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Bragg Gaming subsidiary ORYX Gaming inks deal with Colombian casino website FullReto.co

The deal expands ORYX's footprint in the Latin American gaming market

ORYX games
ORYX will provide Grupo Vinnare, FullReto.co’s parent company, with its full turnkey solution

Bragg Gaming Group (CVE:BRAG) (OTCMKTS:BRGGF) announced Monday that its subsidiary ORYX Gaming has reached an agreement with Colombian gaming website FullReto.co. 

Under the terms of the deal, ORYX will provide Grupo Vinnare, FullReto.co’s parent company, with its full turnkey solution, which includes its iGaming platform, proprietary sportsbook and access to a portfolio of casino game content.  

“ORYX’s full turnkey solution will provide Grupo Vinnare with all of the tools and features they need for a smooth and seamless launch of the FullReto.co website,” Managing Director of ORYX Gaming Matevz Mazij said in a statement. “The ORYX iGaming platform will enable FullReto.co to offer their customers an exciting betting and gaming experience.” 

READ: Bragg Gaming Group’s 3Q shows strong sequential revenue growth of 13%

The ORYX platform lets operators manage their entire suite of casino offerings with a single account and payment wallet. With the ORYX Hub, FullReto.com will have access to more than 8,000 games from 110 providers, as well as promotions like leaderboards, achievements, tournaments and jackpots. 

“We’re very excited about launching our online sportsbook and casino, and partnering with ORYX has provided us with a comprehensive solution that supplies us with all of the elements we need to offer our customers a top gaming experience — while staying fully compliant,” FullReto.co General Manager Juan Pablo Barahona said.

The platform has been adapted to comply with Colombia regulations, the company said, such as by giving Grupo VInnare the option of setting up their own financial and reporting processes.

“This deal is also an important milestone for ORYX,” Mazij said. “We’ve significantly grown our presence in Latin America this year, and the Colombian market has great potential for us. We successfully entered the market in 2018 with Wplay.co, and are now expanding our footprint with this partnership with Grupo Vinnare. Launching our full turnkey solution with FullReto.co positions us well for future growth.”

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com 

Follow him on Twitter @andrew_kessel

Quick facts: Bragg Gaming Group

Price: 2.18 CAD

Market: TSX-V
Market Cap: $257.17 m

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