Home Bragg Gaming sets double-digit growth for 2025 

Bragg Gaming sets double-digit growth for 2025 

Bragg Gaming has posted its preliminary results for 2024 and the expectations for the full-year results once they are finalized. 

The Canadian iGaming content provider has predicted its revenue figure will be no less than $106.2m for the last year, representing a 9% rise year-on-year. 

Adjusted EBITDA is expected to rise 1% to no less than $16.01m. 

Bragg also released its guidance for 2025 with a very positive forecast. 

Revenue is expected to grow to a level between $112.15m  and $127.8m, which would achieve notable double-digit growth. The basis for this uplift is growth in critical markets for the company, in North and South America, and Europe. 

Bragg’s proprietary and exclusive content has bolstered the anticipated growth for the upcoming year, while adjusted EBITDA for 2025 has been tipped to land between $19.75m and $22.35m. 

Growth trajectory and new Caesars deal

Bragg Gaming Matevz Mazij commented on the prelims, reflecting the positive outlook for the company. 

“I am pleased with where we believe 2024 results will land and very excited about the strong growth trajectory outlined in our 2025 guidance,” he said  

Mazij continued, “Our strategic investments in proprietary and exclusive content as well as various Data, Player journey, and AI enhanced engagement features, are expected to drive our growth in 2025.” 

The CEO intimated Bragg would aim to take full advantage of attractive market opportunities in the United States and Brazil, as well as welcoming the fresh deal with Caesars Entertainment, to develop exclusive casino game offerings in-house. 

On the back of these updates, Bragg’s share price (NASDAQ:BRAG) spiked by 15.84% to close at $4.90 per share in New York on Wednesday, with a further rise of 1.63% in after-hours trading.

 

Image credit: Via Midjourney

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Graeme Hanna
Tech Journalist

Graeme Hanna is a full-time, freelance writer with significant experience in online news as well as content writing. Since January 2021, he has contributed as a football and news writer for several mainstream UK titles including The Glasgow Times, Rangers Review, Manchester Evening News, MyLondon, Give Me Sport, and the Belfast News Letter. Graeme has worked across several briefs including news and feature writing in addition to other significant work experience in professional services. Now a contributing news writer at ReadWrite.com, he is involved with pitching relevant content for publication as well as writing engaging tech news stories.

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