Emerging iGaming Technology Trends Fuel Golden Matrix Group

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
395
Emerging iGaming Technology Trends Fuel Golden Matrix Group Inc.’s (NASDAQ: GMGI) B2B Growth Strategy

- Enhanced graphics, Gamification, AI-powered loyalty systems and data analytics redefining iGaming experience and generating higher player yields for online operators.
- GMGI sets industry standard, offers 10,000+ games across 25+ providers
- Company provides highly configurable, modular, white-label, turnkey gaming platforms compatible with all major operating systems, browsers, devices
- Company recently reported 221% Q2-2022 growth, 15 consecutive profitable quarters

Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, continues its steady growth trajectory by leveraging several emerging technology trends. In particular, the company is leveraging its go-to Loyalty platform that incorporates a Gamification component.

Gamification adds an extra layer of player engagement to a regular casino experience incorporating social game type concepts into gambling Environments.

When users earn rewards or loyalty points in their user account, they become more engaged. Not only does it bring a sense of self-fulfilment to obtain a new ranking or free giveaway, but it also triggers the players drive for competition and ongoing loyalty.

This is why adding loyalty points, leader boards, VIP status and rewards to an online casino works so well. As modern as online casinos may look, traditional slot machines do not offer the evolving experience that digital platforms do. Giving customers more of an interactive experience through screens is something the newer generation continually grows up with (https://nnw.fm/sDyEf ). Conventional casinos lack the advantage of self-marketing within an interphase, giving players a reason to achieve a “power up” or creation tools incentive to continue using the products in order to achieve more. This use of gamification resembles a lot in what you see in modern gaming, whether that may be through mobile or console gameplay (https://nnw.fm/FdBnn ).

Enhanced graphics, Gamification and AI-powered data analytics are fueling B2B and B2C growth in the fast-growing iGaming industry. Designed to appeal to users driven online due to COVID-19 restrictions, these technological enhancements promise to deliver an enhanced iGaming environment by simulating the actual real-world casino experience.

iGaming growth is expected to continue increasing as a result. According to Grandview Research, total industry value is projected to reach 153.6 billion by 2030 at a CAGR of 11.7% from 2022 to 2030 (https://nnw.fm/iyrSR ). Additionally, enhanced regulation is expected to attract more users as regulatory bodies issue licenses and impose fines on operators engaging in malpractice.

GMGI is completely on board with technological innovation, offering highly configurable, modular, white-label, and turnkey gaming platforms compatible with all major operating systems, browsers, and devices. With a portfolio exceeding 10,000+ games across 25+ providers, GMGI’s GM-X integration platform exceeds industry standards, offering its growing B2B client base more selection than nearly any other provider in the space. In addition, the company’s iGaming tech leverages AI to collect critical marketing data, including customer gaming style, time spent playing, and user preferences.

GMGI’s financial results testify to the success of its growth strategy. The company recently reported 15 consecutive profitable quarters, topped off with 221% growth in Q2-2022 (https://nnw.fm/MnUfd ). “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. “We expect this third quarter and future quarters to generate increasing revenues and profits.”

Golden Matrix Group is the leading provider of turnkey and white label gaming platforms, Esports technology, and gaming content. The company pioneers highly modular, configurable, and scalable AI-powered gaming platforms that work on all major operating systems and devices, offering partners a distinct competitive advantage in the iGaming industry.

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

Top 5 Most Recently Viewed Articles

Understanding Cisco Systems' Recent Options Movements

Updated Category News Views 166

Analyzing Unusual Options Activity of Cisco Systems In the realm of stock trading, unusual options activity can reveal significant insights about market sentiments. Recently, significant bearish movements have been detected surrounding Cisco Systems (NASDAQ: CSCO). Our comprehensive analysis showcases 15 notable trades that highlight this behavior. Breaking it down, our...

Continue Reading
RegScale Welcomes Roland Cloutier to Boost Strategic Growth

Updated Category News Views 96

RegScale Welcomes Roland Cloutier to Boost Strategic Growth Former TikTok and DoD Global Security Executive Will Help Accelerate RegScale's Footprint in the GRC Space RegScale, a prominent player in Governance, Risk, and Compliance (GRC), has exciting news. The company announces the addition of Roland Cloutier, a highly regarded technology and security expert, as their...

Continue Reading
Diebold Nixdorf Engages in Insightful Fireside Chat at Key Conference

Updated Category News Views 81

Diebold Nixdorf to Engage in Significant Fireside Chat Diebold Nixdorf (NYSE: DBD), a prominent player in the banking and retail technology arenas, has announced an exciting opportunity for stakeholders and industry observers alike. The company is set to participate in a fireside chat at an important conference hosted by Goldman Sachs, showcasing its ongoing commitment to...

Continue Reading
ZEEKR and AW Rostamani Group Lead with Sustainability at AUS

Updated Category News Views 127

Inspiring Change at the AUS Alumni Reunion Recently, ZEEKR, the premium electric mobility brand, and AW Rostamani Group (AWR), a pioneer in automotive advancements, collaborated to create a memorable night at the annual American University of Sharjah (AUS) Alumni Reunion. This prestigious event became a testament to both sustainability and innovation, with esteemed...

Continue Reading
Milestone Pharmaceuticals Leadership to Engage at Key Healthcare Event

Updated Category News Views 91

Milestone Pharmaceuticals' Upcoming Presentation Milestone Pharmaceuticals Inc. is gearing up for a significant event as President and CEO Joe Oliveto, alongside Chief Commercial Officer Lorenz Muller, prepare to engage in a fireside chat at a prestigious healthcare conference. This gathering is set for December 4, where industry experts and stakeholders will come...

Continue Reading