Golden Matrix Group Inc. (NASDAQ: GMGI) Seeks to Cement

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
240
Golden Matrix Group Inc. (NASDAQ: GMGI) Seeks to Cement Position as Online Gaming Industry’s Aggregator of Choice

- Golden Matrix Group have emerged as one of the online gaming industry’s most extensive gaming portfolio providers
- The company provides gaming platforms with access to over 10,000 games drawn from upwards of 25 gaming studios
- Golden Matrix have sought to further cement their position within the gaming industry through the recent launch of their next generation B2B GMX-Ag system
- Simultaneously, the company has looked to bolster its gaming portfolio, most recently through a tie-up with Spearhead Studios, which will see the later companies over 90 proprietary video games added to GMGI’s extensive product offering

According to games directory SlotCatalog, there are currently over 23,000 online casino games available today, produced by over 450 gaming studios. Tens of studios emerge each year, only to find success largely fleeting due to a limited product portfolio or name recognition. Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content have sought to bridge the gap between gaming operators and studios through 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 gaming partners dominate the global online gaming market, with GMGI currently supporting over 500 unique casino brands and over 6 million players (https://nnw.fm/AHb2w ). Now and through the launch of their next generation GMX-Ag platform, Golden Matrix are seeking to further establish their position as the industry’s online gaming aggregator of choice.

“The adoption of the GMX-Ag system is both strategic and timely,” said Golden Matrix CEO Brian Goodman (https://nnw.fm/y8kL5 ). “It expands our B2B offerings to operators in the Asia Pacific (‘APAC’) region, our traditional market, and at the same time opens new market opportunities for Golden Matrix outside of APAC. In addition to enhancing organic growth, we are focused on entering new international markets through the acquisition of B2B and B2C businesses with strong revenues and profitability. We expect our growth strategy to expand the GMGI brand and accelerate the company’s global market penetration.”

In addition to the launch of its new gaming aggregator system, Golden Matrix have looked to further broaden their product offering – completing its first major transaction in early December 2021, through the acquisition of an 80 percent controlling ownership interest in UK-based RKings Competitions Ltd., a well-established B2C competition business.

More recently, Golden Matrix Group announced that it would aggregate Spearhead Studios’ online casino video games within its product portfolio, through the formation of a ‘pivotal’ alliance with the gaming studio. The agreement will see Spearhead Studio’s portfolio of over 90 proprietary video games – with titles such as “John Daly: Spin It and Win It” and “Guide of Souls Remastered” accessible by way of Golden Matrix’s online casino providing (https://nnw.fm/leik3 ).

Mathis Larsson, Managing Director of Spearhead Studios commented in regard to the tie-up, “The partnership between Spearhead Studios and Golden Matrix is a pivotal level for each firm. We’re very completely satisfied to reside on the Golden Matrix aggregator platform. GMG’s intensive expertise within the trade makes them our most vital associate of their core markets.”

“We’re excited by this chance, and we’re assured that this partnership will strengthen our model and market share by means of the addition of Spearhead Studios’ common superior video games”, Brian Goodman, CEO of Golden Matrix Group stated following the consummation of the deal. “The addition of Spearhead Studios’ video games will improve our on-line gaming portfolio and guarantee continued income development and success.”

For more information, visit the company’s website at www.GoldenMatrix.com.

NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://nnw.fm/GMGI

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

Golden Matrix Group Inc (GMGI) Stock Research Links

GMGI Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Flex Dental Solutions Adds BNPL, Surcharging to FlexPayments

Updated Category News Views 5

Diving into Dental Finances: A New Moneymaker? It's about time someone shook up the dental payment scene, and Flex Dental Solutions seems to be the one doing it. They rolled out some intriguing new features for their FlexPayments platform aimed squarely at dental practices using Open Dental. What we're seeing here is their attempt to bridge a couple of financial headaches...

Continue Reading
AI Trust in Finance: Survey Reveals Market Impact

Updated Category News Views 3

Trust in AI for Financial Guidance: Where Are We Headed? The market winds shift with every sunrise, and today’s buzzword? Artificial Intelligence. You’d almost think AI’s trying to steal my job along with every other trader’s mojo. But here's the twist—A survey from Possible Finance shows about 15% of folks would actually lean on AI for their financial advice....

Continue Reading
Moore Law Investigates Aardvark Therapeutics' Risks

Updated Category News Views 2

Moore Law Launches Probe Into Aardvark Therapeutics Nobody likes stumbling across bad news over their morning coffee, but sometimes the market loves to keep you on your toes. Now it's Aardvark Therapeutics (NASDAQ: AARD) in the headlines, and not how they'd like. This time, Moore Law PLLC is rolling up its sleeves to dig into potential misconduct by the company's top...

Continue Reading
Diaper Affordability: A Hidden Crisis, Taxpayer Burden

Updated Category News Views 6

A Silent Crisis Lurking in Diapers Diapers. We don’t think about them much until we need them, but nearly half of U.S. families are painfully aware of their cost. According to a report from the NDBN Diaper Check 2026, many struggle to meet this basic necessity. This isn't just about keeping babies clean—it's a public health issue with economic ripples Congress can't...

