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Bragg Gaming Group 2021 Third Quarter Revenue Rises 9.9 % New Proprietary Online Content , Market Expansion and Customer Additions Driving Continued Quarterly Growth and Increased Forward Outlook Raises Full Year 2021 Revenue Guidance to EUR € 55-56 million ( USD $ 65-66 Million¹ ) and Adjusted EBITDA to EUR € 6.6- € 6.8 million ( USD $ 7.8-8.0 million ) ; Increases Full Year 2022 Revenue Guidance by 9 % to € 59-61 million ( USD $ 70-72 Million ) TORONTO -- ( BUSINESS WIRE ) -- November 8 , 2021 -- Bragg Gaming Group ( NASDAQ : BRAG , TSX : BRAG ) ( " Bragg " or the " Company " ) , a global B2B gaming technology and content provider , today reported financial results for the third quarter ended September 30 , 2021 , provided an update on its strategic growth initiatives and raised its full year 2021 revenue and Adjusted EBITDA and full year 2022 revenue guidance . Euros ( Thousands ) Revenue Adjusted EBITDA Summary of Q3-21 Financial and Operational Highlights Adjusted EBITDA margin Q3-21 € 12,874 € 11,714 Q3-20 % Change € 1,418 € 1,834 9.9 % -22.7 % 11.0 % 15.7 % -4.7 % Operational Q3-21 Q3-20 % Change | Wagering revenue ( Euros ) € 3.2B € 3.0B 4.8 % Unique players² 2.1M 1.9M 14.4 % Revenue / top 10 customers 54.3 % 55.6 % -1.3 % Select Recent Strategic Development Progress • On August 27 , Bragg's common shares began trading on the Nasdaq Global Select Market . Bragg continues to diversify its European market penetration , including earlier activations in Spain and Denmark followed by Greece in the third quarter . In October , the Company entered the newly regulated market in the Netherlands with operators including state - owned Holland Casino , the state - owned Lottery ( Nederlandse Loterij ) and BetCity.nl .