- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Golden Matrix Group’s Stock Is Now Live on the Nasdaq Capital Market
Golden Matrix Group, a leading provider of turnkey and white label gaming platforms, esports technology, and gaming content, has begun trading on the US Nasdaq Capital Market. As of yesterday, March 17, the company’s common stock has been available for purchase.
Golden Matrix Goes Live on the Nasdaq
This news comes in the wake of Golden Matrix’s announcement last week, which confirmed it was approved for Nasdaq trading. The company’s shares are now live on the Nasdaq market under the tag GMGI.
According to Brian Goodman, the chief executive officer of Golden Matrix, this move was crucial to the provider’s strategy for growth. He asserted that this will become a stepping stone towards the global expansion envisioned by the company.
To justify his claim, Goodman emphasized the importance of uplisting to Golden Matrix’s visibility. He pointed out that this will help the supplier broaden its base of both retail and institutional stakeholders and subsequently improve the company’s long-term shareholder value.
Goodman added that Golden Matrix Group’s Nasdaq listing will make it possible to execute the company’s M&A plans. He looks forward to growing the supplier’s revenues and keep expanding the business.
The Company’s Growth Came Thanks to Its Clever Strategy
Golden Matrix Group has been enjoying steady growth. In early March, the provider posted its Q1 quarterly revenue for the period between November 2021 and January 2022, demonstrating a tremendous year-on-year increase in profits. Golden Matrix had earned $8.6 million within that time frame, which represents a 345% increase compared to the same period from the previous fiscal year.
The acquisition of the British brand RKings in November 2021 is regarded as the biggest contributor to the supplier’s impressive revenue growth.
Furthermore, the last few years have seen Golden Matrix busy signing numerous strategic partnership deals with various companies within the iGaming industry. Two years ago, the company reaffirmed its commitment to the esports betting sector by inking a key esports distribution partnership with the acclaimed gambling technology company Playtech.
The agreement allowed the latter company to distribute Golden Matrix’s suite of esports peer-to-peer games. The two parties shared the same vision and worked together on expanding their respective businesses across the globe.
Last year, Golden Matrix joined forces with the iGaming technology company Amelco. The deal saw Amelco power Golden Matrix’s unprecedented custom-built online sportsbook which launched in India right on time for the Indian Premier League cricket season.
Yasmin is an accomplished iGaming and gaming journalist with over 10 years of experience writing for various publications. Her expertise spans the entire iGaming sector, traditional sports, and online poker. Yasmin's comprehensive knowledge of online gaming adds significant depth to our coverage, making her an invaluable asset to our team.
Must Read
Casino
September 12, 2025
Las Vegas Police Launch Drones Off Rooftops in Sin City
Casino
September 12, 2025
Konami Casino Slots to Enter Brazilian Market with Kaizen Gaming’s Betano
Casino
September 12, 2025
Red Rock Is Planning Future Developments, with Details Forthcoming
More Articles
Casino
September 18, 2025
Italy to Launch Ambitious Anti-Gambling Firewall
Casino
September 18, 2025
Romanian Regulator Shutters Two Illegal Sites
Casino
September 18, 2025
Wynn UAE Casino to Feature Crypto Payments & More
Casino
September 18, 2025
Poker Palace in North Las Vegas to Open Its Doors Again in 2026
Casino
September 18, 2025
Gang Who Posed as Detectives Locked Up for Recovery Scam
Casino
September 18, 2025
Times Square Casino Plan Falls Through Due to Broadway Opposition
Casino
September 18, 2025
Ex-Gregg Township Official Jailed for $533K Gambling Embezzlement
Casino
September 17, 2025
Denmark Takes Harder Look at Gambling Regulation as 500K People Need Help
Lottery
September 17, 2025
California State Lottery Produces Four New Millionaires This Month
Casino
September 17, 2025
Melco Plans Private Hospital at Macau’s Studio City
Casino
September 17, 2025
Las Vegas Starts Big Sales Push to Fight Tourism Slump