Good morning, everyone. My name is Regina, and thank you for joining the fourth quarter and full year 2024 earnings conference call for Bragg Gaming Group. I'll shortly hand the call over to Bragg Gaming Group CEO, Matevž Mazij, who will comment on Bragg's fourth quarter performance and its full year 2024 performance, and Bragg's CFO, Robbie Bressler, who will review and discuss the company's fourth quarter and full year 2024 financial results. I would like to remind you, if you have not already done so, that you can review Bragg's fourth quarter and full year 2024 results presentation on the company's investor website at investors.bragg.group. That's investors, plural with an S. Go to the events and presentation section. On this call, there will be a review of Bragg's financial and operating results for the fourth quarter and full year of 2024. Following these prepared remarks, the conference call will be opened to a question and answer period. I would like to remind you that certain statements made on this conference call and the responses to various questions may constitute forward-looking information or future-oriented financial information within the meaning of applicable securities laws. If you have not already done so, please familiarize yourself with Bragg's full explanation of these risk factors available on the second slide of Bragg's fourth quarter and full year 2024 earnings presentation, which is titled "Forward-Looking Statements," and which is published on the website at investors.bragg.group. This information is also available in Bragg's recently filed fourth quarter and full year press release and other publicly available disclosure. I'd like to turn the call now to Matevž Mazij, Chief Executive Officer of Bragg. Good morning, everyone. My name is Matevž Mazij. I'm the Chairman and the CEO of Bragg. On this call today, I'll start with our fourth quarter and full year operational highlights, including our key launches and latest news, and then I'll pass the line to Robbie, who will discuss our latest financial results. When Robbie has given his commentary on the numbers, I'll discuss more about our strategy and operations, as well as our outlook for 2025. After that, Robbie and I will be more than happy to answer any questions you may have. To start, I want to give a little reminder of who we are. We create and deliver cutting-edge casino games from our in-house proprietary casino game studios, as well as on behalf of carefully selected third-party studio partners. With our proprietary player account management software and full in-house developed iGaming technology stack, we empower operators to launch and scale their operations, providing them with the tools required to seamlessly launch, run, scale, and optimize their casino, sports betting, and lottery websites for maximum success. We are focused on enhancing the end-user experience, leveraging the huge amounts of data we process, using our advanced analytics and powerful AI technologies to enhance player engagement, maximize revenue potential, and drive smarter, more efficient iGaming operations. Now, let me tell you about our journey in the past year. Throughout 2024, we have taken decisive and meaningful steps to support growth across all of our key business areas, a strategy which has delivered a stronger and more resilient business going forward into the future. We've added experienced industry experts to the Bragg executive team, supporting Bragg's growth trajectory, beginning with the addition of Simon Dudnjik, formerly of Sportradar, as our new Chief Human Resources Officer, the recruitment of former DGC and Microgaming executive Neill Whyte as Chief Commercial Officer, Tommaso Di Chio, formerly of Kambi, joined as Chief Legal and Compliance Officer, and my colleague on this call, Robbie Bressler, a former senior Bally's executive as our Chief Financial Officer. We've increased our market penetration in North America, a hugely important market for us. In October, we launched in Delaware, our fifth U.S. iGaming state, with Rush Street Interactive at Rivers Online Casino. We have continued to expand our North American distribution with notable launches with BetMGM in Pennsylvania last June, Caesars in Pennsylvania, and Ontario in August. Most recently, we launched our content with DraftKings in Pennsylvania last Friday, March 14, and with Fanatics in Michigan on Monday this week. We now reach over 90% of the total addressable U.S. iCasino market of over $8 billion with our proprietary and exclusive online casino content, and our progress on this strategic goal is paying dividends. I can share that during the first quarter of 2025, we are comfortably on track to more than double wagering on our proprietary and exclusive games in North America compared to what we saw in the first quarter of last year. Our most recent release, Dragon Power Triple Gold, from our in-house studio Wild Streak Gaming, was launched just 12 days ago, but is already looking like it will be the best-performing game we have ever released. We're also proud to be forging strategic partnerships, such as our recently announced content development and technology leasing agreement with Caesars Entertainment, leveraging our slots development expertise and proprietary technology, while further strengthening ties with an important top-tier U.S. partner. Strengthening our already dominant position in the Netherlands, we supported our existing partners, Betnation.nl, ComeOn.nl, and 