Meridianbet (GMGI) Expands B2B Operations into Nigeria, Entering a Regulated $2 Billion Betting Market
- Lagos, Valetta--(Newsfile Corp. - March 13, 2025) - Meridianbet, a subsidiary of Golden Matrix Group, Inc. (NASDAQ: GMGI), has officially launched its B2B operations in Nigeria, one of the largest and fastest-growing betting markets in Africa. The company's entry into Nigeria further strengthens its 20-year presence in Africa, leveraging its proven track record in regulated markets to deliver world-class gaming products.
- 03/13/2025
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Meridianbet Expands B2B Operations into Nigeria, Entering a Regulated $2 Billion Betting Market
- Meridianbet, part of Golden Matrix (NASDAQ: GMGI), expands B2B operations into Nigeria with a licensed launch, tapping into a $2B market and driving growth
- 03/13/2025
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Expanse (GMGI) Submits Application for iGaming License in Romania
- Valletta, Malta--(Newsfile Corp. - March 11, 2025) - Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), continues its strategic expansion by applying for a Class 2 iGaming license in Romania. This license, issued by Romania's National Gambling Office (ONJN), will allow Expanse Studios to distribute its proprietary gaming content to licensed operators across the regulated Romanian market.
- 03/11/2025
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Meridianbet (GMGI) Executes 258 CSR Actions in 2024, Launches Global Book Donation Campaign to Support Culture and Education
- Valletta, Malta--(Newsfile Corp. - March 7, 2025) - Meridianbet, part of the Golden Matrix Group (NASDAQ: GMGI), executed 258 Corporate Social Responsibility (CSR) initiatives across Europe, Africa, and Latin America in 2024, focusing on healthcare, education, responsible gambling, and environmental sustainability. To view the full announcement, including downloadable images, bios, and more, click here.
- 03/07/2025
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Institutional Confidence in Golden Matrix Group (GMGI) Soars in Q4 2024
- Las Vegas, Nevada--(Newsfile Corp. - March 3, 2025) - Publicly disclosed data shows a significant increase in institutional ownership of Golden Matrix Group, Inc. (NASDAQ: GMGI) in Q4 2024 compared to Q3 2024. Several major institutional investors increased their positions, while new investors also acquired stakes in the company, indicating strengthened institutional support.
- 03/03/2025
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Expanse (GMGI) Completes 5th U.S. Sweepstakes Integration, Now Live with Yotta
- Las Vegas, Nevada--(Newsfile Corp. - February 28, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), has officially launched its gaming content on Yotta, marking the fifth U.S. sweepstakes casino integration for the company. Yotta operates in 46 US states and has built a strong player base of over 900,000 users.
- 02/28/2025
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Expanse Studios (GMGI) Completes 4th U.S. Sweepstakes Integration
- Las Vegas, Nevada--(Newsfile Corp. - February 25, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), has successfully completed its fourth major integration in the U.S. sweepstakes market, further solidifying its presence across 40+ states. The latest partnership has been facilitated through Casimba Gaming and extended Expanse Studios' third-party distribution strategy, allowing its proprietary slots, crash games, and table games to reach an even broader network of regulated sweepstakes operators.
- 02/25/2025
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Expanse (GMGI) Launches Game #55, Adds to U.S. Social Casino-Compatible Offer
- Las Vegas, Nevada--(Newsfile Corp. - February 14, 2025) - The U.S. sweepstakes and social casino market is evolving rapidly, and Expanse Studios--part of Golden Matrix Group Inc. (NASDAQ: GMGI)--continues to expand its footprint with its latest release, Candy's Bonanza. To view the full announcement, including downloadable images, bios, and more, click here.
- 02/14/2025
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Meridianbet Reports Over $9 Million in January 2025 Revenue, Achieving 24% YoY Growth
- VALETTA, Malta, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Meridianbet, part of the Golden Matrix Group, Inc. (NASDAQ: GMGI), a leading provider of innovative betting, gaming and technology solutions across 19 markets worldwide, today announced record-breaking revenue for January 2025, exceeding $9 million, marking the strongest month in the company's history and beating the January 2024 revenue by 24%. Important note: Meridianbet's reported financial results for January 2025 do not represent the consolidated financials of Golden Matrix Group, Inc. (GMGI).
