Golden Matrix Group Inc

Golden Matrix Group, Inc. provides turnkey and white label gaming platforms, Esports technology and gaming content. It develops and owns online gaming IP and builds configurable and scalable white-label B2B gaming platforms. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company was founded on June 4, 2008 and is headquartered in Las Vegas, NV.

Earnings data Q2 2022

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Earnings data Q3 2024

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Golden Matrix Group, Inc. engages in offering casino, sportsbook, and competition products. Its brands include R Kings Competitions, MexPlay, and GM-AG. It operates through the Business-to-business (B2B) and Business-to-consumer (B2C) segments. The B2B segment is involved in the charges of usage of its software and royalties charged on the use of third-party gaming content. The B2C segment focuses on the charges to enter prize competitions in the United Kingdom. The company was founded by Weiting Feng and Anthony Brian Goodman on June 4, 2008 and is headquartered in Las Vegas, NV.

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.

Meridianbet Redefines Sports Sponsorship with Europe's First Emblem Integration Deal with BC Crvena Zvezda

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.

Golden Matrix Group, Inc. (GMGI) Q3 2024 Earnings Call Transcript

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.

Meridianbet Foundation (GMGI) Marks Five Years of Successful Global Scholarship Program

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.

Meridianbet Launches AI-Powered "I'm Feeling Lucky" Online Casino Feature, Setting New iGaming Industry Standard

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.

Golden Matrix Raises The Stakes In Global IGaming

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.

Golden Matrix Group Subsidiary Meridianbet Launches Revolutionary AI-Powered Bet Recommender

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.

Meridianbet Launches Industry-Leading NBA Betting Offer with Over 2,000 Markets Per Game

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.

Golden Matrix Group to Present at the LD Micro Main Event XVII October 28th-30th 2024

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.

Golden Matrix Group Inc. Announces Additional Amendment to Earnout Structure of Share Purchase Agreement With Subsidiary Meridianbet

iGaming Innovator Reports Discussions With Over 20 Potential Partners, Showcases New Social Casino and Crash Game Offerings

Expanse Studios (GMGI) Ignites Industry Interest With Groundbreaking Games at SBC Summit Lisbon 2024

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.

Meridianbet CEO Shares Key Insights at Citi 2024 Global TMT Conference

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.

Golden Matrix Group Subsidiary Meridianbet Shortlisted for Exclusive Sports Betting and iGaming License in Brazil

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.

Golden Matrix Announces Participation in Benzinga All-Access Interview

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.

Golden Matrix Group, Inc. (GMGI) Q2 2024 Earnings Call Transcript

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.

Golden Matrix Group to Announce Second Quarter Financial Results on August 13th

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.

Meridianbet (GMGI) Becomes Title Sponsor of the Maltese FA Trophy

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.

Meridianbet (GMGI) Goes for Gold With Over 1 Million Betting Options for 2024 Paris Olympics

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.

Golden Matrix Group, Inc. Announces Authorization of Stock Repurchase Program

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.

Expanse Studios (GMGI) Joins Forces with Betika in Strategic African iGaming Expansion

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.

Meridianbet (GMGI) Transforms iGaming with Newly Launched Casino Bonus Wallet Product

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.

Golden Matrix Group (GMGI) Joins Russell 3000 Index

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.

Expanse Studios' (GMGI) Super Heli the Most Sought-After iGaming Release in Southeast Europe

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.

The GMGI Acquisition of Meridianbet Receives High Praise from IPO Edge

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.

Golden Matrix Announces Completion of Acquisition of the MeridianBet Group

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.

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