InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Strategic Acquisition of Meridianbet Featured in IPO Edge Analysis
April 11, 2024
Golden Matrix Group (NASDAQ: GMGI) and Meridianbet Group, the newly consolidated entity in the online gaming world, today announced positive analysis from IPO Edge, a leading portal known for its insightful and credible financial analyses. According to the announcement, the coverage highlighted GMGI’s acquisition of Meridianbet as having a significant potential to reshape the gaming […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Closes on Acquisition of the MeridianBet Group
April 9, 2024
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, has completed the acquisition of the MeridianBet Group along with its related companies; the acquisition expands Golden Matrix’s global footprint and is projected to significantly increase revenues. According to the announcement, GMGI’s board of directors […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Acquisition Target Celebrates 23 Years at the Heart of Betting Innovation
April 8, 2024
Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, recently received shareholder approval to acquire Meridianbet, a market leader with 57,400 pre-match sporting events across 46 sports and nearly 53,257 live betting opportunities each month. The move marks a significant milestone in Meridianbet […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Stockholders Vote to Approve Proposed MeridianBet Group Acquisition
March 20, 2024
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, is moving forward on the acquisition of MeridianBet Group. According to the announcement, GMGI stockholders approved the terms of the merger, which included the issuance of shares of common stock. The transaction was initially announced […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Strong Results, Multiple Records for Q1 2024
March 14, 2024
Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today released financial results for its first fiscal quarter ended Jan. 31, 2024. Among the highlights, the company reported record quarterly revenues of $11.84 million, an increase of 10% on revenues of $10.78 million […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) CEO to be Featured in JRC Stock Talk Live Q&A
February 20, 2024
Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced that its CEO Brian Goodman will be hosted by JRC Stock Talk, a leading platform for insightful investor discussions. Goodman will participate in an exclusive Q&A session, slated to take place at […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Upcoming Special Meeting of Shareholders
February 7, 2024
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, has scheduled a Special Meeting of Shareholders. The company announced that the meeting is slated for March 19, 2024, at 12 p.m. PT. The meeting, which will be held in a virtual format via live […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Acquisition Target, Meridian, to Showcase New Games at ICE London
February 5, 2024
The MeridianBet Group (“Meridian”), one of the world’s leading sports betting and gaming groups, operating in multiple markets across Europe, Africa and Latin America, is being acquired by Golden Matrix Group (NASDAQ: GMGI), with completion expected by late March 2024. Meridian today announced that its dedicated subsidiary specializing in online casino game development, Expanse Studios, […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Releases FY 2023 Financial Report Showing Record Revenues of $44.2 Million
January 17, 2024
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, has released its financial results for the fiscal year ended Oct. 31, 2023. Highlights of the report include record full-year revenues totaling $44.2 million, a 23% increase over on revenues of $36 million in the […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Acquisition Target, Meridian, Announces Q3 Results
January 8, 2024
The MeridianBet Group (“Meridian”), one of Southeast Europe’s leading business-to-consumer (“B2C”) sports betting and gaming groups, operating in multiple markets across Europe, Africa and Latin America, today provided a review of the company’s growth and progress in 2023, and an update on the pending acquisition of Meridian by Golden Matrix Group (NASDAQ: GMGI). Meridian achieved […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Reports Anticipated Record $44M Revenue in FY2023
November 21, 2023
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, has released its anticipated revenues for fiscal year 2023. According to the report, which is based on preliminary revenue estimates, the company will see an increase of approximately 22% in its revenues during 2023 fiscal […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Releases Update Regarding Amendments, Importance of Strategic Acquisition
October 4, 2023
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, is reporting on the pending acquisition of MeridianBet Group. One of southeast Europe’s leading B2C sports betting and gaming groups, MeridianBet operates in multiple markets across Europe, Africa and Latin America. Late last month, the […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Q3 Financial Results
September 8, 2023
Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today released financial results for its third fiscal quarter ended July 31, 2023. Among the highlights, the company reported record quarterly revenues of $11.3 million, an increase of 24% on revenues of $9.1 million […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Reports on Record Q3 2023 Revenues
August 14, 2023
