Meridianbet

Meridianbet Elevates Copa America 2024 Offer with Unmatched 41,600 Betting Options and Exclusive Prize Games

Published

5 months ago

May 23, 2024

meridianbet-elevates-copa-america-2024-offer-with-unmatched-41,600-betting-options-and-exclusive-prize-games

Leading the Way in Sports Betting Innovation

LAS VEGAS and VALLETTA, Malta, May 23, 2024 (GLOBE NEWSWIRE) — As a prominent subsidiary of the Golden Matrix Group (Nasdaq: GMGI), Meridianbet is set to redefine the sports betting experience for South American audiences with its groundbreaking initiatives for Copa America 2024. Held in the USA, this prestigious football tournament offers the perfect backdrop for Meridianbet’s latest promotions, which combine extensive betting options with exciting prize game opportunities.

Exclusive Copa America Prize Games

In a thrilling development for its loyal customers, Meridianbet is launching an exclusive prize game for the South American market. Lucky winners will experience the exhilaration of Copa America firsthand, with all-expenses-paid trips to key matches.

This initiative showcases Golden Matrix Group’s (GMGI) strategic integration of sports betting with captivating prize games through its Meridianbet platform, as is the case with its RKings brand in the United Kingdom. Combining these elements, GMGI maximizes the overall customer experience and increases market involvement, providing a complete recipe for player engagement.

European Gaming Congress 2024 (Warsaw, Poland)

The Copa America 2024 Betting Menu: More than 41,600 Ways to Win

Meridianbet introduces an unparalleled betting lineup for Copa America, providing sports fans with over 41,600 ways to engage with every match. The betting options will include:

1,200 individual betting options per match, an unmatched range that sets a new global industry standard
Each match will incorporate the Bet Builder service, allowing bettors to customize their betting strategy
Group winners – players can predict which teams will dominate their respective groups
Team placements offer a chance to forecast the final standings within the groups
Top goal scorer: This feature allows bets on the player who will score the most goals throughout the tournament.

Jurisdiction and Licensing Disclaimer

All betting offers, including the exclusive prize games, are subject to licensing limitations and conditions. Participants are urged to check the availability and legality of specific bets and promotions within their jurisdiction.

Strategic Expansion as a Combined Entity

This strategic approach not only bolsters its footprint in the competitive South American market but also aligns with Golden Matrix Group’s broader objectives of market expansion and innovation in iGaming. By seamlessly integrating comprehensive sports betting options with prize games, Meridianbet, now a part of the Golden Matrix Group (GMGI), is setting new standards in the industry, delivering both exciting entertainment and substantial value to its stakeholders and investors.

As Copa America 2024 approaches, Meridianbet is poised to capture the attention of the global sports betting community, offering an unmatched betting experience coupled with the chance to win once-in-a-lifetime travel experiences. This combination is sure to cement Meridianbet’s position as a leader in the sports betting field and a preferred choice for bettors seeking richness in variety and reliability in service.

About Meridianbet Group

Founded in 2001, the Meridianbet Group is a well-established online sports betting and gaming group, licensed and currently operating in 20 jurisdictions across Europe, Africa and South America. The Group’s successful business model is underpinned by the use of proprietary technology and scalable system allowing it to operate in multiple countries and currencies and an omni-channel approach to markets, including retail, desktop online and mobile. For more information, visit

https://ir.meridianbet.com

https://www.youtube.com/@MeridianbetIR

About Golden Matrix

Golden Matrix Group, based in Las Vegas NV, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients and RKings, its B2C division, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The Company also owns and operates MEXPLAY, a regulated online casino in Mexico.

Our sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current US law.

Contact: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/92ff1b85-39dd-4802-8637-982160a0ac46

Brazil

Meridianbet Passes Another Round in Brazil’s Exclusive Licensing Process

Published

2 weeks ago

October 2, 2024

GamingAmericas.com

meridianbet-passes-another-round-in-brazil’s-exclusive-licensing-process

Meridianbet has successfully advanced to the next stage in Brazil’s exclusive sports betting and iGaming licensing process. The company is one of only 89 operators (from over 600 initial applicants) shortlisted at the federal level by the Brazilian Ministry of Finance. This shortlist grants operators permission to continue offering sports betting and iGaming services nationwide during the adaptation period, which runs until December 31, 2024.

