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Meridianbet (GMGI) Launches Proprietary Flash Bet Instant Sports Simulation Feature
Globenewswire· 2025-12-26 15:08
Core Insights - Meridianbet, a subsidiary of Golden Matrix Group Inc., has launched Flash Bet, an instant sports simulation feature that allows players to simulate outcomes of real sports events with results delivered in seconds [1][2] Company Overview - Meridianbet Group, founded in 2001, operates in 18 jurisdictions across Europe, Africa, and South America, utilizing proprietary technology and scalable systems for its online sports betting and gaming operations [5] - Golden Matrix Group, based in Las Vegas, operates globally through B2B and B2C divisions, including Meridianbet, which is a leading sportsbook licensed in multiple regions [6] Industry Insights - The global virtual sports betting market is valued at $12.68 billion in 2024 and is projected to reach $44.52 billion by 2032, growing at a compound annual growth rate of 17% [3] - Flash Bet differentiates itself from traditional virtual sports products by simulating outcomes of actual scheduled sporting events, enhancing player engagement during off-peak hours and between major sporting events [2][3] - The phased rollout of Flash Bet across Meridianbet's operational footprint allows the company to gather player behavior data and optimize user experience before broader deployment [4]
Expanse Studios (GMGI) Enters Belgian iGaming Market
Globenewswire· 2025-12-23 14:20
Core Insights - Expanse Studios, a subsidiary of Golden Matrix Group Inc., is launching its proprietary game portfolio in Belgium through a partnership with Golden Palace, a licensed online casino aggregator [1][2]. Group 1: Market Entry and Expansion - The launch signifies Expanse Studios' entry into the Belgian market, enhancing the company's European distribution presence [2]. - Expanse Studios' game content will be accessible to Belgian players via Golden Palace's aggregation platform, which serves licensed B+ operators in Belgium's regulated online casino market [2][3]. Group 2: Market Overview - Belgium's online casino market generated €455 million in gross gaming revenue in 2023, reflecting a year-over-year growth of 20.2% and representing the largest segment of Belgium's €944.6 million online gambling market [3]. - The market is regulated by the Belgian Gaming Commission, which oversees 24 active B+ license holders [3]. Group 3: Company Strategy and Focus - Expanse Studios develops proprietary slot and table game content, distributing it through B2B partnerships to over 1,300 operators globally [4]. - The partnership with Golden Palace allows Expanse Studios to focus on content development while gaining immediate access to licensed Belgian operators, facilitating scalable expansion across regulated European markets [5]. Group 4: Company Profile - Expanse Studios is part of Golden Matrix Group, specializing in B2B iGaming content, with a portfolio of 56 proprietary titles [6]. - Golden Matrix Group operates globally through various B2B and B2C divisions, including online casinos and sports betting platforms [7].
Meridianbet (GMGI) Secures Belgian Online Casino License
Globenewswire· 2025-12-22 13:35
Core Viewpoint - Meridianbet has secured a B+ online gaming license in Belgium, allowing it to launch online casino products in January 2026, expanding its operations beyond sports betting in a highly regulated market [1][2][3] Group 1: License and Operations - The B+ license enables Meridianbet to operate a comprehensive online casino platform, including slots, table games, and automated live games, in addition to its existing sports betting services [2][3] - The new online casino platform will be distinct from Meridianbet's sports betting operations, which are governed by separate licensing [3] Group 2: Market Overview - Belgium's online gambling market generated €944.6 million in gross gaming revenue (GGR) in 2023, reflecting an 18% year-over-year growth [4] - The online casino segment specifically contributed €455 million to the GGR in 2023, marking a 20.2% year-over-year increase and representing the largest segment of the online gambling market in Belgium [4] - The market is highly concentrated, with ten operators accounting for 94% of online wagers among 24 active license holders [5] Group 3: Regulatory Environment - Belgium has one of the strictest regulatory frameworks for online gambling in Europe, characterized by comprehensive licensing requirements and stringent player protection protocols enforced by the Belgian Gaming Commission [5] Group 4: Technology and Innovation - Meridianbet's online casino platform will utilize proprietary AI-driven recommendation technology to analyze player behavior and preferences, providing real-time personalized game suggestions [6] Group 5: Company Background - Meridianbet Group, founded in 2001, operates in 18 jurisdictions across Europe, Africa, and South America, leveraging proprietary technology and scalable systems for its omni-channel market approach [7] - Golden Matrix Group, the parent company of Meridianbet, operates globally through B2B and B2C divisions, including various online gaming platforms [8]
Meridianbet (GMGI) Sponsors Top European MMA Championship
Globenewswire· 2025-12-19 17:49
