Golden Matrix Expands Globally with MeridianBet Acquisition

Global Expansion Unleashed

The partnership brings together Golden Matrix’s prowess as a premier developer and operator of online gaming platforms with MeridianBet Group’s extensive experience in the B2B and B2C casino and sports betting arenas. This deal positions the combined entity as a force to be reckoned with on a global scale, spanning diverse markets across four continents.

By integrating MeridianBet Group’s assets into its ecosystem, Golden Matrix sets its sights on unlocking fresh revenue streams and bolstering its revenue-generating capabilities. This strategic alignment is expected to drive sustained growth and profitability in an increasingly competitive online gaming stage.

Despite the acquisition, Golden Matrix reaffirms its loyalty to transparency and investor confidence. The company’s common stock will continue to trade on The Nasdaq Capital Market under the ticker symbol ‘GMGI’, ensuring continuity and stability for investors.

Charting a Path to Success

The acquisition of MeridianBet Group propels Golden Matrix into a new era of expansion and innovation. With a strengthened foothold in key markets and an enriched portfolio of gaming solutions, Golden Matrix is well-positioned for a future filled with opportunities and success in the dynamic online gaming industry.

Commenting on this move, the Chief Executive Officer for Golden Matrix, Brian Goodman, said: “This is a momentous occasion and one that we believe will result in a fundamental as well as a transformational change for our rapidly growing company. The consolidated businesses are expected to deliver significant increases in both revenues and profitability and we believe we are now well-positioned to continue our growth trajectory and deliver incremental value to all our stakeholders.”

The Chief Executive Officer for MeridianBet Group, Zoran Milosevic, said: “Today marks a major milestone for our combined entity. By ing forces, we are not only expanding our reach but enhancing our ability to provide customers with a diverse and comprehensive offering while creating a leading global betting group.”

Source:

”Golden Matrix Announces Completion of Acquisition of the MeridianBet Group”, europeangaming.eu, April 10, 2024.