Gaming technology company Golden Matrix Group has announced record-breaking results for its subsidiary, Meridianbet, in August, setting a revenue high in the Americas driven primarily by online sports and casino growth.
“Meridianbet’s August performance is a testament to our consistent and strategic growth strategy as well as our commitment to excellence in both our igaming and sports betting markets. These record-breaking results demonstrate operational strength across multiple regulated markets and further solidify our standing as a global leader specifically in the iGaming space,” Brian Goodman, CEO of Golden Matrix Group, said in a press release. “With continued focus on delivering superior experiences to our customers, we are confident that we will maintain this upward trajectory and strong momentum in the coming months.”
Golden Matrix acquired Meridianbet in January 2023 in a $300 million deal that gave Golden Matrix access to Meridianbet’s established business-to-consumer sports betting and gaming platform. The acquisition has expanded Golden Matrix’s customer base and enhanced its presence in newly regulated markets, including the United States.
“We are pleased to be on the path to completing this acquisition and look forward to strengthening and growing our position in the global online betting and gaming industry, expanding into new regulated markets, and maintaining our ongoing drive to scale the business as a whole at a rapid growth rate,” Goodman said.
