Curated News
By: NewsRamp Editorial Staff
February 20, 2025
Meridianbet Renews Online Gaming License in Serbia for 10 Years, Ensuring Long-Term Stability
Discuss on Reddit
LinkedIn
Telegram
GithubTLDR
- Meridianbet secures 10-year online gaming license renewal in Serbia, ensuring long-term revenue-stream reliability and operational stability.
- Extensive due diligence process involved for Serbian license renewal by the Games of Chance Administration under the Serbian Ministry of Finance.
- Renewal strengthens GMGI's position as a leading global iGaming company, ensuring adherence to high regulatory, governance, and compliance standards.
- Serbia is one of the oldest regulated online gaming markets in Europe, with significant projected revenue growth to over $526 million in 2025.
Impact - Why it Matters
This news underscores the importance of regulatory compliance and operational stability in the gaming industry. The renewal not only secures revenue-stream reliability for Golden Matrix Group but also enables Serbian users to access new product innovations and AI technology. As one of the oldest regulated online gaming markets in Europe, Serbia's renewal sets a precedent for other operators to follow suit, showcasing the Company's dedication to global expansion and adherence to regulatory standards.
Summary
Golden Matrix Group's subsidiary, Meridianbet, secures a 10-year renewal for its online gaming license in Serbia, solidifying its long-term operational stability. The renewal marks Meridianbet as one of the first operators to receive a license extension, following an extensive due diligence process by the Games of Chance Administration. The Company's commitment to regulatory compliance and innovative technology is highlighted through this renewal.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Meridianbet Renews Online Gaming License in Serbia for 10 Years, Ensuring Long-Term Stability
