Golden Matrix Group Inc. (NASDAQ: GMGI), a leading developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, has announced a substantial expansion to the width of the product lineup of its subsidiary, Meridianbet.
The expansion, powered by GMGI’s proprietary software developed by its Meridianbet subsidiary, introduces approximately 170 new games with over 2,000 additional betting selections per each match. This strategic move is designed to broaden the Company’s market appeal and increase user engagement, revenue streams and market share in respective jurisdictions.
The new offering introduces five game groups for each match: Players, Special, Corners, Cards, and Time Games. These additions provide users with a more comprehensive and immersive betting experience, potentially leading to increased user engagement and higher betting volumes.
“This expansion of our Meridianbet special offering represents a significant milestone in our product development strategy,” said Brian Goodman, CEO of Golden Matrix Group Inc. “By leveraging our proprietary software capabilities, we’ve been able to create a more diverse and engaging betting experience for our users. We believe this enhancement will not only attract new customers but also increase the lifetime value of our existing user base, ultimately driving long-term shareholder value.”
The expanded Meridian Special is now available for major European and global soccer leagues worldwide, including English Premier League, Spanish La Liga, Italian Serie A, German Bundesliga, French Ligue 1, UEFA Champions League, UEFA Europa League, UEFA Europa Conference League, Brazilian Serie A, Greek Superleague, Cypriot First Division and Belgian First Division A.
“Our ability to rapidly develop and deploy these new betting options demonstrates the flexibility and power of our proprietary technology stack. This agility allows us to quickly respond to market demands and stay ahead of industry trends, positioning GMGI for sustainable growth in the highly competitive online gaming sector,” added Mr Goodman.
Golden Matrix Group views this product expansion as a key component of its broader strategy to increase market share and enhance its competitive position in the global online gaming market. The Company continues to invest in its proprietary technology to drive innovation and create value for both users and shareholders.
