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InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Leveraging GM-X Solution, Robust Portfolio to Exploit New Era of Online Gambling Sector’s Growth
August 19, 2022

InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Leveraging GM-X Solution, Robust Portfolio to Exploit New Era of Online Gambling Sector’s Growth

Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, is well placed to exploit the growth of the online gambling sector. “The advent of online gaming as well as the rapid uptake witnessed within the realm of metaverse gaming has attracted a host of platforms to the sector… There are now several thousand platforms vying for market share within an increasingly crowded space. A number of those companies are seeking to focus their efforts on marketing, opting to procure their operational systems and gaming portfolios from third-party providers such as Golden Matrix Group. The latter development has been reflected in GMGI’s positive results, with the company recently reporting its 15th consecutive quarter of profitability – a development partly led by Golden Matrix Group’s robust B2B pipeline,” a recent article reads. “The company recently announced the launch of its revamped GM-X turnkey solution, a complete software package designed to support online gaming businesses. Benefiting from its partnership with upwards of 25 providers, GMGI has established a robust portfolio of over 10,000 games ranging from online slots, casino table and live operator games and more, which are then licensed to platform operators seeking to operate a proven set-up.”

To view the full article, visit https://ibn.fm/FcGSe

About Golden Matrix Group Inc.

Golden Matrix Group, based in Las Vegas, Nevada, is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label B2B gaming platforms for its international customers, located primarily in the Asia Pacific region. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company’s platform can be accessed through both desktop and mobile applications. As a result of its 80% controlling ownership interest in U.K.-based RKings Competitions Ltd., Golden Matrix also generates revenues from RKings’ scalable B2C tournament platform. Its sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com.

NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

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