Quick Bets: How Meridianbet is Changing the Game
Meridianbet has just introduced an innovative feature called Flash Bet, allowing users to bet on real-time simulated sports games with results delivered in just seconds. Unlike traditional virtual sports betting, which relies on fictional events, Flash Bet uses real, upcoming sports events to generate simulations.
The Growing Market of Virtual Sports Betting
The global virtual sports betting market is booming, valued at $12.68 billion in 2024 and projected to reach $44.52 billion by 2032, growing at a 17% annual rate. This surge in popularity is driven by the need to keep bettors engaged during lulls in live sports events.
Testing and Expansion
Flash Bet is currently being tested in 18 markets, helping Meridianbet refine the feature before a wider release. Established in 2001, Meridianbet operates across Europe, Africa, and South America, offering betting via desktop, mobile, and retail locations using its proprietary technology.
A Strategic Move by Golden Matrix Group
Meridianbet is part of Golden Matrix Group, a Las Vegas-based company with other ventures like RKings (UK) and Mexplay (Mexico). The group specializes in developing and licensing gaming platforms.
Why Flash Bet Stands Out
By blending the thrill of real sports betting with the speed of virtual sports, Flash Bet provides a unique experience. Its proprietary technology gives Meridianbet a competitive edge, ensuring an engaging experience even during off-peak times.