Golden Matrix Group to Announce Second Quarter Financial Results on August 13th
- LAS VEGAS, NV, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, today announced that it will report its second quarter 2024 financial results before the market opens on Tuesday, August 13, 2024.
- 08/08/2024
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Meridianbet (GMGI) Becomes Title Sponsor of the Maltese FA Trophy
- VALLETTA, Malta, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a well-established online sports betting and gaming group operating in 18 jurisdictions worldwide and part of Golden Matrix Group (NASDAQ: GMGI), is proud to announce it has become the title sponsor of the FA Trophy, the Maltese FA Cup. This prestigious partnership reflects Meridianbet's mission to support local clubs and strengthen the football community in Malta, fostering national pride and unity.
- 08/02/2024
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Meridianbet (GMGI) Goes for Gold With Over 1 Million Betting Options for 2024 Paris Olympics
- LAS VEGAS, NV, July 26, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – As the world's attention turns to the 2024 Summer Olympics in Paris, Meridianbet, a leading global sports betting operator and subsidiary of Golden Matrix Group, Inc. (NASDAQ: GMGI), unveils an unparalleled array of betting options for sports enthusiasts and Olympics fans alike.
- 07/26/2024
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Golden Matrix Group, Inc. Announces Authorization of Stock Repurchase Program
- LAS VEGAS, NV, July 17, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ: GMGI) (“Golden Matrix”, “GMGI” or the “Company”), an international developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced that its Board of Directors has authorized the repurchase of up to a maximum of $5.0 million of shares of the Company's common stock. Subject to any future extension in the discretion of the Board of Directors of the Company, the repurchase program is scheduled to expire on July 15, 2025, when a maximum of $5.0 million of the Company's common stock has been repurchased, or when such program is discontinued by the Board of Directors.
- 07/17/2024
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Expanse Studios (GMGI) Joins Forces with Betika in Strategic African iGaming Expansion
- LAS VEGAS, July 01, 2024 (GLOBE NEWSWIRE) -- Expanse Studios, iGaming development studio and part of the Golden Matrix Group (NASDAQ: GMGI) is thrilled to announce a new strategic partnership with Betika, Kenya's leading online gaming company. This collaboration, facilitated by our alliance with Casimba Casino, will further increase Expanse Studios' iGaming experience across Africa, tapping into Betika's extensive operations across multiple countries including Kenya, Tanzania, Ethiopia, and Nigeria.
- 07/01/2024
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Meridianbet (GMGI) Transforms iGaming with Newly Launched Casino Bonus Wallet Product
- LAS VEGAS, June 13, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a prominent global iGaming and sports betting operator and a part of the Golden Matrix Inc Group (Nasdaq: GMGI), is thrilled to announce the launch of its new Casino Bonus Wallet. This latest innovation underscores Meridianbet's commitment to prioritizing the user experience and solidifying its position in Europe's online casino (iGaming) community.
- 06/13/2024
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Golden Matrix Group (GMGI) Joins Russell 3000 Index
- LAS VEGAS, June 05, 2024 (GLOBE NEWSWIRE) -- Meridian Gaming Ltd announces that Golden Matrix Group Inc. (NASDAQ: GMGI) (“Golden Matrix” or the “Company”), a leading developer, licensor, and global operator of online gaming and eCommerce platforms, announces its inclusion in the prestigious Russell 3000 Index. This inclusion underscores the Company's established market presence and growth trajectory.
- 06/05/2024
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Expanse Studios' (GMGI) Super Heli the Most Sought-After iGaming Release in Southeast Europe
- LAS VEGAS and BELGRADE, Serbia, June 03, 2024 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Golden Matrix Group Inc. (Nasdaq: GMGI), is thrilled to announce Super Heli, a revolutionary helicopter adventure is currently one of the most sought–after new game in Southeast Europe's iGaming market. Namely, the game is featured prominently on the homepage of Mozzart, one of Southeast Europe's leading operators with extensive market coverage, within a Top 3 position.
