Meridianbet Approved for a B2B Gaming License in Nigeria
Meridianbet, the gaming and sports betting operator, has announced it has launched in the regulated gaming market of Nigeria, and has been approved by the Lagos State Lotteries and Gaming Authority (LSLGA).
LISTEN TO THIS ARTICLE:Meridianbet, a subsidiary of Golden Matrix Group, has obtained the license from the LSLGA through a local entity called Masterlive Network Limited and has been approved for both the sports betting and casino sectors.
It is estimated the Nigerian gaming market is thought to worth around $2 billion, and the Meridianbet.ng brand has just launched into this growing market.
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Meridianbet Increases Global Growth in Regulated Gaming Markets
Senior leadership at the provider says they have identified the gaming markets in the African continent as one the business's key targets. This is because it is seen as a market with potential to enjoy significant growth in gaming revenues over the next decade.
Meridianbet say it will be focusing on its B2B model platform which its boasts provides a comprehensive gaming solution that is scalable for gaming operators. Its platform is AI powered and utilizes the latest cutting edge technology.
This move follows Meridianbet officially securing an online betting license in Brazil at the start of the year.
Our expansion into Nigeria marks a significant step in our long-term strategy to deepen our presence in Africa’s most dynamic gaming markets. With a highly engaged player base and strong industry growth, Nigeria presents a major opportunity for our B2B model. We are committed to bringing our cutting-edge technology, AI-powered betting solutions, and localized expertise to drive long-term success for our partners in the region.
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