News - Meridianbet

Meridian Holdings Inc., Formerly Golden Matrix Group, Inc., Announces Commencement of Trading Under New Ticker “MRDN”

Meridian Holdings Inc. (NASDAQ: MRDN) ("Meridian" or the "Company"), an international developer, licensor, and global operator of online gaming and ecommerce platforms, today announced the commencement of trading of its common stock under its new ticker on a post-1-for-12 reverse split, name-change basis, effective as of market open today, March 3, 2026.https://twitter.com/meridianbet_ofc/status/2028823566754468038In connection with the previously announced...

Meridianbet Completes Acquisition of Fairbet, Expanding Malta Retail Network

Meridianbet, a leading sports betting and gaming operator and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), today announced the Company has completed the acquisition of Fairbet Ltd., a licensed retail gaming operator in Malta holding MGA license B2C/195/2011.The transaction sees Meridianbet taking 100% ownership of Fairbet's operations across Malta and Gozo – the...

Meridianbet Extends EuroLeague Title Sponsorship with Red Star to 2030

Meridianbet, a leading sports betting and iGaming operator in 18 jurisdictions and a subsidiary of NASDAQ-listed Golden Matrix Group Inc. (NASDAQ: GMGI), has extended its title sponsorship deal with EuroLeague basketball club Crvena Zvezda (Red Star Belgrade) through 2030, maintaining one of European basketball's most significant long-term private-sector partnerships. Meridianbet .Red Star 2030The multi-year...

Meridianbet Powers Golden Matrix to Record $47.3M Q3 2025 Revenue (+15% YoY)

Casino GGR up 30% to $14.6M on $485M turnover, Sports Betting up 25% to $13.3M, Depositors up 25%, New Registrations up 70% — driving Golden Matrix to profitability ($0.4M net income), 32% Adjusted EBITDA growth ($5.7M), and $25.9M debt reductionGolden Matrix Group Inc. (NASDAQ: GMGI), the parent company of Meridianbet, today announced record third...

Meridianbet’s Largest Shareholder Aleksandar Milovanovic Completes $500,000 Cash-to-Equity Conversion Under Post-Closing Agreement with Parent Company

Mr. Aleksandar Milovanović, founder and largest shareholder of Meridianbet, has completed a $500,000 cash-to-equity conversion under the Post-Closing Cash Consideration Conversion Agreement, as specified in the Eighth Amendment to the Amended and Restated Sale and Purchase Agreement with the parent company, Golden Matrix Group (GMGI).The Eight Amendment was signed on August 29, 2025 and...

Golden Matrix Q2 2025 Results Highlight Meridianbet’s Strong Contribution to Growth

Golden Matrix Group Inc. (NASDAQ: GMGI) (“Golden Matrix” or the “Company”), a developer, licensor, and global operator of online gaming platforms, today announced financial and operational results for the second quarter ended June 30, 2025. The Company reported continued strength across its diversified portfolio, with Meridianbet once again delivering a significant contribution to <a...</a...

Meridianbet Publishes Global 2024 ESG Report, Highlighting Over 290 CSR Campaigns, Tech Innovation, and Global Impact

Meridianbet in 2024: Global ESG Standards. Nasdaq-Level AccountabilityAs we reflect on the past year, one thing is clear — progress only matters when it’s visible, measurable, and felt across the communities we serve. This Global 2024 ESG Report is more than a summary of our work; it’s a record of where we’ve delivered, where we’ve...

Golden Matrix Group Reports Record $151M FY2024 Revenue – Forecasts Up to 80% Growth in Q1 2025

Strong fourth-quarter performance, strategic acquisitions, and platform innovation drive Golden Matrix’s global momentum — with Meridianbet contributing significantly across regulated markets.FY2024 Revenue Soars 63% to $151 Million, Q4 Revenue Jumps 81% to $46 MillionGolden Matrix Group Inc. (NASDAQ: GMGI), a global operator of B2B and B2C online gaming platforms, reported record full-year and fourth-quarter financial...

Meridianbet Secures Permanent Betting License in Brazil

Golden Matrix Group Inc. (NASDAQ: GMGI) (“Golden Matrix” or the “Company”), a developer and licensor of advanced online gaming platforms and content, proudly announces that its subsidiary, Meridian Gaming Brasil SPE Ltda (“Meridianbet”), has been duly granted a definitive federal license (No. 0086/2024) by Brazil’s Ministry of Finance Secretariat of Prizes and Betting (SPA/MF), authorizing...

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

Meridianbet, a subsidiary of Golden Matrix Group, Inc. (NASDAQ: GMGI), 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....