Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region and Europe. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers. The company also provides services and resells third party gaming content to licensed online gaming distributors. Its platform is accessed through desktop and mobile applications. The company was formerly known as Source Gold Corp. and changed its name to Golden Matrix Group, Inc. in April 2016. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada.
IPO Year:
Exchange: NASDAQ
Website: https://www.goldenmatrix.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/21/2025 | $4.00 | Buy | Maxim Group |
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VALLETTA, Malta and LAS VEGAS, Dec. 13, 2025 (GLOBE NEWSWIRE) -- Meridianbet, a leading sports betting and gaming operator and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), has signed a content distribution agreement with BETER, an award-winning provider of fast-betting content, data, and odds for esports and sports. The partnership integrates BETER's exclusive ESportsBattle series and Setka Cup table tennis tournaments into Meridianbet's sportsbook platform across 18 licensed jurisdictions in Europe, Africa, and South America, including Serbia, Bosnia and Herzegovina, Montenegro, Peru, and additional markets where Meridianbet operates retail and online betting operations. BETER
VALLETTA, Malta and LAS VEGAS, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), today announced the launch of Panda World Wide, a New Year-themed slot game designed to support operator promotional campaigns during the Q4 2025 holiday season. The 3x3 slot features festive New Year imagery set in a celebration-themed cityscape with fireworks and seasonal elements, targeting the holiday promotional window when licensed operators historically increase marketing activity to drive player acquisition and reactivation campaigns. Panda World Wide is optimized for both real-money gaming and social casino pla
VALLETTA, Malta and LAS VEGAS, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), today announced the commercial launch of two holiday-themed slot games—Gates of Christmas and Panda World Wide—expanding the company's proprietary content portfolio to 65 titles across its 1,300+ operator distribution network. The releases target distinct market segments within Expanse's operator base: Gates of Christmas delivers high-volatility gameplay designed for real-money gaming operators, while Panda World Wide addresses the growing social casino market with medium-volatility mechanics optimized for casual player
WASHINGTON, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Meridianbet, a leading international sports betting and iGaming company operating in 18 regulated markets, and a subsidiary of Golden Matrix Group, Inc. (NASDAQ:GMGI), today announced that its Chief Executive Officer, Mr. Zoran Milosevic, will participate as a featured speaker at the prestigious Jerusalem Post Washington Conference, taking place December 9–10, 2025, at the United States Capitol (the ‘Conference'). The Jerusalem Post Washington Conference convenes senior government officials, global business leaders, founders, investors, and policymakers to discuss geopolitics, technology, innovation, and the future of the U.S.-Israel alliance.
Golden Matrix Group Announces the Retirement of CEO Brian Goodman, Appointment of William Scott as CEO and Launch of Next Phase of Strategic Execution LAS VEGAS, NV - December 8, 2025, Golden Matrix Group Inc. (NASDAQ:GMGI) (the "Company" and "Golden Matrix"), a global provider of online gaming platforms, content, and technology, today announced a planned leadership transition that aligns with the Company's next phase of strategic execution and operational scale. Mr. Brian Goodman has agreed to step down as Chief Executive Officer and member of the Board of Directors of the Company effective December 12, 2025, unless an earlier date is agreed between Mr. Goodman and the Company. Mr. Willia
VALLETTA, Malta and LAS VEGAS, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), has signed a content distribution agreement with Vegas.hr, one of Croatia's fastest-growing online casinos, to supply certified games across the operator's online casino platform. The partnership, facilitated through the Bragg Gaming aggregation platform, makes Expanse's certified Croatian portfolio available to Vegas.hr players, including popular titles Super Heli, Wild Icy Fruits, Titan Roulette, Wild White Whale, and additional games across slots, crash, and table game categories. Games now live on Vegas.hr include W
LAS VEGAS, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), today announced the deployment of two promotional game features designed to enhance operator marketing capabilities and player engagement across its distribution network of 1,300+ casino brands. The new promotional tools—Time Free Spins and Bonus Game Trigger—address a high-margin segment of the B2B iGaming market where operators pay premium fees for differentiated promotional mechanics that drive player acquisition and lifetime value. The features are now live across Expanse's distribution network spanning Europe, Latin America, and North
