Curated News
By: NewsRamp Editorial Staff
March 13, 2025

Meridianbet Expands B2B Operations in Nigeria, Eyes Growth in $2 Billion Market

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Source News Release

TLDR

  • Meridianbet's entry into Nigeria taps into a $2 billion betting market, offering a strategic advantage for growth and expansion.
  • Meridianbet's B2B operations in Nigeria are approved by the Lagos State Lotteries and Gaming Authority, allowing sports betting and online casino activities under License No: LSLGA/OP/OSB/MB041124.
  • Meridianbet's expansion into Nigeria brings cutting-edge technology and AI solutions to enhance the gaming experience, contributing to the industry's growth and providing opportunities for local operators.
  • Meridianbet's AI Sports Betting Recommender and AI Casino Recommender introduce personalized experiences based on real-time data, offering an innovative approach to customer engagement in Nigeria's gaming landscape.

Impact - Why it Matters

This news matters as it highlights Meridianbet's strategic expansion into Nigeria's lucrative betting market, showcasing the company's commitment to leveraging advanced technology for long-term success in Africa. The move also signifies potential revenue growth for Golden Matrix Group, aligning with its global strategy to strengthen presence in high-growth gaming markets.

Summary

Meridianbet, a subsidiary of Golden Matrix Group, Inc., has launched its B2B operations in Nigeria, entering one of Africa's fastest-growing betting markets. The company obtained full regulatory approval from the Lagos State Lotteries and Gaming Authority to operate in sports betting and online casino verticals.

The Nigerian market, valued at over $2 billion, presents a strategic opportunity for revenue expansion. Meridianbet's AI-powered solutions and localized expertise aim to drive success for partners in the region.

Source Statement

This curated news summary relied on this press release disributed by Reportable. Read the source press release here, Meridianbet Expands B2B Operations in Nigeria, Eyes Growth in $2 Billion Market

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