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, March 14, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI), developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today reported financial results for its first fiscal quarter ended January 31, 2024.

Golden Matrix Reports First Quarter Financial Results With Record Revenues of $11.84 Million

LAS VEGAS, NV, Feb. 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. NASDAQ:GMGI)(“GMGI” or the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, today announced Brian Goodman, CEO of Golden Matrix Group will be hosted by JRC Stock Talk, a leading platform for insightful investor discussions, pursuant to which Mr. Goodman will participate in an exclusive Q&A.

JRC Stock Talk Hosting Live Q&A on X (Formerly Twitter) Spaces With CEO of Golden Matrix Group, Inc., Today, February 20, 2024 at 4:30 PM EST

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MeridianBet Group to Golden Matrix Group, Inc. (“the Company”) (NasdaqCM: GMGI). KSF is seeking to determine whether the transaction and the process that led to it are adequate and fair to the Company's shareholders. If you would like to discuss your legal rights regarding the proposed sale, you may, without o.

GOLDEN MATRIX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Golden Matrix Group, Inc. - GMGI

Will Hold Special Meeting of Shareholders on March 19, 2024 to Vote on Approval of Acquisition of the MeridianBet Group

Golden Matrix Files Definitive Proxy Statement

LAS VEGAS, NV, Jan. 17, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(the “Company”, “Golden Matrix” or “GMGI”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today reported financial results for its fiscal year ended October 31, 2023, including:

Golden Matrix Reports Fiscal 2023 Financial Results With Record Revenues of $44.2 Million

VALETTA, Malta, Jan. 08, 2024 (GLOBE NEWSWIRE) -- The MeridianBet Group (Meridian), one of Southeast Europe's leading business-to-consumer (B2C) sports betting and gaming groups, operating in multiple markets across Europe, Africa and Latin America, today provided a review of the company's growth and progess in 2023, and an update on the pending acquisition of Meridian by Golden Matrix Group, Inc. (NASDAQ: GMGI). Meridian achieved about 25 percent revenue growth in 2023 - compared with revenue growth of 24 percent in the prior year, as well as increases in EBITDA and Net Profit of around 10% and 6%, respectively, compared with the prior year – as a result of significant new product offerings and continued expansion into regulated jurisdictions: Meridians's new and advanced proprietary gaming platform, Atlas, successfully rolled out in 40 percent of all territories; Meridian launched seven new advanced slot games that received nearly 100 positive casino reviews; WinGo, a new numbers game created by Meridian's Expanse Studios, generated ticket sales of about $2 million in November, a 55.4% increase on $1.28 million recorded in September; Meridian launched partnerships with 36 new media outlets and integrations with six new online casino platforms; Streamlined registration and deposit steps were implemented to improve user experience, engagement and satisfaction; As a founding member of the European Organization for Gaming Law (EOGL) based in EU capital Brussels, Meridian will be involved in legislative and regulatory discussions and play a key role in shaping industry standards EU and worldwide; Meridian is licensed and currently operating in 15 jurisdictions across Europe, Africa and South America.

Meridian Bet Provides Update on Corporate Progress and Pending Acquisition

LAS VEGAS, NV, Nov. 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(“GMGI” or the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, today announced that pursuant to preliminary revenue estimates, it achieved record revenues of more than $44 million for the Company's fiscal year ended October 31, 2023, which represents, an approximately 22% improvement on revenues of $36 million in fiscal 2022.

Golden Matrix Achieves Record Revenues Exceeding $44 Million in Fiscal 2023

LAS VEGAS, NV, Oct. 04, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group, Inc. (NASDAQ: GMGI)(“GMGI”, “Golden Matrix” and the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today provided a corporate update on its pending acquisition of MeridianBet Group, one of Southeast Europe's leading business-to-consumer (B2C) sports betting and gaming groups, with headquarters in Malta, operating in multiple markets across Europe, Africa and Latin America.

Golden Matrix Provides Corporate Update on Pending Acquisition

LAS VEGAS, NV, Sept. 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(the “Company”, “Golden Matrix” or “GMGI”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today reported financial results for its third fiscal quarter ended July 31, 2023.

Golden Matrix Reports Third Quarter Financial Results

LAS VEGAS, NV, Aug. 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced it had achieved record third quarter (ending July 31, 2023) revenues exceeding $11 million, with significant contributions from  RKings Tournament Competitions, the company's B2C segment operating in the United Kingdom.

