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Industry
August 22, 2024
Golden Matrix Acquires Controlling Interest in Online Discount Platform
Golden Matrix Group, Inc. is an online platform, content developer, and licensor for social gaming. The company has announced the acquisition of an 80% controlling interest in Classics for a Cause Pty Ltd., or CFAC, in a strategic expansion into the consumer loyalty and rewards industry, which should synergize with its existing portfolio. GMGI Hopes […]
Business
March 15, 2024
Golden Matrix Enjoys Strong First Fiscal Quarter Results
The leading global online gambling operator, developer, licensor and supplier of gaming content, systems and platforms, Golden Matrix Group, released its latest financial report, outlining details regarding its performance for the first fiscal quarter ended January 31, 2024. The latest report highlights another successful quarter for the company considering its reported increase in revenue and […]
Casino
September 8, 2023
Golden Matrix Takes $970K Loss in Stride in Q3 2023 Results
The company, which specializes in the development, licensure and operations of online gaming and e-commerce platforms, has offered an in-depth look at its performance. Although revenue over the period hit a record $11.3 million, the results were marred by the reported loss. Golden Matrix Not Worried about Temporary Slowdown Regardless, the company has been enjoying […]
Industry
July 3, 2023
Golden Matrix and MeridianBet Amend Acquisition Terms
Gaming technology and content supplier, Golden Matrix Group Inc. (GMGI), and MeridianBet Group announced an amendment to the definitive agreement reached at the beginning of the year. Less Cash, More Stock The Amended and Restated Purchase Agreement for the acquisition of MeridianBet Group and its related companies by GMGI extends the required closing date of […]
Business
January 30, 2023
Golden Matrix Posts Favorable FY 2022 Results
The company’s metrics improved across the board with revenues more than tripling. The executives believe that the provider is poised for future growth. Golden Matrix’s Revenues Went Through the Roof As outlined in Golden Matrix’s report, the company’s revenues for the year increased to $36 million, which represents a stellar 219% year-on-year increase from FY […]
Industry
January 12, 2023
Golden Matrix to Acquire MeridianBet Group for $300M
Developer of gaming technology and content Golden Matrix entered into a definitive agreement to acquire MeridianBet Group for a total consideration of $300 million payable in a combination of cash and stock. ‘Highly Scalable B2C Vertical in New Markets’ The acquisition of Malta-headquartered MeridianBet Group and its related companies will give Golden Matrix access to […]
Industry
November 17, 2022
Golden Matrix Issued a Preliminary FY22 Revenue Estimate
Developer of online gaming platforms, systems and gaming content Golden Matrix announced in a press release today its preliminary revenues for the fiscal year ending October 31, 2022. Record Revenues Expected Golden Matrix revealed that in the twelve months ending October 31, 2022, it has generated record revenues of more than $34 million. The expected […]
Casino
October 25, 2022
Golden Matrix to Launch Proprietary Online Casino in Mexico
Provider of gaming technology and content Golden Matrix announced it would launch a licensed proprietary online casino and sportsbook in Mexico next month. B2C to Grow Revenue and Profits Golden Matrix will launch its proprietary MEXPLAY online casino on November 1, 2022, to offer an extensive number of table games and slot titles to online […]
Business
April 8, 2021
Golden Matrix and Amelco Launch Online Sportsbook in India
Golden Matrix and Amelco announced the launch of a custom-build online sportsbook in India just as the IPL cricket is about to kick off. Undisclosed First iGaming Operator Golden Matrix Group announced Wednesday that it partnered with Amelco to launch its very first custom-built digital sportsbook platform with an existing undisclosed iGaming operator in a new market. Golden Matrix […]
Esports
November 21, 2020
Playtech Teams up with Golden Matrix for Esports Distribution
Looking to expand its esports and betting presence globally, Golden Matrix and Playtech entered into a key partnership. Golden Matrix CEO, Brian Goodman deemed the partnership as a “significant milestone” for the company. Playtech and Golden Matrix Enter into a Collaboration Agreement The leading gambling technology company Playtech plc and the gaming platform and content […]