711.nl with launches of sportsbook during 2024, using technology from our fantastic third-party sportsbook partners. We also added our sixth PAM customer in the Dutch market in July by launching Hard Rock Casino.nl, powered by the Bragg PAM and full iCasino tech stack. Sticking with our PAM, we added our second PAM partner in the Czech Republic, powering the launch of Kingsbet.cz in June. In the fourth quarter of 2024, we announced that significant insider share purchases have been made, demonstrating management belief and confidence in the business going forward. We have also introduced a new stock appreciation rights incentive plan. This plan aligns senior management with shareholders by rewarding long-term growth with the addition of accelerated vesting in the event of an earlier change of control. We doubled down on our commitment and execution of our strategic growth plans by launching our proprietary and exclusive iGaming content in Brazil on day one of the opening of the regulated market on January 1, 2025, establishing a strong position in this emerging and important market for Bragg. Lastly, we were pleased to announce recently that we have grown our Canadian footprint into a second province, Quebec, agreeing a content-led partnership with Loto-Québec, the local provincially licensed monopoly operator. Now I'm going to turn the line over to Robbie to discuss our financial results. Robbie? Thank you, Matt. Good morning to everybody. I will now cover our financial results for the fourth quarter and full year 2024. Total revenue for the fourth quarter was EUR 27.2 million, another record high, up 16% compared to the fourth quarter of 2023. Additionally, Q4 2024 gross profits grew by 31% to EUR 15.8 million, with gross profit margin rising by 650 basis points to 58%. Adjusted EBITDA during Q4 also grew by 68% to EUR 4.7 million, our fourth consecutive sequential quarter of growth. Our Adjusted EBITDA margin was 17%, 530 basis points higher than the 12% we recorded in the same period last year. Our performance in Q4 2024 was fueled by the continued expansion of our proprietary content, primarily in North America, allowing total proprietary content across the whole company to reach a record 13.3% of our total revenue in Q4. Growing our proprietary content remains a top strategic priority as it enhances margins and strengthens our competitive position. In addition, revenue from our PAM and turnkey solutions continued to gain momentum, rising to 24% of total Q4 revenue. The combined growth of proprietary content and PAM and turnkey solutions is driving a favorable shift in our revenue mix, reducing dependency on lower margin aggregated third-party content revenue. In Q4 2024, aggregated third-party content revenue accounted for just 45% of total revenue, the lowest level in the past eight quarters. Total revenue for the year-end 2024 was EUR 102 million, up 9% compared to 2023. Additionally, 2024 gross profits grew by 8% to EUR 54 million, with gross margin decreasing slightly by 40 basis points to 53%. Adjusted EBITDA for the full year 2024 grew by 4% to EUR 15.8 million, with an Adjusted EBITDA margin of 15.5%, reflecting an 80 basis points decline from the prior year. However, as previously noted, our margin performance has improved through 2024, as evident in our Q4 2024 Adjusted EBITDA margin, driven by a continued shift towards higher margin products. Turning to the balance sheet, as of December 31, 2024, we had EUR 10.5 million in cash and cash equivalents. During the year, we fully settled the remaining balance of the Lind convertible debt, further strengthening our balance sheet. Our only remaining debt facility is a $7 million secured promissory note maturing in April 2025. We are actively working to refinance this facility upon maturity with a more flexible structure, ideally transitioning to a revolving credit facility that provides enhanced liquidity while securing lower borrowing costs. Net working capital, excluding deferred consideration and promissory note at the end of December 31, 2024, amounted to EUR 11.9 million. Looking ahead to 2025, I reiterate the guidance provided in January 2025, where revenues projected to reach between EUR 117.5 million and EUR 123 million, and Adjusted EBITDA is expected to rise to between EUR 19 million-EUR 21.5 million. At the midpoint of our guidance, revenues forecasted to grow by 18%, while Adjusted EBITDA is expected to rise by 28%, with Adjusted EBITDA margins improving by 140 basis points. Finally, we continue to develop a robust pipeline of opportunities that, if realized, could further enhance our 2025 performance beyond the assumptions included in our current guidance. I will now hand the call back over to Matt. Thank you, Robbie. I want to give you a snapshot of our progress over the course of 2024, both from an operational and strategic perspective, and outline how our products and technology are ensuring that Bragg continues to stand out from the competition. We get the highest margins on content when we are the owners of the games, and we also own the distribution channels. During the last year, we continued to ramp up our proprietary game production from our in-house studios, including Wild Streak Gaming, Atomic Slot Lab, and Indigo Magic. We also increased our proprietary distribution networks by launching our games with more operators in more markets. Revenue generated at Bragg from proprietary content has risen at a compound annual