B2B gaming technology provider Bragg Gaming Group has announced that industry veteran Lara Falzon has been elected to the board, effective March 1, 2021.
Falzon brings significant financial expertise in the gaming sector to Bragg, as well as experience in listing on the NASDAQ, a 2021 goal for Bragg.
As CFO of casino software provider Red Tiger Gaming, Falzon navigated the 2019 sale of Red Tiger to NetEnt for over US$315m. NetEnt’s most recently reported earnings increased by 58 per cent year-over-year, with US market revenues jumping 313 per cent.
She also played an instrumental role in the September 2020 sale of NetEnt for $2.1bn to the world’s leading live casino company Evolution Gaming. Evolution most recently reported a 48 per cent jump in revenues over the first nine months of the year to US$462m.
“We’re very pleased to have Lara join our championship team - she brings tremendous industry experience,” said Adam Arviv, CEO of Bragg Gaming. “Her financial experience in the gaming sector is unmatched in the industry and will be very valuable as we continue our global growth strategy.”
