Bragg Gaming Group has named Matevž Mazij as Chief Executive Officer, replacing the departing Yaniv Sherman who leaves after almost 14 months in the role.
Following “a thorough evaluation”, Bragg’s board has undergone the CEO change to ensure “the optimal alignment of the best interests of the company and its stakeholders”. Mazij will take over CEO duties on an immediate basis.
Meanwhile, Sherman has stepped down from the CEO role with the group, a position he has held since July last year.
Holly Gagnon, Lead Independent Director of the Board, stated: “On behalf of the board of directors and the entire Bragg team, I would like to thank Yaniv for his leadership, commitment, and contributions to the company.
“The board remains focused on supporting the Company’s senior management team as they continue to execute on initiatives that drive profitable growth and the creation of new, sustainable shareholder value.
“We are confident that as the founder and visionary of Oryx Gaming, the combination of Matevž’s significant industry experience and deep knowledge of Bragg with the company’s experienced senior leadership team favourably positions Bragg to continue successfully executing on our key strategic objectives and serve our valued customers and partners with excellence.”
Not only is Mazij the Chair of Bragg’s Board of Directors, but he is also its largest shareholder and is the Founder of Oryx Gaming, the group’s original PAM, aggregation and RGS gaming technology platforms that was acquired by the company in 2018.
Commenting on his new position, Mazij said: “Following several years of serving on the board, I am excited to return to an operational role to lead the company towards continued top-line and cash flow growth.
“Bragg possesses many opportunities to further grow our scale of operations across North America, Europe and evolving global regulated igaming markets.
“I look forward to working with senior management and all of our team members to bring fresh perspectives that can amplify our ability to continue our successful execution of the growth strategies that we established following the acquisitions of Wild Streak Gaming and Spin Games in 2021 and 2022, respectively.”