Bragg Gaming Group Inc. announced a private placement for the the issuance of a secured non convertible promissory note in the principal amount of $7 million on April 26, 2024. The transaction included participation from some certain entities controlled by Doug Fallon. The Note will mature on April 25, 2025 and bears interest at an annual rate of 14%, payable quarterly.

The transaction has conditionally approval from Toronto Stock Exchange (TSX).