
It is worth noting that the event is known as the "Super Bowl of financial markets", being the main conference for small and mid-cap companies in the US.
On-site, more than 3,000 attendees were in attendance, including institutional investors, analysts, investment bankers and private equity professionals.
The conference was another successful milestone in GMGI's participations, in which he had already received great prestige at the Citi Global TMT 2024 Conference, in which the company shared the stage with giants such as DraftKings, FanDuel and IBM.
Agenda highlight: 61% growth
During the conference, GMGI revealed an impressive 61% growth in preliminary revenue for fiscal year 2024, reaching $150 million. In addition, the company already has consolidated revenue of US$ 163 million for 2025.
This growth has been driven by strategic market expansions and technological innovations, reinforcing the organization's role as an emerging leader in the global gaming industry.
?? Big news! ??
— MeridianBet Group (@meridianbet_ofc) December 31, 2024
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Expansion in Brazil: A transformative movement
The organization will have access to more than 100 million potential customers across the country. This move puts GMGI in a position to capture a significant share of one of the world's most promising markets.
Expansion in North America
GMGI accelerates its expansion in North America with a strategic approach in multiple markets. Among the main points mentioned by the CEO, the following stand out:
-Entry into the rapidly growing U.S. sweepstakes market utilizing Expanse Studios' proprietary content;
-Pending gaming license in Ontario, Canada's largest regulated market;
-Use of AI to increase player engagement and retention.
GMGI Ecosystem: A Competitive Advantage
The CEO of Meridianbet also highlighted how the six companies help in creating a formidable competitive advantage by presenting investors with a unique ecosystem:
* Meridianbet operates in 18 regulated jurisdictions, with more than 1,200 employees, including 100 software engineers;
* Game development by Expanse Studios generates high-margin revenues and reduces reliance on third-party content;
* Presence in strategic markets, such as Mexplay in South America, Rkings in the UK and Classics for a Cause in Australia.
2024: The year that forever changed #Meridianbet
— MeridianBet Group (@meridianbet_ofc) December 11, 2024
From joining $GMGI’s NASDAQ-listed family to a global AI rollout and market expansions, we’re rewriting the future of gaming.
Here is the recap of a journey that’s just beginning: https://t.co/aaFAKZn1fF#AI #Gaming… pic.twitter.com/pMLnXbFAkq
Growth outlook in 2025
Based on the points addressed by Meridianbet's CEO, GMGI demonstrates that it is well positioned to continue growing, with several initiatives that should contribute to performance. They are:
* Expansion of the Brazilian market, which is expected to increase and increase revenue;
* Use of entrepreneurial AI to improve player monetization;
* Pioneering newly regulated markets;
* Improved operating margins through efficiency.
For investors looking for growth opportunities in the global gaming industry, GMGI offers a unique opportunity to move by combining innovative technology, multiple growth vectors, and a strong presence in key global markets.
If investors are interested in more updates, they can visit the Group's Investor Relations page or follow the company on social media:
https://x.com/meridianbet_br
Source: GMB