- 06/03/2024
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The GMGI Acquisition of Meridianbet Receives High Praise from IPO Edge
- LAS VEGAS and VALLETTA, Malta, April 11, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group, Inc. (NASDAQ: GMGI) and Meridianbet Group, the newly consolidated entity in online gaming world, are honored to receive positive analysis from IPO Edge, a leading portal known for its insightful and credible financial analyses. The distinguished coverage highlighted the GMGI's acquisition of Meridianbet as having a significant potential to reshape the gaming landscape, focusing on the combined entity's strategic positioning for expansive growth and technological innovation.
- 04/11/2024
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Golden Matrix Announces Completion of Acquisition of the MeridianBet Group
- Acquisition Expands Golden Matrix's Global Footprint and Significantly Increases Revenues LAS VEGAS, NV, April 09, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(“Golden Matrix” or the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced the closing of the previously announced acquisition agreement, pursuant to which Golden Matrix acquired ownership of the MeridianBet Group and its related companies, in a cash, debt and stock transaction. The acquisition was approved by Golden Matrix's Board of Directors and by the Company's shareholders at the special meeting held on March 19, 2024.
- 04/09/2024
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Meridianbet's Live Betting: Celebrating 23 Years at the Heart of Betting Innovation
- Unique proprietary tech Dominating with 57,400 pre-match and 53,257 live betting opportunities monthly, totaling 681,084 matches in 2023 alone Empty Bet - setting the company apart from competitors Meridianbet to be acquired by the Golden Matrix Group Inc. ("GMG") (NASDAQ: GMGI), heralding a new chapter of expanded innovation and global presence Zero-compromise over UX: another reason behind success High level of ethical code Focus on mobile app stability and speed Presence in 15+ markets VALLETTA, Malta, April 05, 2024 (GLOBE NEWSWIRE) -- For customers, sports and gaming have always been a loved and potent mix, and Meridianbet has been at the forefront of this sector for more than two decades. Extensive Event and Odds Offerings A market leader with 57,400 pre-match sporting events across 46 sports and nearly 53,257 live betting opportunities each month.
- 04/05/2024
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The MeridianBet - Golden Matrix Transaction Secures Approval at GMGI Shareholder Assembly
- LAS VEGAS and VALETTA, Malta, March 20, 2024 (GLOBE NEWSWIRE) -- The MeridianBet Group, Southeast Europe's leading Business-to-Consumer (“B2C”) sports betting and gaming group, operating in multiple markets across Europe, Africa, and Latin America, is pleased to note that shareholders of Golden Matrix Group Inc, ("GMG"), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, (NASDAQ: GMGI), have voted to approve the acquisition of MeridianBet.
- 03/20/2024
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Golden Matrix Stockholders Approve Acquisition of MeridianBet Group
- LAS VEGAS, NV, March 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(“GMGI”, “Golden Matrix” or the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced that its stockholders have voted to approve the terms of, and the issuance of shares of common stock in connection with, that certain previously announced Amended and Restated Sale and Purchase Agreement of Share Capital dated June 27, 2023 (as amended and restated from time to time, the “Purchase Agreement”) by and between the Company, as purchaser and Aleksandar Milovanović, Zoran Milošević and Snežana Božović, owners of MeridianBet Group, pursuant to which the Company seeks to acquire MeridianBet Group, at a special meeting.
- 03/20/2024
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Golden Matrix Reports First Quarter Financial Results With Record Revenues of $11.84 Million
- LAS VEGAS, NV, March 14, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI), developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today reported financial results for its first fiscal quarter ended January 31, 2024.
- 03/14/2024
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JRC Stock Talk Hosting Live Q&A on X (Formerly Twitter) Spaces With CEO of Golden Matrix Group, Inc., Today, February 20, 2024 at 4:30 PM EST
- LAS VEGAS, NV, Feb. 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. NASDAQ:GMGI)(“GMGI” or the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, today announced Brian Goodman, CEO of Golden Matrix Group will be hosted by JRC Stock Talk, a leading platform for insightful investor discussions, pursuant to which Mr. Goodman will participate in an exclusive Q&A.
