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Bragg Gaming Group to acquire Drayton International and appoints Matt Davey

The provider has a binding term sheet for the acquisition of Drayton and Davey joins Bragg's Board of Directors.

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Bragg
Key Points
Bragg will enter based on a term sheet to acquire Drayton International 
Matt Davey will join Bragg’s Board of Directors 
The acquisition will mark a bold strategic step forward for Bragg Gaming

Bragg Gaming Group  has announced the acquisition of Drayton International.

In addition, Matt Davey, Founder and Chairman of Tekkorp Capital, will join Bragg’s Board of Directors as Non-Executive Chairman. 

Strategic rationale 

Davey previously purchased a block of 1 million Bragg common shares in a private transaction with the company’s CEO, Matevž Mazij in February 2026. 

Bragg estimated that this stock purchase, combined with Davey’s private stock ownership, will result in him having a 10% ownership stake in Bragg if the acquisition is successful. 

The acquisition is still subject to present gaming regulatory approvals and agreements of the listing of the Bragg shares to be issued under the Toronto Stock Exchange and the Nasdaq Stock Market. The acquisition can expect to be finalized closer to Q3 2026. 

Bragg CEO, Matevž Mazij said: "The acquisition of Drayton represents a highly strategic step forward for Bragg as we continue to expand our global footprint and invest in proprietary IP and technology, complemented by a renewed, progressive look for our brand. More than anything, this acquisition encapsulates our streamlined and coherent user-focused strategy.” 

The provider has undergone somewhat of brand refresh, with a new aesthetic and a “games-first” motto. Dependent on the term sheet and pending approval of the acquisition agreement; Bragg would possess 100% of the equity interests of Drayton for 4.5 million newly issued Bragg common shares priced at $2 per share. 

Bragg will also have holding rights to Drayton’s assets and acquire all five of Drayton’s portfolio studios, including – Boomerang Studios, Dream Streak Gaming, Rise Gaming, Hit Squad and Neotopia. 

Drayton’s collective platform assets include Arc Gaming, Vision PIAI and 3 Shores. 

Matt Davey 

Matt Davey joins Bragg as Non-Executive Chairman of the board. He succeeds the company’s current chair, Holly Gagnon.  

Davey brings considerable knowledge of the iGaming market and has previous experience as Founder and Chairman of Tekkorp Capital, where he served for seven years, as well as of course formerly leading Scientific Games.  

Davey commented: “Bragg has built a strong foundation as a global B2B iGaming supplier and its planned acquisition of Drayton adds a highly complementary set of assets across games, technology, and distribution that accelerate its new push to focus on being a data-rich, content-first, user experience-obsessed organization.

"Bragg combines a potent combination of smart technology and brand heritage that is ready to scale into new markets with its growing number of tier-one partners.” 

The provider recently appointed Morten Tonnesen as COO and Garrick Morris as EVP.  

Bragg believes that the transaction, if successful, will result in increased exposure for its proprietary content, enhance its technology and AI capabilities, and strengthen and improve overall long-term revenue growth. 

Good to know

Bragg Gaming Group signed a partnership extension with Belgian operator 711 in 2025 

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