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Meridianbet Expands B2B Operations into Nigeria, Entering a Regulated $2 Billion Betting Market

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Meridianbet, a subsidiary of Golden Matrix Group, Inc., has officially launched its B2B operations in Nigeria, one of the largest and fastest-growing betting markets in Africa. The company’s entry into Nigeria further strengthens its 20-year presence in Africa, leveraging its proven track record in regulated markets to deliver world-class gaming products.

Through its newly licensed local entity, Masterlive Network Limited, Meridianbet has secured full regulatory approval from the Lagos State Lotteries and Gaming Authority (LSLGA), allowing it to operate in both sports betting and online casino verticals under License No: LSLGA/OP/OSB/MB041124.

The official launch of Meridianbet.ng marks a strategic expansion into a market worth over $2 billion, according to the research of Orange Business Intelligence Technology, with over 60 million Nigerians actively participate in betting, contributing to one of the fastest-growing industries on the continent.

Zoran Milosevic, CEO of Meridianbet, commented: “Our expansion into Nigeria marks a significant step in our long-term strategy to deepen our presence in Africa’s most dynamic gaming markets. With a highly engaged player base and strong industry growth, Nigeria presents a major opportunity for our B2B model. We are committed to bringing our cutting-edge technology, AI-powered betting solutions, and localized expertise to drive long-term success for our partners in the region.”

FY 2024 Revenue Growth & Investor Outlook

Golden Matrix Group has provided a preliminary full-year 2024 revenue estimate of $150 million, reflecting the company’s continued growth trajectory. The Group expects to release its audited FY 2024 financial results in the coming days, offering investors a comprehensive performance overview. The Nigerian market represents a strategic opportunity for future revenue expansion, aligning with GMGI’s global strategy to strengthen its presence in high-growth gaming markets.

Key Market Potential & Strategic Expansion

According to the Orange Business Intelligence Technology (ORBIT), Nigeria’s betting industry surpassed $2 billion back in 2020, with projections indicating up to $4.7 billion in annual revenue potential over the next decade. Football remains the primary driver of market growth, with a vast customer base engaging both online and offline. Meridianbet’s B2B model will provide advanced technology solutions, gaming content, and platform services to local operators, offering a scalable and highly adaptable system tailored to the Nigerian market.

A Strategic Milestone in Meridianbet’s African Growth

With operations in 18 markets across Europe, Africa, and Latin America, Meridianbet has built a reputation as a leading technology provider and betting operator. The company’s expansion into Nigeria follows its long-standing success in established African markets, where it has been a dominant player for over two decades.

The soft launch of Meridianbet.ng is already delivering positive early results, with strong partner satisfaction and excellent customer feedback.

AI-Powered Innovation & Market Expansion

As part of this rollout, Meridianbet is introducing its proprietary AI Sports Betting Recommender and AI Casino Recommender, delivering personalized betting experiences based on real-time data, player behavior, and predictive analytics. These innovations, already proving successful in multiple markets, will enhance customer engagement, retention, and overall user satisfaction in Nigeria’s rapidly evolving gaming landscape.

The post Meridianbet Expands B2B Operations into Nigeria, Entering a Regulated $2 Billion Betting Market appeared first on European Gaming Industry News.

Africa

African iGaming Alliance names SPRIBE a Platinum Supplier Member

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The African iGaming Alliance (AiA) has signed a strategic partnership with iGaming supplier SPRIBE, with SPRIBE joining the pan-African industry association as a Platinum Supplier Member.

AiA said the partnership will focus on regulatory engagement, industry research, responsible gaming initiatives, policy advocacy and stakeholder engagement aimed at strengthening regulated gaming markets across African jurisdictions.

According to AiA, the collaboration will also support efforts to promote effective regulation, combat illegal gambling, improve market channelisation and encourage evidence-based policymaking.

Peter Emolemo Kesitilwe, Chief Executive Officer of the African iGaming Alliance (AiA), said:

“SPRIBE’s decision to join the African iGaming Alliance as a Platinum Supplier Member represents a significant endorsement of our vision for a sustainable and well-regulated African gaming industry. As one of the industry’s leading technology innovators, SPRIBE brings valuable expertise, insight, and global experience that will strengthen our efforts to support regulators, governments, operators, and other stakeholders across the continent. We look forward to working closely together to promote responsible gaming, regulatory best practice, and long-term industry sustainability.”

The post African iGaming Alliance names SPRIBE a Platinum Supplier Member appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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Booming Games signs content deal with World Sports Betting in South Africa

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WSB adds Booming titles including Tasty Bonanza, Cash Pig and the Buffalo series to its casino lobby.

Booming Games has signed a partnership with World Sports Betting (WSB) to roll out a selection of its casino titles on WSB’s platform in South Africa.

