Golden Matrix projects 72% boost in Meridianbet’s August revenue in the Americas
The organization noted that results in August exceeded the monthly average across the board.
Golden Matrix Group has posted August preliminary business results for its Meridianbet subsidiary. During the month, the company reported that Meridianbet’s online casino operations revenue surpassed the monthly average by an estimated 13%.
Golden Matrix also projected that Meridianbet’s sports betting revenue could exceed the current monthly average by 9%.
In the Americas, the company expects Meridianbet’s revenue to reach an all-time high, an estimated 72% above its 2024 monthly average.
The company attributed the increase to online sports and casino growth.
Golden Matrix CEO Brian Goodman further discussed last month’s Meridianbet results by saying, “Meridianbet’s August performance is a testament to our consistent and strategic growth strategy as well as our commitment to excellence in both our iGaming and sports betting markets. These record-breaking results demonstrate operational strength across multiple regulated markets and further solidify our standing as a global leader specifically in the iGaming space.
“With continued focus on delivering superior experiences to our customers, we are confident that we will maintain this upward trajectory and strong momentum in the coming months.”
Meridianbet Founder Aleksandar Milovanović recently agreed to convert $2m in debt he was owed from the recent Meridianbet merger acquisition into company equity.
As a result, his total debt will be reduced from nearly $2.8m to almost $0.8m.
Golden Matrix said that this move, “highlights Milovanović’s confidence in Golden Matrix Group’s performance and his commitment to ensuring the company continues its significant growth trajectory.”
Golden Matrix serves as a licensor, developer and global operator in both the eCommerce and online gaming platforms.
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