Group 1: Company Overview - Meridianbet, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), is a sports betting and gaming operator that has announced its title sponsorship of Fight Nation Championship (FNC 26) [1] - The company operates in 18 jurisdictions across Europe, Africa, and South America, utilizing proprietary technology and scalable systems for its online sports betting and gaming services [7] - Golden Matrix Group operates globally through B2B divisions and B2C operations, including various online gaming platforms [8] Group 2: Industry Insights - The global mixed martial arts (MMA) market is valued at $1.5 billion, indicating significant growth potential in the sports entertainment sector [2] - Fight Nation Championship (FNC) is the leading MMA promotion in Europe, having hosted 43 events and over 272 professional matches, serving as a talent pipeline for top-tier global MMA organizations [3] - The event FNC 26 will feature an eight-bout fight card, including a bare-knuckle boxing rematch, highlighting the growing popularity of this discipline in the United States [6] Group 3: Marketing and Engagement Strategies - Meridianbet produces original programming, such as the "FightLife" documentary series, to enhance fan engagement and position itself as an integrated sports media platform [4] - The company maintains long-term partnerships with FNC athletes, creating branded content that extends beyond individual bout sponsorships [5] - FNC's social media presence and broadcast distribution across regional streaming platforms provide significant reach in primary revenue-generating jurisdictions [3]
Meridianbet (GMGI) Secures Strategic B2B Partnership with Fair Bet Ltd. and Expands Malta Retail Dominance
Globenewswire· 2025-12-19 14:47
Core Insights - Meridianbet has entered into a multi-year B2B licensing agreement with Fair Bet Ltd., enhancing its position in Malta's retail gaming market [1][2] - The partnership allows Meridianbet to supply its proprietary sports betting software and operational support to Fair Bet's retail sportsbook network [2][4] - Malta's retail gaming sector is highly concentrated, with only three licensed operators, creating significant barriers to entry for new competitors [3][4] Company Positioning - The agreement strengthens Meridianbet's competitive position by allowing it to operate its own retail locations while also powering two-thirds of the retail sector through its technology [4][5] - Meridianbet's CEO highlighted the unique positioning achieved in a market with high regulatory barriers, showcasing the strength of its platform [5] - The partnership expands Meridianbet's B2B footprint, demonstrating its capability to serve both proprietary B2C operations and third-party partners in regulated markets [5] Industry Context - Malta's gaming authority enforces stringent regulatory requirements, which limits retail participation to established operators like Meridianbet and Fair Bet [3] - The concentration of the market among three operators provides a rare competitive advantage for Meridianbet, as it effectively serves two of the three retail operators [4] - Meridianbet operates in 18 jurisdictions across Europe, Africa, and South America, utilizing proprietary technology and scalable systems for its business model [6][7]
Meridianbet Partners with BetBazar to Integrate Fast-Betting Content Across Global Sportsbook Markets
Globenewswire· 2025-12-17 19:16
Core Insights - Meridianbet has integrated BetBazar's fast-betting esports and virtual sports content into its sportsbook platform across 18 licensed jurisdictions in Europe, Africa, and South America [1][7] Group 1: Partnership and Content Integration - The partnership with BetBazar includes in-house produced esports content such as eFootball, eBasketball, eHockey, and CS:GO, along with table tennis tournaments featuring integrated live streaming capabilities [2] - The integration complements Meridianbet's existing fast-betting content strategy, following the deployment of BETER's ESportsBattle and Setka Cup tournaments, diversifying its offerings [3] Group 2: Fast-Betting Strategy - Fast-betting content is characterized by high-frequency events with rapid settlement times, catering to the growing player demand for continuous wagering opportunities beyond traditional sports schedules [4] - The multi-provider strategy allows Meridianbet to maintain content depth across esports and virtual sports categories while reducing dependency on single-source content feeds [4] Group 3: Competitive Advantage - BetBazar's in-house content production model provides proprietary tournaments that are not available through third-party sports data feeds, creating product differentiation in competitive markets [5] - As Meridianbet scales its fast-betting product category through partnerships, it positions itself to capture market share among demographics prioritizing high-frequency wagering experiences [6]
Meridianbet Partners with BETER to Deploy Fast-Betting Content Across Global Markets
Globenewswire· 2025-12-13 12:12
