InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Subsidiary Advances in Brazil’s Licensing Process for Sports Betting and iGaming
October 3, 2024
Golden Matrix Group’s (NASDAQ: GMGI) subsidiary Meridian Gaming Brasil SPE LTDA (CNPJ: 56.195.600/0001-07) has successfully passed an additional crucial round of Brazil’s exclusive licensing process for sports betting and iGaming, placing it in a narrow pool of companies eligible to operate in the Brazilian gambling industry. According to an announcement released Thursday morning, Meridian Gaming […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Passes Fifth Amendment to Initial Share Purchase Agreement with Meridianbet
October 2, 2024
Golden Matrix Group (NASDAQ: GMGI) today announced an additional amendment to the earnout structure of the initial share purchase agreement with Meridianbet. This fifth amendment was passed on October 1, 2024. Pursuant to the current agreement, Aleksandar Milovanović, Zoran Milošević and Snežana Božović, the sellers, will receive additional sums of cash and GMGI common stock, […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI), Subsidiary Announce ‘Milestone’ Expansion of Sports Wagering Product Suite
October 1, 2024
Golden Matrix (NASDAQ: GMGI), a leading developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, is expanding the product lineup of subsidiary, Meridianbet. According to the announcement, the expansion includes an estimated 170 new games with more than 2,000 additional betting selections per each match. The expansion is “powered […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Expanse Studios Launches Latest Innovations at the SBC Summit Lisbon 2024 to ‘Enthusiastic Reception’
September 27, 2024
Golden Matrix Group’s (NASDAQ: GMGI) subsidiary, Expanse Studios, participated in the SBC Summit Lisbon 2024, held September 24-26. The event, which saw a record-breaking attendance of 25,000 industry professionals, served as an excellent backdrop for Expanse Studios to launch its latest innovations. Its booth attracted interest and activity, with more than 20 potential partners expressing […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Subsidiary Enters Key Market with Release of First Social Casino Game
September 18, 2024
Golden Matrix (NASDAQ: GMGI), a leading international developer and licensor of online gaming platforms, systems and gaming content, has launched the first social casino game offered by its subsidiary Expanse Studios. The game, called Beach Penalties, represents Expanse Studios’ growth and development in the growing social-gaming space. An engaging instant game, Beach Penalties captures the […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Meridianbet’s Exceptional August 2024 Performance
September 12, 2024
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, today announced that pursuant to preliminary revenue estimates, its wholly owned subsidiary, Meridianbet, posted record-breaking results in August 2024. According to the announcement, the exceptional performance reflects Meridianbet’s continued global expansion and operational excellence across multiple markets. Key […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces $2M Debt-to-Equity Conversion Agreement with Meridianbet Founder
September 10, 2024
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, today announced a debt-to-equity conversion agreement. According to the announcement, Aleksandar Milovanović, the founder of the company’s wholly owned subsidiary Meridianbet, has agreed to convert $2,000,000 of debt into equity. The debt owed to Milovanović by GMGI resulted […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Unveils V2 of AI-Powered Casino Game Recommender
September 5, 2024
Golden Matrix (NASDAQ: GMGI), a leading international developer and licensor of online gaming platforms, systems and gaming content, has launched version 2.0 of its artificial intelligence (“AI”)-powered casino game recommender; the update was developed by GMGI subsidiary, Meridianbet. According to the announcement, the update is specifically designed to target the iGaming segment and provides precision […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Reports Status Update on U.S. Market Entry, European Market Expansion
August 28, 2024
Golden Matrix (NASDAQ: GMGI), a leading international developer and licensor of online gaming platforms, systems and gaming content, is making progress in its efforts to expand its market presence. Specifically, the company is reporting on its anticipated entry into the U.S. iGaming market, which involves GMGI subsidiary Expanse Studios applying for a New Jersey Casino […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Meridianbet Secures Candidacy for Exclusive Sports Betting and iGaming License in Brazil
August 26, 2024
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, today announced that Meridianbet, its subsidiary, has been shortlisted for an exclusive sports betting and iGaming license in Brazil. By securing its place in this priority list, Meridianbet has ensured that its license will be processed by January […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Inks Definitive Agreement for Acquisition, Announces CEO Live Interview
August 20, 2024
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, has entered into a definitive agreement to acquire an indirect 80% controlling interest in Australia-based Classics for a Cause Pty Ltd (“CFAC”), a leading independent online discount platform. According to the announcement, the acquisition facilitates Golden Matrix’s strategic plan to enter […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces ‘Exceptional Results’ in Q2 2024
August 13, 2024