This important step places Meridianbet among an elite group of global operators as Brazil approaches the launch of one of the most highly anticipated gaming markets in the world. With non-listed companies set to be prohibited from offering services starting October 11, 2024, inclusion on this shortlist highlights Meridianbet’s technological excellence, commitment to compliance, and its focus on responsible gambling and strategic market planning.

The company’s proprietary platform, which has undergone rigorous testing, along with its comprehensive marketing strategies and responsible gambling policies, positions it as a key player in the future of Brazil’s gaming industry. The application covers both sports betting and iGaming (online casino) under Brazil’s licensing regime, allowing Meridianbet to provide a full suite of gaming experiences to Brazilian players.

Brazil’s gambling market is forecasted to generate $34 billion in sports betting turnover by 2028, with an onshore gross win of $2.8 billion, according to a report by the International Betting Integrity Association (IBIA). Unlike the state-by-state regulatory approach in the U.S., this federal-level licensing will grant nationwide access, enabling the company to tap into Brazil’s rapidly growing market and diverse player base.

As part of the Golden Matrix Group (NASDAQ: GMGI), Meridianbet is leveraging global expertise and proprietary technology to strengthen its position in Brazil, ensuring it remains at the forefront of this emerging market.

Brazil

Meridianbet Partners with Integrity Compliance 360 for Upcoming Brazilian Market Entry

Published

4 weeks ago

September 23, 2024

GamingAmericas.com

meridianbet-partners-with-integrity-compliance-360-for-upcoming-brazilian-market-entry

Meridianbet, part of the Golden Matrix Group, Inc., a leading online sports betting and iGaming company, has announced a strategic partnership with Integrity Compliance 360 (“IC360”), a prominent U.S.-based global sports integrity service provider.

The partnership comes as Meridianbet’s Brazilian subsidiary, Meridian Gaming Brasil SPE, progresses in the licensing process for its entry into the Brazilian market, and will reinforce the Company’s commitment to upholding the highest standards of integrity for its sports offering in line with global regulatory expectations and market best practices.

The license application, filed under request number 56.195.600/0001-07, positions Meridianbet among a select group of global operators set to participate in one of the most highly anticipated market launches in the global sports betting and iGaming industry.

“Our partnership with IC360 underscores our dedication to maintaining the highest levels of integrity and transparency in all markets we operate in, including Brazil,” said Zoran Milosevic, CEO of Meridianbet. “As we move closer to securing our license, this collaboration will ensure that we are fully equipped to meet the expectations of both regulatory bodies and our players in the world’s fastest-growing emerging betting and iGaming market.”

“Brazil is expected to become the third-largest gaming market in the world, and this opportunity marks another key milestone for Golden Matrix, and further endorses our commitment to being a major player in the Brazilian Gaming Market” said Brian Goodman, CEO of Golden Matrix Group. “Brazil’s multifaceted approval process reflects the complexity and scale of this market, and we are excited about the tremendous potential that lies ahead. We aim to leverage our extensive international experience, advanced technology and innovative betting solutions to cater to the unique preferences of Brazilian customers, and our partnership with IC360 will help ensure we’re doing it both ethically and responsibly.”

“Meridianbet is one of the best-positioned players in the Brazilian sports betting market,” said Scott Sadin, COO of IC360. “We are excited to work with the experts of the local market who understand the importance of integrity. It is our privilege to provide them with the tools needed to create an even stronger culture of transparency, that together can be modeled and shared with Meridianbet’s international reach.”

Meridianbet’s partnership with IC360 comes at a critical time for the Brazilian market, as it undergoes regulatory transformation and positions itself as a global leader in the iGaming and sports betting industry.

Meridianbet’s application includes both sports betting and iGaming (online casino) under Brazil’s comprehensive licensing regime, positioning it as one of the few operators able to offer a full suite of gaming experiences to Brazilian players.

