GR8 Tech closes 2024 with a remarkable 25% year-on-year growth, demonstrating its strength in scalability, innovation, and long-term partnerships.
As 2024 draws to a close, GR8 Tech has marked a successful year with impressive results, including a 25% increase in turnover, the signing of dozens of new clients, and a substantial boost in client revenue.
The company’s performance throughout the year showcases its ability to evolve and meet the ever-changing demands of the iGaming industry, setting a strong foundation for the years ahead.
Key Performance Metrics
One of the most impressive statistics from 2024 is 12.4 billion bets placed, a staggering 125% increase from the previous year. This highlights GR8 Tech's capacity to scale effectively during peak periods, with the company processing 20,000 bets and 54,000 wallet transactions per second without compromising performance. A key moment for the company was during the IPL 2024, where 21.5 million bets were placed, underscoring the platform's ability to handle high-traffic events.
Driving Innovation and Customization
Throughout the year, GR8 Tech focused on empowering operators with tools designed to enhance customization and improve platform management.
Denys Parkhomenko, Chief Product Officer at GR8 Tech, outlined the company’s efforts, saying:"Our primary focus in 2024 was to empower operators with tools for seamless platform customization and streamlined management.
We introduced geo-specific solutions that enable faster market launches, adapting platforms to meet local demands—whether through bonus mechanics, payment methods, or tailored content for sportsbook and casino."
Additionally, the company enhanced its offerings with new sportsbook features, innovative gamification mechanics, and additional casino games, all of which were designed to increase player engagement and satisfaction.
Strategic Growth and Global Expansion
In 2024, GR8 Tech signed long-term partnerships and expanded its project portfolio to over 45 global ventures, reinforcing the rising demand for its customizable iGaming solutions. The company’s continuous growth is evident in the strong interest from operators around the world who seek adaptable and reliable platforms.
Recognition Across the Industry
GR8 Tech’s growth trajectory was accompanied by industry-wide recognition. The company was honored with multiple prestigious awards, including:
Silver for Best Platform Provider of the Year at SBC Awards
Best Online Sportsbook Provider at SiGMA Eurasia
Best Workplace at SiGMA Americas
Rising Star Provider of the Year at the Affpapa iGaming Awards 2024
These accolades serve as a testament to the company's ability to innovate, lead, and provide exceptional service to the iGaming sector.
Looking Ahead to 2025
As GR8 Tech reflects on its achievements, the company remains committed to delivering high-performance solutions and driving the latest industry trends in the year to come.
Sergey Ghazaryan, Chief Revenue Officer at GR8 Tech, shared his perspective on the company’s approach to continuous improvement:"Improvement and excellence are about consistently staying ahead. A trend might emerge and then disappear tomorrow, but improving your product – making it better than the competition – has lasting value.
Whether it’s through better personalization, risk management, recommendations, or any other aspect, improvement is essential. And in this industry, you don’t really have a choice. It’s so fast-paced that if something new and valuable appears, you need to adopt it immediately.
The mindset of constant improvement is what keeps a product relevant and competitive."
As 2025 approaches, GR8 Tech is positioned to further build on its success, continuing its focus on innovation, market expansion, and delivering top-tier solutions to its growing global client base.
Stay tuned to iGaming Gazette for more updates on the latest iGaming news and developments.
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