regulatory
confidence high
sentiment positive
materiality 0.70
Golden Matrix subsidiary Meridianbet secures online betting license in Brazil
Meridian Holdings Inc./NV
- Meridianbet obtained Authorization SPA/MF nº 2.104-45 for sports betting and iGaming in Brazil.
- Brazil's regulated gaming market projected to generate $5.6B in GGR by 2025 (H2 Gambling Capital).
- License covers both online and physical channels; brand MERIDIANBET.
- CEO Brian Goodman calls entry a 'defining moment' for Golden Matrix and stakeholders.
- Company targets high-growth markets; Brazil expected to drive shareholder returns.