Meridianbet
Meridianbet Group Strengthens the ESG Reporting Segment
VALLETTA, Malta, March 26, 2024 (GLOBE NEWSWIRE) — In a significant step forward, Meridianbet Group, a leader in the online sports betting and gaming industry, has announced a strategic initiative to improve its Environmental, Social, and Governance (ESG) reporting capabilities. This move highlights the Group’s strong commitment to sustainability and corporate responsibility, fitting well with its growth strategy and ongoing social impact.
Advanced Integration and Comprehensive Monitoring
Meridianbet is enhancing its ESG efforts with new solutions designed for smooth integration into its current operations. This integration will support detailed monitoring and reporting across essential environmental areas, energy consumption, management of waste, emissions, and the use of renewable energy sources. Increased data analyses will also deliver more in-depth coverage of societal impact, both internally and externally. This comprehensive approach ensures thorough coverage of sustainability issues, advancing Meridianbet’s commitment to transparency and responsible business practices.
Accountability, Not Only Sustainability
By adopting an advanced ESG reporting framework, Meridianbet is focusing on 100% transparency across every facet of its business, with specific attention to regulatory and investor interests. The objectives are meticulously defined: to remove the need for manual data entry, employ cutting-edge data analytics, and utilize detailed visualization tools. These measures aim to streamline operations significantly and provide all the stakeholders with a comprehensive view of Meridianbet’s dedication to sustainability and responsible business practices.
Building on a Foundation of an Impressive CSR Agenda
Meridianbet’s latest initiative builds on its strong foundation in corporate social responsibility (CSR) and ESG principles. The Group has a rich history of engaging in CSR activities, from promoting environmental sustainability to enhancing public health, raising awareness on key issues, supporting charitable causes, and backing grassroots sports. In 2023 alone, the Group launched 225 CSR campaigns worldwide.
These efforts reflect Meridianbet’s resolve to contribute positively to society. The move to enhance ESG reporting marks a new phase in this journey, affirming the Group’s dedication to leading with actions that emphasize diversity, inclusion, and a sustainable future.
About Meridianbet Group
Established in 2001, Meridianbet Group, soon to be a part of the Golden Matrix Group Inc. (NASDAQ:GMGI) portfolio, subject to the closure of the Sale and Purchase Agreement, stands as a leading online sports betting and gaming group. With licenses in over 15 jurisdictions across Europe, Africa, and South America. The Group everages proprietary technology and scalable systems for multi-country and multi-currency operations.
For more information, visit https://ir.meridianbet.com.
X – https://twitter.com/meridianbet_ofc
Contact: [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/61025ea9-fda3-4d49-9e19-0b0c8ff8f0d3
Golden Matrix Group
MeridianBet Joins the Nasdaq Capital Market
The Meridianbet Group, a premier force in sports betting and igaming, marked a pivotal moment on April 19 as it joined the Nasdaq Capital Market (Nasdaq CM) under the Golden Matrix Group Inc. (Nasdaq: GMGI) banner.
The Opening Bell Ceremony at Nasdaq MarketSite in New York Times Square featured key executives from both companies and symbolized the beginning of a new era for expanded market reach and global strategic opportunities.
This significant event follows the recent acquisition of MeridianBet Group by Golden Matrix Group, Inc. (Nasdaq: GMGI), further solidifying their integration within the global market.
The transaction between Meridianbet and Golden matched not only their operations but also their strategic visions, reshaping the igaming and sports betting industry in the following years. MeridianBet was founded in 2001 and currently operates across 15 jurisdictions.
“This is a defining moment for both entities,” stated Brian Goodman, CEO of Golden Matrix. “Leveraging MeridianBet’s impressive market presence, technology and expertise and our advanced diversified offerings, we are set to redefine industry standards globally.”
“Joining the Nasdaq as part of Golden Matrix will scale our operations significantly,” noted Zoran Milosevic, CEO of MeridianBet. “We are excited about the increased market visibility and the opportunities to expand even further into new territories. This partnership will leverage our combined strengths, focusing on innovation and profitability.
Operational synergies and future growth
The combined entity is now poised to be one of globally leading proprietary technology and gaming platforms, already known for their high-margin, asset-light business model. The integration will particularly underline competitive advantages, supporting over 650 third-party casino brands and millions of registered retail and online customers worldwide. The Nasdaq listing means greater efficiency and a stronger platform from which to launch further expansions and innovations.
The team behind success and impact
Both companies remain dedicated to their teams and communities, recognizing the efforts of over 1,000 staff members who have been integral to their success. “A heartfelt thank you to everyone who has contributed to this journey,” Milosevic expressed. “Your dedication has been key to our growth and will continue to be vital as we set new records and deliver significant shareholder value.”
Meridianbet
The MeridianBet – Golden Matrix Transaction Secures Approval at GMGI Shareholder Assembly
LAS VEGAS and VALETTA, Malta, March 20, 2024 (GLOBE NEWSWIRE) — The MeridianBet Group, Southeast Europe’s leading Business-to-Consumer (“B2C”) sports betting and gaming group, operating in multiple markets across Europe, Africa, and Latin America, is pleased to note that shareholders of Golden Matrix Group Inc, (“GMG”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, (NASDAQ: GMGI), have voted to approve the acquisition of MeridianBet.
Commenting on the merger Zoran Milosevic, Chief Executive Officer of MeridianBet Group, said:
“Today marks a major milestone for MeridianBet and I am thrilled that the shareholders of Golden Matrix have overwhelmingly voted in favor of the acquisition of MeridianBet. By joining forces, we are not only expanding our reach but enhancing our ability to provide customers with a diverse and comprehensive offering whilst creating a leading global betting group. I look forward to announcing the completion of the deal in due course.”
