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European Gaming Congress 2024

Meridianbet

Meridianbet Launches AI-Powered “I’m Feeling Lucky” Online Casino Feature, Setting New iGaming Industry Standard

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  • Revolutionary feature combines spontaneous game discovery with AI-driven personalization
  • Early adoption shows 40% increase in new game exploration
  • Projected to drive 15% increase in player lifetime value
  • Seamlessly integrated with Meridianbet’s AI Casino Recommender

VALLETTA, Malta, Nov. 01, 2024 (GLOBE NEWSWIRE) — Meridianbet, a leading European online gaming operator and part of the Golden Matrix Group Inc. (NASDAQ:GMGI), announces the launch of its innovative “I’m Feeling Lucky” feature across its global player platform.

This AI-powered feature directly addresses user acquisition costs and retention metrics, two key drivers of profitability in the iGaming sector.

The “I’m Feeling Lucky” feature transforms the online casino experience by offering instant access to expertly curated games based on player preferences and AI-driven recommendations. This innovative solution addresses a common challenge in online gaming – choice overwhelm – while maintaining the excitement of spontaneous discovery.

Advanced AI Integration

Building upon Meridianbet’s recently launched AI Casino Recommender 2.0, the “I’m Feeling Lucky” feature employs sophisticated machine learning algorithms to ensure that even randomized selections align with player preferences.

Key features include:

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European Gaming Congress 2024 (Warsaw, Poland)
  • Intelligent Game Selection: Games are randomly chosen from a pre-filtered pool based on player preferences and historical data
  • Adaptive Learning System: Continuous refinement of recommendations based on player interactions
  • Seamless Platform Integration: Consistent functionality across web and mobile platforms

The expected output is:

  • An average 25% reduction in customer acquisition costs
  • 40% improvement in player retention rates
  • Real-time optimization of game offerings based on player behavior

Proven Player Engagement Results

Initial data from beta testing demonstrates exceptional performance:

  • 47% increase in game discovery rates
  • 35% reduction in time-to-play for new users
  • 28% increase in average session duration
  • 31% boost in cross-category gameplay exploration

Full Focus on Gaming Experience

The “I’m Feeling Lucky” feature represents Meridianbet’s commitment to innovation in the online gaming space. By combining spontaneity with advanced AI recommendations, the Meridianbet division of the Golden Matrix Group is creating an entirely new way for players to discover and enjoy our extensive game portfolio while significantly improving their overall gaming experience.

About Meridianbet

Established in 2001, Meridianbet, part of the Golden Matrix Group Inc. (NASDAQ:GMGI) portfolio, stands as a leading online sports betting and gaming group. With B2C licenses in 18 jurisdictions across Europe, Africa, and South America, Meridianbet leverages proprietary technology and scalable systems for multi-country and multi-currency operations.

For more information, visit https://ir.meridianbet.com

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Twitter – https://twitter.com/meridianbet_ofc

Contact: [email protected]

Disclaimer: Gaming services are subject to legal restrictions in certain jurisdictions. Please verify compliance with local laws and regulations before accessing gaming services.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b057c7c5-29bc-4d73-8ac9-590bd900af14

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Meridianbet

Meridianbet Launches Industry-Leading NBA Betting Offer with Over 2,000 Markets Per Game

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  • Comprehensive selection of 2,000+ betting markets for every NBA game
  • Advanced player prop bets and same-game parlay options
  • Competitive odds matching top-tier US sportsbooks

VALLETTA, Malta, Oct. 24, 2024 (GLOBE NEWSWIRE) — Meridianbet, a leading sports betting operator and part of the Golden Matrix Group (GMGI) announces an unprecedented expansion of its NBA betting markets for the 2024-25 season. With over 2,000 betting options per game, Meridianbet continues to demonstrate its commitment to providing US sports enthusiasts with an unmatched betting experience.

Industry – leading NBA betting Offer

The expanded offering includes comprehensive coverage of every aspect of NBA games, from traditional markets to advanced player propositions. Bettors can engage with various options, including:

  • Game Outcomes: Moneyline (including overtime), spread betting, and draw no bet options
  • Quarter and Half Markets: Individual quarter betting, highest-scoring quarter, and half-time/full-time combinations
  • Points Markets: Team and total points spreads, quarter-by-quarter totals, and first/last point scorer
  • Player Performance: Extensive player prop markets including points, assists, and rebounds
  • Same-Game Parlays: Ability to combine multiple bets within the same game for enhanced odds
  • Three-Point Specials: Team and individual player three-pointer totals

Advanced Player Props and Parlays

Meridianbet’s platform features an innovative same-game parlay builder, allowing customers to combine player performance metrics, game outcomes, and scoring totals into single, high-value bets. The extensive selection of player props covers every aspect of individual performance, from scoring and assists to rebounds and three-pointers made.

Live Betting Experience

The platform offers real-time betting opportunities with instant updates and competitive in-play odds, allowing bettors to engage with games as they unfold. Our advanced technology ensures smooth performance during peak NBA moments, including crucial playoff games and championship matches.

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About Meridianbet

Established in 2001, Meridianbet Group, part of the Golden Matrix Group Inc. (NASDAQ:GMGI) portfolio, stands as a leading online sports betting and gaming group. With licenses in 18 jurisdictions across Europe, Africa, and South America, Meridianbet leverages proprietary technology and scalable systems for multi-country and multi-currency operations.

Disclaimer: Sports betting as such, including the Meridianbet offer, is subject to legal restrictions in certain jurisdictions. Please verify compliance with local laws and regulations before placing bets.

For more information, visit https://ir.meridianbet.com

Twitter – https://twitter.com/meridianbet_ofc

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European Gaming Congress 2024 (Warsaw, Poland)

Contact: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/35b933b1-0194-4bb1-9451-e92e22114425

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Brazil

Meridianbet Passes Another Round in Brazil’s Exclusive Licensing Process

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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.
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Brazil

Meridianbet Partners with Integrity Compliance 360 for Upcoming Brazilian Market Entry

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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.”

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“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).

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