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, announced that the company is reporting record third-quarter revenues for the period ending July 31, 2023. According to the announcement, revenues for the period exceeded $11 million, with significant contributions coming from RKings Tournament Competitions, the […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Releases Status Update on Upcoming Q3 Revenue Report
July 12, 2023
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, is reporting that it anticipates Q3 revenues to top $10 million; that will be the third consecutive quarter of $10 million revenues for the company. The report pointed to several key factors in the company’s […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Signs Amended, Restated Purchase Agreement with MeridianBet
June 30, 2023
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, has entered into an amended and restated purchase agreement with MeridianBet Group. One of southeast Europe’s leading business-to-consumer (“B2C”) sports betting and gaming groups, MeridianBet Group operates in multiple markets across Europe, Africa and Latin […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Releases Q2 Financial Report
June 15, 2023
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, is reporting on its second quarter, the period ended April 30, 2023. Highlights of the report include increased revenues of $10.3 million, up 21% over the $8.5 million reported in the same quarter last year; […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) CEO to Host Business Update Webcast
April 24, 2023
Golden Matrix Group (NASDAQ: GMGI) is a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content. The company today issued a reminder that its Chief Executive Officer Brian Goodman is hosting a webcast for GMGI shareholders and investors on Tuesday, April 25, 2023, at 4:00 p.m. ET. Goodman’s presentation […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Schedules Webcast; CEO to Host, Provide Company Update
April 20, 2023
Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, announced that company CEO Brian Goodman will be hosting an upcoming webcast. The event is specifically for GMGI shareholders and investors and will begin at 4 p.m. EDT on April 25, 2023. According to […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Board Authorizes Stock Repurchase Program
April 3, 2023
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, is reporting that its board of directors authorized the repurchase of up to $2 million worth of shares of the company’s common stock. According to the announcement, the repurchase program will expire on Sept. 29, 2023, or when […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Financial Results, Record Revenues in Q1 2023
March 17, 2023
Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today released its financial results for its fiscal quarter ended Jan. 31, 2023. Among the highlights, the company reported Q1 2023 revenues of $10,777,679, a 21.4% increase on revenues of $8,877,105 in the like […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Releases Q1 Financial Report with Record $10.5M Revenues
February 23, 2023
Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, is reporting record revenues for its first quarter, ending Jan. 31, 2023. The report shows that revenues reached more than $10.5 million for the quarter, an estimated 19% improvement on $8.8 million revenues for […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Releases FY 2022 Financial Numbers, Reports Record Revenue
January 30, 2023
Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, has released a financial report for FY 2022, the year ended Oct. 31, 2022. Highlights of the report included full-year revenues of $36 million, a 219% increase from the previous year and a revenue […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Moves to Acquire MeridianBet Group
January 12, 2023
Golden Matrix Group (NASDAQ: GMGI) is a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content. The company today announced its entry into a definitive acquisition agreement pursuant to which it has agreed to acquire MeridianBet Group and its related companies in a cash and stock transaction valued at […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Exclusive Distribution Agreement
December 12, 2022
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, has entered into an exclusive distribution agreement with Elray Resources Inc., which trades as Elray Gaming. The agreement gives GMGI exclusive rights to provide all gaming content to Elray Resources’ clients. According to the announcement, Elray Resources will launch […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Preliminary Fiscal 2022 Revenues, Expected 201% YOY Increase
November 18, 2022
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, today announced its preliminary revenues for the fiscal year ending Oct. 31, 2022, reflecting expected record revenues of more than $34 million. According to the update, this represents an estimated 201% improvement on revenues of $11.3 million in the […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Full Acquisition of Interest in RKings Competitions
November 4, 2022
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, has acquired the remaining 20% interest in RKings Competitions; the company now owns a total of 165,444 restricted shares of GMGI’s common stock payable to the two former owners of RKings. Company officials announced the transaction, which makes RKings a […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Distinctive in Highly Competitive Online Gambling Space
