Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region and Europe. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers. The company also provides services and resells third party gaming content to licensed online gaming distributors. Its platform is accessed through desktop and mobile applications. The company was formerly known as Source Gold Corp. and changed its name to Golden Matrix Group, Inc. in April 2016. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada.
IPO Year:
Exchange: NASDAQ
Website: https://www.goldenmatrix.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/21/2025 | $4.00 | Buy | Maxim Group |
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Maxim Group initiated coverage of Golden Matrix Group with a rating of Buy and set a new price target of $4.00
8-K - Golden Matrix Group, Inc. (0001437925) (Filer)
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8-K - Golden Matrix Group, Inc. (0001437925) (Filer)
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8-K - Golden Matrix Group, Inc. (0001437925) (Filer)
8-K - Golden Matrix Group, Inc. (0001437925) (Filer)
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LAS VEGAS, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), has signed a strategic content distribution partnership with Brazino777, one of Brazil's largest online gaming operators, catapulting it into a market projected to generate over $2.6 billion in online gaming revenue by 2026, following the government's updated regulatory framework enacted in late 2024. Under the agreement, Expanse Studios' proprietary portfolio of online casino games—including slots, table games, crash games and instant-win formats—has been integrated into Brazino777's platform via a direct distribution model. The partnersh
LAS VEGAS and VALLETTA, Malta, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Meridianbet (the "Company"), a leading sports betting and gaming operator and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), today announced the Company has completed the acquisition of Fairbet Ltd., a licensed retail gaming operator in Malta holding MGA license B2C/195/2011. The transaction sees Meridianbet taking 100% ownership of Fairbet's operations across Malta and Gozo – the second-largest island of the archipelago – expanding Meridianbet's physical presence beyond its existing locations. As part of the transaction, Meridianbet will add nine new retail locations, bringing its footprint in the market to 20 total
LAS VEGAS, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), has launched Super Heli Premium, an expanded version of its flagship crash game now live across core markets. Super Heli Premium introduces four new gameplay mechanics designed to broaden player appeal and increase session engagement. The additions address operator demand for content that retains players without requiring promotional spend. New Game Modes Over/Under allows players to predict whether the crash multiplier will land above or below a set threshold, with maximum bet multipliers up to 24x. The mode rewards pattern recognition and adds a prediction layer to the
LAS VEGAS, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), will release Super Heli Premium later this month, an expanded version of its flagship crash game with new gameplay mechanics and enhanced operator customization. The original Super Heli became one of the most requested titles in European iGaming within months of launch. Session lengths consistently run above industry averages, and operators report retention metrics "materially better than category norms." The game's multi-bet mechanics created a tension loop that traditional slots struggle to match: players bet on a helicopter's ascent, deciding when to cash out before it
VALLETTA, Malta, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Expanse Studios, the B2B gaming content development division and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), today released its 2025 operational review, highlighting substantial year-over-year growth across key performance indicators. 2025 Operational Performance Summary Expanse Studios achieved significant operational scale expansion in 2025 compared to 2024: - Platform Performance: +484% year-over-year - Active Player Base: +282% year-over-year - Content Engagement Performance: +451% year-over-year These results reflect expanded operator distribution, enhanced content portfolio adoption, and increased platform utilization
VALLETTA, Malta and LAS VEGAS, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Globe Newswire – Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), has signed a content distribution agreement with Synot Interactive, a European gaming aggregator, to supply certified game content to Olybet across multiple licensed markets including Croatia, Estonia, Latvia and Lithuania. The partnership makes Expanse's certified game portfolio available to players at Olybet, part of Olympic Entertainment Group, which operates as one of Europe's leading sports entertainment and gaming brands with over 150 casino locations, 90 sports bars, and multiple online platforms
VALLETTA, Malta and LAS VEGAS, Dec. 26, 2025 (GLOBE NEWSWIRE) -- Meridianbet, the sports betting operator and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), announces the launch of Flash Bet, a proprietary instant sports simulation feature that enables players to simulate real sports event outcomes with results delivered in seconds. Flash Bet allows players to place bets on simulated outcomes of actual sporting events with adjustable simulation speeds and real-time animated results. Flash Bet differentiates from traditional virtual sports products by simulating outcomes of actual scheduled sporting events rather than generating entirely fictional matchups. This approach enables pl
LAS VEGAS, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Expanse Studios, the gaming content subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), announced it will launch its proprietary game portfolio in Belgium through a content distribution partnership with Golden Palace, a licensed Belgian online casino aggregator. The launch marks Expanse Studios' entry into the Belgian market, expanding the Company's European distribution footprint. Expanse Studios' game content will be available to Belgian players through Golden Palace's aggregation platform, which distributes content to licensed B+ operators in Belgium's regulated online casino market. Belgium's online casino market generated €455 million i
