Golden Matrix makes shortlist for exclusive Brazil gaming license
The country recently closed its licensing application window on August 20.
Golden Matrix has announced that its Meridianbet subsidiary was shortlisted in Brazil for an exclusive iGaming and sports betting license.
More than 100 applications for licensing came in during the country’s limited window, which ended August 20.
Golden Matrix said in a statement, “By securing its place in this priority group, Meridianbet has ensured that its license will be processed by January 1, 2025, which is the forecasted launch date for Brazil’s legal sports betting and iGaming market.”
Company CEO Brian Goodman shared the company’s excitement for the chance to be part of Brazilian sports betting and iGaming.
He said, “The Brazilian market is set to be a game-changer for all of Golden Matrix Group, but also for the global gaming industry as a whole. Brazil is expected to become the third-largest gaming market in the world, and this opportunity marks another key milestone for our company. Brazil’s multifaceted approval process reflects the complexity and scale of this market, and we are excited about the tremendous potential that lies ahead.
“This is one of the defining moments for our company as we continue to expand our global footprint, and being part of this exclusive group of operators reflects our commitment to excellence and our strategic vision for the future of gaming.”
Golden Matrix serves as a licensor, developer and global operator in both the eCommerce and online gaming platforms.
In other company news, Golden Matrix and Classics for a Cause (CFAC) have signed a definite agreement that will allow Golden Matrix to acquire 80% controlling interest in CFAC.
CFAC is an Australian-based company that specializes in providing online independent discount platforms. Founder Thomas Bailey said the group is eager to become part of the Golden Matrix family.
Tags/Keywords
Players trust our reporting due to our commitment to unbiased and professional evaluations of the iGaming sector. We track hundreds of platforms and industry updates daily to ensure our news feed and leaderboards reflect the most recent market shifts. With nearly two decades of experience within iGaming, our team provides a wealth of expert knowledge. This long-standing expertise enables us to deliver thorough, reliable news and guidance to our readers.
Latest News
