Golden Matrix Group Inc. (NASDAQ: GMGI) Reports a Record $9 Million in Quarterly Revenues
August 15, 2022
Golden Matrix Group Inc revealed that revenues for the third fiscal quarter ending July 21, 2022, exceeded $9 million The record top-line result marks a significant, 177% increase on a year-over-year basis Management attributed the strong performance to continued growth within the company’s B2B and B2C segments, noting that there were approximately 635 operators and […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Leverages Latest Tech Trends as Gamblers Continue Moving Online
August 11, 2022
Physical casino visits never recovered from COVID-19 restrictions Online gambling industry growing rapidly at CAGR of 11.7 percent from 2022 to 2030, expected to reach $153.6 billion by 2030 Esports, social gaming, online poker tournaments, relaxed legislation driving user growth GMGI offers B2B partners access to 10,000+ games from over 25 leading game providers, aims […]
Esports Market to Hit $12.5 Billion by 2030, Golden Matrix Group Inc. (NASDAQ: GMGI) To Add New Platform to Growing B2B iGaming Portfolio
August 4, 2022
Esports industry maturing, attracting growing audience via star-studded tournaments, ticket sales, merchandise, live social media events Industry expected to reach $12.5 billion at a CAGR of 21.9% by 2030 GMGI recently featured on Benzinga’s Esports Listmakers Series, CEO reveals upcoming launch of Esports platform GMGI delivers easily customizable, configurable, modular solutions for B2B operators, recently […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Records First $9M Quarter
August 3, 2022
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, today announced it recorded record revenues exceeding $9 million in the third fiscal quarter ended July 31, 2022. According to the update, this represents an estimated 177% improvement on revenues of $3.25 million in the comparable year-ago quarter. “We […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Surfs the Rising Wave of Metaverse Gaming
August 2, 2022
The popularity of online gaming is set to be further boosted through the advent of ‘Metaverse’ gaming Metaverse gaming allows for users to enhance their virtual gaming experience, interacting socially with their peers to mimic a realistic, casino experience in the comfort of their homes The development is also of great appeal to gaming providers, […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Looking to Capitalize on Booming iGaming, Esports Markets
July 29, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, intends to capitalize on the burgeoning iGaming market expected to reach $127 billion by 2025 from $76.8 billion in 2020, buoyed by growth in Europe, the U.S. and Asia. “Golden Matrix’s GM-X system and newly launched GMX-Ag platform are […]
iGaming Legalized in Ontario, Golden Matrix Group Inc. (NASDAQ: GMGI) Positioned to Benefit from Relaxed Legislation
July 29, 2022
Canadian province of Ontario recently legalized iGaming, other provinces expected to follow iGaming industry expected to reach 153.6 billion by 2030 at CAGR of 11.7% from 2022 to 2030 GMGI offers highly modular, turnkey, and white label gaming solutions for growing B2B customer base Recently released financial results reveal 15 consecutive profitable quarters, 221% Q2-2022 […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Reports Fastest 1QFY2022 Revenue Growth within the Online Gaming Sector
July 26, 2022
Golden Matrix Group recorded revenue growth of +355% YoY in 1QFY22, the highest growth rate within the online gaming sector Golden Matrix attributed part of the increase to strong revenue contributions from UK-based RKingsCompetitions Ltd, which it purchased an 80% stake in as of November 2021 RKings has emerged as one of the UK’s largest […]
Looking for an Edge? Golden Matrix Group Inc. (NASDAQ: GMGI) to Release Peer-to-Peer Esports Betting Product
July 22, 2022
GMGI CEO says new P2P Esports offering coming “quite soon” Gaming operators have need for new products to grow market share New product overcomes challenges related to compliance in Esports gambling If you’re paying attention to the sports betting market, you’re seeing companies big and small looking for edges to capture market share from competition […]
InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) GMX-Ag System Facilitating Brand Expansion, Global Market Penetration
July 21, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, has been a key beneficiary of a trend that has seen hundreds of gambling platforms opt for white label product offerings from third-party providers. GMGI provides its end customers with access to a substantial portfolio of upwards of 10,000 […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Maintains String of Profitability in 15 Consecutive Quarters
