09:00 AM EDT, 08/26/2024 (MT Newswires) -- Golden Matrix Group ( GMGI ) said Monday that its unit, Meridianbet, has secured a spot on a shortlist for a license to operate in Brazil's upcoming regulated sports betting and online gaming market.

Golden Matrix ( GMGI ) said Meridianbet is one of 113 operators who submitted priority applications before Brazil's Aug. 20 deadline, ensuring that the company's license will be processed by Jan. 1, the expected launch date for Brazil's legal sports betting and iGaming market.