Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Tie-up

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
299
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 industry is expected to be grow to an annual value of $81.08 billion in 2022, a remarkable rise of 10.4 percent relative to 2021, with the industry expected to balloon to $115.13 billion in 2026 – representing a CAGR of 9.2 percent (https://nnw.fm/f0ez1). Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content has been a key beneficiary of the trend, providing gaming platforms with access to upwards of 10,000 games through its recently released gaming system, GMX-Ag.

Golden Matrix Group recently announced that the company had entered a partnership with online video-slot game provider, Endorphina (https://nnw.fm/QbZfs ). (https://ibn.fm/Or6CL ). The partnership will see Endorphina, which currently boast a portfolio over 100 games alongside partnerships with over 1,700 providers, amalgamate their gaming portfolio with Golden Matrix’s existing product offering. Crucially, the combination will see Golden Matrix significantly augment their online slots offering, with a recent survey revealing that online slots was the preferred game of choice for 17 percent of all gamblers (https://nnw.fm/ckLWU ).

Rashad Karimov, Sales manager at Endorphina commented on the tie-up, “We are proud to announce our newly established partnership with Golden Matrix Group. We at Endorphina are always glad to have new opportunities and to be able to present our entertaining portfolio to more players.

“We also believe that this partnership with GMGI will create this opportunity for us. It is a pleasure for me to work with such a professional team,” he continued (https://nnw.fm/btR45 ).

Anthony Goodman, Golden Matrix Group CEO, added: “With years of experience in the industry, GMGI always provides top quality service for the clients. It also includes products we are offering; Therefore we are happy to enter a partnership with such an experienced slot provider company with an expert team behind it. We are looking forward to having a long-term, entertaining and enjoyable partnership with Endorphina.”

Simultaneously, the gaming combination will see Golden Matrix Group further expand their global footprint – through Endorphina’s recent entry into the Czech Republic’s regulated gaming market. Golden Matrix have previously revealed their geographical ambitions, with the company currently applying for a Mexican gaming permit which would allow them to attract new users and offer online gaming within the nation.

Golden Matrix Group separately seized on the opportunity to disclose that the company had launched an upgraded ‘Tournament Platform’ for RKingsCompetitions’ players in Ireland and the United Kingdom, with the objective of increasing the monthly number of skill tournaments and participants, thus generating even stronger revenue and profit from the company’s prize competition. With RKings’ competitions attracting upwards of 90,000 new players per quarter, the move looks to further momentum – and bolster the gaming universe – for Golden Matrix Group’s burgeoning B2C business.

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

Havoc, CSBC Partner for Autonomous Maritime Future

Updated Category News Views 7

A Strategic Move Across the Pacific Well, folks, in an era where the seas aren't just blue but powered by tech-backed autonomy, here's a new chapter—the kind that doesn't just hint at innovation, it screams it. Havoc, that crafty leader in all things autonomous, inked a game-changing deal with Taiwan's shipbuilding behemoth, CSBC Corporation. They're not just building...

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
OneAscent Welcomes Monica Stoudemire as New CCO

Updated Category News Views 5

New Leadership in Compliance Diving straight into the tumultuous sea of securities compliance, OneAscent's got a fresh captain at the helm. Monica Stoudemire's stepped into the Chief Compliance Officer's shoes with a track record that'd make any investor breathe a sigh of relief. After all, blending two decades of on-the-ground experience with regulatory acumen ain't...

Continue Reading
Seismic Pharma Kicks Off Phase 3 Trial for Istaroxime

Updated Category News Views 4

Seismic Sets the Stage for a Medical Milestone From the heart of biotech in Durham, North Carolina, seismic waves ripple through the medical community as Seismic Pharmaceuticals embarks on a high-stakes adventure. It's official: they've enrolled their very first patient in the global Phase 3 trial of istaroxime, targeting the grim specter known as cardiogenic shock. You...

