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, Dec. 20, 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, today announced that it has resumed its existing stock repurchase program.

Golden Matrix Group Resumes Stock Repurchase Program

LAS VEGAS, Dec. 19, 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, today announced that management will participate in the 2025 ICR Conference on January 13-15, 2025 at the Grande Lakes Resort in Orlando, FL.

Golden Matrix Group to Participate in the 2025 ICR Conference

LAS VEGAS, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) (“Golden Matrix” or the “Company”), a global developer, licensor, and operator of online gaming platforms, today announced Expanse Studios, a rising leader in the iGaming sector and part of the Golden Matrix Group, is thrilled to announce the commencement of the filing process for its B2B Gaming License registration in Ontario, Canada. This pivotal step marks a significant advancement in the Company's global expansion strategy as the company prepares to enter one of North America's most dynamic and regulated iGaming markets.

Golden Matrix Group Inc. Files for Ontario Gaming License

Sliema, Malta--(Newsfile Corp. - December 13, 2024) - Golden Matrix Group, Inc. (NASDAQ: GMGI), the parent company of renowned brands such as Meridianbet, has seen significant contributions from its sweepstakes business segments as well - RKings Competitions and Classics for a Cause. These two brands have emerged as strong performers within the company's portfolio, blending entertainment with broader impact and adding notable value to its overall operations.

A Closer Look Into Golden Matrix Group's (GMGI) Sweepstakes Business Segments: Adding to Meridianbet's Success

LAS VEGAS, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group, Inc. (NASDAQ: GMGI) (“GMGI,” “Golden Matrix,” or the “Company”), a developer, licensor, and global operator of online gaming and eCommerce platforms, systems and gaming content, today issued a corporate update from CEO Brian Goodman highlighting the Company's recent performance, strategic priorities and financial positioning.

Golden Matrix Group Issues CEO Update on Strategic Progress and Key Developments

Sliema, Malta--(Newsfile Corp. - November 29, 2024) - High insider ownership is often seen as a double-edged sword, but it also reflects strong leadership commitment. Following the acquisition of Meridianbet, 85% of shares in Golden Matrix Group (NASDAQ: GMGI) are held by insiders—a clear indication of alignment between leadership and shareholder interests.

Golden Matrix Group (GMGI) Balances 85% Insider Ownership with Growing Institutional Backing Following Meridianbet Acquisition

Sliema, Malta--(Newsfile Corp. - November 21, 2024) - 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. To view the full announcement, including downloadable images, bios, and more, click here.

Meridianbet (GMGI) and Crvena Zvezda Seal Euroleague's First Logo Integration Deal

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.

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