rate of 59% since 2021, and at an even higher rate for proprietary content, which also gets to market through our proprietary distribution channels. I'm excited to share that our momentum has continued into Q1, with Dragon Power Triple Gold launching exclusively with BetMGM in early March and performing unbelievably well, our strongest launch yet, a true testament to our proprietary content capabilities. Our proprietary content now reaches 90% of the U.S. iGaming market, which is worth an estimated $8 billion. As a reminder, we believe that the U.S. iCasino market at maturity could be worth $77 billion. We have elite partnerships supplying our content to all tier one operators: DraftKings, FanDuel, BetMGM, Caesars, and more, leading the way in U.S. iGaming, and all partnered with Bragg, positioning us to capitalize on this huge market as it continues to expand. We're licensed in all key iGaming states, most recently launching in Delaware in October, and we expect to launch in West Virginia during the second quarter of this year, which will take us to six U.S. iGaming states live. We've got two industry veterans, Neill Whyte and Garrick Morris, leading our U.S. push as Chief Commercial Officer and Senior VP Commercial for the U.S. and Canada. As we announced during the first quarter of 2025, we're set to turbocharge our U.S. growth through our expanded partnership with Caesars Digital. The enhanced partnership includes a strategic technology licensing framework for Caesars to lease Bragg's RGS, as well as further options to license the Bragg Hub, product delivery, and casino game aggregation platform, and Bragg's Fuze player engagement platform. In line with our confident outlook for 2025, we're estimating that the U.S. iGaming market will account for 15% of our total revenue over the course of the year. I spoke earlier about our launch in the Brazilian regulated iGaming market, which took place on January 1, 2025. We're now strategically positioned to make a big impact in Brazil, with content-based agreements in place with more than 30% of licensed operators in the Brazilian market, a figure which should rise to more than 50% by the end of the second quarter of 2025. I want to expand on this with some important numbers to consider. Brazil's iGaming market is expected to generate gross gaming revenue of $1.5 billion in 2025, surging to GGR of $3.3 billion over the next four years. Into this, we're launching our high-margin proprietary and exclusive content, a strategy we are all projecting will see up to 10% of our total revenue coming from the Brazilian iGaming market this year. Outside of the Americas, Bragg's growth trajectory remains strong. We're continuing to expand in European and rest of the world markets and are constantly innovating and exploring new products and ways to better service our partners' needs. We're accelerating growth through integrations with leading operators across key European markets such as Italy, Spain, Sweden, as well as the U.K. We have been expanding our Powered by Bragg studio partnerships to further enhance our exclusive and localized online casino content portfolios. Outside of content, we're continuing to advance our frontiers of our technology through innovation, notably with our Fuze marketing and promotional toolset, as well as leveraging AI-driven insights to enhance the player experience, while at the same time maximizing our profitability. Looking ahead, we have a strong pipeline of content, technology, and product opportunities driven by innovation and with the potential to unlock further growth in 2025, with additional upside potential beyond our current 2025 guidance. Thank you for listening. I'd like to take this opportunity to pay tribute to the entire Bragg team for their continued unwavering hard work and commitment during the fourth quarter and throughout 2024 and beyond. I will turn the line back to the operator, and Robbie and I will be happy to take any questions. At this time, if you would like to ask a question, simply press star followed by the number one on your telephone keypad. Our first question will come from the line of David McFadgen with Cormark Securities. Please go ahead. Oh yeah, hi. A couple of questions. Just looking at the U.S. market, you're expecting it to be up to 15% revenue. I guess it was about 5% in 2024, if I got that correct. Just wondering if you could confirm that. Is your deal with Caesars, is that going to be the primary driver to take you there? Thanks, David. I can answer that. In terms of our growth in the U.S. for 2025, Caesars is definitely part of it, but a big chunk of our growth is going to be coming from exclusive and proprietary content. The content that, or the slot game that Matt mentioned, Dragon Power Triple Gold, that's an example of what sort of content we believe is going to drive that growth in the U.S.. Okay. All right. On Brazil, right now you have more than 30% licensed operators using your content or your PAM. I think you said you expected to go to 50% by the end of Q2 or Q1? I think through Q2 we will get to that level. Just to be clear, the current play in Brazil for us is on the content side. We're not certain if PAM is going to be rolled out there, but what we're seeing from the strength of our content has been quite promising. As of now, it's going to be focused on aggregated content, proprietary content, and exclusive content rollouts. Okay. Just a question on the Netherlands. I think I saw an