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.

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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.

LAS VEGAS, NV, Dec. 12, 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 that it has entered into an Exclusive Distribution agreement with Elray Resources Inc. wherein it will have the exclusive rights to supply all gaming content to Elray Resources' clients. Elray Resources, trading as Elray Gaming , will launch its B2B Online Crypto Casino systems and technology together with content provided by Golden Matrix that will be utilized by Crypto Casino gaming operators.

Golden Matrix Enters Into an Exclusive Distribution Agreement With Elray Resources Inc.

LAS VEGAS, NV, Nov. 17, 2022 (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 its preliminary revenues for the fiscal year ending October 31, 2022, resulting in expected record revenues of more than $34 million for the fiscal year ended October 31, 2022. This represents an estimated 201% improvement on revenues of $11.3 million in the comparable twelve-month period ending October 31, 2021.

Golden Matrix Announces Greater Than $34 Million Preliminary Fiscal 2022 Annual Revenues Estimate

This press release corrects, replaces and entirely supersedes a prior version published on November 4, 2022 LAS VEGAS, NV / ACCESSWIRE / November 9, 2022 / Golden Matrix Group Inc. (NASDAQ:GMGI)("GMGI", "Golden Matrix" or the "Company"), a developer and licensor of online gaming platforms, systems and gaming content, today announced it had exercised its Buyout Right to acquire the remaining 20% interest in RKings Competitions, Ltd. ("RKings") in consideration for a total of 165,444 restricted shares of GMGI's common stock payable to the two minority owners of RKings.

Correction and Update: Golden Matrix Exercises Option to Acquire Remaining Interest in RKings Competitions

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.

Golden Matrix Acquires Remaining Interest in RKings Competitions

LAS VEGAS, NV, Oct. 24, 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 will launch a licensed proprietary B2C online casino in Mexico on November 1, 2022.

Golden Matrix to Launch Online Casino in Mexico on November 1st

LAS VEGAS, NV, Sept. 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI) (“GMGI” or the “Company”), a developer and licensor of online gaming platforms, systems and gaming content, today reported financial results for its third fiscal quarter ended July 31, 2022.

Golden Matrix Reports Third Quarter Financial Results With Record Revenues of $9.1 Million and 16th Consecutive Quarter of Profitability

LAS VEGAS, NV, Aug. 03, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI), a developer and licensor of gaming platforms, systems and gaming content, today announced it recorded record revenues exceeding $9 million in the third fiscal quarter ended July 31, 2022. This represents an estimated 177% improvement on revenues of $3.25 million in the comparable year-ago quarter.

Golden Matrix Records Record Third Quarter Revenues Exceeding $9 Million

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.

Golden Matrix Reports 2nd Quarter Financial Results with Revenues of $8,482,743 and 15th Consecutive Quarter of Profitability

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) -- NetworkNewsAudio – Golden Matrix Group Inc. (NASDAQ: GMGI) announces the availability of a broadcast titled, “Online Gaming — A Sure Bet.”

Golden Matrix Group Inc. (NASDAQ: GMGI) Capitalizing on Surging Demand in Online Gaming

LOS ANGELES, May 04, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Golden Matrix Group Inc. (NASDAQ: GMGI), an established gaming technology company that develops and owns online gaming IP and builds turnkey online casino solutions for gaming operators, today announces it has selected the corporate communications expertise of IBN, a multifaceted financial news and publishing company for private and public entities.

IBN (InvestorBrandNetwork) Coverage Initiated for Golden Matrix Group Inc.

Golden Matrix Advances Global Market Presence with Rollout of Aggregate Gaming System

LAS VEGAS, NV, March 17, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire - 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 The Nasdaq Stock Market LLC has approved the listing of the Company's common stock on the Nasdaq Capital Market (“Nasdaq”), which is expected to begin trading under the Company's current trading symbol “GMGI”, at the open of market on Thursday, March 17, 2022.

Golden Matrix Begins Trading Today on The Nasdaq Capital Market

LAS VEGAS, NV, March 16, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire -- Golden Matrix Group Inc. (OTCQX:GMGI), a developer and licensor of online gaming platforms, systems, gaming content and pay to enter prize tournaments, today announced that its common shares have been approved for listing on The Nasdaq Stock Market. Common shares will begin trading on Thursday, March 17th under the company's current ticker symbol – GMGI.

