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The combination of the two companies' dynamic business-to-business (B2B) and business-to-consumer (B2C) casino, sports betting and tournament platforms creates a global enterprise operating in 17 countries on four continents.
The acquisition, when completed, will provide GMGI access to new and fast growing regulated B2C markets that have experienced double digit compound annual growth rates (CAGRs) since 2020[i], supported by a network of over 1,100 highly skilled MerdianBet professionals. million registered retail customers in the B2C facing businesses.
The MeridianBet Group's successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omni-channel approach to markets, including retail, desktop online and mobile. About Golden Matrix Golden Matrix Group , Inc.,
According to the Census Bureau of the Department of Commerce , US B2C e-commerce sales for the third quarter of 2021 totaled over $200 billion. Practical Ecommerce estimates that roughly $2.6 He is a serial business entrepreneur and M&A expert, having built the industry-leading firm in the $1-100M global technology sector.
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