Continue Reading
K-9 Hero Act Aims to Ease Costs for Retired Dogs' Care

Updated Category News Views 7

Let's Talk About the Loyalty that Dogs Deserve Who would've thought we'd be chatting about our four-legged heroes in a federal setting? But here we are, giving well-deserved attention to those furry federal agents. They're the ones who sniff out bombs and tackle crooks, and they're not asking for a retirement plan with a yacht – just some vet care! What the K-9 Hero Act...

Continue Reading
Albertsons Welcomes Once Upon a Coconut Nationwide

Updated Category News Views 4

Coconut Water Takes Over Grocery Aisles You know, for all the cautious optimism I wield, this here is a move that shows real muscle in the world of coconut water—I mean, slamming into Albertsons' grocery empire is no small potatoes! Once Upon a Coconut has landed its premium hydration cans across all the banners under this giant retailer. From that good ol' familiar...

Continue Reading
Cannabis Industry Pushes for Robust Financial Services

Updated Category News Views 4

Industry Gears Up for Financial Action Clearly, cannabis businesses are shouting louder than a vendor at a ballgame, demanding more than just the basic chips-and-soda banking service. They’re on the hunt for serious credit facilities, payments, and the traditional financial tools that most sectors take for granted. I mean, check this out: Shield Compliance just dropped...

Continue Reading
Atli Launches: AI-Powered eSIM Revolutionizes Travel

Updated Category News Views 5

What's New in Travel Tech: Atli's Debut Wandering the globe might sound romantic until you realize your phone's a paperweight without the right data. Enter Atli, a shiny new AI-powered travel eSIM service, snugged right into your WhatsApp. This marvel comes from the folks at XForge Mobile and aims to obliterate the hassle of getting connected abroad. You know those...

Continue Reading
Crystal Risotti: Leading IT Compliance in Healthcare

Updated Category News Views 3

A Journey Marked by Dedication and Expertise In the demanding world of healthcare technology, where regulations can make or break a company, Crystal Risotti has carved out a space for herself as a leader. Over the last 30 years, she's developed a reputation for blending regulatory expertise with practical business strategies. Her recognition as a Pinnacle Professional of...

Continue Reading
SES Sells to AFC Industries: A Strategic M&A Move

Updated Category News Views 3

Nashville's Notable Deal in Industrial Supply On a muggy September day in Nashville, XLCS Partners announced it was at the helm of a noteworthy transaction—the sale of Signature Engineered Solutions (SES) to AFC Industries. Now, this isn't just another corporate shuffle; it's a calculated move in the gritty world of fastening and engineered solutions. The Nitty-Gritty...

Continue Reading

Top 5 Most Recently Viewed Articles

Temporary Suspension of Trading Affecting Several Funds

Updated Category News Views 188

Temporary Suspension of Trading for Specific Funds Sparinvest has announced a temporary suspension of trading for several of its funds. This action is taken in light of challenges experienced in reporting the net asset values to Nasdaq Copenhagen due to unforeseen technical issues. As a responsible entity, Sparinvest is committed to maintaining transparency and ensuring...

Continue Reading
Compugen Announces Upcoming Participation in Healthcare Event

Updated Category News Views 65

Compugen to Join Prominent Healthcare Conference Compugen Ltd. (Nasdaq: CGEN), renowned for its innovative strategies in cancer immunotherapy and computational target discovery, is set to engage in a fireside chat during the forthcoming Stifel 2024 Healthcare Conference. This engaging discussion will take place on a day when industry leaders congregate to share insights...

Continue Reading
Matz Injury Law Unveils Reduced Fees Resulting in Major Savings

Updated Category News Views 125

Matz Injury Law's Innovative Fee Structure In a significant move that enhances client financial stability, Matz Injury Law has announced over $10 million in savings for its clients through a uniquely structured contingency fee model. The Southfield-based personal injury law firm, founded by Steve Matz in 1978, offers its clients a low contingency fee of 22%, a marked...

Continue Reading
IBM Links Arms with Abertis: Major Technology Deal

Updated Category News Views 6

Revolutionizing Mobility with a Tech Overhaul In a world where digital transformation isn't just a buzzword but a business imperative, IBM (NYSE: IBM) has strapped in for a new ride, joining forces with Abertis, an infrastructure heavyweight. These folks aren't just tapping on a few keyboards here—they're looking to give the entire mobility sector a facelift with a...

Continue Reading
Mercer Enhances Global Pension Services with Cardano Acquisition

Updated Category News Views 30

Mercer Completes Strategic Acquisition of Cardano In a significant move for the financial services sector, Mercer, a prominent business of Marsh McLennan (NYSE: MMC), successfully completed its acquisition of Cardano, a professional services firm known for its expertise in pension services and investment solutions. This acquisition marks a strategic enhancement for...

Continue Reading