- 02/11/2025
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Golden Matrix (GMGI) Ready for Super Bowl LIX with 900+ AI-Powered Lines & Prop Bets
- Las Vegas, Valetta--(Newsfile Corp. - February 9, 2025) - The Super Bowl LVIII is just hours away. Meridianbet, part of Golden Matrix Group (NASDAQ: GMGI), is setting new industry standards, rolling out a record-breaking 880+ unique betting options for the biggest sporting event in the U.S. Meridianbet, part of the GMGI, is also bringing innovation to Super Bowl LVIII with its AI Sports Betting Recommender, an advanced feature that personalizes betting experiences by analyzing player behavior, past wagers, and real-time trends to suggest the most relevant betting options.
- 02/09/2025
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Meridianbet Ready for Super Bowl LIX Record with with 900+ AI-Powered Lines & Prop Bets
- Over 880 unique betting options now available, surpassing last year's record-breaking offer Philadelphia Eagles hold a 1.5-point spread advantage over the Kansas City Chiefs, with Eagles as -120 moneyline favorites Exclusive betting options include Scorigami, first coach to call a challenge, longest pass completion, jersey number props, and much more Meridianbet's Empty Bet feature allows users to wager on custom bets, offering unparalleled flexibility Extensive NCAA March Madness coverage—with more than 500 betting options per game—providing unmatched variety LAS VEGAS and VALLETTA, Malta, Feb. 09, 2025 (GLOBE NEWSWIRE) -- The Super Bowl LVIII is just hours away and Meridianbet, part of Golden Matrix Group (NASDAQ: GMGI), is setting new industry standards, rolling out a record-breaking 880+ unique betting options for the biggest sporting event in the U.S. Meridianbet is also bringing innovation to Super Bowl LVIII with its AI Sports Betting Recommender, an advanced feature that personalizes betting experiences by analyzing player behavior, past wagers, and real-time trends to suggest the most relevant betting options. This AI-driven approach enhances user engagement, making it easier for bettors to discover tailored opportunities with maximum potential.
- 02/09/2025
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Golden Matrix (GMGI) Integrates with Second U.S. Sweepstakes Operator
- Las Vegas, Nevada--(Newsfile Corp. - February 7, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), continues to expand its presence in the U.S. sweepstakes market, successfully integrating with its second major U.S. social casino operator. This new integration brings Expanse Studios' portfolio of premium slots, crash games, and table games to players across 40+ states, including key markets such as California, New York, and Florida.
- 02/07/2025
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Meridianbet Listed on Oracle's Global Tech Reference Page
- VALLETTA, Malta, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Meridianbet, the sports betting and iGaming division of Golden Matrix Group (NASDAQ: GMGI) has been featured on Oracle's Global Reference Page—a dedicated platform showcasing the most advanced, high-impact projects implemented with Oracle technology, a global leader in enterprise tech powering the world's top businesses. This makes Meridianbet the first and only betting company from Southeast Europe to receive this recognition for its AI-driven approach to customer engagement, automation, and scalable marketing solutions.
- 02/07/2025
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Meridianbet (GMGI) Listed on Oracle's Global Tech Reference Page
- Las Vegas, Nevada--(Newsfile Corp. - February 7, 2025) - Meridianbet, the sports betting and iGaming division of Golden Matrix Group (NASDAQ: GMGI) has been featured on Oracle's Global Customer Reference Page--a dedicated platform showcasing the most advanced, high-impact projects implemented with Oracle technology, a global leader in enterprise tech powering the world's top businesses. To view the full announcement, including downloadable images, bios, and more, click here.
- 02/07/2025
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GMGI's Expanse Doubles U.S. Sweepstakes Game Lineup
- Las Vegas, Nevada--(Newsfile Corp. - January 17, 2025) - Expanse Studios, the in-house development division of Golden Matrix Group Inc. (NASDAQ: GMGI), continues to strengthen its position at the US. In just a few weeks since entering the U.S. sweepstakes casino market in late 2024, Expanse Studios has doubled the number of games it supplies, underscoring its rapid growth and ability to deliver high-quality gaming solutions.
- 01/17/2025
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Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership
- Las Vegas, Nevada--(Newsfile Corp. - December 31, 2024) - Golden Matrix Group (NASDAQ: GMGI), today announced a preview of its 2025 business growth opportunities in the gaming and technology sectors. This follows its year-to-date revenue growth of 55% to $105.3M, robust gross margins consistently above 55%, and a Price-to-Sales (P/S) ratio of 1.88.
- 12/31/2024
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Golden Matrix Group Resumes Stock Repurchase Program
- LAS VEGAS, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) ("Golden Matrix" or the "Company"), a developer and licensor of online gaming platforms, systems, and gaming content, today announced that it has resumed its existing stock repurchase program.