July 15, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, continues to grow every quarter, returning value to shareholders. “While many companies languished through the COVID-19 pandemic, GMGI maintained its string of profitability, which has now been extended to 15 straight quarters. From beginning of this fiscal year, the […]
Emerging iGaming Technology Trends Fuel Golden Matrix Group Inc.’s (NASDAQ: GMGI) B2B Growth Strategy
July 12, 2022
Enhanced graphics, Gamification, AI-powered loyalty systems and data analytics redefining iGaming experience and generating higher player yields for online operators. GMGI sets industry standard, offers 10,000+ games across 25+ providers Company provides highly configurable, modular, white-label, turnkey gaming platforms compatible with all major operating systems, browsers, devices Company recently reported 221% Q2-2022 growth, 15 consecutive […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Achieves 221% YoY Quarterly Revenue Growth
July 8, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, recently reported financial results for its second fiscal quarter, with quarterly revenues rising by 221% year-over-year to $8,482,743. “Meanwhile, Q2 net income rose to $586,984, a significant increase relative to the $127,986 recorded in the equivalent period a year […]
Gambling Market Setting New Records, a Perfect Storm Brewing for Golden Matrix Group Inc. (NASDAQ: GMGI)
July 7, 2022
The iGaming market is expected to reach $127 billion by 2027 Golden Matrix Group provides turnkey gaming platforms giving iGaming operators access to over 10,000 games, state of the art loyalty and customer retention systems GMGI recently acquired and 80% stake in RKings, helping boost revenue 221% in Q1 to $8.48 million as it ventures […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Sees Robust Growth Within Their White-Labelled B2B Offering
July 5, 2022
The online gaming sector got its start in 1994, through the launch of Microgaming The sector has seen hundreds of online gaming platforms come online in the ensuing decades, with the vast majority opting to white-label their gaming offering from third-party providers Golden Matrix Group has sought to cater to this demand through its GMX-Ag […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Leveraging AI-Powered Systems to Maximize Value for B2B Base
July 1, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, leverages the power of artificial intelligence (“AI”) to maximize profits for its growing business-to-business (“B2B”) customer base. “The company offers highly modular, configurable, turnkey, and white-label gaming platforms that are compatible with all major browsers, operating systems and devices. […]
No Debt and a Lot of Money Sets Golden Matrix Group Inc. (NASDAQ: GMGI) Apart as It Sets Sights on ESports Too
June 30, 2022
GMGI a standout differentiated in Benzinga’s Listmakers Series: ESports Golden Matrix will be launching a new P2P ESports betting platform GMGI is eyeing new accretive acquisitions to extend its string of nearly 4 years of consecutive profitable quarters Companies are usually willing to open their bank accounts for naming rights. For instance, FedEx is paying […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Grows Quarterly Net Income by Over 359% Yoy, Sees Margins Widen by Nearly 43%
June 27, 2022
Golden Matrix Group recently reported its 15th consecutive quarter of profitability GMGI’s second quarter revenues rose 221% YoY with net income expanding by upwards of 359% YoY GMGI attributed the rise in revenues to the added contribution from UK-based competition company, RKingsCompetitions Ltd, which Golden Matrix acquired in November 2021 Management expressed their continued optimism […]
Golden Matrix Group Inc.’s (NASDAQ: GMGI) AI-Powered I-Gaming Systems Fuel Revenue Growth Despite Looming Recession
June 23, 2022
Online gambling growing despite recession fears, expected to reach $115.13 billion by 2026 at CAGR of 9.2% GMGI leads industry with modular, turnkey, and white label gaming platforms compatible with all major browsers, operating systems, devices GM-X gaming systems collect player data, leverage AI algorithms to enhance gaming experience, increase player retention, boost B2B client […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Featured in Latest Episode of Bell2Bell Podcast
June 21, 2022
Golden Matrix Group (NASDAQ: GMGI), a gaming technology company, was featured in the Bell2Bell Podcast, a part of IBN’s (“InvestorBrandNetwork”) sustained effort to provide specialized content distribution via widespread syndication channels. GMGI’s CEO Brian Goodman joined the latest episode to discuss Golden Matrix’s business model, which includes both business-to-business (“B2B”) and business-to-consumer (“B2C”) operations. “Our […]
IBN (InvestorBrandNetwork) Announces Latest Episode of The Bell2Bell Podcast Featuring Brian Goodman, CEO of Golden Matrix Group Inc.
