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Meridianbet CEO Shares Key Insights at Citi 2024 Global TMT Conference

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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

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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] 

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Meridianbet Executives Complete New Debt-to-Equity Conversion Agreement with Parent Company

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LAS VEGAS, Aug. 20, 2025 (GLOBE NEWSWIRE) — Meridianbet (“Meridianbet” or the “Company”), a leading developer and licensor of B2B and B2C gaming platforms and subsidiary of Golden Matrix Group, today announced a new debt-to-equity conversion agreement involving several key Meridianbet executives, including Aleksandar Milovanović, Founder; Zoran Milosevic, Chief Executive Officer; Snezana Bozovic, Co-COO and Golden Matrix Group Board member; Marija Teodosic, Deputy CEO; Jelena Sarenac, CEO of Meridianbet Cyprus; Juan Jose Mantese, Head of LATAM Markets; Marko Pejovic, CEO of Meridianbet Tanzania; and Vladimir Lenger, Head of B2B Operations for African Markets.

The executives have converted their shareholder debt into equity in Meridianbet’s parent company, Golden Matrix Group, underscoring their confidence in the firm’s value proposition and its potential for sustained long-term growth. The transaction, valued at approximately $284,000, further strengthens the company’s capital structure and demonstrates leadership’s continued alignment with shareholder interests.

Zoran Milosevic, CEO of Meridianbet, commented: “This latest debt-to-equity conversion shows our clear commitment to Meridianbet’s strategic goals and the long-term growth of Golden Matrix Group. The transaction reduces debt, improves financial flexibility, and ensures that key stakeholders remain directly aligned with the company’s objectives.”

“This conversion follows earlier similar agreements and confirms the ongoing alignment between Meridianbet’s leadership and Golden Matrix Group. It further lowers outstanding obligations and consolidates ownership interests within the management structure of the combined organization.”

About Meridianbet

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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.

For more information, visit

IR Presentation – https://ir.meridianbet.com
YouTube – https://www.youtube.com/@MeridianbetIR
Twitter – https://twitter.com/meridianbet_ofc
Email: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a9cd5ad8-07a5-4c35-877f-4a86c9a83b9b

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Meridianbet (Golden Matrix) Highlights 2024 Achievements Ahead of Full ESG Report Release

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VALLETTA, Malta, April 22, 2025 (GLOBE NEWSWIRE) — Meridianbet, a leading global sports betting and iGaming operator, part of the Golden Matrix Group (NASDAQ: GMGI), is pleased to share key ESG milestones from 2024, offering a preview of the year marked by high-impact community engagement, technology-driven operations, and disciplined resource use. The full ESG report is set for release in the coming weeks.

Today’s preview highlights how Meridianbet’s commitment to long-term, localized growth continues to deliver value across the markets it serves, while reinforcing its position within GMGI’s diversified portfolio of six global brands.

Golden Matrix reported $151.1 million in FY24 GAAP revenue, with $159.7 million in organic revenue — driven by core operations including Meridianbet, Mexplay, RKings, Classics for a Cause, GMAG, and Expanse Studios.

Meridianbet ESG 2024 Preview – Key Highlights:

  • Almost 300 CSR actions executed across 25 markets in Europe, LATAM, Africa in various policy areas such as healthcare, education, sports development, and local institution support
  • Continued high-profile partnership with Crvena Zvezda, a top Euroleague basketball club, including the first-ever emblem logo integration between a gaming brand and an elite European sports team
  • Member of the “5% Club” — among the few global operators that develop and maintain their entire technology stack in-house
  • A global book donation campaign distributing thousands of books to underfunded libraries, promoting culture and lifelong learning
  • The “Scan. Help.” campaign, utilizing QR codes to fund essential equipment for maternity hospitals
  • Support for women’s football and participation in global flood relief efforts in Rio Grande do Sul, Brazil.
  • Flagship campaigns like the Meridianbet Donate Button, Meridianbet Epic Trail Race and other campaigns promoting wellness and community impact
  • Rollout of the Meridian Donate platform across LATAM and Africa, allowing users to directly support verified NGOs
  • Energy usage reduced through operational digitalization and targeted infrastructure upgrades
  • The company maintains a strong governance structure, with over 60% of managerial positions held by women, reflecting the company’s commitment to merit-based advancement and diversity
  • Strategic involvement in shaping EU-wide policy proposals for the gaming industry through EOGL (European Organization for Gaming Law), headquartered in Brussels

“ESG isn’t a slogan for us — it’s how we operate at scale,” said Zoran Milosevic, CEO of Meridianbet. “We’ve proven that it’s possible to grow in tightly regulated markets, lead on tech, and still deliver real outcomes to real people — from hospitals to youth sports. That’s the core of Meridianbet for 25 years.”

The 2024 period was also marked by Meridianbet’s public uplisting, becoming part of Golden Matrix Group’s NASDAQ-listed structure — reinforcing transparency, regulatory alignment, and investor access across all operations.

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The full 2024 ESG Report will be released later this quarter.

To explore Meridianbet’s impact and operations, visit: 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). Contact https://x.com/meridianbet_ofc and [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/720b00d8-f6f1-455e-826d-bfa9f42511d5

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Amusnet’s Global Expansion Continues with Meridianbet’s Launch in Brazil

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Amusnet announced the continued growth of its partnership with Meridianbet, now live in Brazil. This latest development adds to a strong presence in markets such as Montenegro, Bosnia, Serbia, Congo, Cameroon, Kenya, and Tanzania, where Amusnet’s games have already gained significant traction.

“Partnering with Meridianbet for their Brazilian platform, Meridianbet.bet.br, is a fantastic opportunity for Amusnet. Brazil is a dynamic and rapidly growing market, and we are excited to bring our engaging gaming content to local players. Together, we are set to elevate the gaming experience in Brazil,” Dimitar Nacev, Sales Specialist at Amusnet, said.

“We are thrilled to see our long-standing partnership with Amusnet expand into the Brazilian market. This marks an exciting new chapter in our collaboration, and we have no doubt that the future holds nothing but success. We look forward to achieving great milestones together and bringing top-tier gaming experiences to players in Brazil,” said Kristina Dimoski, Global Account Manager at Meridianbet.

On Meridianbet.bet.br, players can find some of Amusnet’s top-notch games, such as Hot Deco, Extra Crown, Candy Palace, Stoichkov #8, Dancing Dead, Aztec Forest, 20 Golden Coins, Cavemen and Dinosaurs, and Cocktail Rush.

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A mix of classic fruit game and modern taste, Hot Deco brings the best of both worlds. This 3-reel, 27-payways video slot bursts with high-paying symbols and rewarding features. It combines the classic fruity goodness with smooth graphics and a captivating soundtrack. The fortunate Seven Symbol acts as Wild, the Lucky Star serves as Scatter and a Mystery Jackpot adds to the excitement.

The post Amusnet’s Global Expansion Continues with Meridianbet’s Launch in Brazil appeared first on Gaming and Gambling Industry in the Americas.

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