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, 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.

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.

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