Golden Matrix Announces Uplisting to The Nasdaq Stock Market

LAS VEGAS, NV, March 08, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (OTCQX:GMGI)(the “Company” or “GMGI”), a developer and licensor of online gaming platforms, systems and gaming content, today reported that it had achieved record revenues of $8,877,105** in its first fiscal quarter ended January 31, 2022.

Golden Matrix Reports First Quarter Financial Results with Record Revenues of $8.88 Million and 14th Consecutive Quarter of Profitability

LAS VEGAS, NV, March 04, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group, Inc. (OTCQX: GMGI), a developer and licenser of gaming platforms, systems and gaming content, today announced it has applied for a Mexican gaming license and, once approved, expects to offer igaming in Mexico, and launch the RKings tournament platform.

Golden Matrix Applies for Mexican Gaming License

LAS VEGAS, NV, Feb. 22, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group, Inc. (OTCQX: GMGI)(“GMGI” or the “Company”), a developer and licenser of gaming platforms, systems and gaming content, today announced it expects to achieve a record quarterly revenues of approximately $7.7 million in the first fiscal quarter ended January 31, 2022.

Golden Matrix Reports First Quarter Revenues of Approximately $7.7 Million

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.

Golden Matrix Reports Record Revenues In Excess Of $9.3M, Go-Forward Trajectory

LAS VEGAS, Dec. 03, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Golden Matrix Group, Inc. (OTCQX: GMGI) (the “Company” or “GMGI”), a developer and licenser of social gaming platforms, systems and gaming content, today announced it has entered into a purchase agreement to acquire an 80 percent controlling ownership interest in UK-based RKingsCompetitions Ltd. (http://www.rkingscompetitions.com/ “RKings”), one of Ireland's and the United Kingdom's leading independent online competition companies. RKings is a well-established business-to-consumer (B2C) skilled tournament company.

Golden Matrix Enters Into Agreement to Acquire 80 Percent Controlling Interest in Business-To-Consumer Competitions Company RKings

LAS VEGAS, NV / ACCESSWIRE / October 27, 2021 / Golden Matrix Group Inc. (OCTQX:GMGI) (the "Company"), a developer and licensor of online gaming platforms, systems and gaming content, today announced the closing of its previously announced registered direct offering with certain institutional investors, pursuant to which the Company sold approximately $3.5 million worth of its common stock and warrants. Under the terms of the securities purchase agreement, the Company sold 496,429 shares of its common stock and warrants to purchase 496,429 shares of common stock.

Golden Matrix Group Inc. Announces Closing of $3.5 Million Registered Direct Offering

LAS VEGAS, NV / ACCESSWIRE / October 25, 2021 / Golden Matrix Group Inc. (OCTQX:GMGI) (the "Company"), a developer and licensor of online gaming platforms, systems and gaming content, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase approximately $3.5 million worth of its common stock and warrants in a registered direct offering. Under the terms of the securities purchase agreement, the Company has agreed to sell 496,429 shares of its common stock and warrants to purchase 496,429 shares of common stock.

Golden Matrix Group Inc. Announces Pricing of $3.5 Million Registered Direct Offering

OTC Markets Group Inc.

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.

OTC Markets Group Welcomes Golden Matrix Group, Inc. to OTCQX

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.

Golden Matrix Reports Twelfth Consecutive Profitable Quarter, Record Revenues for Fiscal Q2 Ended July 31, 2021

LAS VEGAS, Aug. 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Golden Matrix Group, Inc. (OTC: GMGI), a developer and licenser of online gaming platforms, systems and gaming content, today announced it had recorded over $3 million in revenue during its second fiscal quarter ended July 31, 2021. This represents a tripling -- or approximate 200% increase -- on the $1.05 million in total revenues generated in the comparable year-ago quarter.

Golden Matrix Triples Revenue to $3 Million in Fiscal Q2; Projects Continuing Growth From New Gaming System

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.

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, 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.

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

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