Curated News
By: NewsRamp Editorial Staff
August 26, 2024
Meridianbet Shortlisted for Exclusive Gaming License in Brazil
Discuss on RedditTLDR
- Meridianbet has been shortlisted for an exclusive sports betting and iGaming license in Brazil, positioning them among a select group of global operators.
- Meridianbet filed an application under request number 56.195.600/0001-07 to be part of the anticipated market launch in Brazil's sports betting and iGaming industry.
- This exclusive license represents a significant opportunity for Meridianbet and Golden Matrix Group, contributing to the expansion of the global gaming industry and providing a diverse and eager audience with gaming experiences.
- Brazil's legal sports betting and iGaming market is forecasted to generate $34 billion in sports betting turnover by 2028, presenting a significant market opportunity for Meridianbet.
Impact - Why it Matters
This news matters as it highlights the significant opportunity for Meridianbet and Golden Matrix Group in Brazil's rapidly expanding gaming market, positioning them as key players in the global gaming industry. The Brazilian market is set to become one of the largest gaming markets in the world, making this exclusive license a game-changer for the company's future growth and strategic vision.
Summary
Golden Matrix Group Inc.'s subsidiary, Meridianbet, has been shortlisted for an exclusive sports betting and iGaming license in Brazil, positioning them among a select group of global operators. The application, filed under request number 56.195.600/0001-07, ensures Meridianbet's license will be processed by January 1, 2025, the forecasted launch date for Brazil’s legal sports betting and iGaming market. Meridianbet’s inclusion on this exclusive list underscores its status as one of the key players in the global gaming industry, with Brazil poised to become one of the world’s largest gaming markets.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Meridianbet Shortlisted for Exclusive Gaming License in Brazil