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, today announced its financial results for the second quarter of 2024 (“Q2 2024”) ended June 30, 2024, and the first half of the year (year to date). According to the announcement, the results demonstrated robust growth and continued […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Plans to Release Q2 2024 Financial Report
August 12, 2024
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, plans to report its second-quarter 2024 financial results on Aug. 13, 2024. The company will release the financial report before market open that day. In addition, the company announced that an audio webcast of its earnings call, as well […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Subsidiary Announced as Title Sponsor of Maltese FA Trophy
August 5, 2024
Golden Matrix (NASDAQ: GMGI), an international developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, announced that its subsidiary, Meridianbet, has become the title sponsor of the FA Trophy, the Maltese FA Cup. Meridianbet is a well-established online sports betting and gaming group that operates in 18 jurisdictions worldwide. […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Subsidiary Offers 1M-Plus Betting Opportunities for 2024 Olympics
July 26, 2024
Golden Matrix (NASDAQ: GMGI), an international developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, and its subsidiary, Meridianbet, has announced an unparalleled array of betting options for the 2024 Paris Olympics. According to the announcement, Meridianbet is offering an unprecedented 383 betting options per event across all 45 […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Meridianbet Launches Game-Changing AI-Powered Casino Game Recommender
July 19, 2024
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, is announcing the launch of an innovative Artificial Intelligence (“AI”) powered casino game recommender by its subsidiary, Meridianbet. The new AI Casino Recommender feature uses advanced AI to offer personalized game recommendations to players by considering player behavior […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Board Authorizes Stock Repurchase Program
July 17, 2024
Golden Matrix (NASDAQ: GMGI), an international developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, announced that its board of directors has authorized a stock repurchase program. The program, which is subject to any future extension identified by the board, outlines the repurchase of up to $5 million shares […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Releases Q2 Financial Report, Reports Record Revenue
July 9, 2024
Golden Matrix (NASDAQ: GMGI), an international developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, is reporting on its second-quarter financials. The report shows revenues of more than $39 million for the company, a record high for the company. The report reflects the three-month period ended June 30, 2024. […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Announces $10M Investment from the Lind Partners
July 5, 2024
Golden Matrix (NASDAQ: GMGI), a leading developer and licensor of online gaming platforms, systems and gaming content, has closed on a funding agreement with Lind Global Asset Management VIII LLC, an investment fund managed by the Lind Partners, a New York-based institutional fund manager. The agreement is for $10 million in gross proceeds, which will […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Expanse Studios Partners with Leader in African iGaming to Expand, Deliver Superior Gaming Product
July 1, 2024
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and Expanse Studios, an iGaming development studio and part GMGI, is partnering with Betika, Kenya’s leading online gaming company. According to the announcement, the collaboration was facilitated by Expanse Studios’ alliance with Casimba Casino and is designed to increase Expanse Studios’ iGaming […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Granted Sports Betting, iGaming License in Peru
June 28, 2024
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, has been awarded a sports betting and iGaming license in Peru by the Ministry of Foreign Trade and Tourism of Peru. The license was issued to Meridian Gaming Peru S.A.C., a subsidiary of MeridianBet Group, […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Meridianbet Granted License to Enter South African Market
June 21, 2024
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, is announcing that its subsidiary Meridianbet, a B2B and B2C sports betting and gaming platform, has received a sports-betting license in South Africa. The license, granted by the Western Cape Gambling and Racing Board, confirms Meridianbet’s expansion into […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Shares Update on Expected Timing of Next Periodic Report
June 20, 2024
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, has released an update regarding the timing of its next periodic report. The company recently changed its fiscal year from October 31 to December 31 and has recently closed on the acquisition of the MeridianBet […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Meridianbet Launches New Product Extending Commitment to Providing Unparalleled Gaming Experience
June 13, 2024
Golden Matrix Group’s (NASDAQ: GMGI) subsidiary Meridianbet, a prominent global iGaming and sports betting operator, today announced the launch of its new Casino Bonus Wallet. The new Casino Wallet exclusively holds casino bonus funds that players receive by participating in active promotions on Meridianbet’s site. Players can use the bonus funds to play all games […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) to be Included in Russell 3000 Index
