or before the amended June 6, 2025 maturity date.


 

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