- 02/20/2024
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GOLDEN MATRIX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Golden Matrix Group, Inc. - GMGI
- NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MeridianBet Group to Golden Matrix Group, Inc. (“the Company”) (NasdaqCM: GMGI). KSF is seeking to determine whether the transaction and the process that led to it are adequate and fair to the Company's shareholders. If you would like to discuss your legal rights regarding the proposed sale, you may, without o.
- 02/14/2024
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Golden Matrix Files Definitive Proxy Statement
- Will Hold Special Meeting of Shareholders on March 19, 2024 to Vote on Approval of Acquisition of the MeridianBet Group
- 02/06/2024
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Golden Matrix Reports Fiscal 2023 Financial Results With Record Revenues of $44.2 Million
- LAS VEGAS, NV, Jan. 17, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(the “Company”, “Golden Matrix” or “GMGI”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today reported financial results for its fiscal year ended October 31, 2023, including:
- 01/17/2024
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Meridian Bet Provides Update on Corporate Progress and Pending Acquisition
- VALETTA, Malta, Jan. 08, 2024 (GLOBE NEWSWIRE) -- 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 progess in 2023, and an update on the pending acquisition of Meridian by Golden Matrix Group, Inc. (NASDAQ: GMGI). Meridian achieved about 25 percent revenue growth in 2023 - compared with revenue growth of 24 percent in the prior year, as well as increases in EBITDA and Net Profit of around 10% and 6%, respectively, compared with the prior year – as a result of significant new product offerings and continued expansion into regulated jurisdictions: Meridians's new and advanced proprietary gaming platform, Atlas, successfully rolled out in 40 percent of all territories; Meridian launched seven new advanced slot games that received nearly 100 positive casino reviews; WinGo, a new numbers game created by Meridian's Expanse Studios, generated ticket sales of about $2 million in November, a 55.4% increase on $1.28 million recorded in September; Meridian launched partnerships with 36 new media outlets and integrations with six new online casino platforms; Streamlined registration and deposit steps were implemented to improve user experience, engagement and satisfaction; As a founding member of the European Organization for Gaming Law (EOGL) based in EU capital Brussels, Meridian will be involved in legislative and regulatory discussions and play a key role in shaping industry standards EU and worldwide; Meridian is licensed and currently operating in 15 jurisdictions across Europe, Africa and South America.
- 01/08/2024
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Golden Matrix Achieves Record Revenues Exceeding $44 Million in Fiscal 2023
- LAS VEGAS, NV, Nov. 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(“GMGI” or the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, today announced that pursuant to preliminary revenue estimates, it achieved record revenues of more than $44 million for the Company's fiscal year ended October 31, 2023, which represents, an approximately 22% improvement on revenues of $36 million in fiscal 2022.
- 11/21/2023
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Golden Matrix Provides Corporate Update on Pending Acquisition
- LAS VEGAS, NV, Oct. 04, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group, Inc. (NASDAQ: GMGI)(“GMGI”, “Golden Matrix” and the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today provided a corporate update on its pending acquisition of MeridianBet Group, one of Southeast Europe's leading business-to-consumer (B2C) sports betting and gaming groups, with headquarters in Malta, operating in multiple markets across Europe, Africa and Latin America.
- 10/04/2023
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Golden Matrix Reports Third Quarter Financial Results
- LAS VEGAS, NV, Sept. 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(the “Company”, “Golden Matrix” or “GMGI”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today reported financial results for its third fiscal quarter ended July 31, 2023.
- 09/07/2023
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Golden Matrix Achieves Record Third Quarter Revenues Exceeding $11 Million
- LAS VEGAS, NV, Aug. 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced it had achieved record third quarter (ending July 31, 2023) revenues exceeding $11 million, with significant contributions from RKings Tournament Competitions, the company's B2C segment operating in the United Kingdom.
- 08/11/2023
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Golden Matrix Provides Corporate Update
- LAS VEGAS, NV, July 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Golden Matrix Group Inc. (NASDAQ:GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced it expects third quarter (ending July 31, 2023) revenues to exceed $10 million, making it the third consecutive quarter for the company to achieve that milestone.
