Meridianbet Celebrates 17 Years in Malta and 5 Years of Retail Operations

Dec 30 2024

Meridianbet, a prominent name in the betting industry, is celebrating two significant anniversaries in Malta this year. The company is marking 17 years since establishing its presence on the island and 5 years since venturing into the retail sector in Malta. This dual celebration highlights Meridianbet’s commitment to the Maltese market and its growth in the region.

Meridianbet’s Footprint in Malta

Meridianbet’s 17-year history in Malta represents a substantial period of operation in one of Europe’s key gaming jurisdictions. This longevity speaks to the company’s stability and its ability to navigate the evolving regulatory landscape of the iGaming industry.

The company has leveraged Malta’s reputation as a gaming hub to expand its digital offerings, providing a wide range of sports betting and casino games to customers across Europe and beyond.

Retail Operations:

Meridianbet currently operates six betting shops across Malta:

85, Triq il-Gandofflli, Buġibba
184, Triq is-Santwarju, Ħaż-Żabbar
174, Naxxar Road, San Ġwann
42, Naxxar Road, Birkirkara
152 Constitution St, Mosta
59 Triq Gorg Borg Olivier, Il-Mellieħa.

Acquisition of MGM

In a significant move to further strengthen its position in the Maltese market, Meridianbet has acquired Media Games Malta. This acquisition brings with it a number of additional shops around the island, expanding Meridianbet’s retail footprint and enhancing its presence in the local betting landscape.

The acquisition of Media Games Malta demonstrates Meridianbet’s commitment to growth and its confidence in the Maltese market. It also provides the company with an established network of retail locations, potentially allowing for faster expansion and increased market share.

Part of the Golden Matrix Group (GMGI) Powerhouse

Meridianbet, one of the country’s oldest and fully licensed betting operator, is also the sports betting division of the Golden Matrix Group (NASDAQ: GMGI), which includes:

Expanse Studios, the fastest-growing iGaming studio in Europe for game development
Rkings, a leading platform for physical and digital sweepstakes in the UK
Classics for a Cause, the strongest brand in sweepstakes and loyalty businesses in Australia
Mexplay, the most popular online casino platform in South America
GM-AG, the largest global platform for developing and licensing gaming software solutions

In the third quarter of 2024, Golden Matrix recorded an impressive revenue growth of 75% compared to the same period the previous year. Total revenue for the first half of the year increased by 41%, while gross profit rose by 31%.

Looking Ahead

As Meridianbet celebrates these milestones, it’s an opportunity to reflect on the company’s growth and its future plans in Malta. The dual anniversaries suggest a strong foundation for continued operations and potential further expansion in the Maltese market.

Disclaimer | Meridianbet is licensed by the MGA. License number MGA/B2C/134/2007. Play responsibly. For help visit www.rgf.org.mt. Players must be over 18. Terms and conditions apply.

Men Caught with Suspected Drugs in Ħamrun to Be Charged in Court

Dec 30 2024

Two men are expected to appear in court today at 1 pm after being arrested yesterday in connection with an ongoing investigation into drug trafficking.

The suspects, a 31-year-old man from Bormla and a 26-year-old man from Valletta, were apprehended by police at approximately 7 am on Triq Manuel Magri in Ħamrun following surveillance by the Anti-Drug Squad. The men arrived at the scene on a motorbike and in a car, where they were stopped and searched. Over 100 sachets, allegedly containing cocaine, were found in their possession.

Further searches were conducted at an apartment in Ħamrun belonging to one of the suspects and another in Mosta frequented by the other. Police seized additional sachets suspected to contain cocaine and heroin, as well as €20,000 in cash.

The operation, which included assistance from the Special Intervention Unit, was overseen by Magistrate Dr Philip Galea Farrugia, who is leading the inquiry.

The suspects will face charges including drug trafficking before Magistrate Dr Marse Ann Farrugia. Police investigations remain ongoing, and further legal action may be pursued.

#MaltaDaily

YouTube Tests Out ‘Play Something’ Button For Indecisive Viewers

Dec 29 2024

YouTube is testing a new “Play Something” button designed to help users decide what to watch next.

Currently available to select Android users, this feature randomly plays a recommended video tailored to your viewing history and preferences.

The button functions through the YouTube Shorts interface, but it isn’t limited to short-form videos—it can also select regular videos for playback.

By removing the need to endlessly scroll through options, the feature aims to address decision fatigue, keeping users engaged with content more efficiently.

This update reflects YouTube’s ongoing efforts to improve the user experience and maximise viewing time.

Over the years, the platform has introduced several features aimed at making content discovery easier, such as improved recommendations, personalised playlists, and enhanced AI-driven algorithms. The “Play Something” button appears to be the latest step in this direction.

While not yet widely available, the feature has the potential to change how users interact with the platform by offering a more seamless way to explore videos.

Whether it becomes a permanent addition remains to be seen, but for now, it’s a notable experiment in YouTube’s quest to keep viewers entertained.

Would you use this feature? 🤔

Malta’s tenure on the UN Security Council concludes

Dec 29 2024

The end of 2024 marks the conclusion of Malta’s second term as a non-permanent member of the United Nations Security Council (UNSC).

Established after World War II, the UNSC’s role is to maintain international peace and security. Initially composed of 11 members, the council grew to 15 in 1965 as former colonies gained independence.

Five permanent members, including China, France, the UK, the US, and Russia, hold veto powers, which have often led to a deadlock during conflicts.

Malta, part of the Western European and Others Group, served alongside Switzerland in 2023-2024 and will be succeeded by Greece and Denmark.

Malta’s tenure was overshadowed by Russia’s invasion of Ukraine and the Israel-Hamas war, where the UNSC struggled to act due to vetoes.

Despite these challenges, the Ministry for Foreign Affairs emphasized Malta’s active role in addressing global issues, including protecting civilians, humanitarian aid, and climate change.

Malta chaired the Children and Armed Conflict Working Group, advancing resolutions on child protection and promoting women’s roles in peace processes.

Foreign Minister Ian Borg expressed pride in Malta’s contributions to the UNSC, affirming the country’s commitment to peace and multilateralism.

#MaltaDaily