Meridianbet

Meridianbet to Offer Extensive Betting Options for the Kentucky Derby 2024

Published

6 months ago

May 3, 2024

meridianbet-to-offer-extensive-betting-options-for-the-kentucky-derby-2024

LAS VEGAS and VALETTA, Malta, May 03, 2024 (GLOBE NEWSWIRE) — As the excitement builds for the 150th running of the Kentucky Derby, Meridianbet proudly announces its wide array of betting options for this iconic event.

Set to take place on May 4, 2024 at Churchill Downs, this year’s Derby promises an unforgettable spectacle of sport and entertainment.

For over 15 years, Meridianbet has been one of global leaders in horse racing betting, offering enthusiasts a chance to engage with the sport in profound and rewarding ways.

This year, we continue our tradition by providing a diverse range of bets for each horse and jockey participating in the Derby, including win, forecast, and tricast options.

How to Bet on the Kentucky Derby with Meridianbet

European Gaming Congress 2024 (Warsaw, Poland)

Meridianbet offers a straightforward and exciting way to bet on the Kentucky Derby. Whether you’re a seasoned bettor or new to horse race wagering, our platform provides an intuitive and secure environment to place your bets:

Visit Meridianbet’s Kentucky Derby (Churchill Downs) betting page
Sign up or log in to access our full range of betting options
Choose from win, forecast, or tricast bets for any horse
Enjoy the race and experience the thrill of betting with Meridianbet

The Kentucky Derby is not just a race; it’s a pinnacle of horse racing tradition, attracting celebrities, athletes, and enthusiasts from around the globe. This year’s event will also be attended by three of The Athletic’s staff, highlighting its significance in the sports world.

Introducing Empty Bet: A Game-Changer in Sports Betting

This is not all either. Meridianbet’s Empty Bet feature revolutionizes online betting by allowing customers to wager on any measurable event, offering unparalleled customization. Whether you’re into sports, politics, or entertainment, Empty Bet lets you harness your creativity and expertise to craft unique bets, providing odds you won’t find elsewhere.

The same goes for Kentucky Derby 2024 – customize your unusual bet and receive the odds!

Whether you’re betting on your favorite horse or exploring forecast and tricast bets, Meridianbet is your trusted partner in horse race betting.

Responsibility and restrictions disclaimer

Sports betting services are not legal in all locations. Be sure to comply with applicable laws and regulations where you reside.

About MeridianBet

Founded in 2001, the MeridianBet Group is a well-established online sports betting and gaming group, licensed and currently operating in more than 15 jurisdictions across Europe, Africa, and South America. The MeridianBet Group’s successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omni-channel approach to markets, including retail, desktop online and mobile.

Meridianbet is the part of the Golden Matrix Group (NASDAQ: GMGI).

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

Twitter – https://twitter.com/meridianbet_ofc

Contact: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/229ae852-a9ae-4be4-b1c7-0b0a64b09462

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]