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Golden Matrix (GMGI) Awarded Peru Online Sports Betting and iGaming License

Published

1 year ago

June 28, 2024

Adrienn Sarkany

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Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, today announced that it has been granted a sports betting and iGaming license in Peru.

This license has been issued to Meridian Gaming Peru S.A.C., a subsidiary of Meridianbet Group (“Meridianbet”), a B2B and B2C sports betting and iGaming provider licensed and operating in multiple international markets.
The license N° 3321-2024-MINCETUR/VMT/DGJCMT was granted by the Ministry of Foreign Trade and Tourism of Peru (MINCETUR).

“We are thrilled to enter the Peruvian market, a region poised for massive growth and unprecedented expansion in the coming years. This market entry presents an exciting opportunity to further grow our user base and deliver additional value to shareholders, underscoring our ongoing commitment to developing industry-leading brands globally,” said Zoran Milosevic, CEO of Meridianbet.

According to ENV Media, the total size of the online sports betting and iGaming market gaming industry in Peru is approximately USD $1.2 billion, and is expected to grow at a rate of 6.4% annually until at least 2028. Market penetration is projected to reach 750,000 players by 2028, or slightly above 20% of the total adult population, highlighting the substantial growth potential for iGaming in the region.

Related Topics:GMGI iGaming

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Adrienn Sarkany

Hello there! I'm a 21-year-old university student majoring in Finnish and Korean Language and Literature. I have a deep passion for art and a profound connection to the natural world. My journey through life has been a colorful one, driven by my love for creativity, music, and the wonders of the great outdoors. As a dedicated student, I've already earned a degree in Classic Cantos, a testament to my appreciation for the timeless beauty of classical music. Beyond the classroom, my artistic spirit thrives through my love for painting and drawing. These creative outlets allow me to express my thoughts and emotions, transforming blank canvases into vibrant stories. My interests go far beyond music and art. Singing, playing the piano, and exploring new melodies are integral parts of my life, providing me with both solace and exhilaration. When I'm not immersed in the world of art and music, I find solace in nature's embrace. My heart is drawn to animals and the serene beauty of the natural world, fueling my desire to protect and preserve our precious environment.