June 21, 2022
LOS ANGELES, June 21, 2022 (GLOBE NEWSWIRE) — via InvestorWire — IBN (InvestorBrandNetwork), a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The Bell2Bell Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. The Bell2Bell Podcast delivers informative updates […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Eyes Accelerated Growth of B2C Businesses
June 17, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, made its foray into the business-to-consumer (“B2C”) marketplace in December following the acquisition of an 80% stake in RKings Competitions Ltd. RKings is a United Kingdom-based company and leading operator of online skill-based competitions throughout the U.K. and Ireland. […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Focused on Growing Out Their B2B and B2C Verticals
June 17, 2022
Golden Matrix Group, Inc has been a major beneficiary of the growth in online gaming as well as the ongoing regulation and legalization of online casinos and online sports betting Globally The Company has expanded its white-label B2B offering through the launch of the GM-X and GM-Ag turnkey solution, a complete software package designed to […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Leverages AI-Powered Platform to Maximize Online Gaming Profits
June 15, 2022
iGaming customer acquisition costs rising, reducing operator profitability GMGI offers AI-powered iGaming software that provides partners with customer data that boosts monetization strategies, increases player retention System generates skill and game-preference data that enables operators to offer incentives that prolong activity and increase returns Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Poised as Industry’s Most Extensive Gaming Portfolio Provider
June 10, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, has sought to bridge the gap between gaming operators and studios through its GM-X and the launch of its B2B aggregate gaming system, GMX-Ag. “Golden Matrix’s GM-X system has long been established as the industry standard, granting gaming platforms […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Strong Q2 Financial Results
June 3, 2022
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today announced financial results for its second fiscal quarter ended April 30, 2022. Among the highlights, the company reported Q2 revenues of $8,482,743, a 221% increase as compared to the same quarter last year. The company also noted […]
Golden Matrix Reports 2nd Quarter Financial Results with Revenues of $8,482,743 and 15th Consecutive Quarter of Profitability
June 3, 2022
LAS VEGAS, June 03, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Golden Matrix Group Inc. (NASDAQ:GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today reports financial results for its second fiscal quarter ended April 30, 2022. Q2 revenues of $8,482,743**, an increase of 221% on revenues of $2,639,511 in the comparable year-ago […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Eyeing Expansion, Scaling
May 27, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, has historically focused on business-to-business (“B2B”) operations, providing gaming companies with the tools they need to improve profits and reduce churn, industry nomenclature for losing players. “Golden Matrix IP includes its flagship GM-X System and its recently released next-gen […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Upgrades RKings Contest Platform, Looks to Keep Compounding Profits
May 26, 2022
In December, Golden Matrix Group entered the B2C gaming market with the acquisition of the majority of U.K.-based skilled gaming company RKingsCompetitions Ltd. This month, GMGI launched an upgraded version of the platform, which gives contestants the opportunity to win cars, electronics, tools, and more The combination of GMGI’s B2B operations and new mix of […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Tie-up with Endorphina, Further Expands B2B Online Game Offering
May 23, 2022
Golden Matrix Group recently announced a tie-up with online slot-game provider, Endorphina The venture will see Golden Matrix Group amalgamate Endorphina’s 100 game portfolio on to their existing B2B gaming portfolio GMGI currently provide gaming platforms with access to upwards of 10,000 games drawn from over 25 gaming studios via their GMX-Ag system Golden Matrix […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Seeks to Cement Position as Online Gaming Industry’s Aggregator of Choice
May 19, 2022