industry trade article talking about the potential to ban advertising or at least some advertising, maybe outside of the sports betting side in the Netherlands. I was wondering if you can give us an update on sort of the regulatory environment there and the impact on the market. I think what you're hearing is the same thing that we're hearing. Still seems to be in flux in terms of exactly what's going to come down. Our business is primarily focused on the iCasino side, so any impact of sports betting advertising would probably not be too impactful to us. We do project in 2025 to see constant steps. We expect to see the market decrease and contract in 2025. That's built into our assumptions. It is moving as we expected, but we also believe over time, because we do have a strong market share in that jurisdiction, so the operators that run off our PAM hold a sizable market share, that there will be opportunities to increase that market share as a lot of the smaller operators who do not necessarily have the bandwidth, the abilities to absorb the margin decreases because of regulatory changes will come out of the market. I do think over time it could be good developments in that region for us. Okay. Lastly, when we look to 2025, can you give us a range in terms of what you expect to spend on PP&E and intangibles? Because I saw that free cash flow is a bit negative. You're spending a fair bit on those two items. I was just wondering if that's going to come off at all. I expect it to stay relatively consistent, so we should be scaling it in the sense that our revenue will be increasing in double digits, but I don't expect that our deferred costs to move in the same direction. One thing that will hit us in 2025 is the certification costs for content that we're rolling out. As previously mentioned, we're doubling the cadence of title releases that we do in an annual period. That does bring one-time certification costs that do get capitalized and amortized over an estimated life of the content. Again, we do expect to see leverage from what we're spending by increasing our top line. Okay. All right. Thanks. Our next question comes from the line of Gianluca Tucci with Haywood. Please go ahead. Hey, good morning. I guess I can start off on the gross margin. It seems like it was a record gross margin quarter at 58%. It sounds like you expect continued expansion on the margin side given the revenue shift to proprietary content. I'm just wondering if you have any short-term or longer-term targets on the gross margin side. Good question. Yeah. Q4 was an exceptional performance in terms of gross margin percentage. We do always anticipate Q4 to be our strongest quarter, and that's indicative of what we see from our operators and just performance of iCasino and sports books in general. I don't think that's an assumed run rate based on our guidance. Our gross profit margin will be less than what we achieved in Q4, but I do think directionally that's where we're moving towards. I think through the year, we should be able to get to a level through into Q4 of 2025 that's not too far off of that. I don't think at this point a Q4 run rate could be assumed for the full period, but we'll wait and see the performance of our proprietary content, specifically this Dragon Power Triple Gold. This is really exciting for us. The amount of wagering in just the first 10 days has been like 1.4 times what we've seen on any title we've ever released. We are quite excited about where our capabilities have gotten to on the proprietary content side. We will wait and see. Okay. Thanks for that, Rob. You did color. And then just if I could ask on your pipeline, I guess, Matt, are there any bigger opportunities that you're working on at the moment? Just wondering if you could give us an update on the activity in your pipeline. Yeah, sure. We have a very strong pipeline of different opportunities in different regions. Obviously, our focus regions are going to stay the same. We're very focused on getting as many operators onboarding onto our aggregation platform in Brazil. We're focused on getting our content distributed in Brazil, and we have all licensed operators on our list and actively working on them. The U.S., still working on deals that are going to allow us to distribute more content in the regular U.S. market. Obviously, working on both aggregation and proprietary content opportunities in Canada as well, where there are still operators that are not signed up to our hub platform or our proprietary content platform. We have a very strong pipeline of PAM and turnkey opportunities on both sides of the ocean in Europe and in Americas. Obviously, can't talk about details there. I'd say that we're very excited about further regulation in the United States, potential further regulation in the United States, and potential further regulation in some of the markets in Europe where we're actively discussing some of the opportunities that may show up for us in the next 12 - 24 months. Okay. That sounds good. If anything in your pipeline does come to work to ahead, I'm assuming that that's all accredited to your guidance that you've issued for 2025. That's correct. Yep. Okay. Great. Great. Great. Just one more, Robbie, in terms of guidance, how should we be thinking about seasonality for this year? Is it just going to be business as usual or anything to look for this year in terms of seasonality? No, I'd say business as usual. Again, Q4 has always been one of