Bragg Gaming BRAG Revenue Breakdown

NASDAQ BRAG
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At close: Oct 22, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Bragg Gaming, fiscal 2020 to 2025, as reported in its filings.
Annual history

Bragg Gaming Revenue by Geography

Years FY 2020–2025
Lines 11
FY 2025 Total $106.07M

Malta was Bragg Gaming’s largest region in fiscal 2025, bringing in $22.65M of $106.07M (21%).

Bragg Gaming revenue by geography, fiscal 2020 to 2025
Geography FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Netherlands $36.87M $33.55M $29.69M $19.48M
Malta $14.63M $17.92M $22.29M $22.65M
Curacao — $19.22M $17.93M $6.82M
Brazil — — — $11.06M
Other — $8.16M $9.30M $10.52M
United States $4.00M $4.68M $5.66M $11.45M
Marshall Islands — — $1.67M $6.73M
Croatia $3.05M $4.28M $4.96M $4.66M
Belgium $841.00K $3.71M $4.68M $5.28M
Czech Republic — $1.03M $3.00M $3.69M
Isle Of Man — $968.00K $2.81M $3.74M
Total $84.73M $93.52M $102.00M $106.07M
Totals include 7 discontinued lines from earlier reporting.

Bragg Gaming revenue by geography: what the figures show

Bragg Gaming brought in $106.07M from its 11 regions in fiscal 2025, the year ended December 31, 2025. Bragg Gaming regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $102.00M. Malta was the largest at $22.65M (21.4%), ahead of Netherlands at $19.48M (18.4%) and United States at $11.45M (10.8%). The other eight regions brought in $52.49M combined.

Compared with fiscal 2024, Marshall Islands grew fastest, up 304.0% to $6.73M, while Curacao fell the most, down 62.0% to $6.82M.

Bragg Gaming began breaking out Curacao in fiscal 2023, Brazil in fiscal 2025, Marshall Islands in fiscal 2024 and Czech Republic in fiscal 2023. Bragg Gaming stopped reporting Curaao ($17.21M in fiscal 2022), Others ($6.57M in fiscal 2022) and Serbia ($1.58M in fiscal 2022) as separate regions.

Questions

Bragg Gaming Revenue Breakdown FAQ

How does Bragg Gaming make money?

Bragg Gaming (BRAG) reports its revenue by geography. In fiscal 2025, Malta was its largest region, bringing in $22.65M (21.4% of the total), followed by Netherlands at $19.48M (18.4%).

What is Bragg Gaming's largest region?

Malta was Bragg Gaming's largest region in fiscal 2025, bringing in $22.65M, or 21.4% of the $106.07M total across its 11 regions.

Where does this revenue breakdown data come from?

Every figure comes from Bragg Gaming's annual financial filings, as reported. Each line keeps the name Bragg Gaming gives it, and years follow its fiscal calendar.

How far back does Bragg Gaming's revenue breakdown go?

Bragg Gaming's revenue by geography goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.