Core Insights - Meridianbet has signed a content distribution agreement with BETER to enhance its sportsbook offerings with exclusive esports and table tennis tournaments [1][2] - The partnership allows Meridianbet to integrate BETER's fast-betting content across 18 licensed jurisdictions, expanding its reach in Europe, Africa, and South America [2][7] Group 1: Partnership and Content Integration - The agreement includes BETER's ESportsBattle series and Setka Cup tournaments, which will be available on Meridianbet's platform [2] - BETER provides 24/7 live streaming and real-time data for approximately 700,000 events annually, with operator margins averaging over 7.5% [3][4] - The integration supports an omni-channel distribution strategy, allowing access to the same content across retail, desktop, and mobile platforms [5] Group 2: Market Positioning and Differentiation - BETER's exclusive tournament model offers differentiated content that is not available from competitors relying on third-party data feeds [6] - Meridianbet's operations span established European markets and emerging Latin American territories, enabling it to leverage diverse player demographics [7] - The fast-betting content aligns with Meridianbet's strategy to engage younger players who prefer rapid-action betting experiences [8]
Expanse Studios Launches Panda World Wide for New Year Promotional Season
Globenewswire· 2025-12-12 14:45
Core Insights - Expanse Studios has launched a New Year-themed slot game called Panda World Wide, aimed at supporting operator promotional campaigns during the Q4 2025 holiday season [1][2] Group 1: Product Features and Strategy - Panda World Wide is a 3x3 slot game featuring festive New Year imagery, designed to engage players during the holiday promotional window when operators typically ramp up marketing efforts [2][4] - The game includes a bonus round with symbol selection mechanics and Wild substitutions, enhancing promotional opportunities for operators [5] - Integrated promotional tools such as free spins, multilevel progressive jackpots, and tournament functionality allow operators to utilize the game within their existing marketing frameworks [6] Group 2: Market Position and Demand - Seasonal content releases are strategically aligned with operator marketing calendars, providing a competitive advantage by addressing specific operator needs during peak promotional periods [3][4] - The launch of Panda World Wide expands Expanse's social casino game catalog, tapping into a growing market opportunity as operators seek to diversify revenue streams beyond traditional real-money gaming [7] - Expanse Studios currently powers over 1,300 casino brands across Europe, LATAM, and North America, with a portfolio of 56 proprietary titles [8]
Global Matrix Group (NASDAQ: GMGI) Appoints Mr William Scott to Build on Success and Accelerate Growth - Golden Matrix Group (NASDAQ:GMGI)
Benzinga· 2025-12-08 07:01
Core Viewpoint - Golden Matrix Group Inc. is undergoing a leadership transition to align with its strategic execution and operational scale, with Mr. Brian Goodman stepping down as CEO and Mr. William Scott taking over as Interim CEO [5][6]. Group 1: Leadership Transition - Mr. Brian Goodman will step down as CEO effective December 12, 2025, unless an earlier date is agreed [6]. - Mr. William Scott, the Chairman of the Board, will assume the role of Interim CEO and lead the search for a permanent CEO [6][9]. Group 2: Company Transformation - Under Mr. Goodman's leadership, Golden Matrix transformed from a micro-cap operator to a diversified, NASDAQ-listed international gaming group [7]. - The company expanded into multiple regulated markets and built a portfolio of scalable B2B and B2C platforms [7]. Group 3: Future Strategy - Mr. Scott emphasized that the next chapter will focus on execution, scale, and consistent performance, leveraging the company's strong fundamentals and global reach [8]. - The company is committed to innovation, compliance, and delivering consistent results in a dynamic industry landscape [9].
Global Matrix Group (NASDAQ: GMGI) Appoints Mr William Scott to Build on Success and Accelerate Growth
Globenewswire· 2025-12-08 07:01
Core Viewpoint - Golden Matrix Group Inc. is undergoing a leadership transition with the retirement of CEO Brian Goodman and the appointment of William Scott as Interim CEO, aiming to enhance strategic execution and operational scale [6][8]. Leadership Transition - Brian Goodman will step down as CEO effective December 12, 2025, with William Scott taking over as Interim CEO and leading the search for a permanent successor [8]. - Scott, who has extensive experience in global gaming, previously held senior roles at GTECH/Lottomatica, contributing to the company's transformation into a broader international gaming group [10]. Company Transformation - Under Goodman's leadership, Golden Matrix evolved from a micro-cap operator to a diversified, NASDAQ-listed international gaming group, expanding into multiple regulated markets and establishing a scalable B2B and B2C platform portfolio [9]. - The company has built a business model focused on recurring revenue and disciplined growth, positioning itself for future success [9]. Strategic Focus - As Interim CEO, Scott will prioritize performance, operational optimization, and continued value creation for shareholders while overseeing the search for a permanent CEO [11]. - The company is committed to innovation, compliance, and delivering consistent results in a dynamic industry landscape, aiming to outperform the market and provide long-term value for shareholders [10][11].