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Meridianbet

The MeridianBet – Golden Matrix Transaction Secures Approval at GMGI Shareholder Assembly

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LAS VEGAS and VALETTA, Malta, March 20, 2024 (GLOBE NEWSWIRE) — The MeridianBet Group, Southeast Europe’s leading Business-to-Consumer (“B2C”) sports betting and gaming group, operating in multiple markets across Europe, Africa, and Latin America, is pleased to note that shareholders of Golden Matrix Group Inc, (“GMG”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, (NASDAQ: GMGI), have voted to approve the acquisition of MeridianBet.

Commenting on the merger Zoran Milosevic, Chief Executive Officer of MeridianBet Group, said:
Today marks a major milestone for MeridianBet and I am thrilled that the shareholders of Golden Matrix have overwhelmingly voted in favor of the acquisition of MeridianBet. By joining forces, we are not only expanding our reach but enhancing our ability to provide customers with a diverse and comprehensive offering whilst creating a leading global betting group. I look forward to announcing the completion of the deal in due course.”

The following excerpt from the announcement, which was released on NASDAQ is set out without any material changes:

Golden Matrix Stockholders Approve Acquisition of MeridianBet Group

LAS VEGAS, NV, March 20, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI) (“GMGI”, “Golden Matrix” or the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced that its stockholders have voted to approve the terms of, and the issuance of shares of common stock in connection with, that certain previously announced Amended and Restated Sale and Purchase Agreement of Share Capital dated June 27, 2023 (as amended and restated from time to time, the “Purchase Agreement”) by and between the Company, as purchaser and Aleksandar Milovanović, Zoran Milošević and Snežana Božović, owners of MeridianBet Group, pursuant to which the Company seeks to acquire MeridianBet Group, at a special meeting.

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“We are extremely pleased with the shareholder vote and believe that the strong support expressed by our stockholders for the acquisition reflects their belief that the acquisition provides a compelling opportunity to grow our operations, global footprint and the overall business,” said Brian Goodman, Chief Executive Officer and Chairman of Golden Matrix.

Stockholders representing 32,406,412 shares of the Company’s capital stock entitled to vote at the Special Meeting were present in person or by proxy representing 73.5% of the voting shares issued and outstanding on the record date of January 31, 2024.”

The completion of the purchase remains subject to the satisfaction of certain other closing conditions, including the Company raising sufficient funding to complete the purchase; however, the Company continues to work toward completing the transaction and currently anticipates such conditions to closing occurring prior to, and such closing occurring, in April 2024, subject to the satisfaction of the conditions thereto.

The final voting results for each proposal voted on at the special meeting is set forth in a Current Report on Form 8-K filed by Golden Matrix with the U.S. Securities and Exchange Commission.

A full copy of the announcement can be viewed by visiting: https://www.nasdaq.com/articles/golden-matrix-stockholders-vote-to-acquire-meridianbet-group?time=1710944386

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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.

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.

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

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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.

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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.

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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

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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

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Meridianbet Launches ‘Scan. Help.’ Humanitarian Initiative to Support Maternity Hospitals in Southeast Europe

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LAS VEGAS and BELGRADE, Serbia, May 17, 2024 (GLOBE NEWSWIRE) — Meridianbet, a member of the Golden Matrix Group (NASDAQ: GMGI), in partnership with Meridianbet Foundation, Expanse Studios, and BC Crvena zvezda Meridianbet announces the launch of a significant humanitarian initiative, ‘Scan. Help.’, aimed at supporting maternity hospitals across Southeast Europe.

The rollout of this action to other market territories is expected in the remainder of 2024.

How It Works: Empowering Community Participation

For every scanned QR code and subsequent registration on the Meridian Foundation’s website, funds will be allocated towards equipping five maternity hospitals in Serbia. This innovative approach not only raises awareness but also actively involves the community in our CSR activities.

The initiative is currently ongoing with high media presence and is broadcasted during Southeast Europe’s regional basketball Finals series (ABA League). BC Red Star players wear jerseys featuring the QR code, with additional promotion through basketball arena ads, TV ads, and more, encouraging fans and supporters to participate.

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A Unified Effort for Community Impact

The ‘Scan. Help.’ campaign is a collaborative effort involving Meridianbet, Meridianbet foundation, Expanse Studios, and basketball club Crvena zvezda Meridianbet, Southeast Europe’s leading basketball club, of which Meridianbet is the name sponsor. The initiative is designed to leverage our collective resources and influence to make a meaningful impact on local communities.