their strongest, if not strongest, quarters. We do expect that again this year. Other than that, we don't expect much impact beyond just the regular cycles of sports and iCasino play. Usually the summer months are less strong just because the weather, people are not necessarily playing as much and sports cycles are not the same, but nothing unusual this year compared to prior years. Thanks, Robbie. I'll pass the line. Again, for any questions, press star one on your telephone keypad. Our next question will come from the line of Jack Vander Aarde with Maxim Group. Please go ahead. Okay. Great. Good morning, guys. Encouraged to see the strong results in Outlook. Thanks for taking my questions. I do not have too many left, though. Maybe a question for Matt and Robbie, just with regards to that robust pipeline of opportunities that you mentioned that is under development but not baked into the guidance. Just a couple of questions there. Does this include both organic, that pipeline, both organic growth upside potential as well as M&A? Also, is there any potential for new U.S. states going live in 2025 that could be assumed in that kind of pipeline of developing opportunities? Thanks. Good questions. In terms of pipeline, it is strictly just, I'd say, organic opportunities. To scale our existing products into new opportunities. We are very excited of what the opportunities are. What we see on the pipeline and when we speak to it, these aren't just ideas or targets that we have on a chalkboard that we're going to go after. These are processes that we're actively involved in, whether it's an RFP or we're in discussions to solidify a deal that we can roll out in the near term. Things are really progressing very well. I think we're at a good position in the sense that the amount of opportunities in the pipeline is well beyond what we could tackle in a 24-month or 12-month period. We, in a sense, have a luxury of going after the opportunities that are going to move the needle the most for us from a valuation point of view. We know that bringing more revenue into our North American story is very key. We also want to look for opportunities in our pipeline that leverages existing investments into our technology. We really have good things happening and hope to be able to have some positive announcements in the near future about moving some of these opportunities along. In terms of U.S. states opening up, it's not necessarily baked into any of our, I'd say, pipeline opportunities, except though we know that the U.S. market right now, especially on the iCasino side, sits at about 12% of the U.S. total population is being exposed to iCasino regulated play. We also see on the sweeps side of things that there's a massive market of players playing iCasino-style games in an unregulated environment. We are very focused on getting our company well-positioned to capitalize on that additional TAM that's going to open up as the U.S. states open up. It is very much in our strategy to be well-positioned with operators and with strong products to be able to capitalize on what we think is going to be like a $77 billion market once it's at maturity from an iCasino point of view. I'm sorry, Jack, you had one more question. Remind me of what that was. Actually, I think another one was M&A, but you really hit all those. You hit the nail on the head with a lot. There's a lot of gray color, I guess, that would be built in the upside. The M&A side, though, as well, if there's anything that would be, I don't know, a new vertical, maybe within whether it's charitable gaming or these sweepstakes businesses, is there anything else that you could be thinking from an M&A perspective to enter a new vertical? I'll never say never, but it's not in our core focus right now. Any opportunity to increase the size and scale and bring more shareholder value we'll look at, but it's not a strategic focus right now. Our focus right now is operating as strongly as we can, improving the metrics that we believe are going to add more value to this company and make us more attractive for investors. If I may add just. Excellent. Just a few more things. Yeah. On the positioning, we have, in the last 12 months, been able to position ourselves as a tier-one supplier of PAM and turnkey solutions and content delivery platforms. We have onboarded clients that are tier-one in respective jurisdictions. In short-term and midterm, we're going to leverage that and use the incredible amounts of data that we have about gaming activities and behavior of end users to effectively distribute content and effectively place and promote proprietary content, in particular, at the same time onboard tier-one clients, whether they're migrating from old platforms or new players entering new jurisdictions or existing jurisdictions that are still in development. That's going to be our focus in terms of business development and moving forward. Like Robbie said, execution is our key focus in the next two or three quarters. I appreciate the added color there. I think that does it for me. Again, congrats on the strong results and outlook. Thanks, guys. Thank you. That will conclude our question-and-answer session. I'll hand the call back over to management for any closing comments. Thank you, everyone. I look forward to speaking with you in the near future and talking about our Q1 results in mid-May. Thank you very much. That concludes today's call. Thank you all for joining. You may now disconnect.