Continue Reading
Rare Collectibles Highlight Morphy's Auction on Oct 4

Updated Category News Views 2

Anticipation Builds for Morphy's Auction Event Morphy's upcoming event on October 4th is all about tapping into the era of revved engines, gleaming gasoline signs, and some history that could put Hollywood tales to shame. The auction isn't just a stroll down memory lane; it features over 650 lots, each a time capsule of America's automotive past. From Al Capone's ritzy...

Continue Reading
USFCR Wins 2026 Award for Federal Contracting Services

Updated Category News Views 7

Award-Winning Federal Contracting Strategies News from Clearwater, Florida: US Federal Contractor Registration (USFCR) just bagged the 2026 nod from Gov Business Review as the Federal Contracting Services of the Year. Now that's a feather in the cap worth talking about. This isn't some hallway compliment, folks. It's a signal that they've nailed how to get businesses...

Continue Reading
AbbVie's Bold Leap in Menstrual Migraine Treatment

Updated Category News Views 12

AbbVie's Game-Changing Atogepant Study When it comes to pushing boundaries in the pharmaceutical world, there's no sitting on the fence. AbbVie's Phase 3 LUNA study results are painting a bright picture for women who suffer from the relentless grip of menstrual migraines. In a world where not a single treatment option has been approved specifically for this condition,...

Continue Reading
Diaper Affordability: A Hidden Crisis, Taxpayer Burden

Updated Category News Views 8

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
XKL Delivers MediaLight for High-Speed Optical Transport

Updated Category News Views 5

Unpacking the MediaLight Launch Kicking off September, XKL is tossing its hat in the ring with the MediaLight Xponder and Muxponder systems. These aren't just any run-of-the-mill gizmos—nope, they're touted as top-of-the-line optical transport solutions. The talk of the town is their ability to dish out high-density 100G and 400G transport, and for geeks in the trade,...

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

Updated Category News Views 5

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

Australian Oilseeds Holdings Experiences Massive Stock Surge

Updated Category News Views 269

Remarkable Surge of Australian Oilseeds Holdings Shares of Australian Oilseeds Holdings Ltd. (NASDAQ: COOT) experienced an astonishing increase, rising 248.19% in after-hours trading. Following this surge, the stock closed at an impressive $3.36, marking a significant shift in investor interest. Political Factors Influencing Market Movements Recently, political activities...

Continue Reading
EIB Submits Amendment on Semi-Annual Financial Statements

Updated Category News Views 130

EIB Submits SEC Form 18-K/A Amendment No. 4 On a recent date, the European Investment Bank (EIB) took a significant step by submitting SEC Form 18-K/A Amendment No. 4. This submission provides important updates regarding the bank's financial status and operations for the first half of the year. Understanding the Importance of This Submission This amendment is particularly...

Continue Reading
Unlocking Hidden Value: The Urgent Need for Contract Ownership

Updated Category News Views 106

Understanding the Impact of Unmanaged Contracts on Business Workday's recent research sheds light on a pressing issue affecting businesses today: unmanaged contracts. The study highlights that a staggering 76% of employees are unclear about who is responsible for contract ownership, leading to lost revenue and overlooked opportunities. Contracts serve a crucial role in...

Continue Reading
Investor Insights: PubMatic Faces Potential Legal Challenges

Updated Category News Views 145

Understanding the Legal Landscape for PubMatic, Inc. Recently, there has been considerable attention on PubMatic, Inc. This attention arises from a legal investigation by prominent law firm Pomerantz LLP aimed at examining claims on behalf of investors of the company. The Investigation Details Pomerantz LLP has taken a proactive stance in uncovering whether PubMatic and...

Continue Reading
AppFolio Achieves Growth: Analysts Reaffirm $300 Target

Updated Category News Views 47

DA Davidson Affirms $300 Price Target for AppFolio Recently, DA Davidson reaffirmed its Buy rating for AppFolio (NASDAQ: APPF) and maintained a price target of $300. As a leading provider of cloud-based software solutions, AppFolio is recognized for its strategic growth initiatives. The firm highlighted the company's momentum ahead of its third-quarter earnings report and...

Continue Reading