Golden Matrix Group Inc. GMGI Archives - Page 5 of 6

ThursdayJun 23, 2022 10:30 am

Golden Matrix Group Inc.’s (NASDAQ: GMGI) AI-Powered I-Gaming Systems Fuel Revenue Growth Despite Looming Recession

Online gambling growing despite recession fears, expected to reach $115.13 billion by 2026 at CAGR of 9.2% GMGI leads industry with modular, turnkey, and white label gaming platforms compatible with all major browsers, operating systems, devices GM-X gaming systems collect player data, leverage AI algorithms to enhance gaming experience, increase player retention, boost B2B client profitability Online gambling continues to grow globally and is expected to reach $81.08 billion in 2022 at a compound annual growth rate (“CAGR”) of 10.4% (https://ibn.fm/CqiDg). Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, leads the…

TuesdayJun 21, 2022 1:41 pm

QualityStocksNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Featured in Latest Episode of Bell2Bell Podcast

Golden Matrix Group (NASDAQ: GMGI), a gaming technology company, was featured in the Bell2Bell Podcast, a part of IBN’s (“InvestorBrandNetwork”) sustained effort to provide specialized content distribution via widespread syndication channels. GMGI’s CEO Brian Goodman joined the latest episode to discuss Golden Matrix’s business model, which includes both business-to-business (“B2B”) and business-to-consumer (“B2C”) operations. “Our core business is B2B. We build gaming systems and provide gaming content to licensed online gaming operators,” Goodman said. “We do this in a number of ways. We can either provide the modules – marketing modules, customer retention, customer acquisition – or we can provide…

FridayJun 17, 2022 2:12 pm

QualityStocksNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Eyes Accelerated Growth of B2C Businesses

Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, made its foray into the business-to-consumer (“B2C”) marketplace in December following the acquisition of an 80% stake in RKings Competitions Ltd. RKings is a United Kingdom-based company and leading operator of online skill-based competitions throughout the U.K. and Ireland. A recent article reads: “Less than six months into its ownership, Golden Matrix gave RKings a robust upgrade, launching the tournament platform with added features and functionality. Expectations are that the new platform will increase both the monthly number of skill tournaments and participants, thus…

FridayJun 17, 2022 9:45 am

Golden Matrix Group Inc. (NASDAQ: GMGI) Focused on Growing Out Their B2B and B2C Verticals

Golden Matrix Group, Inc has been a major beneficiary of the growth in online gaming as well as the ongoing regulation and legalization of online casinos and online sports betting Globally The Company has expanded its white-label B2B offering through the launch of the GM-X and GM-Ag turnkey solution, a complete software package designed to allow land-based operators to transition into providing online operations GMGI have separately sought to bolster their B2C offering, most recently through the acquisition of a controlling stake in UK-based RKingsCompetitions, a leading online competition company in the UK and Northern Ireland In addition to contributing…

WednesdayJun 15, 2022 9:00 am

Golden Matrix Group Inc. (NASDAQ: GMGI) Leverages AI-Powered Platform to Maximize Online Gaming Profits

iGaming customer acquisition costs rising, reducing operator profitability GMGI offers AI-powered iGaming software that provides partners with customer data that boosts monetization strategies, increases player retention System generates skill and game-preference data that enables operators to offer incentives that prolong activity and increase returns Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, leverages the power of AI to maximize profits for its growing B2B customer base. The company offers highly modular, configurable, turnkey, and white label gaming platforms that are compatible with all major browsers, operating systems, and devices. With a…

FridayJun 10, 2022 12:54 pm

QualityStocksNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Poised as Industry’s Most Extensive Gaming Portfolio Provider

Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, has sought to bridge the gap between gaming operators and studios through its GM-X and the launch of its B2B aggregate gaming system, GMX-Ag. “Golden Matrix’s GM-X system has long been established as the industry standard, granting gaming platforms with access to upwards of 10,000 games from a broad array of over 25 gaming studios via a singly gaming API – firmly cementing its position as the industry’s most extensive gaming portfolio provider. The company’s partners dominate the global online gaming market, with GMGI…

FridayJun 03, 2022 2:46 pm

QualityStocksNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Strong Q2 Financial Results

Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today announced financial results for its second fiscal quarter ended April 30, 2022. Among the highlights, the company reported Q2 revenues of $8,482,743, a 221% increase as compared to the same quarter last year. The company also noted 15 consecutive quarters of profitability. “We are pleased with the financial results of our second quarter as a company with both B2B and B2C verticals,” said Golden Matrix CEO Brian Goodman. “During the quarter we implemented upgraded technology and stronger accounting controls to improve cash…

FridayMay 27, 2022 3:03 pm

QualityStocksNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Eyeing Expansion, Scaling

Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, has historically focused on business-to-business (“B2B”) operations, providing gaming companies with the tools they need to improve profits and reduce churn, industry nomenclature for losing players. “Golden Matrix IP includes its flagship GM-X System and its recently released next-gen GM-Ag System that is regarded as the industry benchmark, delivering access to 10,000+ games from more than 25 providers,” a recent article reads. “Most of Golden Matrix’s business comes from the Asia Pacific, but management is looking to expand closer to home. In March, the…

ThursdayMay 26, 2022 11:15 am

Golden Matrix Group Inc. (NASDAQ: GMGI) Upgrades RKings Contest Platform, Looks to Keep Compounding Profits

In December, Golden Matrix Group entered the B2C gaming market with the acquisition of the majority of U.K.-based skilled gaming company RKingsCompetitions Ltd. This month, GMGI launched an upgraded version of the platform, which gives contestants the opportunity to win cars, electronics, tools, and more The combination of GMGI’s B2B operations and new mix of B2C is lending to a surge in revenue and profits, reaching $8.9 million and $349,379, respectively in Q1. Q2 represents first full quarter of RKings in the financials Gaming developer and licensor Golden Matrix Group (NASDAQ: GMGI) is a well-known and respected business-to-business (“B2B”) brand…

MondayMay 23, 2022 12:00 pm

Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Tie-up with Endorphina, Further Expands B2B Online Game Offering

Golden Matrix Group recently announced a tie-up with online slot-game provider, Endorphina The venture will see Golden Matrix Group amalgamate Endorphina’s 100 game portfolio on to their existing B2B gaming portfolio GMGI currently provide gaming platforms with access to upwards of 10,000 games drawn from over 25 gaming studios via their GMX-Ag system Golden Matrix Group separately announced that they were in the process of further expanding their UK-focused RKingsCompetitions’ offering, an online competition provider credited with providing GMGI with over 90,000 new gamers per quarter Online gambling is disrupting the gaming industry as we know it. The online gaming…

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