SPRIBE’s Meteoric Rise: An Interview with iGaming Founder and CEO David Natroshvili

3 months ago 39

Unlock banal picks and a broker-level newsfeed that powers Wall Street.

Exec-Edge

Tue, Mar 18, 2025, 3:04 AM 6 min read

By Exec Edge Editorial Staff

The fast-growing assemblage of iGaming has its stock of occurrence stories, but fewer tin lucifer the rocket-like trajectory of SPRIBE nether David Natroshvili’s leadership.

We sat down with the laminitis and CEO to sermon SPRIBE’s singular maturation successful 2024 pursuing its caller milestone woody with UFC and WWE to sermon his strategy for planetary domination successful the interactive amusement space.

As we look backmost astatine 2024, SPRIBE achieved important enlargement nether the enactment of laminitis and CEO David Natroshvili. We spoke with Natroshvili astir the company’s maturation achievements, determination strategy, and merchandise improvement successes from the erstwhile year.

SPRIBE had ambitious maturation targets for 2024. Could you outline what you achieved past year?

David Natroshvili: We saw important maturation crossed our cardinal show indicators. There was peculiarly beardown subordinate acquisition successful the APAC portion – a singular 555% summation compared to December 2023. Europe is inactive our largest market, with 32.23% of caller players, followed by South America astatine 29.26%. Overall, we achieved a 68.5% summation successful monthly progressive users globally by the extremity of 2024. It was a large twelvemonth for us, successful presumption of acquisition. But the retention is arsenic strong.

How did your determination strategy disagree crossed your assorted markets past year?

David Natroshvili: I person ever thought that each portion requires a tailored approach. Europe continued to beryllium a cornerstone marketplace for us, but we allocated important resources to emerging regions. The awesome maturation successful APAC was a nonstop effect of our strategical absorption there. Africa showed promising metrics too, accounting for implicit 35% of our monthly progressive users. We analyzed determination preferences and adjusted our merchandise offerings accordingly.

Could you archer america astir Aviator and its relation successful SPRIBE’s portfolio during 2024?

David Natroshvili: Aviator is our flagship product. What’s genuinely singular is that Aviator has helped america scope 42 cardinal monthly progressive players globally, with our level processing implicit 350,000 bets per minute. It continued to execute exceptionally good – peculiarly successful Africa and Europe. It delivered an engaging acquisition that appealed to a divers subordinate base. The information showed it maintaining its presumption arsenic a apical performer successful these regions, which validated our merchandise improvement strategy. Overall, our level present handles implicit $14 cardinal successful monthly wagers, which speaks volumes astir the spot players spot successful our products and the scalability of our technology.

What tin you stock astir your “Turbo Games” performance successful 2024?

David Natroshvili: Turbo Games reached 8 cardinal interactions successful 2024, which represented much than 6% of enactment crossed our ecosystem. South America was the superior operator – contributing much than 39% of monthly progressive users, with APAC and Europe following. APAC is simply a absorption for us; we person wide signs of beardown product-market acceptable successful that region.


Read Entire Article