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

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.

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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

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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

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