June 5, 2024
Golden Matrix (NASDAQ: GMGI), a leading developer, licensor and global operator of online gaming and eCommerce platforms, has been included in the prestigious Russell 3000 Index, a move that the company notes “underscores [its] established market presence and growth trajectory.” According to the announcement, companies that are included in the Russell 3000 Index see increased […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Reports Filing of Key Financial Statements Related to Meridianbet Acquisition
June 4, 2024
Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, has filed pro forma financial statements with the U.S. Securities and Exchange Commission (“SEC”) in conjunction to its recent acquisition of the Meridianbet Group. The statements reflect the combination of the financial results of Golden […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Expanse Studios Stands out in iGaming Market with New Helicopter Adventure
June 3, 2024
Golden Matrix Group’s (NASDAQ: GMGI) subsidiary, Expanse Studios, today announced that Super Heli, a revolutionary helicopter adventure, is currently one of the most sought–after new games in Southeast Europe’s iGaming market. The game is featured prominently on the homepage of one of Southeast Europe’s leading operators with a top three position and extensive market coverage. […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Subsidiary to Participate in Next Week’s SiGMA Asia Philippines Event
May 30, 2024
Golden Matrix (NASDAQ: GMGI), a leading business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company, and its subsidiary Expanse Studios, a pioneering iGaming brand, are featured at SiGMA Asia, a leading gaming and tech event taking place in Manila, Philippines. Scheduled June 2–5, 2024, the event is designed to be the heartbeat of the gaming industry […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Meridianbet Announces ‘Groundbreaking’ Initiatives for Copa America 2024 Tournament
May 23, 2024
Golden Matrix (NASDAQ: GMGI), a leading business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company, along with Meridianbet, part of the Golden Matrix Group and a prominent global sports betting and iGaming operator, is working to redefine the sports-betting experience for South American audiences. Meridianbet is doing this with its groundbreaking initiatives for Copa America 2024, […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Expanse Studios, SOFTSWISS Partner to ‘Inject Fresh Dynamism into the Gaming Industry’
May 22, 2024
Golden Matrix Group’s (NASDAQ: GMGI) distinguished iGaming brand and subsidiary, Expanse Studios, has entered a strategic partnership with SOFTSWISS, a leader in iGaming software solutions. According to the announcement, the collaboration marks a significant step in Expanse Studios’ efforts to broaden its international presence and enrich the gaming options available via SOFTSWISS’s vast network. “Partnering […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Meridianbet Launches Humanitarian Initiative to Raise Funds for Serbia Hospitals
May 17, 2024
Golden Matrix (NASDAQ: GMGI), a leading business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company, along with Meridianbet, part of the Golden Matrix Group and a prominent global sports betting and iGaming operator, has officially announced a humanitarian initiative called Scan. Help. MeridianBet is partnering with Meridianbet Foundation, Expanse Studios and Crvena zvezda Meridianbet, southeast Europe’s […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Meridianbet Announces Expansion of Global Political Betting Offer
May 15, 2024
Golden Matrix (NASDAQ: GMGI), a leading business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company, along with Meridianbet, part of the Golden Matrix Group and a prominent global sports betting and iGaming operator, offer extensive political betting options amid significant regulatory developments in the United States. According to an announcement released by Meridianbet, the company has […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Meridianbet Leads Flood Relief Efforts in Rio Grande do Sul, Brazil
May 10, 2024
Golden Matrix Group’s (NASDAQ: GMGI) subsidiary Meridianbet, a well-established online sports betting and gaming group, today announced its active involvement in the global coalition initiative for flood relief efforts in the Brazilian state of Rio Grande do Sul. According to the announcement, this collaboration is a significant part of Meridianbet’s commitment to supporting communities devastated […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI), MeridianBet Group CEOs Present IPO Edge Fireside Chat
May 9, 2024
Golden Matrix (NASDAQ: GMGI), a leading business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company utilizing proprietary technology and operating globally across 17 regulated markets, participated in an IPO Edge fireside chat. According to the announcement, Golden Matrix CEO Brian Goodman, along with MeridianBet CEO Zoran Milosevic, presented the IPO Edge chat on May 8, 20224. […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Meridianbet Setting New Standard for Customer Engagement, Community Impact
May 2, 2024
Golden Matrix Group (NASDAQ: GMGI) is an established gaming technology company that owns Meridianbet, a well-established online sports betting and gaming group. Meridianbet today announced that its pioneering initiative, Meridian Donate, is transforming the betting industry by engaging customers directly in corporate social responsibility (“CSR”) actions. According to the announcement, Meridian Donate is a unique […]
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 […]