- 07/12/2023
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Golden Matrix and MeridianBet Sign Amended and Restated
- LAS VEGAS, NV, June 30, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Golden Matrix Group, Inc. (NASDAQ: GMGI)(“GMGI”, “Golden Matrix” or the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, and MeridianBet Group, one of Southeast Europe’s leading business-to-consumer (B2C) sports betting and gaming groups, with […]...
- 07/01/2023
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10 Biggest Communication Services Stocks With High Insider Ownership
- Peter Lynch, one of the most successful and well-known investors of all time, once said, “Insiders might sell their shares for any number of reasons, but they buy them for only one:they think the price will rise.
- 03/27/2023
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Golden Matrix Reports Record Revenues In Excess Of $9.3M, Go-Forward Trajectory
- The Golden Matrix Group Inc (OTC: GMGI), a developer and licensor of online gaming technologies and content, reported record revenues in excess of $9.3 million in the nine months ending Oct. 31, 2021. The company changed its fiscal year from Jan. 31 to Oct. 31.
- 01/14/2022
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OTC Markets Group Welcomes Golden Matrix Group, Inc. to OTCQX
- NEW YORK, Sept. 22, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Golden Matrix Group, Inc. (OTCQX: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, has qualified to trade on the OTCQX® Best Market.
- 09/22/2021
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Golden Matrix Reports Twelfth Consecutive Profitable Quarter, Record Revenues for Fiscal Q2 Ended July 31, 2021
- Record quarterly revenues (Q '22) of $3,251,182, an increase of 211% compared with revenues of $1,045,425 in the like year-ago quarter, and a 23% improvement on revenues of $2,639,402 in the prior (Q1 '22) quarter Net income of $481,189 versus net income of $127,872 in Q1 '22 Adjusted EBITDA of $667,158, when excluding interest expense, interest income, amortization expense and stock-based compensation expense* Record revenues of $5,890,584 for the first six months of fiscal '22, an increase of 231% on revenues of $1,780,189 in the first six months of fiscal ‘21 Cash and cash equivalents of $13,879,617, current assets of $16,792,363 and total assets of $17,239,995 as of July 31, 2021 Total current liabilities of $1,434,096 and $211,915 of long-term liabilities as of July 31, 2021 Company rolls out fully functional seamless aggregation platform, allowing entry into significant global markets LAS VEGAS, NV / ACCESSWIRE / September 10, 2021 / Golden Matrix Group Inc. (OTC PINK:GMGI) , a developer and licensor of online gaming platforms, systems and gaming content, today reported that it achieved its twelfth consecutive quarter of profitability and record revenues exceeding $3.2 million in the second fiscal quarter ended July 31, 2021. The tripling in Q2 revenues over the revenues recorded in fiscal Q2 ‘21 was primarily a result of GMGI's increased number of both gaming operator customers and registered players with these customers.
- 09/10/2021
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Golden Matrix Enters into Agreement with Playson Ltd to Expand GMGI's Gaming Portfolio and Its Share in the Online Gaming Market
- LAS VEGAS, NV / ACCESSWIRE / July 19, 2021 / Golden Matrix Group, Inc. (OTC PINK:GMGI), a developer and licenser of online gaming platforms, systems and gaming content, today announced it has entered into an agreement with Playson Ltd, a leading international game developer providing cutting-edge innovative content in over 17 regulated jurisdictions. According to the agreement, Playson's entire portfolio of games, including fan-favorites such as Buffalo Power: Hold and Win, Solar Queen and Legend of Cleopatra: Megaways™, will be featured on GMGI's state-of-the-art GM-X platform that currently services 400 plus operators and their 3.5 million registered users in the Asia Pacific (APAC) region.
- 07/19/2021
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Golden Matrix Reports Record Revenues of $1.1 Million for the Month of June, and Revenues Exceeding $2 Million in the First Two Months of Its Second Fiscal Quarter
- LAS VEGAS, NV, July 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (OTCPK: GMGI), a developer and licenser of social gaming platforms, systems and gaming content, today announced it had achieved record revenues of $1 million in the month of June, and over $2 million during May and June, the first two months of the company's second fiscal quarter ending July 31, 2021. Additionally, June represents GMGI's first month to exceed one million dollars in revenues.