November 3, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, white labels its industry-leading GM-AG System that can be custom-built from 10,000+ game options for its roughly 650 clients serving about 6.8 million end users. “The online gambling space is highly competitive, leading to most of the world’s biggest […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Continually Upgrading Systems, Gaming Content to Maintain Competitive Edge
October 21, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, is leveraging the growth opportunity that has arisen as casino operators embrace digital avenues. “Golden Matrix’s GM-AG System is the industry standard for gaming platforms, including leading graphics and over 10,000 games to give casino operators a copious number […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Thrives in an Industry Where Content is King
October 17, 2022
Google recently announced the closure of its Google Stadia gaming business, a decision which may have partly been underpinned by the dearth of new gaming titles available on the platform Content has remained a crucial driver of success within the iGaming industry, a factor which Golden Matrix Group have sought to cater to Through their […]
Pandemic, Dinosaurs and Raffles: Why Golden Matrix Group Inc. (NASDAQ: GMGI) is a Diamond in the Rough
October 13, 2022
While a tough economic climate has hurt many businesses in recent years, Golden Matrix has amassed a streak of 16 consecutive profitable quarters The GMGI portfolio includes over 10,000 games and a turnkey system designed to promote user acquisition, engagement, retention, and monetization After buying 80% of RKings International, GMGI is preparing to expand the […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Posting Increasing Revenues Quarter after Quarter on Strengths of Its B2B, B2C Platforms
October 13, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, currently supports over 645 operators and 6.8 million players in its B2B business and over 229,000 players in its RKings B2C segment. “GMGI’s next generation GM-Ag System – the industry standard – provides access to 10,000+ games while simplifying […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Rolling out Expansion Strategy to Capitalize on ‘Compelling Opportunities’
October 7, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, owns an extensive portfolio of proprietary technology that has made it a leader in B2B solutions. This is evidenced by the company’s record-breaking revenues and non-stop profitable quarters. “Backed by its stellar financial track record, GMGI is moving into […]
Business Booming for Golden Matrix Group Inc. (NASDAQ: GMGI) as Online Gambling Continues Growth in Popularity
October 3, 2022
Data Bridge Market Research forecasts a 13.7% CAGR for the casino online gambling market to reach $144.74 billion in 2028 Golden Matrix Group is demonstrating growth in both its B2B and B2C businesses, as it prepares to enter the Mexican markets GMGI revenue for the first nine months of fiscal 2022 was $26.46 million, up […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Rides Growing iGaming Wave with Record-Breaking Revenues, Market Expected to Double by 2027
September 29, 2022
iGaming market expected to double from $173 billion to over $340 billion by 2027 GMGI recently posted record-breaking Q3 revenue results, 16 non-stop profitable quarters GMGI’s industry-standard GM-Ag System provides access to 10,000+ games, simplifies payment options, leverages data analytics to provide total 360-degree performance visibility The iGaming market continues its rapid pace of growth […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Rides on Horizontal, Vertical Growth to Log Best Revenue Quarter Ever
September 16, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, has weathered the geopolitical drama and international upheaval that fueled recession concerns amid spiking inflation. None of that stopped the company from having its best revenue quarter ever, spearheaded by horizontal and vertical growth. “The Las Vegas-based company logged […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Achieves Record Revenues, 16th Consecutive Quarter of Profitability
September 8, 2022
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, today announced financial results for its third fiscal quarter ended July 31, 2022. Among the highlights, the company reported revenues of $9,101,541*, an increase of 180% as compared to the year-ago quarter. The company also noted that it has […]
B2B iGaming Leader Golden Matrix Group Inc. (NASDAQ: GMGI) To Enter B2C Market with Recent Permit Approval
September 2, 2022
GMGI acquired 80% stake in RKings social gaming platform that earned $32 million in revenue and $2.6 million in net income during fiscal 2021 Permit application for Mexico approved others to follow as more governments legalize online gambling Online gambling revenues expected to reach $153.6 billion by 2030 at CAGR of 11.7 percent from 2022 […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Set to Capitalize on US Online Gaming Boom
August 31, 2022
Commercial gaming revenues in the United States reached a record $14.81bn in 2Q22 Online gaming operations grew at an even faster pace, rising by 34.3% YoY to all-time high of $1.21 billion Recent studies have found that the online gaming market space within the United States could triple in size over the next five years, […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Scores Big Q3 Win on International Expansion
August 26, 2022
GMGI sets new bar for quarterly revenue, topping $9 million for first time The company currently has a string of 15 consecutive profitable quarters Golden Matrix is growing through international M&A activity and launching gaming products, including a new highly anticipated eSports platform Tech stocks have rallied since the tech-laden Nasdaq hit a nearly two-year […]