The following excerpt from the announcement, which was released on NASDAQ is set out without any material changes:
Golden Matrix Stockholders Approve Acquisition of MeridianBet Group
LAS VEGAS, NV, March 20, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI) (“GMGI”, “Golden Matrix” or the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced that its stockholders have voted to approve the terms of, and the issuance of shares of common stock in connection with, that certain previously announced Amended and Restated Sale and Purchase Agreement of Share Capital dated June 27, 2023 (as amended and restated from time to time, the “Purchase Agreement”) by and between the Company, as purchaser and Aleksandar Milovanović, Zoran Milošević and Snežana Božović, owners of MeridianBet Group, pursuant to which the Company seeks to acquire MeridianBet Group, at a special meeting.
“We are extremely pleased with the shareholder vote and believe that the strong support expressed by our stockholders for the acquisition reflects their belief that the acquisition provides a compelling opportunity to grow our operations, global footprint and the overall business,” said Brian Goodman, Chief Executive Officer and Chairman of Golden Matrix.
Stockholders representing 32,406,412 shares of the Company’s capital stock entitled to vote at the Special Meeting were present in person or by proxy representing 73.5% of the voting shares issued and outstanding on the record date of January 31, 2024.”
The completion of the purchase remains subject to the satisfaction of certain other closing conditions, including the Company raising sufficient funding to complete the purchase; however, the Company continues to work toward completing the transaction and currently anticipates such conditions to closing occurring prior to, and such closing occurring, in April 2024, subject to the satisfaction of the conditions thereto.
The final voting results for each proposal voted on at the special meeting is set forth in a Current Report on Form 8-K filed by Golden Matrix with the U.S. Securities and Exchange Commission.
A full copy of the announcement can be viewed by visiting: https://www.nasdaq.com/articles/golden-matrix-stockholders-vote-to-acquire-meridianbet-group?time=1710944386
About MeridianBet Group
Founded in 2001, the MeridianBet Group is a well-established online sports betting and gaming group, licensed and currently operating in 20 jurisdictions across Europe, Africa and South America. The Group’s successful business model is underpinned by the use of proprietary technology and scalable system allowing it to operate in multiple countries and currencies and an omni-channel approach to markets, including retail, desktop online and mobile. For more information, visit https://ir.meridianbet.com.
About Golden Matrix
Golden Matrix Group, based in Las Vegas NV, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients and RKings, its B2C division, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The Company also owns and operates MEXPLAY, a regulated online casino in Mexico.
Our sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current US law.
A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/b057c7c5-29bc-4d73-8ac9-590bd900af14
Meridianbet
MeridianBet to Showcase New Games at ICE London Amid a Robust 55% Online Casino Growth in FY2023
- The Group’s subsidiary Expanse Studios to showcase three new games at ICE London 2024
- Online casino revenue surges by 55% in FY2023, supported by 833,000 new registrants across 15 global B2B and B2C platforms
- The MeridianBet Group is being acquired by Golden Matrix Group, Inc. (NASDAQ: GMGI), with completion expected by late March 2024
VALETTA, Malta and LONDON, Feb. 05, 2024 (GLOBE NEWSWIRE) — The MeridianBet Group (Meridian), one of the world’s leading sports betting and gaming groups, operating in multiple markets across Europe, Africa and Latin America, announced today that Expanse Studios, Group’s dedicated subsidiary specializing in online casino game development, will be featuring its three latest game releases at ICE London 2024 (February 6-8).
According to Meridian CEO, Zoran Milosevic, Expanse Studios’ three new exciting games – Leprechaun Wish, Shaolin Crew and Pinata Loca – “represent the cutting edge of casino entertainment and bring a new dimension to online gaming, offering an array of features and benefits that will be extremely popular with casino operators and their players. We are excited to be highlighting these games at one of the largest gaming conferences in the world, and expect them to be very well-received.”
The MeridianBet Group is now being acquired by the Golden Matrix Group, Inc. (NASDAQ: GMGI), with the transaction expected to close in late March 2024.
“Mr. Milosevic added that Meridian’s online casino full-year revenue surged by an impressive 55% in 2023, underpinned by the substantial addition of 833,000 new registrants across the company’s extensive network of 15 B2B and B2C platforms operating worldwide.”
“We are pleased with Meridian’s continued profitable growth and expansion, as we become a much larger enterprise within an outstanding public gaming company,” said Mr. Milosevic. “It comes at an opportune time when new legalized jurisdictions are opening up globally, and we have applied for licenses in several of the world’s largest and best gaming markets. We are confident that the transition into a combined company with Golden Matrix will go smoothly, lead to improved operational and financial efficiencies, and create exceptional long-term value for our many stakeholders.”
About MeridianBet Group
Founded in 2001, the MeridianBet Group is a well-established online sports betting and gaming group, licensed and currently operating in 15 jurisdictions across Europe, Africa and South America. The MeridianBet Group’s successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omni-channel approach to markets, including retail, desktop online and mobile. For more information, visit https://ir.meridianbet.com.
About Golden Matrix
Golden Matrix Group, Inc. (NASDAQ: GMGI), based in Las Vegas NV, is an established business-to-business (B2B) and business-to-consumer (B2C) gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients and RKings, its B2C division, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The Company also owns and operates MEXPLAY, a regulated online casino in Mexico.
Our sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current US law.
Connect with us:
The MeridianBet Group
Contact: [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f3762bf-473b-421e-b215-32e2b74aac65
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