VALLETTA, Malta, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Meridianbet, the sports betting and gaming operator and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), announced it has secured a B+ online gaming license in Belgium (License B+ 4016), enabling the Company to offer online casino products in one of Europe's most regulated and mature gambling markets starting from January 2026. The B+ license authorizes Meridianbet to operate a comprehensive online casino platform offering slots, table games, and automated live games alongside its existing sports betting operations in Belgium, expanding beyond its seven-year sports betting presence in the Belgian market. The B+ license authorizes co
VALLETTA, Malta, Dec. 19, 2025 (GLOBE NEWSWIRE) -- Meridianbet, the sports betting and gaming operator and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), announced its title sponsorship of Fight Nation Championship (FNC 26), to be held on December 20, 2025, in Podgorica, Montenegro. The event features fighters with international combat sports experience competing in a regional promotion that serves as a talent pipeline for top-tier global MMA organizations. The global mixed martial arts (MMA) market is valued at $1.5 billion. Fight Nation Championship (FNC) operates as the leading MMA promotion in Europe, having hosted 43 events across the Balkans with over 272 professional matche
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4 - Golden Matrix Group, Inc. (0001437925) (Issuer)
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4 - Golden Matrix Group, Inc. (0001437925) (Issuer)
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4 - Golden Matrix Group, Inc. (0001437925) (Issuer)
4 - Golden Matrix Group, Inc. (0001437925) (Issuer)
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4 - Golden Matrix Group, Inc. (0001437925) (Issuer)
4 - Golden Matrix Group, Inc. (0001437925) (Issuer)
Live Leadership Updates
Golden Matrix Group Announces the Retirement of CEO Brian Goodman, Appointment of William Scott as CEO and Launch of Next Phase of Strategic Execution LAS VEGAS, NV - December 8, 2025, Golden Matrix Group Inc. (NASDAQ:GMGI) (the "Company" and "Golden Matrix"), a global provider of online gaming platforms, content, and technology, today announced a planned leadership transition that aligns with the Company's next phase of strategic execution and operational scale. Mr. Brian Goodman has agreed to step down as Chief Executive Officer and member of the Board of Directors of the Company effective December 12, 2025, unless an earlier date is agreed between Mr. Goodman and the Company. Mr. Willia
VALLETTA, Malta, June 13, 2025 (GLOBE NEWSWIRE) -- As Meridianbet prepares to join the global celebration of World Blood Donor Day on June 14, the company is once again turning corporate values into direct action. Across multiple countries and markets, Meridianbet and the Meridianbet Foundation are organizing and participating in voluntary blood donation drives, reaffirming a long-standing commitment to public health and community solidarity. Meridianbet Joins Global Effort to Tackle Blood Shortages, Turning Employee Action into Lifesaving Impact In 2025, the blood donation remains a very important, and unresolved issue. Globally, around 118.5 million units of blood a
LAS VEGAS, June 05, 2024 (GLOBE NEWSWIRE) -- Meridian Gaming Ltd announces that Golden Matrix Group Inc. (NASDAQ:GMGI) ("Golden Matrix" or the "Company"), a leading developer, licensor, and global operator of online gaming and eCommerce platforms, announces its inclusion in the prestigious Russell 3000 Index. This inclusion underscores the Company's established market presence and growth trajectory. Benefits of Russell 3000 Index Inclusion Being part of the Russell 3000 Index further increases Golden Matrix's visibility and attractiveness to a broader range of institutional investors. This inclusion can lead to increased liquidity, greater investor interest, and
LAS VEGAS, NV, Feb. 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. NASDAQ:GMGI)("GMGI" or the "Company"), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, today announced Brian Goodman, CEO of Golden Matrix Group will be hosted by JRC Stock Talk, a leading platform for insightful investor discussions, pursuant to which Mr. Goodman will participate in an exclusive Q&A. The Q&A session will take place on Tuesday, February 20, 2024, at 4:30 PM EST on X (formerly Twitter) Spaces, X's platform for audio chats. This event will offer investors a unique opportunity to gain valuable insights into Golde
Will Hold Special Meeting of Shareholders on March 19, 2024 to Vote on Approval of Acquisition of the MeridianBet Group LAS VEGAS, NV, Feb. 06, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Golden Matrix Group Inc. (NASDAQ:GMGI)(the "Company" or "GMGI"), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced that the Company will hold a Special Meeting of Shareholders to vote on, among other things, the proposed acquisition of the MeridianBet Group. The meeting will take place on March 19, 2024, at 12:00 P.M. Las Vegas time. The meeting will be held in a virtual format, via live audio webcast. Shareholders wil
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LAS VEGAS and VALLETTA, Malta, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Meridianbet (the "Company"), a leading sports betting and gaming operator and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), today announced the Company has completed the acquisition of Fairbet Ltd., a licensed retail gaming operator in Malta holding MGA license B2C/195/2011. The transaction sees Meridianbet taking 100% ownership of Fairbet's operations across Malta and Gozo – the second-largest island of the archipelago – expanding Meridianbet's physical presence beyond its existing locations. As part of the transaction, Meridianbet will add nine new retail locations, bringing its footprint in the market to 20 total
