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Tanzania's gambling industry accelerates transformation: Over 70% of bets shift online, raising concerns about regulation and addiction risks.

Tanzania's gambling industry accelerates transformation: Over 70% of bets shift online, raising concerns about regulation and addiction risks.

According to the "Citizen Report", the Tanzanian gambling industry is experiencing an unprecedented digital reshaping. In 2023, the total number of gambling users in the country reached 39.5 million, accounting for about 56% of the total population, with more than 70% of betting activities occurring

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2025 SBC Summit Focuses on African Betting Market: New Agenda Interprets Opportunities and Challenges in African Betting

2025 SBC Summit Focuses on African Betting Market: New Agenda Interprets Opportunities and Challenges in African Betting

The 2025 SBC Summit will be held on September 16 at the Lisbon International Exhibition Center (FIL), featuring for the first time a dedicated Emerging Markets segment focusing on the African betting market, to deeply explore the rapid development and potential opportunities of the African gaming in

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Global leading sports betting and gaming operator Meridianbet obtains Brazilian online gambling license.

Global leading sports betting and gaming operator Meridianbet obtains Brazilian online gambling license.

Meridianbet is a leading global sports betting and gaming operator and part of the Golden Matrix Group (NASDAQ: GMGI), which has now officially obtained an online gambling license in Brazil, entering one of the most profitable gaming markets in the world.According to data from H2 Gambling Capital, t

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Golden Matrix Group insider ownership hits 85 percent after Meridianbet acquisition

Golden Matrix Group insider ownership hits 85 percent after Meridianbet acquisition

A report from Golden Matrix Group has revealed that insider ownership holds 85.17 percent of the company’s shares. A NASDAQ company, the rest of Golden Matrix’s shares are held by 58 institutions, with 16.62 percent in float held by institutions and 2.46 percent in shares held by institutions.Accord

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Meridianbet enhances sponsorship deal with Serbian basketball team

Meridianbet enhances sponsorship deal with Serbian basketball team

Online gaming operator Meridianbet has enhanced its sponsorship agreement with Serbian basketball team Crvena Zvezda by integrating its logo onto the club’s crest. Meridianbet, part of the Golden Matrix Group (GMGI), said the move represents a “next-generation business model” for sports sponsorsh

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Golden Matrix Group's revenue increased by 85% in the third quarter of 2024, thanks to acquisitions and market expansion.

Golden Matrix Group's revenue increased by 85% in the third quarter of 2024, thanks to acquisitions and market expansion.

Golden Matrix Group announced strong performance for the third quarter of 2024, achieving continuous growth through acquisitions and operational expansion.The company's financial report for the quarter ending September 30, 2024, highlighted significant increases in revenue, gross profit, and operati

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Meridianbet expands NBA betting offering for new season

Meridianbet expands NBA betting offering for new season

Meridianbet has unveiled an expansion of its coverage for National Basketball Association (NBA) markets with over 2,000 online betting options per game. The markets include game outcomes, quarter and half markets and points markets, such as team and total points spreads. Players can also bet on p

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Meridianbet partners with Integrity Compliance 360 to enter the Brazilian market

Meridianbet partners with Integrity Compliance 360 to enter the Brazilian market

Meridianbet announces a new partnership with Integrity Compliance 360 (IC360) to enter the Brazilian sports betting and iGaming market.This collaboration aims to strengthen Meridianbet's commitment to maintaining integrity standards that meet global regulatory expectations.The company's Brazilian su

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Meridianbet partners with Integrity Compliance 360 for future entry into the Brazilian market

Meridianbet partners with Integrity Compliance 360 for future entry into the Brazilian market

O Golden Matrix Group announced that its wholly-owned subsidiary Meridianbet, a leading company in online sports betting and iGaming, has signed a strategic partnership with the US-based global sports integrity service provider, Integrity Compliance 360 (IC360). The agreement occurs as the Brazilian

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Meridianbet with Integrity Compliance 360 for Brazil

Meridianbet with Integrity Compliance 360 for Brazil

Golden Matrix Group subsidiary Meridianbet has announced a strategic partnership with Integrity Compliance 360, a US-based global sports integrity service provider. The partnership comes as Meridianbet's Brazilian subsidiary, Meridian Gaming Brasil, progresses in the licensing process for its entr

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Meridianbet gets approval to bring sports betting services to South Africa

Meridianbet gets approval to bring sports betting services to South Africa

Meridianbet, a subsidiary of Golden Matrix Group, has been awarded a sports betting license by the Western Cape Gambling and Racing Commission. After completing the application and passing the necessary regulations, Meridianbet was granted a bookmaker's license, bookmaker's premises lice

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Malta FA Cup now sponsored by Meridianbet

Malta FA Cup now sponsored by Meridianbet

Online gaming and sports betting group Meridianbet will become the new title sponsor of the FA Cup, known as the Malta FA Cup, which aims to support local clubs and the Maltese football community. The agreement is a three-year commitment. Commenting on the sponsorship, Stefan Pavlovic,

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