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
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
Year-to-Date Revenue up 55% to $105.3 Million Company's Classics for a Cause Acquisition Successfully Integrated LAS VEGAS, Nov. 12, 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 strong financial and operational results for the third quarter ended September 30, 2024. The results reflect the Company's robust growth strategy and expansion efforts across key markets, including the successful acquisition and integration of Classics for a Cause. Brian Goodman, CEO of Golden Matrix, commented, "Golden Matrix's Q3 performance demonstrates our commi
LAS VEGAS, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ:GMGI) ("Golden Matrix", "GMGI" or the "Company"), a leading developer and licensor of online gaming platforms, systems, and content, today announced the Company will report its third quarter 2024 financial results before the market opens on Tuesday, November 12, 2024. An audio webcast of the earnings call and an accompanying presentation reviewing the Company's financial results, recent events and outlook will be available the same day in the "Events & Presentations" section of Golden Matrix Group's website at https://goldenmatrix.com/events-presentations. About Golden Matrix GroupGolden Matrix Group, ba
Revolutionary feature combines spontaneous game discovery with AI-driven personalizationEarly adoption shows 40% increase in new game explorationProjected to drive 15% increase in player lifetime valueSeamlessly 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. The "I'm Feeling Lucky
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. The AI Bet Recommender is designed to offer real-time, personalized betting suggestions, tailored to individual player preferences and habits. By processing thousands of data points from sports events and odds parameters, the AI platform ensures that each bet is informed, timely, and highly relevant to the user. Key features include: Data-Driven Decisions: Utilizing vast sports data and odds to deliver precise
Comprehensive selection of 2,000+ betting markets for every NBA gameAdvanced player prop bets and same-game parlay optionsCompetitive 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. Industry - leading NBA betting Offer The expanded offering includes comprehensive coverage of every aspect of NBA games, from t
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, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ:GMGI) is delighted to announce that its subsidiary, Meridian Gaming Brasil SPE LTDA (CNPJ: 56.195.600/0001-07), has successfully passed another crucial round of Brazil's exclusive licensing process for sports betting and iGaming. As one of only 89 companies selected at the Federal level, Meridian Gaming Brasil remains well-positioned to continue operating nationwide during the adaptation period, which extends until December 31, 2024. This shortlist, released by the Brazilian Ministry of Finance, narrows the pool of companies eligible to operate in a market projected to reach around $2.2 billion in 2024. T
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. Under the current Purchase Agreement, Golden Matrix is obligated to pay Aleksandar Milovanović, Zoran Milošević and Snežana Božović (the "Sellers") additional sums of cash and Golden Matrix Common Stock within five business days following October 9, 2024. As of 1st October 1, 2024, the Share Purchase Agreement was amended to
LAS VEGAS, Nev., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group (NASDAQ:GMGI) ("GMGI" or the "Company"), a leading developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced a substantial expansion to the width of the product lineup of its subsidiary, Meridianbet. The expansion, powered by GMGI's proprietary software developed by its Meridianbet subsidiary, introduces approximately 170 new games with over 2,000 additional betting selections per each match. This strategic move is designed to broaden the Company's market appeal and increase user engagement, revenue streams and market share in respective jurisdiction
iGaming Innovator Reports Discussions With Over 20 Potential Partners, Showcases New Social Casino and Crash Game Offerings LISBON, Portugal, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), today announced its triumphant participation in the SBC Summit Lisbon 2024, held from September 24-26 at the Feira Internacional de Lisboa. The event, which saw a record-breaking attendance of 25,000 industry professionals, served as a launchpad for Expanse Studios' latest innovations, catalyzing discussions with over 20 potential partners. "Our presence at SBC Summit Lisbon 2024 has been nothing short of extraordinary," said Damjan St
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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
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.
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.
Shares of Skye Bioscience, Inc. (NASDAQ:SKYE) fell sharply during Monday's session after the company announced its SBI-100 Ophthalmic Emulsion Phase 2a trial did not achieve target product profile and has discontinued the program. Skye Bioscience shares tumbled 18.9% to $8.87 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Big Tree Cloud Holdings Limited (NASDAQ:DSY) shares jumped 123% to $4.3001 following the completion of the company’s business combination with Plutonian Acquisition Corp. and amid continued volatility following its Nasdaq debut last week. KWESST Micro Systems Inc. (NASDAQ:KWE) gained 79.8% to $0.7082 after the company was aw
Gainers Urban One (NASDAQ:UONE) stock increased by 16.1% to $2.46 during Monday's regular session. The company's market cap stands at $120.2 million. As per the press release, Q4 earnings came out today. Creative Realities (NASDAQ:CREX) shares rose 13.72% to $4.35. The market value of their outstanding shares is at $45.4 million. Leafly Holdings (NASDAQ:LFLY) shares increased by 13.26% to $2.94. The market value of their outstanding shares is at $7.2 million. Emerald Holding (NYSE:EEX) stock increased by 12.78% to $6.0. The company's market cap stands at $1.2 billion. Onfolio Holdings (NASDAQ:ONFO) stock rose 10.52% to $1.05. The market value of their outstanding shares is at $5.3 milli
Gainers AMC Enter Hldgs (NYSE:AMC) shares moved upwards by 10.5% to $5.74 during Monday's after-market session. The company's market cap stands at $1.6 billion. As per the news, the Q1 earnings report came out 3 days ago. Surgepays (NASDAQ:SURG) shares moved upwards by 7.95% to $4.07. The company's market cap stands at $78.4 million. As per the news, the Q1 earnings report came out today. BuzzFeed (NASDAQ:BZFD) shares moved upwards by 6.12% to $2.25. The market value of their outstanding shares is at $82.3 million. As per the news, the Q1 earnings report came out today. Eventbrite (NYSE:EB) stock moved upwards by 4.59% to $5.69. The market value of their outstanding shares is at $552.5 m
Golden Matrix Group (NASDAQ:GMGI) reported $11.84 million in sales this quarter. This is a 9.89 percent increase over sales of $10.78 million the same period last year.