Bragg Gaming Group has named Morten Tonnesen as Bragg Gaming interim CEO, effective 6 November 2026, after Matevž Mazij stepped down from the top job with immediate effect. Mazij, who led the iGaming content and technology company since August 2023, moves into a strategic adviser role as the Toronto-listed group heads into its third-quarter results.
Read this story on Watan News: Bragg Gaming Names Morten Tonnesen Interim CEO as Matevž Mazij Steps Down
FAKTA
- Bragg Gaming Group announced on 6 November 2026 that Morten Tonnesen has been appointed interim chief executive officer, effective that day.
- Matevž Mazij stepped down as CEO with immediate effect and becomes Strategic Advisor, a role with no day-to-day management responsibility.
- Tonnesen has served as Bragg’s chief operating officer since joining the company in March 2026 and brings more than 17 years of leadership experience.
- Mazij founded Oryx Gaming, which Bragg acquired in 2018, and served as CEO from August 2023. He sat on Bragg’s board from February 2021 to July 2026.
- In June 2026, shareholders voted 55.67 percent to 44.33 percent against re-electing Mazij to the board.
- Bragg reported second-quarter revenue down 12 percent to €22.9 million, and is due to publish third-quarter results on 13 November.
Bragg Gaming’s Interim CEO Takes Charge
Bragg Gaming Group Inc. (NASDAQ: BRAG, TSX: BRAG), a leading iGaming content and platform technology provider, announced the change in a press release on 6 November. Mr Tonnesen will assume responsibility for the company’s day-to-day operations, reporting to the board of directors. Board chair Matt Davey thanked Mr Mazij for his service and credited him with leading Bragg through a demanding period for the industry.
Mr Tonnesen is not new to the business. He joined Bragg as chief operating officer in March 2026, after a spell at Xtremepush, and has more than 17 years of leadership experience across B2C and B2B iGaming, sports betting and technology. As strategic adviser, Mr Mazij will provide guidance to the board on strategic matters and support continuity with key stakeholders through the transition.
A Difficult Year for Bragg
The leadership change follows a difficult period for the company. In June, shareholders voted 55.67 percent to 44.33 percent against re-electing Mr Mazij at Bragg’s annual general meeting, and he subsequently resigned from the board. In its second-quarter results, published on 13 August 2026, Bragg reported a 12 percent revenue decline to €22.9 million from €26.1 million a year earlier.
Bragg also completed its $9 million all-share acquisition of Drayton International on 22 July 2026, adding an integration task to its restructuring programme. The company is due to publish its third-quarter results on 13 November, when investors will get their first read on trading under the new interim leadership.
Bragg Gaming Group is based in Toronto, Canada, and listed on the NASDAQ and Toronto Stock Exchange.
What to Watch Next
The appointment is interim, and no permanent successor has been named. The board will now decide whether Mr Tonnesen, who has run day-to-day operations since March, is the right person to lead the company permanently, or whether to search outside. The third-quarter results on 13 November will be the first test of the new leadership, and investors will be watching for signs that the revenue decline is stabilising and that the Drayton integration is on track.
Conclusion
Morten Tonnesen takes over a company at a turning point: a respected operator stepping into the top job at short notice, a founder moving to the sidelines, and a set of results due within a week that will shape how the market judges the change. Whether the interim tag becomes permanent may depend on what those numbers show.