LAS VEGAS, Nev., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ:GMGI) ("GMGI" or the "Company"), a leading developer and licensor of online gaming platforms, systems, and gaming content, today announced that it will be participating in the 2024 Global Gaming Expo (G2E), held at The Venetian Expo in Las Vegas, Nevada from October 7 to October 10, at booth #5130. This will be GMGI's inaugural participation at G2E as a combined entity with Meridianbet. At the event, GMGI will present an updated B2B network, emphasizing its state-of-the-art proprietary software, including the unveiling of the brand-new Atlas System, a fifth-generation core system solution that supports both
LAS VEGAS, NV, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ:GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today announced that Chief Executive Officer Brian Goodman will be participating in a live interview with Benzinga Executive Producer Zunaid Suleman this Wednesday, August 21st, on Benzinga All-Access at approximately 11:40 a.m. Eastern Time. During the live interview, Mr. Goodman and Mr. Suleman will discuss: GMGI's Q2 2024 financial results and what they entail for the company;The future outlook for the firm over the next several fiscal years;The company's acquisition plans and its opportunistic approach to exp
LAS VEGAS, NV, July 19, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group (NASDAQ:GMGI) ("Golden Matrix" or the "Company"), a leading international developer and licensor of online gaming platforms, systems and gaming content, today announced the launch of an innovative Artificial Intelligence ("AI") powered casino game recommender by its subsidiary, Meridianbet. The recommender is designed to optimize user engagement and enhance the gaming experience. "This unique state-of-the-art Artificial Intelligence tool is a game changer," said Meridianbet CEO Zoran Milosevic. "We expect it to generate increased revenues, higher player values as a result of stronger loyalty and retent
LAS VEGAS, NV, July 17, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI) ("Golden Matrix", "GMGI" or the "Company"), an international developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced that its Board of Directors has authorized the repurchase of up to a maximum of $5.0 million of shares of the Company's common stock. Subject to any future extension in the discretion of the Board of Directors of the Company, the repurchase program is scheduled to expire on July 15, 2025, when a maximum of $5.0 million of the Company's common stock has been repurchased, or when such program is discont
LAS VEGAS and BELGRADE, Serbia, May 17, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a member of the Golden Matrix Group (NASDAQ:GMGI), in partnership with Meridianbet Foundation, Expanse Studios, and BC Crvena zvezda Meridianbet announces the launch of a significant humanitarian initiative, 'Scan. Help.', aimed at supporting maternity hospitals across Southeast Europe. The rollout of this action to other market territories is expected in the remainder of 2024. How It Works: Empowering Community Participation For every scanned QR code and subsequent registration on the Meridian Foundation's website, funds will be allocated towards equipping five maternity hospitals in Serbia. This innovative a
LAS VEGAS, May 08, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ:GMGI), a leading B2B and B2C gaming technology company utilizing proprietary technology and operating globally across 17 regulated markets, today announced that Brian Goodman, Chief Executive Officer, and Zoran Milosevic, Chief Executive Officer of MeridianBet, participated in an IPO Edge Fireside Chat. During this morning's live event, Mr. Goodman and Mr. Milosevic discussed: How Golden Matrix and MeridianBet got to where they are today (their successes thus far and how the combined company plans on delivering long-term shareholder value);Golden Matrix's acquisition of MeridianBet and the newfound power
LAS VEGAS, NV, March 31, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI)("Golden Matrix", "GMGI" or the "Company"), a developer and licensor of online gaming platforms, systems and gaming content, today announced that its Board of Directors has authorized the repurchase of up to a maximum of $2.0 million of shares of the Company's common stock. Subject to any future extension in the discretion of the Board of Directors of the Company, the repurchase program is scheduled to expire on September 29, 2023, when a maximum of $2.0 million of the Company's common stock has been repurchased, or when such program is discontinued by the Board of Directors. "We bel
LAS VEGAS, NV, Dec. 12, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Elray Resources Inc. (OTCPK: ELRA), a developer and licensor of online gaming technology and systems, today announced it has acquired Online Casino Crypto Technology, from Luxor Capital LLC. The Crypto Technology will enable Elray to build and supply full turnkey Crypto Technology systems to online crypto gaming operators. The crypto platform, branded as EBS (Elray Blockchain System), is expected to launch in the coming months. Elray also announced it has reached an Exclusive Distribution Agreement with Golden Matrix Group Inc. (NASDAQ:GMGI), wherein it will acquire all its gaming content for crypto operators from Go
LAS VEGAS, NV, Nov. 04, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group Inc. (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, today announced it had acquired the remaining 20% interest in RKings Competitions for a total of 165,444 restricted shares of GMGI's common stock payable to the two former owners of RKings. "Obviously," said Golden Matrix CEO Brian Goodman, "we are pleased to now have this exciting and successful B2C business as a wholly-owned entity; it is highly scalable and expected to grow quickly in multiple regulated jurisdictions. In addition to Great Britain, we expect RKings' tournament platform to be popular
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