VALLETTA, Malta and LAS VEGAS, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), has been granted a software provider license by Spelinspektionen, Sweden's national gambling authority, authorizing the company to distribute gaming software to licensed operators in one of Europe's most mature and regulated iGaming markets. The license, valid until December 1, 2030, enables Expanse Studios to supply its portfolio of proprietary slot games, crash games, and casino content to Sweden's licensed B2C operators. This approval positions the company to serve a market that generated approximately €2.4 billion in
VALLETTA, Malta and LAS VEGAS, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), has been granted a Class 2 license by Romania's National Gambling Office (ONJN), authorizing the company to distribute specialized gaming software across one of Europe's fastest-growing regulated markets. The license, granted under Decision No. 273, enables Expanse Studios to provide its portfolio of proprietary slot games, crash games, and casino content to licensed Romanian operators. This approval positions the company to serve a market that generated approximately €600 million in gross gaming revenue in 2024 and main
VALLETTA, Malta and LAS VEGAS, Nov. 30, 2025 (GLOBE NEWSWIRE) -- Meridianbet, a leading sports betting and gaming operator and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), has successfully launched the Meridian Missions, a proprietary player engagement and reward system designed to increase user retention and drive long-term profitability across its global betting and casino operations. The platform transforms regular betting activity into a structured, points-based gamification experience where players unlock rewards by completing specific missions such as making deposits, playing featured games, and engaging with cross-product offerings. The system is designed to improve custom
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Maxim Group initiated coverage of Golden Matrix Group with a rating of Buy and set a new price target of $4.00
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LAS VEGAS, Nev., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ:GMGI) ("GMGI" or the "Company"), a leading developer and licensor of online gaming platforms, systems, and gaming content, today announced that it will be participating in the 2024 Global Gaming Expo (G2E), held at The Venetian Expo in Las Vegas, Nevada from October 7 to October 10, at booth #5130. This will be GMGI's inaugural participation at G2E as a combined entity with Meridianbet. At the event, GMGI will present an updated B2B network, emphasizing its state-of-the-art proprietary software, including the unveiling of the brand-new Atlas System, a fifth-generation core system solution that supports both
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. During the live interview, Mr. Goodman and Mr. Suleman will discuss: GMGI's Q2 2024 financial results and what they entail for the company;The future outlook for the firm over the next several fiscal years;The company's acquisition plans and its opportunistic approach to exp
LAS VEGAS, NV, July 19, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group (NASDAQ:GMGI) ("Golden Matrix" or the "Company"), a leading international developer and licensor of online gaming platforms, systems and gaming content, today announced the launch of an innovative Artificial Intelligence ("AI") powered casino game recommender by its subsidiary, Meridianbet. The recommender is designed to optimize user engagement and enhance the gaming experience. "This unique state-of-the-art Artificial Intelligence tool is a game changer," said Meridianbet CEO Zoran Milosevic. "We expect it to generate increased revenues, higher player values as a result of stronger loyalty and retent
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 discont
LAS VEGAS and BELGRADE, Serbia, May 17, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a member of the Golden Matrix Group (NASDAQ:GMGI), in partnership with Meridianbet Foundation, Expanse Studios, and BC Crvena zvezda Meridianbet announces the launch of a significant humanitarian initiative, 'Scan. Help.', aimed at supporting maternity hospitals across Southeast Europe. The rollout of this action to other market territories is expected in the remainder of 2024. How It Works: Empowering Community Participation For every scanned QR code and subsequent registration on the Meridian Foundation's website, funds will be allocated towards equipping five maternity hospitals in Serbia. This innovative a
LAS VEGAS, May 08, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ:GMGI), a leading B2B and B2C gaming technology company utilizing proprietary technology and operating globally across 17 regulated markets, today announced that Brian Goodman, Chief Executive Officer, and Zoran Milosevic, Chief Executive Officer of MeridianBet, participated in an IPO Edge Fireside Chat. During this morning's live event, Mr. Goodman and Mr. Milosevic discussed: How Golden Matrix and MeridianBet got to where they are today (their successes thus far and how the combined company plans on delivering long-term shareholder value);Golden Matrix's acquisition of MeridianBet and the newfound power
