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Meridianbet (GMGI) Launches "Watch & Bet" -- New In-Play Feature to Accelerate User Monetization and Core Revenue Growth

By: Newsfile
April 04, 2025 at 12:44 PM EDT

Valletta, Malta--(Newsfile Corp. - April 4, 2025) - Meridianbet, part of Golden Matrix Group Inc. (NASDAQ: GMGI), today announced the launch of Watch & Bet, a new mobile feature that enables users to stream live sports in full-screen mode while placing in-play bets simultaneously. The feature is built to increase in-play betting volume, extend session duration, and drive higher revenue per active user, directly supporting growth in turnover, user value, and margin.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Watch & Bet Unlocks Full-Screen Streaming with Real-Time In-Play Betting Across Meridianbet's Mobile Platform
  • GMGI Reports FY24 GAAP Revenue of $151.1M and Organic Revenue of $159.7M (Unaudited)
  • Product Rollout Strengthens Core Monetization Strategy and Reinforces Meridianbet's Focus on Scalable, Margin-Accretive Technology

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7294/247370_meridianbetimage_550.jpg

Click image above to view full announcement.

About Meridianbet

Founded in 2001, Meridianbet is a leading provider of betting and gaming technology, licensed in 18 jurisdictions across Europe, Africa, and South America. Its proprietary technology and scalable systems allow for multi-market operations with a strong omnichannel presence, including retail, online desktop, and mobile gaming. Meridianbet is a subsidiary of Golden Matrix Group, Inc. (NASDAQ: GMGI). For more information, visit meridianbet.ng or contact ir@meridianbet.com.

Contacts:

Milan Koricanac
milan.koricanac@meridianbet.com

Source: Meridianbet Group

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247370

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