Golden Matrix Achieves Record Third Quarter Revenues Exceeding $11 Million

LAS VEGAS, NV, July 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -  Golden Matrix Group Inc. (NASDAQ:GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced it expects third quarter (ending July 31, 2023) revenues to exceed $10 million, making it the third consecutive quarter for the company to achieve that milestone.

Golden Matrix Provides Corporate Update

LAS VEGAS, NV, June 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – 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, and MeridianBet Group, one of Southeast Europe's leading business-to-consumer (B2C) sports betting and gaming groups, with headquarters in Malta, operating in multiple markets across Europe, Africa and Latin America, today announced that the companies have entered into an Amended and Restated Purchase Agreement, to extend the required closing date and to modify additional terms of the previously announced definitive agreement, pursuant to which GMGI has agreed to acquire the MeridianBet Group and its related companies.

Golden Matrix and MeridianBet Sign Amended and Restated Purchase Agreement

LAS VEGAS, NV, June 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI), developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today reported financial results for its second fiscal quarter ended April 30, 2023.

Golden Matrix Reports Second Quarter Financial Results

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LAS VEGAS, NV, March 16, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group, Inc. (NASDAQ:GMGI)(the “Company”, “Golden Matrix” or “GMGI”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today reported its financial results for its fiscal quarter ended January 31, 2023.

Golden Matrix Reports First Quarter Financial Results With Record Revenues of $10.78 Million

NEW ORLEANS , March 9, 2023 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

GOLDEN MATRIX INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Golden Matrix Group, Inc. - GMGI

LAS VEGAS, NV, Feb. 23, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(“GMGI” or the “Company”), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, today announced that pursuant to preliminary revenue estimates, it achieved record revenues of more than $10.5 million for the Company's first fiscal quarter ended January 31, 2023. This represents an estimated 19% improvement on revenues of $8.88 million in the like year-ago period, and an estimated 10% improvement on revenues of $9.57 million in the previous quarter.

Golden Matrix Reports Record First Quarter Revenues Exceeding $10.5 Million

LAS VEGAS, NV, Jan. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)(the “Company”, “Golden Matrix” or “GMGI”), developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, today reported financial results for its fiscal year ended October 31, 2022.

Golden Matrix Reports Fiscal 2022 Financial Results With Record Revenues of $36 Million

NEW YORK , Jan. 18, 2023 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Golden Matrix Group, Inc. (NASDAQ: GMGI), relating to its proposed merger with MeridianBet Group. Click here for more information: https://www.monteverdelaw.com/case/golden-matrix-group-inc.

SHAREHOLDER ALERT: The M&A Class Action Firm Announces the Investigation of Golden Matrix Group, Inc. - GMGI

Wilmington, Delaware--(Newsfile Corp. - January 17, 2023) - Rigrodsky Law, P.A. is investigating Golden Matrix Group, Inc. ("Golden Matrix") (NASDAQ CM: GMGI) regarding possible breaches of fiduciary duties and other violations of law related to Golden Matrix's agreement to merge with MeridianBet Group.To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-golden-matrix-group-inc. To contact Seth D. Rigrodsky or Gina M. Serra cost free, call or text (302) 295-5310 or email info@rl-legal.com.Rigrodsky Law, P.A.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Golden Matrix Group, Inc. Merger

NEW YORK--( BUSINESS WIRE )--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Golden Matrix Group, Inc. (NASDAQ: GMGI) and MeridianBet Group is fair to Golden Matrix shareholders.

GMGI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Golden Matrix Group, Inc. Is Fair to Shareholders

LAS VEGAS, NV, Jan. 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group, Inc. (NASDAQ: GMGI)(“GMGI” or “Golden Matrix”), developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, and MeridianBet Group, Southeast Europe's leading business-to-consumer (B2C) sports betting and gaming group with headquarters in Malta, operating in multiple markets across Europe, Africa, and Latin America, today announced that GMGI has entered into a definitive acquisition agreement pursuant to which it has agreed to acquire MeridianBet Group and its related companies in a cash and stock transaction valued at approximately $300 million (the “Acquisition”).

Golden Matrix Signs Agreement to Acquire MeridianBet Group

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.

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