Broadway theater marquees light up in protest as residents, workers, and organizations rally against the casino proposal by developer SL Green. The community expresses overwhelming opposition at the first public hearing, with a growing coalition of 35 organizations urging the public to voice their concerns against the casino.
The Broadway theater community, along with local organizations, are rallying against developer SL Green's casino plans in Times Square. With 16 theaters displaying 'No Times Square Casino' messages and a growing coalition of 35 organizations opposing the proposal, the community is urging public engagement and voicing concerns at the upcoming public hearing.
The Senate Appropriations Committee has approved a provision in the FY26 Senate Defense Appropriations Bill, allowing research on gambling addiction within the Department of Defense's Peer-Reviewed Medical Research Program. This decision, backed by Senator Ben Ray Luján and industry leaders, aims to address gambling disorder among active duty servicemembers and Veterans, acknowledging the need for support and recovery in military communities.
Golden Matrix Group Inc. posted impressive financial and operational results for Q2 2025, with significant increases in wager volume, new registrations, and revenue. Despite a decline in adjusted EBITDA due to increased operating spend, the Company remains on track to meet full-year revenue guidance, projecting a growth rate of 22 to 24 percent over 2024.
Ontario's iGaming market saw a significant surge in revenue, reaching CA$338.0 million in 2025. Despite a slight decrease in active player accounts, the average revenue per account increased. Meanwhile, Sportradar has secured an extended partnership with Major League Baseball, offering exclusive rights to distribute real-time data globally. This collaboration will introduce new fan engagement opportunities, in-game betting products, and enhance the overall fan experience.
EDGE Boost partners with World Series of Poker to offer players a preferred payment method with exclusive perks, enhancing safety and convenience. Meanwhile, Sportradar is capitalizing on Brazil's growing sports betting market by leveraging strategic partnerships and expertise to ensure integrity and drive growth. Both companies are reshaping the gaming and betting industry with innovative approaches and leadership.
EDGE Markets introduced a social accountability program for responsible gaming, allowing users to nominate co-pilots to oversee transactions and assist with limit adjustments. This initiative, surpassing industry standards with a 7 percent adoption rate, aims to promote shared responsibility and aligns with the AGA's Responsible Gaming Code of Conduct. The co-pilot system is now available for all EDGE Boost users, fostering a safer and more responsible gaming environment.
Icarus has expanded its services to Las Vegas with a new accredited mental health treatment program, offering comprehensive care for individuals seeking recovery from mental health disorders, including depression, anxiety, trauma-related conditions, and addiction. With a specialized gambling rehab program and a team of licensed clinicians, Icarus is setting a standard for mental health and addiction care in the Southwest, accepting most major insurance plans and enrolling new clients for various programs.
EDGE Boost and Birches Health have joined forces to provide Responsible Gambling content on the EDGE Boost app and website, utilizing technology for research and offering dedicated financial tools. The partnership aims to enhance user education, promote safer gaming practices, and contribute to building a more sustainable gaming industry in the U.S.
Golden Matrix Group's subsidiary, Meridianbet, has converted $9,570,460 in debt into equity, reducing the remaining balance owed to the founders to $250,000. This move demonstrates the founders' confidence in GMGI's performance and future growth. The CEO believes that this conversion sends a strong message to shareholders and the market, aligning with GMGI's long-term growth strategy. The transaction details can be found in the filed Current Report on Form 8-K.
Meridianbet, a part of Golden Matrix Group Inc., has introduced Watch & Bet, a new mobile feature that allows users to stream live sports in full-screen mode while placing in-play bets. This feature aims to enhance the real-time betting experience, increase in-play betting volume, extend session duration, and drive higher revenue per active user. The feature is now available on Meridianbet's mobile web platform and is fully integrated into the company's sportsbook infrastructure. Golden Matrix Group also reported strong financial performance in FY24, providing investors with clarity on core performance.
Expanse Studios, a subsidiary of Golden Matrix Group Inc., has obtained game certification for their popular crash game Super Heli in the Brazilian market. This certification allows them to enter Brazil's newly regulated iGaming market, which is projected to surpass USD 9 billion by 2029. With a maximum win potential of 10,000x, Super Heli offers high-risk excitement and this certification marks a significant milestone in Expanse Studios' global expansion strategy.
Forever Network, a leading sports content brand, has achieved remarkable growth in 2024, with a 176% increase in total impressions compared to the previous year. The company reached 10.87 billion impressions and engaged 372 million unique individuals. Basketball Forever led the way with 7.42 billion impressions, and other sports channels also saw significant engagement. With plans to expand into new sports and major partnerships in the wagering and betting industry, Forever Network aims to reach 18.5 billion impressions by 2025.
Meridianbet, a subsidiary of Golden Matrix Group, Inc., has obtained regulatory approval to launch its B2B operations in Nigeria. With an estimated annual revenue potential of $4.7 billion, Nigeria's betting market presents a significant opportunity for Meridianbet. The company's cutting-edge technology and AI-powered solutions aim to enhance customer engagement and satisfaction in this rapidly growing industry.
Expanse Studios, a subsidiary of Golden Matrix Group Inc., has applied for a Class 2 iGaming license in Romania. This strategic move will allow them to distribute their gaming content to licensed operators in the Romanian market, which is expected to generate $2.2 billion in revenue this year. With a strong presence in the U.S. and a portfolio of over 55 games, Expanse Studios is well-positioned to serve operators in both established and emerging markets.
Meridianbet, a part of the Golden Matrix Group, implemented 258 Corporate Social Responsibility initiatives in 2024, focusing on healthcare, education, responsible gambling, and environmental sustainability across Europe, Africa, and Latin America. The company's efforts included a global book donation campaign and plans to further expand its educational programs, environmental projects, and healthcare support in 2025, aligning with the UN Sustainable Development Goals.
Sportradar Group is transforming the sports betting industry with its access to data from major sports leagues worldwide. Their technology is driving engagement and expanding betting opportunities through innovative products. With managed trading services and a role in shaping the future of sports betting, Sportradar is poised for growth.
Sportradar Group is revolutionizing the sports betting industry through exclusive data access and innovative technology, driving engagement and expanding betting opportunities. Leveraging AI and partnerships with major sports leagues, Sportradar is leading the convergence of sports, media, and betting. Golden Matrix Group's subsidiary, Meridianbet, secures a 10-year renewal for its online gaming license in Serbia, ensuring operational stability and revenue growth. Learn more about RNGs in online casinos and how they ensure fairness and trust in gaming experiences. Action 24/7 partners with WagerWire to launch ActionWire™, a marketplace for active sports bets, revolutionizing player engagement in the online sports betting industry.
Golden Matrix Group's subsidiary, Meridianbet, secures a 10-year renewal for its online gaming license in Serbia, ensuring operational stability and revenue reliability. Learn about RNGs in online casinos and their role in ensuring fairness and trust. Action 24/7 partners with WagerWire to launch ActionWire™, a marketplace for active sports bets in Tennessee, revolutionizing player engagement in the sports betting industry.
Today's episode delves into the importance of Random Number Generators (RNGs) in online casinos, ensuring fairness, compliance, and player trust. Learn about the different types of RNGs, how they work, and why they are essential for the future of online gaming. Discover how players can verify RNG fairness and enjoy a wide range of benefits in online casino games.
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