Bragg Gaming Group has named Matevž Mazij as both Chairman of its Board of Directors and CEO, following the resignation of former CEO Yaniv Sherman. Mazij has already been Chairman since June but steps into the CEO role with immediate effect.
Mazij founded Oryx Gaming, the company's original PAM, aggregation and RGS gaming technology platforms prior to Bragg acquiring these assets in 2018. He is currently Oryx Gaming’s largest shareholder.
Bragg’s Board of Directors approved the change after a “thorough evaluation to ensure the optimal alignment of the best interests of the company and its stakeholders.”
Board Lead Independent Director Holly Gagnon commended Sherman for his contributions to the company and took a moment to welcome Mazij to his new position.
She commented, "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 favorably positions Bragg to continue successfully executing on our key strategic objectives and serve our valued customers and partners with excellence."
Mazij shared his excitement to take on a leadership role at Bragg and said he is eager to collaborate with the senior management team.
He 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."