LAS VEGAS, NV, March 31, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)("Golden Matrix", "GMGI" or the "Company"), a developer and licensor of online gaming platforms, systems and gaming content, today announced that its Board of Directors has authorized the repurchase of up to a maximum of $2.0 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 September 29, 2023, when a maximum of $2.0 million of the Company's common stock has been repurchased, or when such program is discontinued by the Board of Directors. "We bel
LAS VEGAS, NV, Dec. 12, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Elray Resources Inc. (OTCPK: ELRA), a developer and licensor of online gaming technology and systems, today announced it has acquired Online Casino Crypto Technology, from Luxor Capital LLC. The Crypto Technology will enable Elray to build and supply full turnkey Crypto Technology systems to online crypto gaming operators. The crypto platform, branded as EBS (Elray Blockchain System), is expected to launch in the coming months. Elray also announced it has reached an Exclusive Distribution Agreement with Golden Matrix Group Inc. (NASDAQ:GMGI), wherein it will acquire all its gaming content for crypto operators from Go
LAS VEGAS, NV, Nov. 04, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today announced it had acquired the remaining 20% interest in RKings Competitions for a total of 165,444 restricted shares of GMGI's common stock payable to the two former owners of RKings. "Obviously," said Golden Matrix CEO Brian Goodman, "we are pleased to now have this exciting and successful B2C business as a wholly-owned entity; it is highly scalable and expected to grow quickly in multiple regulated jurisdictions. In addition to Great Britain, we expect RKings' tournament platform to be popular
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 quarter.Q2 net income attributable to GMGI of $586,984 versus $127,986 in the comparable year-ago quarter.Revenues of $17,359,848** in the first six months of this fiscal year, an increase of 278% on revenues of $4,590,917 in the comparable year-ago period.Net income attributable to GMGI of $936,363 in the first six months v
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Golden Matrix Group Announces the Retirement of CEO Brian Goodman, Appointment of William Scott as CEO and Launch of Next Phase of Strategic Execution LAS VEGAS, NV - December 8, 2025, Golden Matrix Group Inc. (NASDAQ:GMGI) (the "Company" and "Golden Matrix"), a global provider of online gaming platforms, content, and technology, today announced a planned leadership transition that aligns with the Company's next phase of strategic execution and operational scale. Mr. Brian Goodman has agreed to step down as Chief Executive Officer and member of the Board of Directors of the Company effective December 12, 2025, unless an earlier date is agreed between Mr. Goodman and the Company. Mr. Willia
VALLETTA, Malta, June 13, 2025 (GLOBE NEWSWIRE) -- As Meridianbet prepares to join the global celebration of World Blood Donor Day on June 14, the company is once again turning corporate values into direct action. Across multiple countries and markets, Meridianbet and the Meridianbet Foundation are organizing and participating in voluntary blood donation drives, reaffirming a long-standing commitment to public health and community solidarity. Meridianbet Joins Global Effort to Tackle Blood Shortages, Turning Employee Action into Lifesaving Impact In 2025, the blood donation remains a very important, and unresolved issue. Globally, around 118.5 million units of blood a
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. Benefits of Russell 3000 Index Inclusion Being part of the Russell 3000 Index further increases Golden Matrix's visibility and attractiveness to a broader range of institutional investors. This inclusion can lead to increased liquidity, greater investor interest, and
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. The Q&A session will take place on Tuesday, February 20, 2024, at 4:30 PM EST on X (formerly Twitter) Spaces, X's platform for audio chats. This event will offer investors a unique opportunity to gain valuable insights into Golde
Will Hold Special Meeting of Shareholders on March 19, 2024 to Vote on Approval of Acquisition of the MeridianBet Group LAS VEGAS, NV, Feb. 06, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Golden Matrix Group Inc. (NASDAQ:GMGI)(the "Company" or "GMGI"), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced that the Company will hold a Special Meeting of Shareholders to vote on, among other things, the proposed acquisition of the MeridianBet Group. The meeting will take place on March 19, 2024, at 12:00 P.M. Las Vegas time. The meeting will be held in a virtual format, via live audio webcast. Shareholders wil
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