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Golden Matrix Provides Corporate Update on Pending Acquisition

Benzinga

Goodman noted that the MeridianBet Group has increased its year-to-date revenues considerably against last year's revenues; and the proforma performance of the combined company, following the acquisition, is now projected to be approximately $132 million in revenues and $27 million in Adjusted EBITDA, for the October 31, 2023 fiscal year.

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Golden Matrix Signs Agreement to Acquire MeridianBet Group

Benzinga

The acquisition, when completed, will provide GMGI access to new and fast growing regulated B2C markets that have experienced double digit compound annual growth rates (CAGRs) since 2020[i], supported by a network of over 1,100 highly skilled MerdianBet professionals. million registered retail customers in the B2C facing businesses.

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E-commerce Is Booming – What Does That Mean for Me as a Seller?

FE International

According to the Census Bureau of the Department of Commerce , US B2C e-commerce sales for the third quarter of 2021 totaled over $200 billion. Practical Ecommerce estimates that roughly $2.6 multiple of SDE or EBITDA. Industry Overview. The e-commerce industry continues to flourish at an unparalleled rate.