Yes. The Western Cape Gambling and Racing Board granted Meridianbet a Bookmaker Licence (No. 10193531-001), a Bookmaker Premises Licence (No. 10193533-001), and a Manufacturer Licence (No. 10193532-001) in June 2024.
Meridianbet Group was founded in 2001 and operates in 17 jurisdictions across Europe, Africa, and South America. Its South African licences, granted by the Western Cape Gambling and Racing Board in June 2024, effectively allow it to take sports bets nationwide, with the manufacturer licence also covering its proprietary betting software.
Meridianbet's parent, previously known as Golden Matrix Group Inc. (NASDAQ: GMGI), completed a 1-for-12 reverse stock split and renamed itself Meridian Holdings Inc., trading under the new ticker NASDAQ: MRDN, effective 3 March 2026. The name change aligns the public company's name with Meridianbet Group, its primary operating subsidiary. Any older copy referring to "Golden Matrix Group" or ticker "GMGI" as Meridianbet's current parent is out of date as of that rename.
The provincial licence numbers and the parent-company rename are both corroborated by independent sources, including Nasdaq press releases and an SEC 8-K filing for the rename. We have not independently pulled the licence numbers from the Western Cape Gambling and Racing Board's own register in this pass, confirmed Meridianbet's official South African domain, or verified current bonus terms. Treat those as unconfirmed until checked directly.
For the general South African payment landscape and how to check any operator's licence yourself, see our full verification and payments guide. If betting stops being fun, the National Responsible Gambling Programme is free and confidential: 0800 006 008, any time.
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