Golden Matrix Group Inc. is a global developer, licensor, and operator of online gaming platforms. The company proudly announces that its subsidiary, Meridianbet, has received formal notice from Brazil’s Ministry of Finance. The notice came through its SPA (Secretariat of Prizes and Betting) division. It grants permission to proceed with the licensing process for operating in the country.
This significant milestone highlights Meridianbet’s compliance with Brazil’s regulatory requirements. It marks a crucial step toward entering one of the world’s most promising gaming markets.
The notice lets the company to move forward with paying with licensing fee, as well as submitting additional documentation. This includes proof of certification.
Meridianbet has already allocated the necessary funds to finalized the licensing payment. Moreover it will now move forward with fulfilling all conditions. This is to ensure its place on the list of licensed operations authorized to serve Brazilian customers that will start on January 1 of the following year.
Golden Matrix Group CEO Brian Goodman shared his excitement about securing an operating license in Brazil. He emphasized the company’s dedication to swiftly meeting the government’s final requirements. The Brazilian market represents an extraordinary growth opportunity and a key milestone in their global expansion strategy. They are confident that entering the Brazilian market will lead to 2025 being a transformational year for the company as they establish a strong presence in one of three most dynamic global growth markets. This milestone reinforces their strategy of entering regions with high growth potential while continuing to deliver gaming experiences that set new quality standards for the industry.
Golden Matrix Group is committed to maintaining the highest standards of compliance and innovation. The company plans to strengthen its presence in Brazil both in the short and long term while continuing to deliver value to its stakeholders.
