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
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.
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LAS VEGAS, NV, Sept. 12, 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, is pleased to announce that pursuant to preliminary revenue estimates, its wholly owned subsidiary, Meridianbet, delivered record-breaking results for the month of August 2024, particularly in its B2C iGaming and sports betting operations. The exceptional performance reflects Meridianbet's continued global expansion and operational excellence across multiple jurisdictions. Key Highlights from August 2024: Online casino revenue: Meridianbet's online casino operations are exp
LAS VEGAS, NV, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ:GMGI) ("GMGI" or "the Company") is pleased to announce that Aleksandar Milovanović, the founder of wholly owned GMGI subsidiary, Meridianbet, has agreed to convert $2,000,000 of debt owed to him from the Company's recent acquisition of Meridianbet into equity in the Company. The debt, previously held by Mr. Milovanović in the form of a convertible note totalling $2,805,671, will now be reduced to $805,671 as part of this agreement. This strategic decision highlights Milovanović's confidence in Golden Matrix Group's performance and his commitment to ensuring the Company continues its significant growt
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. Milosevic discussed Meridianbet's strategic growth, highlighting the company's balanced approach to B2B and B2C operations, as well as its plans for expansion into key emerging markets, including Brazil and South Africa. The panel featured world's most prominent corporate entities of the entertainment industry. During his talk, Milosevic emphasized how Meridianbet's proprietary technology, combined with Golden Ma
LAS VEGAS, NV, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group (NASDAQ:GMGI) today announced the launch of Version 2.0 of its AI-powered casino game recommender, developed by its subsidiary, Meridianbet. This update specifically targets the iGaming segment, enhancing personalization and tracking capabilities to improve user engagement, retention, and revenue performance. Precision Personalization for Improved User Targeting The V2 recommender now processes an expanded dataset, including player behaviors and demographics, delivering more precise game recommendations that resonate with individual preferences, offering advanced AI-driven insights: Proven Impact on Key Revenue Metri
LAS VEGAS, NV, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group (NASDAQ:GMGI) ("GMGI" or the "Company"), a leading international developer and licensor of online gaming platforms, systems and gaming content, today announced that the Company is progressing in its efforts to expand its market presence, particularly with its anticipated entry into the U.S. iGaming market. The Company, through its subsidiary Expanse Studios, which specializes in the production and distribution of iGaming content, is currently in the process of applying for the New Jersey Casino Service Industry Enterprise license. GMGI has initiated discussions with several licensed gaming operators in New Jersey. Onc
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. The application, filed under request number 56.195.600/0001-07, positions Meridianbet among a select group of global operators who will be part of one of the most anticipated market launches in the global sports betting and iGaming industry. The window for prioritized license applications in Brazil closed on August 20, 2024, with a total of 113 operators submitting their a
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, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group, Inc. (NASDAQ:GMGI) ("GMGI" or the "Company"), a developer and licensor of online gaming platforms, systems and gaming content, today announced that it has entered into a definitive agreement to acquire an indirect 80% controlling interest in Classics for a Cause Pty Ltd ("CFAC"), a leading independent online discount platform in Australia. This strategic acquisition marks GMGI's entry into the consumer loyalty and rewards industry, complementing its existing operations in the gaming and sports betting sectors and solidifying its position as a premier tournament operator. Moreover, it provides a significant opportunit
LAS VEGAS, NV, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group, Inc. (NASDAQ:GMGI)("Golden Matrix", "GMGI" or the "Company"), a developer and licensor of online gaming platforms, systems, and gaming content, is pleased to announce its financial results for the second quarter of 2024 and year to date, demonstrating robust growth and continued operational success. The full visual presentation and the earnings call can be accessed on the Golden Matrix Group website at goldenmatrix.com/events-presentations/ Second quarter consolidated revenue grew 75% to $39.4 million, compared to the second quarter of 2023, a continuation of the strong trend shown in the last quarter whilst YTD re
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. An audio webcast of the earnings call and an accompanying highlights presentation reviewing the Company's financial results, recent events and company outlook will be available on August 13th in the "Events & Presentations" section of Golden Matrix Group's website at https://goldenmatrix.com/events-presentations/. About Golden Matrix Golden Matrix Group, based in Las Vegas NV, is
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