1. GMGI's subsidiary Meridianbet launched Flash Bet for sports simulations. 2. Flash Bet allows real-time betting on simulated sports outcomes. 3. Virtual sports betting market projected to reach $44.52 billion by 2032. 4. The feature's phased rollout will optimize user experience. 5. Meridianbet operates in 18 jurisdictions, leveraging proprietary technology.
FAQ
Why Bullish?
The launch of Flash Bet aligns with increasing engagement in virtual sports betting. Similar past innovations in gaming often resulted in significant positive stock movements.
How important is it?
The introduction of a popular betting feature can attract new users and boost GMGI's profitability, making it a significant development.
Why Long Term?
The projected growth of the virtual sports market over the next decade supports sustained interest in GMGI. Historical trends show that innovations lead to increased user base and revenues over time.
VALLETTA, Malta and LAS VEGAS, Dec. 26, 2025 (GLOBE NEWSWIRE) -- Meridianbet, the sports betting operator and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), announces the launch of Flash Bet, a proprietary instant sports simulation feature that enables players to simulate real sports event outcomes with results delivered in seconds.
Flash Bet allows players to place bets on simulated outcomes of actual sporting events with adjustable simulation speeds and real-time animated results.
Flash Bet differentiates from traditional virtual sports products by simulating outcomes of actual scheduled sporting events rather than generating entirely fictional matchups. This approach enables players to engage with real-world sports betting markets through accelerated simulation, combining familiarity of traditional pre-match betting with the instant results characteristic of virtual sports products.
The global virtual sports betting market is valued at $12.68 billion in 2024 and projected to reach $44.52 billion by 2032, growing at a 17% compound annual growth rate, according to Business Research Insights. This is one of the fastest-growing segment within the industry, as it addresses and maintains player engagement during off-peak hours and between major sporting events. The technology operates on proprietary algorithms developed internally by Meridianbet's technology team.
The feature's phased rollout across Meridianbet's 18-market operational footprint enables the Company to gather player behavior data and optimize user experience before broader deployment.
About Meridianbet
Founded in 2001, Meridianbet Group is a well-established online sports betting and gaming group, licensed and currently operating in 18 jurisdictions across Europe, Africa, and South America. The Meridianbet Group's successful business model utilizes proprietary technology and scalable systems, allowing it to operate in multiple countries and currencies with an omni-channel approach to markets, including retail, desktop online, and mobile. The Company is part of the Golden Matrix Group (NASDAQ:GMGI). Contact https://x.com/meridianbet_ofc and ir@meridianbet.com.
About Golden Matrix
Golden Matrix Group (NASDAQ:GMGI), based in Las Vegas, is a gaming technology company operating globally through B2B divisions (GMAG, Expanse Studios) that develop and license proprietary platforms, and B2C operations including RKings (UK competitions), Mexplay (Mexico online casino), and Meridianbet—a leading sportsbook licensed in 18 jurisdictions across Europe, Africa, and South America. Learn more at www.goldenmatrix.com.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/45207302-613e-4ddf-9e23-78967a577007