- 07/12/2021
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Golden Matrix Enters Into Distribution Agreement with Fantasma Games AB to Expand Both Companies' Share in the Online Gaming Market
- New Casino Games to be Hosted on Company's GM-X and GM-Ag Platforms
- 06/29/2021
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Golden Matrix Reports Record Revenues for First Fiscal Quarter Ended April 30, 2021
- Company Achieves 11th Consecutive Quarter of Profitability • Record revenues (Q1 '22) of $2,639,402, an increase of 259% compared to revenues of $734,764 in the year-ago quarter, and a 35% improvement on revenues of $1,951,406 in the prior (Q4 '21) quarter • Net income of $127,872 versus net income of $52,158 in Q4 '21 • Adjusted EBITDA of $663,311, when excluding interest expense, interest income, amortization expense and stock-based compensation expense* • Cash and cash equivalents of $11,750,489, and total assets of $15,162,029, as of April 30, 2021 • Total current liabilities of $1,241,070, and no long-term liabilities as of April 30, 2021 • Company acquires fully functional seamless aggregation platform, which positions GMGI for entry into multiple new markets with gaming operators worldwide LAS VEGAS, NV / ACCESSWIRE / June 9, 2021 / Golden Matrix Group Inc. (OTC PINK:GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today reported that it achieved record revenues exceeding $2.6 million and its eleventh consecutive quarter of profitability in the first fiscal quarter ended April 30, 2021. The Company said acceleration in total Q1 revenues was a result of strong revenue contributions from non-related-party distributors, which also accounted for an increase in cost of goods sold and a decrease in gross profit margin.
- 06/09/2021
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Golden Matrix Reports Revenue of $5,223,059, EBITDA* of $2,366,344 for Fiscal Year 2021
- Revenues Up 59 Percent Compared to Previous Twelve Months Cash on Hand Improves 531 Percent Over January 31, 2020 Total Assets Improve 273 Percent vs. January 31, 2020 Products Achieving Success in New Geographic Markets LAS VEGAS, NV / ACCESSWIRE / April 30, 2021 / Golden Matrix Group Inc. (OTC PINK:GMGI), a leading developer and licenser of full-service internet gaming platforms, systems and gaming content, today announced that for its fiscal 2021 year ended January 31, 2021, the Company reported revenue of $5,223,059, a 59 percent improvement on revenue of $3,288,575 reported for the previous twelve months.
- 04/30/2021
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Golden Matrix Launches First Sports Betting Platform With Online Gaming Operator
- LAS VEGAS, NV / ACCESSWIRE / April 7, 2021 / Golden Matrix Group Inc. (OTC PINK:GMGI), a leading developer and licenser of full-service internet gaming platforms, systems and gaming content, today announced it has launched its first custom-built online sportsbook platform with an established online gaming operator in a new and significant geographic sports gaming market for Golden Matrix. According to Golden Matrix CEO Brian Goodman, "The launch of the sportsbook platform with this particular customer has been timed to coincide with one of the world's most popular events, the season's kick-off of the Indian Premier (Cricket) League (IPL).
- 04/07/2021
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Golden Matrix Group Files For U.S. Mini IPO
- Golden Matrix Group has filed to raise $10 million in an IPO. The firm provides online gambling technologies to operators in Asia and other major regions.
- 03/30/2021
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Golden Matrix Acquires Aggregate Gaming System to Accelerate Company's Global Market Penetration
- LAS VEGAS, NV / ACCESSWIRE / March 8, 2021 / Golden Matrix Group, Inc. (OTC Pink:GMGI), a developer and licenser of online gaming platforms, systems and gaming content, today announced it has acquired a state-of-the-art aggregate gaming system from Gamefish Global Pty. Ltd., a premium casino game development company based in Sydney, Australia, to further expand the GMGI brand and to accelerate the company's global market penetration.
- 03/08/2021
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