- 12/20/2024
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Golden Matrix Group to Participate in the 2025 ICR Conference
- LAS VEGAS, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) ("Golden Matrix" or the "Company"), a developer and licensor of online gaming platforms, systems, and gaming content, today announced that management will participate in the 2025 ICR Conference on January 13-15, 2025 at the Grande Lakes Resort in Orlando, FL.
- 12/19/2024
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Golden Matrix Group Inc. Files for Ontario Gaming License
- LAS VEGAS, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) (“Golden Matrix” or the “Company”), a global developer, licensor, and operator of online gaming platforms, today announced Expanse Studios, a rising leader in the iGaming sector and part of the Golden Matrix Group, is thrilled to announce the commencement of the filing process for its B2B Gaming License registration in Ontario, Canada. This pivotal step marks a significant advancement in the Company's global expansion strategy as the company prepares to enter one of North America's most dynamic and regulated iGaming markets.
- 12/18/2024
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A Closer Look Into Golden Matrix Group's (GMGI) Sweepstakes Business Segments: Adding to Meridianbet's Success
- Sliema, Malta--(Newsfile Corp. - December 13, 2024) - Golden Matrix Group, Inc. (NASDAQ: GMGI), the parent company of renowned brands such as Meridianbet, has seen significant contributions from its sweepstakes business segments as well - RKings Competitions and Classics for a Cause. These two brands have emerged as strong performers within the company's portfolio, blending entertainment with broader impact and adding notable value to its overall operations.
- 12/13/2024
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Golden Matrix Group Issues CEO Update on Strategic Progress and Key Developments
- LAS VEGAS, Dec. 06, 2024 (GLOBE NEWSWIRE) -- 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 issued a corporate update from CEO Brian Goodman highlighting the Company's recent performance, strategic priorities and financial positioning.
- 12/06/2024
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Golden Matrix Group (GMGI) Balances 85% Insider Ownership with Growing Institutional Backing Following Meridianbet Acquisition
- Sliema, Malta--(Newsfile Corp. - November 29, 2024) - High insider ownership is often seen as a double-edged sword, but it also reflects strong leadership commitment. Following the acquisition of Meridianbet, 85% of shares in Golden Matrix Group (NASDAQ: GMGI) are held by insiders—a clear indication of alignment between leadership and shareholder interests.
- 11/29/2024
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Meridianbet (GMGI) and Crvena Zvezda Seal Euroleague's First Logo Integration Deal
- Sliema, Malta--(Newsfile Corp. - November 21, 2024) - Meridianbet, a global sports betting and gaming brand, part of the Golden Matrix Group Inc. (NASDAQ: GMGI), has advanced its strategic partnership with Euroleague basketball powerhouse Crvena Zvezda. To view the full announcement, including downloadable images, bios, and more, click here.
- 11/21/2024
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Meridianbet Redefines Sports Sponsorship with Europe's First Emblem Integration Deal with BC Crvena Zvezda
- VALLETTA, Malta, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a global sports betting and gaming brand, part of the Golden Matrix Group Inc. (NASDAQ: GMGI), has advanced its strategic partnership with Euroleague basketball powerhouse Crvena Zvezda.
- 11/21/2024
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Golden Matrix Group, Inc. (GMGI) Q3 2024 Earnings Call Transcript
- Golden Matrix Group, Inc. (NASDAQ:GMGI ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Unidentified Company Representative - Brian Goodman - CEO Zoran Milošević - CEO of Merdianbet Group Conference Call Participants Operator Thank you and good morning, everyone. Welcome to Golden Matrix Group's Third Quarter 2024 Earnings Call.
- 11/12/2024
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Meridianbet Foundation (GMGI) Marks Five Years of Successful Global Scholarship Program
- Sliema, Malta--(Newsfile Corp. - November 4, 2024) - For the fifth consecutive year, the Meridianbet Foundation is proud to recognize and reward exceptional academic talent through its scholarship program. This program now reaches students across all markets where Meridianbet operates, supporting their academic journey and professional aspirations with meaningful financial awards and industry exposure.
- 11/04/2024
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Meridianbet Launches AI-Powered "I'm Feeling Lucky" Online Casino Feature, Setting New iGaming Industry Standard
- Revolutionary feature combines spontaneous game discovery with AI-driven personalization Early adoption shows 40% increase in new game exploration Projected to drive 15% increase in player lifetime value Seamlessly integrated with Meridianbet's AI Casino Recommender VALLETTA, Malta, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a leading European online gaming operator and part of the Golden Matrix Group Inc. (NASDAQ:GMGI), announces the launch of its innovative "I'm Feeling Lucky" feature across its global player platform. This AI-powered feature directly addresses user acquisition costs and retention metrics, two key drivers of profitability in the iGaming sector.
