Golden Matrix subsidiary Meridianbet granted South African sports-betting licenses by Western Cape board

Meridian Holdings Inc./NV

Meridianbet received Bookmaker, Bookmaker Premises, and Manufacturer licenses from Western Cape Gambling and Racing Board.
Licenses enable online sports betting across all of South Africa and software licensing in Western Cape.
South African digital gambling market projected to reach $828.5B revenue in 2024, CAGR 5.77% to $1.1B by 2029 (Statista).
CEO Zoran Milosevic cites significant opportunity to scale operations and grow user base in new jurisdiction.

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