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

Group 1 - Meridianbet has officially launched its B2B operations in Nigeria, entering a regulated $2 billion betting market [1][5] - The company has secured full regulatory approval from the Lagos State Lotteries and Gaming Authority, allowing operations in sports betting and online casino verticals [1][5] - Meridianbet's entry into Nigeria strengthens its 20-year presence in Africa, leveraging its proven track record in regulated markets [1][5] Group 2 - Golden Matrix Group, Inc. (NASDAQ: GMGI) projects FY 2024 revenue of approximately $150 million, with full financial results expected soon [5] - The company utilizes AI-powered betting innovations and market expansion strategies to position itself for long-term success in Nigeria's gaming industry [5] - Meridianbet is a leading provider of betting and gaming technology, licensed in 18 jurisdictions across Europe, Africa, and South America [4]