Tag Archives: Meridianbet

Golden Matrix Group (GMGI) has announced a record-breaking performance for its wholly owned subsidiary, Meridianbet, in August 2024.  Known for its strong presence in the igaming and sports betting sectors, Meridianbet reportedly reached ‘exceptional growth’ across multiple regions, particularly in its B2C operations. Brian Goodman, CEO of Golden Matrix Group, commented: “Meridianbet’s August performance is a testament to our consistent …

The SBC Summit  in Lisbon will place a spotlight on leadership’s view of the evolving dynamics and makeup of African gambling markets. William Scott, Chairman of Golden Matrix Group (GMGI), believes that there is no doubt that African markets will grow in significance for Western operators. As such, Western stakeholders must respect the regulatory frameworks, which are at different stages …

Golden Matrix Group Inc (GMGI) lauds its new corporate profile, as the Nasdaq online gambling group boosts its portfolio and performance with the integration of Meridianbet assets. Q2 accounts saw GMGI achieve group consolidated revenues of $39.4 million, a 75% increase on Q2 2023 results of $22.6 million. Revenue results top GMGI market guidance, issued in Q2 following the completion …

Meridianbet has announced that it has been named the title sponsor of the Maltese FA Cup. Now officially rebranded as the Meridianbet FA Trophy, the deal aims to underscore the operator’s commitment to supporting local clubs and enhancing the football community in Malta, with an emphasis on ‘promoting national pride and unity’. Stefan Pavlovic, Director of Meridian Gaming Ltd, commented: …

Meridianbet has announced a partnership with Cypriot football team FC AEL Limassol.  Described as the biggest sponsorship agreement in Cypriot football, Meridianbet’s branding will be seen on the front of the team’s shirts. The deal also aims to underscore the operator’s decades-long local presence and support for paramount sports in the region. Chrysothemi Valanidou, CEO of Meridianbet Cyprus, said: “We …

Golden Matrix Group Inc (GMGI) has underscored its corporate transformation, boosted by the acquisition of MeridianBet Group, a deal completed in April 2024. The Nasdaq-listed technology group issued a ‘preliminary notice’, forecasting its corporate revenues to top $39m for Q2 trading (period ending 30 June). Of significance, period trading saw GMGI align MeridianBet’s financial results with its fiscal calendar, reporting …

Meridianbet has been granted an official sports-betting licence for South Africa. A subsidiary of Golden Matrix Group, the operator was issued a bookmaker licence by the Western Cape Gambling and Racing Board, as well as a bookmaker premises licence and a manufacturer licence. Zoran Milosevic, CEO of Meridianbet, explained that the brand is thrilled to enter the South African market, …

Golden Matrix (GMGI) expects to close its acquisition of MeridianBet Group within the next six months after amending its purchase agreement with the Southeast European betting group for the second time. The Las Vegas-based gaming and ecommerce developer and operator projects that the takeover of B2C betting group MeridianBet will be concluded in either Q3 2023 or the first quarter …

Meridianbet has been named the official sponsor of FK Sarajevo as it strengthens its investments in Southeast European Football. The sports betting platform – founded in 2001 and currently operating in more than 15 jurisdictions across Europe, Africa and South America – has stated that the partnership further underscores its commitment to promoting and uplifting sports ‘on a global scale’. …

Golden Matrix Group Inc (GMGI) has signed an amended and restated purchase agreement, to settle terms of its acquisition of MeridianBet.  The deal reduces the purchase payment made by GMGI to MerdianBet for the acquisition of the group,a Malta-based B2C betting and gaming operator active in Europe, Africa and Latin America. Specifically, the cash required to be paid by GMGI …