- 11/01/2024
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Golden Matrix Raises The Stakes In Global IGaming
- Q2 2024 financials show revenue up 75%, driven by the GMAG iGaming platform with massive growth in wagers. R Kings Competitions grew 43% in Q2, reaching $9.6 million, attracting over 53,000 new players. Financially strong: EBITDA $5.4M in Q2, cash reserves at $40M, leverage ratio of 1.6.
- 10/31/2024
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Golden Matrix Group Subsidiary Meridianbet Launches Revolutionary AI-Powered Bet Recommender
- LAS VEGAS, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI), a leading developer and licensor of online gaming platforms, systems, and content, today announced the launch of the AI-powered Bet Recommender by its sports betting division Meridianbet.
- 10/25/2024
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Meridianbet Launches Industry-Leading NBA Betting Offer with Over 2,000 Markets Per Game
- Comprehensive selection of 2,000+ betting markets for every NBA game Advanced player prop bets and same-game parlay options Competitive odds matching top-tier US sportsbooks VALLETTA, Malta, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a leading sports betting operator and part of the Golden Matrix Group (GMGI) announces an unprecedented expansion of its NBA betting markets for the 2024-25 season. With over 2,000 betting options per game, Meridianbet continues to demonstrate its commitment to providing US sports enthusiasts with an unmatched betting experience.
- 10/24/2024
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Golden Matrix Group to Present at the LD Micro Main Event XVII October 28th-30th 2024
- Las Vegas, Nevada--(Newsfile Corp. - October 14, 2024) - Golden Matrix Group Inc. (NASDAQ: GMGI) ("Golden Matrix" or the "Company"), a developer and licensor of online gaming platforms, systems, and gaming content, has been invited to present at the 17th Annual LD Micro Main Event taking place October 28 - 30, 2024 at the Luxe Sunset Bel-Air Hotel in Los Angeles, California. Brian Goodman, Chief Executive Officer of Golden Matrix, will be presenting and meeting one-one-one with investors at the conference.
- 10/14/2024
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Golden Matrix Group Inc. Announces Additional Amendment to Earnout Structure of Share Purchase Agreement With Subsidiary Meridianbet
- LAS VEGAS, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) (“GMGI” or “the Company”) announces that on 1st October 2024, the Company passed its fifth amendment to the initial share purchase agreement (the “Share Purchase Agreement”) with Meridianbet in connection with the Company's previous acquisition of Meridianbet earlier this year.
- 10/02/2024
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Expanse Studios (GMGI) Ignites Industry Interest With Groundbreaking Games at SBC Summit Lisbon 2024
- iGaming Innovator Reports Discussions With Over 20 Potential Partners, Showcases New Social Casino and Crash Game Offerings
- 09/27/2024
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Meridianbet CEO Shares Key Insights at Citi 2024 Global TMT Conference
- NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Meridianbet, one of Europe's oldest and leading global sports betting and iGaming operator and part of Golden Matrix Group (NASDAQ: GMGI) announced that its CEO Zoran Milosevic, participated in the Citi 2024 Global TMT Conference.
- 09/06/2024
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Golden Matrix Group Subsidiary Meridianbet Shortlisted for Exclusive Sports Betting and iGaming License in Brazil
- LAS VEGAS, NV, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI), a leading developer and licensor of online gaming platforms, systems and gaming content, is proud to announce that its subsidiary, Meridianbet, has been shortlisted for an exclusive sports betting and iGaming license in Brazil.
- 08/26/2024
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Golden Matrix Announces Participation in Benzinga All-Access Interview
- LAS VEGAS, NV, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today announced that Chief Executive Officer Brian Goodman will be participating in a live interview with Benzinga Executive Producer Zunaid Suleman this Wednesday, August 21st, on Benzinga All-Access at approximately 11:40 a.m. Eastern Time.
- 08/20/2024
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Golden Matrix Group, Inc. (GMGI) Q2 2024 Earnings Call Transcript
- Golden Matrix Group, Inc. (NASDAQ:GMGI ) Q2 2024 Earnings Conference Call August 13, 2023 9:00 AM ET Company Participants Brett Milotte - Senior Vice President of ICR Brian Goodman - Chief Executive Officer of Golden Matrix Group Zoran Milosevic - Chief Executive Officer of Meridianbet Group Conference Call Participants Operator Good day, and welcome to the Golden Matrix Group Second Quarter 2024 Earnings Conference Call and Webcast. All participants will be in a listen-only mode.
- 08/14/2024
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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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