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. 

Bragg announces preliminary unaudited results for the year ended, with revenue expected at not less than EUR 102 million, a 9% increase on FY 2023 revenue and Adjusted EBITDA of not less than EUR 15.4 million, an increase of 1% over the previous year $BRAGhttps://t.co/wZNtZzXSLr

— Bragg Gaming (@Bragg_Gaming) January 29, 2025

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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