Multi-Stakeholder Support and Growing Participation

The ‘Scan. Help.’ campaign has received institutional support ad backing from the Ministry of Health, reinforcing the importance and legitimacy of this cause. Additionally, several companies have already expressed their desire to contribute, with provisions made for donations through the Meridian Foundation’s account. This broadening support network amplifies the initiative’s reach and potential impact.

This campaign exemplifies Meridianbet’s dedication to sustainable development and community well-being. In 2023 alone, the company has launched 225 CSR campaigns, reflecting the commitment to making a lasting impact.

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About Golden Matrix Group

Golden Matrix Group, based in Las Vegas, Nevada, is a leading B2B and B2C gaming technology company utilizing proprietary technology and operating globally across 17 regulated markets. The B2B division of Golden Matrix develops and licenses branded 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. In 2024, Golden Matrix completed the acquisition of MeridianBet, a well-established and B2B and B2C sports betting and gaming platform operating and regulated in multiple markets in Europe, Africa and LatAm, providing the combined entity with additional international operations.

For more information, please visit:

https://goldenmatrix.com/company

www.ir.meridianbet.com

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Contact: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/49a68e41-6aa0-4530-ba42-1bf5d6f102af

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Meridianbet Expands Its Global Political Betting Offer Amid US Regulatory Shifts

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LAS VEGAS and VALETTA, Malta, May 14, 2024 (GLOBE NEWSWIRE) — Meridianbet, a prominent global sports betting and iGaming operator and a part of the Golden Matrix Inc. Group (Nasdaq: GMGI), continues its commitment to offering extensive political betting options amid significant regulatory developments in the USA.

With over 15 years of experience in political betting, Meridianbet continues to set industry benchmarks with its innovative offerings and extensive market reach.

Over 15 years of pioneering political betting

  • Tradition of Excellence: For over 15 years, Meridianbet, a part of the Golden Matrix Inc. Group (Nasdaq: GMGI), has been offering bets on the outcomes of political elections
  • Wide Range of Markets: Their betting portfolio includes elections in the USA, the UK, France, Spain, Italy, Germany, and the countries of Southeast Europe
  • Extensive Odds: Meridianbet provides an extensive range of odds, offering between 500 and 1000 different options per political event.

Focus on US Presidential Elections

Meridianbet’s current focus is on the USA elections, where they offer hundreds of betting options. Customers can place bets on a wide array of outcomes, including:

  • The new president’s name
  • The winning party
  • Election results by state
  • Popular vote winner and more

This comprehensive offering ensures that bettors have numerous ways to engage with the political process, making Meridianbet a leader in this niche market.

A Proactive and Compliant Approach

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Amid the latest news from the USA, where the Commodity Futures Trading Commission (CFTC) has moved to ban event contracts tied to political outcomes to avoid putting the futures exchange “in the role of an election cop” ahead of a crucial election in November, Meridianbet continues to solidify its unique market position.

Unlike others, Meridianbet excels at offering betting on political and other non-sports events, setting itself apart in the market.

Extensive Event and Odds Offerings

Meridianbet is a market leader, offering an impressive array of betting options:

  • Pre-match Sporting Events: With some 58,000 pre-match sporting events across 46 sports per month, bettors have a vast selection to choose from
  • Live Betting Opportunities: Each month, nearly 53,257 live betting opportunities provide customers with continuous engagement
  • In 2023, Meridianbet offered a total of 681,084 matches, including 361,931 in real sports, setting a new industry benchmark.

Innovative Feature: The Empty Bet

One of Meridianbet’s standout features is the Empty Bet, which allows customers unparalleled customization:

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  • Customization at its Best: The Empty Bet feature allows customers to submit their own unique wager ideas, as long as they meet legal, ethical, and industry standards
  • Global Reach: This feature is available to players worldwide, both online and in Meridianbet’s retail network of around 700 shops across Europe, the Americas, and Africa.

Meridianbet offers political betting within the broader framework of Empty Bets, offering a level of customization and engagement that is unparalleled in the industry. This feature distinguishes Meridianbet from other betting platforms and provides bettors with a unique and engaging experience.

Disclaimer

Meridianbet’s offer is restricted subject to legal, regulatory, and licensing restrictions by respective national jurisdictions.

About Meridianbet

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 a 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.

Meridianbet is part of the Golden Matrix Group, based in Las Vegas, Nevada, (NASDAQ: GMGI) is a leading B2B and B2C gaming technology company utilizing proprietary technology and operating globally across 17 regulated markets. The B2B division of Golden Matrix develops and licenses branded 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.

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Contact: [email protected] 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a52dad1e-c0b9-4ce6-9e61-07fdd3a163a3

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