Bragg Gaming Eyes $166M Revenue with Global Expansion
The Key Points at a Glance
Bragg Gaming has released its preliminary financial figures for the 2024 fiscal year. The company anticipates revenue of 102 million euros (166.2 million USD) and an adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of 16 million USD. For 2025, Bragg Gaming plans for double-digit revenue growth, focusing on expanding proprietary content, entering new markets, and driving technological innovations.
Forecasts for 2024 and Strategic Goals for 2025
Bragg Gaming is optimistic about its development. CEO Matevž Mazij emphasized that the strategic investments in exclusive content and AI-driven player engagement features are expected to drive the company’s growth. For 2025, Bragg Gaming projects revenue between 122.4 million and 128.1 million USD. At the same time, adjusted EBITDA is expected to rise to between 19.8 million and 22.4 million USD.
Focus on Exclusive Content and Technological Innovations
A central part of the growth strategy is reducing reliance on third-party providers. Instead, Bragg Gaming aims to increase revenue through proprietary and exclusive content. Additionally, AI-based features and data-driven technologies are expected to enhance player engagement. These measures aim not only to boost profitability but also to secure market leadership in key regions.
Geographical Expansion and Market Priorities
Bragg Gaming plans to expand its presence in North America and Brazil. At the same time, there is a strong focus on European markets such as Italy, the United Kingdom, Spain, and Sweden. Through this geographical diversification, the company aims to strengthen its market position and unlock new revenue streams.
Planned Measures to Drive Growth
To achieve its set goals, Bragg Gaming has announced the following measures:
- Increasing the revenue share from proprietary and exclusive content.
- Strengthening market positions in North America, Brazil, and Europe.
- Further development of AI-driven and data-based engagement features.
- Expanding exclusive partnerships to enhance product reach.
Our Assessment
Bragg Gaming is pursuing a clear and ambitious growth strategy. The focus on exclusive content and technological innovations demonstrates the company’s commitment to sustainable profitability. The planned expansion into key markets such as North America and Europe offers significant potential to strengthen its market position. If the announced measures are successfully implemented, Bragg Gaming could achieve its growth targets for 2025 and further solidify its position as a leading provider in the gaming industry.
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