Bragg Gaming secures Peru license to deepen Latin American footprint

Toronto-based company eyes further LatAm inroads

Bragg Gaming has received a license to distribute online casino games in Peru after being approved by the Peruvian Ministry of Foreign Trade and Tourism (MINCETUR) to operate in the region.

The Toronto-based gaming company’s approval comes ahead of the pending launch of Latin America’s iGaming market. Bragg already has a LatAm footprint in Colombia.

Bragg said that it is “fully compliant with Peruvian regulations and will allow local operator partners to manage their entire product suite.”

Peruvian players can soon access titles from Bragg’s proprietary and exclusive games portfolio through the company’s HUB aggregation platform. Bragg Studios‘ in-house brands include the likes of Wild Streak Gaming, Spin Games, Atomic Slot Lab, Indigo Magic and Oryx Gaming.

Bragg said in a statement that “the award of a B2B license reinforces Bragg’s position as a leading supplier and content aggregator in the Latin American region which is known for passionate fans and customers alike.”

Bragg Gaming Head of Aggregation Ivica Jovanovski said “Peru has great potential as a new market, and we look forward to assisting our operator partners through the process of launching competitive offerings online, including a portfolio of premium games that can be enjoyed by Peruvian players.”

According to H2 Gambling Capital, Peru’s online gambling market is projected to generate $390 million USD ($531 million CAD) in gross win in 2024, with over 50% of that figure attributed to the online casino vertical. Over the next three years, the Peruvian market is projected to grow by 10% annually.

Another new market for Bragg

Bragg’s remote gaming server (RGS) is authorized to deliver casino games to more than 25 global regulated gaming markets, with Peru joining the likes of Ontario, New Jersey, Pennsylvania, and Michigan in North America and the United Kingdom, Italy, the Netherlands, Germany, Sweden, Spain, and Malta in Europe.

It strengthened its presence in Michigan last month with the announcement that it would provide games and RGS technology to Golden Nugget in the state, adding to deals it already had in the jurisdiction with BetMGM and PokerStars.

In Ontario, Bragg has numerous partners including bet365 after a deal struck last year.

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