Under the agreement, WSB players will gain access to Booming Games content including Tasty Bonanza, Cash Pig and the Buffalo series. Booming Games positioned the deal as part of its wider expansion strategy across Africa.

Ryno Du Plessis, Group Chief Operating Officer at World Sports Betting, said: “We believe that Booming’s portfolio will offer something new and unique to our clients. Titles like Tasty Bonanza, Cash Pig and the popular Buffalo series are sure to be very popular with our player base.”

Solomon Godwin, Head of Africa at Booming Games, added: “We are thrilled to partner with World Sports Betting, a company with an outstanding reputation for delivering premium entertainment to players across the South African market. This collaboration represents an exciting step forward in expanding Booming Games’ reach and ensuring our titles are accessible to even more players in South Africa. We look forward to building a successful long-term relationship and delivering high-quality entertainment to their customers.”

The post Booming Games signs content deal with World Sports Betting in South Africa appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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Betcamp Announces Siasia, Mighty George as Ambassadors

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Nigeria’s latest sports betting brand, Betcamp, has officially unveiled Nigerian football legend, Samson Siasia, and renowned broadcaster, Guinness World Record holder and media personality, Mighty George, as brand ambassadors.

The unveiling ceremony was held at the company’s Abuja headquarters and marks another major milestone for the fast-rising sports betting platform, which officially went live on May 25, 2026.

The appointments reflect Betcamp’s commitment to partnering with personalities who embody excellence, credibility, resilience and innovation, while strengthening its connection with sports fans and entertainment audiences across Nigeria.

Samson Siasia remains one of the most accomplished figures in Nigerian football history. As a player, he was part of Nigeria’s historic 1994 Africa Cup of Nations-winning squad and represented the country at its first-ever FIFA World Cup appearance in the US.

He later distinguished himself as a coach, leading Nigeria’s Flying Eagles to the FIFA U-20 World Cup Final in 2005, winning Olympic Silver in Beijing 2008 and Olympic Bronze in Rio 2016.

Mighty George is one of Nigeria’s most celebrated broadcast personalities. A multiple award-winning journalist and presenter, he is the current Guinness World Record holder for the Longest Talk Show and the penultimate recipient of the Nigerian Presenter of the Year Award. Through his work in broadcasting, live events and sports media, he has built a reputation as one of the country’s most engaging and influential media figures.

As part of the partnership, Mighty George will serve as the official host of “Inside The Camp,” a new podcast powered by Betcamp. The platform will feature engaging conversations with sports icons, entertainers, business leaders and influential personalities, offering audiences unique insights into their lives, careers and experiences.

Speaking after the unveiling, Siasia expressed his excitement at joining the Betcamp family.

“I am excited about this journey and look forward to the growth and success of the brand. I have had the opportunity to closely observe the vision and commitment of the people behind Betcamp, and I can confidently say this is a brand built on integrity, professionalism and innovation. I am proud to be associated with a platform that is committed to serving sports fans and punters across Nigeria.”

Mighty George also expressed delight at the endorsement and the opportunity to contribute to the growth of the brand.

“I am truly excited to be joining Betcamp at such an important stage of its journey. From my interactions with the team, it is clear that this is a brand driven by innovation, integrity and a genuine passion for sports. I am honoured by the confidence reposed in me and look forward to helping build meaningful connections with sports fans across Nigeria while creating engaging and impactful conversations through Inside The Camp.”

Speaking on behalf of the company, Betcamp Lead Strategist, Mr. Ifiok Albert, described the appointments as a significant step in the company’s growth strategy.

“We are delighted to welcome Samson Siasia and Mighty George to the Betcamp family as Brand Ambassadors. Both individuals represent values that align perfectly with our brand — resilience, excellence, discipline, commitment, professionalism and consistency. Their achievements in their respective fields have earned them credibility and respect, making them ideal partners as we continue to build a trusted and innovative sports betting platform.”

He added that the company remains committed to delivering premium sports betting experiences powered by innovation, transparency and customer satisfaction.

Since officially going live on May 25, 2026, Betcamp has continued to establish its presence within Nigeria’s sports ecosystem through a series of fan engagement initiatives and strategic activations. The brand recently hosted a successful football viewing experience in Abuja on May 30 and is set to continue its nationwide engagement drive with activations across key cities.

As part of its expansion plans, Betcamp will also host a major launch event at its Uyo office this month, bringing together sports enthusiasts, stakeholders, partners and members of the public for a celebration of sports, entertainment and innovation.

With the unveiling of Samson Siasia and Mighty George as Brand Ambassadors, alongside the launch of Inside The Camp, Betcamp is positioning itself as more than a sports betting platform. The company aims to become a leading sports and entertainment brand dedicated to engaging fans, celebrating excellence and creating memorable experiences for Nigerians.

The post Betcamp Announces Siasia, Mighty George as Ambassadors appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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