The Brazilian gambling industry is projected to generate $34 billion in sports betting turnover by 2028, with an onshore gross win of $2.8 billion, according to a report by the International Betting Integrity Association (IBIA).

Meridianbet

Meridianbet CEO Shares Key Insights at Citi 2024 Global TMT Conference

Published

1 month ago

September 6, 2024

GlobeNewswire

meridianbet-ceo-shares-key-insights-at-citi-2024-global-tmt-conference

Citi CEO

NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) — Meridianbet, one of Europe’s oldest and leading global sports betting and iGaming operator and part of Golden Matrix Group (NASDAQ: GMGI) announced that its CEO Zoran Milosevic, participated in the Citi 2024 Global TMT Conference. Milosevic discussed Meridianbet’s strategic growth, highlighting the company’s balanced approach to B2B and B2C operations, as well as its plans for expansion into key emerging markets, including Brazil and South Africa. The panel featured world’s most prominent corporate entities of the entertainment industry.

During his talk, Milosevic emphasized how Meridianbet’s proprietary technology, combined with Golden Matrix Group’s resources, positions the company as a leader in the highly competitive iGaming and sports betting industries.

Key Takeaways from Meridianbet’s CEO Talk:

Meridianbet’s Legacy and Global Presence

Meridianbet has a 25-year history rooted in Europe, now operating in 18 regulated jurisdictions across the globe. With over 1,200 employees, including 100 software developers, Meridianbet delivers innovative gaming experiences through both retail and online platforms, offering 50+ in-house casino games.

Balancing B2B and B2C Operations

Although Meridianbet initially started as a B2B provider, the B2C segment now contributes 85% of the company’s revenue. Meridianbet is preparing a significant upgrade and strategic focus on its B2B segment, which will be formally announced at the upcoming G2E Las Vegas Expo. This effort will reposition Meridianbet as a top-tier provider in the iGaming space, with its advanced B2B platform playing a central role.

Expansion into New Markets

Mr Milosevic discussed the company’s strategic focus on expanding into key new markets, including Brazil and South Africa, leveraging its strong B2B offerings. He pointed out that Meridianbet’s presence in multiple jurisdictions allows it to take advantage of global growth opportunities, particularly as the regulatory landscape evolves.

Maintaining Profitability in a Competitive Industry

Unlike many worldwide competitors relying on raising significant capital to fuel growth, Meridianbet has successfully maintained a focus on profitability by identifying and capitalizing on niche opportunities. “We operate efficiently and focus on strategic markets where we can maintain profitability while still achieving growth,” Milosevic said.

iGaming as the Future of the Industry

Milosevic highlighted that iGaming is experiencing faster growth than traditional sports betting. He noted that younger generations are drawn to fast-paced casino games, which continue to grow at double-digit rates, compared to the single-digit growth in sports betting. “In the future, casino games will look more like video games, resembling the popular formats of today’s gaming industry.”

Global Growth Strategy

Milosevic discussed Meridianbet’s multi-layered approach to growth, including organic expansion, a strong B2B entry strategy, and targeted acquisitions. The company’s expansion into Asia, where 60% of the world’s population resides, is seen as the next major opportunity, driven by a wave of impending regulation in the region.

“As we look ahead, our focus is on securing footholds in emerging markets, with Brazil and Asia as key targets. Our expertise in both B2B and B2C gives us a competitive advantage as we continue to expand.”

For more information about the insight shared during the Citi 2024 Global TMT Conference in New York, visit the Meridianbet Investor relations page at ir.meridianbet.com

About Meridianbet

Founded in 2001, Meridianbet Group is a well-established online sports betting and gaming group, licensed and currently operating in 18 jurisdictions across Europe, Africa and South America. The Meridianbet Group’s successful business model utilizes proprietary technology and scalable systems, allowing it to operate in multiple countries and currencies with an omni-channel approach to markets, including retail, desktop online, and mobile. The Company is part of the Golden Matrix Group (Nasdaq: GMGI).

For more information, visit https://ir.meridianbet.com
YouTube – https://www.youtube.com/@MeridianbetIR
Twitter – https://twitter.com/meridianbet_ofc
Email: [email protected]