World Cup Tailwind: $MRDN Positioned for Explosive Betting Growth

AfraSimon
07:06

Grand View Horizon forecasts that the Brazilian online gambling market will grow with a 12.3% CAGR to reach $3.9B by 2030!

$Meridian Hldg(MRDN)$ became one of the rare companies awarded a Brazilian online casino and sports betting license in 2025.

A reminder that $MRDN trades for a $160M Market Cap and trades for 8x OCF.

The Brazilian opportunity is very promising for a small cap of such size.

MeridianBet entered this market at a perfect moment, just in time for the 2026 FIFA World Cup.

Brazilians love football almost as much as Jesus, and it just started in the US, Mexico, and Canada, the same time zones as Brazil.

I have no doubts that sports betting volumes will break new records.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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