NetworkNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Rolling out Expansion Strategy to Capitalize on ‘Compelling Opportunities’
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, owns an extensive portfolio of proprietary technology that has made it a leader in B2B solutions. This is evidenced by the company’s record-breaking revenues and non-stop profitable quarters. “Backed by its stellar financial track record, GMGI is moving into the B2C social gaming sector. The company recently purchased an 80% stake in U.K.-based RKingsCompetitions Ltd. in December 2021, with the rights to acquire the remaining 20%. RKings is a prize competition business based in Ireland and the United Kingdom that offers paid and free entrance routes for customers to win a range of consumer products from automobiles to luxury vacations,” a recent article reads. “GMGI’s permit application for Mexico was recently approved, and others are expected to follow as the company continues to roll out its expansion strategy. ‘This is a logical move for the company, as it opens up compelling opportunities in the Latin America (‘LATAM’) B2C market; and it begins the expansion of the RKings tournament platform to our first region outside of the U.K. and Ireland,’ said GMGI CEO Brian Goodman.”
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Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, owns an extensive portfolio of proprietary technology that has made it a leader in B2B solutions. This is evidenced by the company’s record-breaking revenues and non-stop profitable quarters. “Backed by its stellar financial track record, GMGI is moving into the B2C social gaming sector. The company recently purchased an 80% stake in U.K.-based RKingsCompetitions Ltd. in December 2021, with the rights to acquire the remaining 20%. RKings is a prize competition business based in Ireland and the United Kingdom that offers paid and free entrance routes for customers to win a range of consumer products from automobiles to luxury vacations,” a recent article reads. “GMGI’s permit application for Mexico was recently approved, and others are expected to follow as the company continues to roll out its expansion strategy. ‘This is a logical move for the company, as it opens up compelling opportunities in the Latin America (‘LATAM’) B2C market; and it begins the expansion of the RKings tournament platform to our first region outside of the U.K. and Ireland,’ said GMGI CEO Brian Goodman.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
