Meridianbet (GMGI) Launches "Watch & Bet" -- New In-Play Feature to Accelerate User Monetization and Core Revenue Growth
Meridianbet, a division of Golden Matrix Group Inc. (NASDAQ: GMGI), has unveiled 'Watch & Bet', an innovative mobile feature enabling simultaneous full-screen sports streaming and in-play betting functionality. This strategic product launch aims to enhance user engagement and boost core revenue metrics.
The new feature is specifically designed to increase in-play betting volume, extend user session duration, and drive higher revenue per active user, ultimately supporting growth in turnover, user value, and margin. According to the announcement, GMGI reported unaudited FY24 GAAP revenue of $151.1M and organic revenue of $159.7M.
Meridianbet, una divisione di Golden Matrix Group Inc. (NASDAQ: GMGI), ha lanciato 'Watch & Bet', una funzione mobile innovativa che consente lo streaming sportivo a schermo intero e la scommessa in tempo reale simultaneamente. Questo lancio strategico del prodotto mira a migliorare il coinvolgimento degli utenti e ad aumentare i principali indicatori di fatturato.
La nuova funzione è progettata specificamente per incrementare il volume delle scommesse in tempo reale, prolungare la durata delle sessioni degli utenti e generare un maggior fatturato per utente attivo, supportando infine la crescita del fatturato, del valore degli utenti e del margine. Secondo l'annuncio, GMGI ha riportato un fatturato GAAP non verificato per l'anno fiscale 2024 di $151.1M e un fatturato organico di $159.7M.
Meridianbet, una división de Golden Matrix Group Inc. (NASDAQ: GMGI), ha presentado 'Watch & Bet', una innovadora función móvil que permite la transmisión de deportes en pantalla completa y la funcionalidad de apuestas en vivo simultáneamente. Este lanzamiento estratégico de producto tiene como objetivo mejorar el compromiso del usuario y aumentar las métricas clave de ingresos.
La nueva función está diseñada específicamente para aumentar el volumen de apuestas en vivo, extender la duración de las sesiones de los usuarios y generar mayores ingresos por usuario activo, apoyando en última instancia el crecimiento en la facturación, el valor del usuario y el margen. Según el anuncio, GMGI reportó ingresos GAAP no auditados para el año fiscal 2024 de $151.1M y ingresos orgánicos de $159.7M.
Meridianbet는 Golden Matrix Group Inc. (NASDAQ: GMGI)의 한 부서로, 'Watch & Bet'라는 혁신적인 모바일 기능을 공개했습니다. 이 기능은 스포츠 스트리밍과 실시간 베팅 기능을 동시에 제공하는 풀 스크린 기능입니다. 이 전략적인 제품 출시는 사용자 참여를 증대시키고 핵심 수익 지표를 향상시키기 위한 것입니다.
새로운 기능은 실시간 베팅의 양을 증가시키고, 사용자 세션의 지속 시간을 연장하며, 활성 사용자당 더 높은 수익을 창출하도록 설계되었습니다. 궁극적으로 이는 매출, 사용자 가치 및 마진의 성장을 지원합니다. 발표에 따르면, GMGI는 2024 회계연도에 대한 감사되지 않은 GAAP 수익으로 $151.1M과 유기적 수익으로 $159.7M을 보고했습니다.
Meridianbet, une division de Golden Matrix Group Inc. (NASDAQ: GMGI), a dévoilé 'Watch & Bet', une fonctionnalité mobile innovante permettant un streaming sportif en plein écran et des paris en direct simultanément. Ce lancement stratégique de produit vise à améliorer l'engagement des utilisateurs et à renforcer les indicateurs clés de revenus.
La nouvelle fonctionnalité est spécifiquement conçue pour augmenter le volume des paris en direct, prolonger la durée des sessions des utilisateurs et générer des revenus plus élevés par utilisateur actif, soutenant finalement la croissance du chiffre d'affaires, de la valeur utilisateur et de la marge. Selon l'annonce, GMGI a rapporté un revenu GAAP non audité pour l'exercice 2024 de $151.1M et un revenu organique de $159.7M.
Meridianbet, eine Abteilung von Golden Matrix Group Inc. (NASDAQ: GMGI), hat 'Watch & Bet' vorgestellt, eine innovative mobile Funktion, die gleichzeitiges Streaming von Sport in Vollbild und Live-Wettfunktionen ermöglicht. Diese strategische Produkteinführung zielt darauf ab, das Nutzerengagement zu steigern und die wichtigsten Umsatzkennzahlen zu verbessern.
Die neue Funktion ist speziell darauf ausgelegt, das Volumen der Live-Wetten zu erhöhen, die Sitzungsdauer der Nutzer zu verlängern und den Umsatz pro aktivem Nutzer zu steigern, was letztendlich das Wachstum des Umsatzes, des Nutzerwerts und der Marge unterstützt. Laut der Ankündigung berichtete GMGI von nicht geprüften GAAP-Umsätzen für das Geschäftsjahr 2024 in Höhe von $151.1M und organischen Umsätzen von $159.7M.
- Launch of innovative Watch & Bet feature to enhance user monetization
- Strong FY24 financial performance with $151.1M GAAP revenue
- Higher organic revenue of $159.7M showing underlying growth
- None.
Valletta, Malta--(Newsfile Corp. - April 4, 2025) - Meridianbet, part of Golden Matrix Group Inc. (NASDAQ: GMGI), today announced the launch of Watch & Bet, a new mobile feature that enables users to stream live sports in full-screen mode while placing in-play bets simultaneously. The feature is built to increase in-play betting volume, extend session duration, and drive higher revenue per active user, directly supporting growth in turnover, user value, and margin.
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- Watch & Bet Unlocks Full-Screen Streaming with Real-Time In-Play Betting Across Meridianbet's Mobile Platform
- GMGI Reports FY24 GAAP Revenue of
$151.1M and Organic Revenue of$159.7M (Unaudited) - Product Rollout Strengthens Core Monetization Strategy and Reinforces Meridianbet's Focus on Scalable, Margin-Accretive Technology
Click image above to view full announcement.
About Meridianbet
Founded in 2001, Meridianbet is a leading provider of betting and gaming technology, licensed in 18 jurisdictions across Europe, Africa, and South America. Its proprietary technology and scalable systems allow for multi-market operations with a strong omnichannel presence, including retail, online desktop, and mobile gaming. Meridianbet is a subsidiary of Golden Matrix Group, Inc. (NASDAQ: GMGI). For more information, visit meridianbet.ng or contact ir@meridianbet.com.
Contacts:
Milan Koricanac
milan.koricanac@meridianbet.com
Source: Meridianbet Group
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247370
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