Bragg Gaming is celebrating the rollout of its online casino content with one-third of licensed iGaming operators in Brazil.
Bragg’s games have been launched with the likes of Superbet, KTO, Betano, Novibet, Sportingbet and Betboo, with integrations expected to be completed with over half of regulated operators in Brazil by the end of the second quarter of this year.
The company expects revenue from the newly regulated Brazilian market to account for up to 10 per cent of its total revenue in 2025.
“We’re delighted to expand into the newly regulated market in Brazil, and to be there for our customers on the first day of launch with our in-demand content portfolio and player engagement platform,” said Bragg Gaming CEO Matevz Mazij. “At Bragg we have extensive experience of delivering highly localized iGaming content and technology solutions in regulated markets, and we now expect the Brazilian market to become a key territory for us and a significant driver of our growth in the wider LatAm region.
“This latest regulated market launch sets us on a strong trajectory for 2025, helping us deliver our strategic objectives of increased revenue through proprietary, exclusive and aggregated online casino content, while at the same time adding geographical diversity to our revenue streams, promoting stable, long-term growth for the company.”
Neill Whyte, chief commercial officer at Bragg Gaming, added: “We’ve been working hard to make sure we have the right content, the right people and the right structures in place to support our Brazilian operator partners from day 1 of market launch, and I’m proud to say we are now live in this exciting market which offers so much potential.
“We’re already partnered or are in talks with approximately half of the Brazilian iGaming operator market, and that leaves plenty of room for growth. We will be busy in the coming months showcasing our games and technology solutions with both existing customers and potential new partners as we continue to grow our presence in Brazil and across the LatAm region.”
Shares in Bragg Gaming Group Inc. (TSE:BRAG) gained 0.79 per cent to close at CA$5.10 per share in Toronto Wednesday.