Meridianbet Partners with IC360 to Meet Brazil’s Regulations
Meridianbet, the online sports betting, and iGaming company, has announced a partnership with regulation and legislation specialist Integrity Compliance 360 (IC360), as the gaming operator prepares to launch in the Brazilian gaming market.
Gaming company Meridianbet partners with regulation specialist IC360.
LISTEN TO THIS ARTICLE:Meridianbet is a subsidiary of the Golden Matrix Group, and the deal comes as the Brazilian division of the operator, Meridian Gaming Brasil SPE, has stated it is committed to achieving the highest compliance standards in order to meet regulations in the Brazilian jurisdiction.
Under the terms of a license to operate in Brazil the regulator in the country has mandated that gambling companies should partner with an integrity and regulatory specialist. This deal meets the requirements of the gaming regulator in the Brazilian sector.
Our partnership with IC360 underscores our dedication to maintaining the highest levels of integrity and transparency in all markets we operate in, including Brazil, As we move closer to securing our license, this collaboration will ensure that we are fully equipped to meet the expectations of both regulatory bodies and our players in the world’s fastest-growing emerging betting and iGaming market.
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Brazilian Market Headed for Rapid Growth
Senior leadership at Meridianbet is delighted with this partnership with IC360 as the operator continues its preparatory work in anticipation of the launch of the newly regulated gaming market in Brazil. The group says it believes the Brazilian market will be significant and there are estimates it could be the third largest gambling jurisdiction globally.
Meridianbet has already been placed on the shortlist to be awarded a Brazilian gaming license when the new regulated gambling framework starts in 2025.
Brazil is expected to become the third-largest gaming market in the world, and this opportunity marks another key milestone for Golden Matrix, and further endorses our commitment to being a major player in the Brazilian Gaming Market, Brazil’s multifaceted approval process reflects the complexity and scale of this market, and we are excited about the tremendous potential that lies ahead. We aim to leverage our extensive international experience, advanced technology and innovative betting solutions to cater to the unique preferences of Brazilian customers, and our partnership with IC360 will help ensure we’re doing it both ethically and responsibly.
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