Golden Matrix Group have emerged as one of the online gaming industry’s most extensive gaming portfolio providers The company provides gaming platforms with access to over 10,000 games drawn from upwards of 25 gaming studios Golden Matrix have sought to further cement their position within the gaming industry through the recent launch of their next […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Launches Upgraded RKings Tournament Platform
May 17, 2022
Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, has launched an upgraded Tournament platform. The robust new version of the platform includes added features and functionality specifically for Rkings’ players in Ireland and the United Kingdom. GMGI anticipates that the new platform will lead to an increase […]
Inflation Not Dampening Online Gaming as Golden Matrix Group Inc. (NASDAQ: GMGI) Accelerates Expansion
May 17, 2022
DraftKings sees no inflationary impact on player demand in first quarter report While major B2C online gaming companies struggle with exorbitant costs, Golden Matrix’s B2C model has resulted in 14 consecutive profitable quarters Golden Matrix acquired 80% of B2C prize competition company RKings Competitions Ltd, an immediately accretive move that facilitates expansion into new markets […]
Golden Matrix Announces Launch of Upgraded RKings Tournament Platform
May 17, 2022
LAS VEGAS , May 17, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Golden Matrix Group Inc. (NASDAQ:GMGI) (“GMGI” or the “Company”), a developer and licensor of gaming platforms, systems and gaming content, today announces it has launched a robust upgraded Tournament Platform with added features and functionality for Rkings’ Players in Ireland and the United Kingdom. Participants […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Leading to Way to Better Player Retention, Profits
May 13, 2022
GMGI white labels turnkey online casino, sportsbook, and live gaming content solutions complete with a single wallet for players for both desktop and mobile applications Y-o-Y revenue soared 355% to $8.88 million in Q1 fiscal 2022 with 500+ different casino brands and over 6 million players supporting GMGI’s 14th straight profitable quarter Golden Matrix recently […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Capitalizing on Surging Demand in Online Gaming
May 12, 2022
NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) — NetworkNewsAudio – Golden Matrix Group Inc. (NASDAQ: GMGI) announces the availability of a broadcast titled, “Online Gaming — A Sure Bet.” To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast To view the full editorial, please visit: https://www.nnw.fm/d41xY Brick-and-mortar casinos amp up excitement with bars, restaurants and live music, and if playing […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Carving Out Enviable Market Share
May 10, 2022
NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Golden Matrix Group Inc. (NASDAQ: GMGI) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. To view the full publication, “Online Gaming — A Sure Bet,” please visit: https://www.nnw.fm/d41xY With the […]
Golden Matrix Group Inc. (NASDAQ: GMGI) Records 14th Profitable Quarter on the Trot
May 10, 2022
Golden Matrix Group is a gaming technology and e-sports company, operating its own gaming IP alongside providing white-label gaming platforms for third-parties Golden Matrix reports Revenues of $8,877,105 & net income of $349,379 in the quarter ending January 2022, their 14th consecutive quarter of profitability The company have based their profitability on minimizing user acquisition […]
InvestorNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Partnership with IBN for Corporate Communications Needs
May 4, 2022
Golden Matrix Group (NASDAQ: GMGI), an established gaming technology company that develops and owns online gaming IP and builds turnkey online casino solutions for gaming operators, has selected InvestorBrandNetwork (“IBN”) for its corporate communications needs. IBN is a multifaceted financial news and publishing company that offers communications expertise and solutions for private and public entities. […]
IBN (InvestorBrandNetwork) Coverage Initiated for Golden Matrix Group Inc.
May 4, 2022
LOS ANGELES, May 04, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Golden Matrix Group Inc. (NASDAQ: GMGI), an established gaming technology company that develops and owns online gaming IP and builds turnkey online casino solutions for gaming operators, today announces it has selected the corporate communications expertise of IBN, a multifaceted financial news and publishing company for private and […]