Bragg Gaming Group Inc.

Hello, everyone. Thank you for joining us and welcome to Brag Gaming Group's second quarter 2026 earnings conference call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. I will now hand the conference over to Robbie Bressler, CFO. Please go ahead.

Good morning everyone and thank you for joining us for Bragg Gaming Group's second quarter 2026 earnings call. If you are connected to our online webcast today, you should see our second quarter earnings presentation on your screen and you should have control to flip through the slides yourself as you listen to the call. If you are joining by telephone, please note that you can find Our earnings presentation as well as the financial results press release on our website at investors.brag.group Please note that certain statements on this call may constitute forward-looking information or future-oriented financial information. A full explanation of these risk factors is available on the second slide of the second quarter 2026 earnings presentation titled forward-looking statements. as well as in the press release issued this morning and our public disclosures. BRAC disclaims any obligation except as required by law to update or revise any forward-looking statements whether because of new information, future events or otherwise. Any forward-looking statements made on this call speak only as of the date of this call. Bragg Gaming Group CEO Matevz Mazij and myself, the CFO of Bragg Gaming Group, Robbie Bressler, will discuss the company's second quarter performance and provide a business update. We will follow that with a question and answer session. I would now like to turn the call over to Matt.

Thank you and good morning, everyone. Thank you for joining us for Bragg Gaming Group's second quarter 2026 earnings call. In the second quarter, we prioritized margin and cash flow performance over aggressive revenue expansion, which underpins our renewed group-wide strategy. Revenue was €22.9 million, down 12% year-over-year. Adjusted EBITDA was held static at €3.5 million, and our adjusted EBITDA margin expanded to 15% from 13% in the same quarter last year. On July 9, 2026, we announced a further reduction of approximately 19% of our global workforce, expected to deliver approximately €6 million in incremental annualized cash savings and bringing total expected annualized savings to approximately €10.5 million, together with the restructuring announced on January 8, 2026. Combined with the acceleration of our AI-first transformation, it leaves a leaner organization concentrated on our core technology, content, and platform products, and it accelerates our path to cash profitability and adjusted EBITDA growth. Furthermore, I would like to highlight our content performance across North America, especially in Canada and the United States. Our proprietary content being deployed by US and Canadian operators is building very positive traction. This content revenue grew 44% compared to Q2 last year, driven by distribution, quantity and quality of content. Proprietary content is our most profitable product and the US is the most important market for us. So seeing this level of growth is exciting, and it underlines the growth strength of the content we build. Against that, the Netherlands declined 14% year over year, reflecting the anticipated roll-off of legacy turnkey contracts following customer migration away from our PAM. Brazil was static as certain operators moved to direct supply integrations, which moderated growth but improved the quality of the revenue we retained. Some other European markets were lower due to the customer specific factors and tightening local regulatory dynamics. Since quarter end, we have also closed the acquisition of Drayton International and Matt Davey has joined us as non-executive chairman. I will come back to both of those after Robbie takes you through the financials. Robbie, over to you.