TinyGemsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Posting Increasing Revenues Quarter after Quarter on Strengths of Its B2B, B2C Platforms
Oct 13, 2022
Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, currently supports over 645 operators and 6.8 million players in its B2B business and over 229,000 players in its RKings B2C segment. “GMGI’s next generation GM-Ag System – the industry standard – provides access to 10,000+ games while simplifying payment options via seamless integrations with third-party platforms and digital wallets,” a recent article reads. And as the iGaming market continues its rapid pace, Golden Matrix continues to ride the rising wave of industry growth with non-stop consecutive profitable quarters and record-breaking quarterly revenues. “Our ability to generate increasing revenues with quarter after quarter of profitability attests to the strengths of our B2B and B2C platforms. Because of the highly competitive nature of our industry, we are continually upgrading our systems and gaming content offerings to support the needs of our millions of participants,” GMGI CEO Anthony Brian Goodman is quoted as saying.
To view the full article, visit https://ibn.fm/I0Q7H
About Golden Matrix Group Inc.
Golden Matrix Group, based in Las Vegas, Nevada, is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label B2B gaming platforms for its international customers, located primarily in the Asia Pacific region. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company’s platform can be accessed through both desktop and mobile applications. As a result of its 80% controlling ownership interest in U.K.-based RKings Competitions Ltd., Golden Matrix also generates revenues from RKings’ scalable B2C tournament platform. Its sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com.
NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI
About TinyGems
TinyGems is your guide to the best and brightest in the under-appreciated small-cap sector. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), TinyGems provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. It’s time to uncover some of the best-kept secrets on Wall Street. TinyGems features innovative small-cap companies with huge potential, putting a spotlight on the best and brightest of these disruptors that have the technology, the talent, the drive, and the business models to make a huge impact in the markets and in portfolios. Whether it’s a game changing technology, a new more profitable product or service, or a star in a hot sector, TinyGems is the go-to source for actionable intelligence.
To receive SMS text alerts from TinyGems, text “Gems” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.TinyGems.net
Please see full terms of use and disclaimers on the TinyGems website applicable to all content provided by TinyGems, wherever published or re-published: https://www.TinyGems.net/Disclaimer
TinyGems
Los Angeles, California
www.TinyGems.net
310.299.1717 Office
[email protected]
TinyGems is part of the InvestorBrandNetwork
More News
Reporter’s notebook: Kimi’s AI credit card turns spending into computing quotas – with limits
China’s artificial intelligence companies have spent years persuading consumers to pay for their technology. Now, Moonshot AI, the start-up behind Kimi, is taking a different approach: offering AI computing benefits through a credit card. The company has teamed up with the Agricultural Bank of China (ABC) and American Express for what it calls “the world’s first AI native credit card”. After getting one for myself, the experience offered an intriguing way to bring AI services into everyday...
Modi under pressure as India’s youth protests rise to highest level in a decade
Despite tens of thousands of security personnel deployed to stop them, youth protesters in India scaled barricades last week, chanted anti-government slogans and scuffled with police officers trying to drag them away. “Long live the revolution,” shouted one young man before police bundled him into a bus. Street protests in India this year are likely to be higher than at any time in the past decade, the independent Armed Conflict Location and Event Data Project has said, as dissent mounts...
Asean climate monitor issues highest alert level over toxic haze
Ongoing fires in Indonesia that have blanketed parts of Southeast Asia with toxic haze have triggered the highest-level alert by the regional bloc’s climate and fire monitor. “Activation of Alert Level 3 for the Southern Asean region,” the Singapore Asean Specialised Meteorological Centre (ASMC) said on its website, seen on Saturday. Based near Singapore’s Changi Airport, the ASMC uses a four-tiered alert level system, from zero to three, with the highest triggered if there is a “high risk of...
Asean’s Myanmar peace push needs Japan’s ‘silent diplomacy’
Japan has long established itself as a pioneer of mediation in Southeast Asia. In 1990, for example, its officials helped broker talks between Cambodia’s warring factions, supplementing international efforts to end conflict in the country. Now, Tokyo is seeking to upgrade its diplomatic toolkit. The Ministry of Foreign Affairs’ International Peace Mediation Unit was set up in March, followed by the launch of the Parliamentary Association for Peace Mediation in May. Around the same time, the...
Ex-Malaysian minister Nik Nazmi admits lapse in judgment after ‘khalwat’ arrest
Former Malaysian minister Nik Nazmi Nik Ahmad has confirmed that he was one of two individuals detained by the Selangor Islamic Religious Department (Jais) over an alleged khalwat case. Nik Nazmi, who helms Parti Bersama Malaysia, said he was at a residence in Petaling Jaya on Thursday with a woman after they decided to continue a discussion about a project there. “We had initially started the discussion with friends at a studio in Brickfields, Kuala Lumpur, before moving to Petaling Jaya to...
Japan’s ‘Dancing Salaryman’ Can’t Stop Grooving
Toru Utsumi, 60, works as a management consultant, but on his days off, he has become a global internet star — despite some local disapproval.
Shunned in the West, Ye hands Indonesia a rare mega-tour coup
Taylor Swift and Lady Gaga each chose Singapore as their only Southeast Asian stop on recent world tours. Fellow American singer Olivia Rodrigo played Thailand and the Philippines, but likewise skipped Indonesia. Next weekend, however, Jakarta is finally getting the big international headline act it has been craving – in the form of Ye. The controversial American rapper, formerly known as Kanye West, is set to play Indonesia’s capital next Saturday, marking the only Southeast Asian appearance on...
Dancing Salaryman Pokes Fun at Japan’s Buttoned-Down Culture
Toru Utsumi has won more than a million fans on TikTok and Instagram with short, fancy-free videos.
‘Thai people already poor’: developing nations protest IMF’s austerity call
Coconut farmer Sombat Chuekrod travelled more than 200km (120 miles) to join hundreds on the streets of Bangkok on Friday demanding that the International Monetary Fund (IMF) and World Bank change how they deal with the developing world. Finance ministers, central bank governors and other top policymakers gathered this week in the Thai capital for the IMF-World Bank Annual Meetings, as decision makers tackle an inflation crisis fuelled by the Iran war and other economic shocks. The message from...
Meet Neha Bora, Activist and Face of India’s Young Protesters
When police cracked down, Neha Bora helped rally Gen Z protesters with a mix of boundless energy, street theatrics and satirical humor.
Deadly School Roof Collapse in Pakistan Raises Questions Over Regulation
A roof collapse that killed 32 children and a teacher in northwest Pakistan has prompted safety inspections of schools across the region.
A Wayward Shark Becomes a Celebrity in South Korea
Stranded in a port waterway for weeks, the 10-foot fish has attracted more than a million spectators, while officials try to guide her back to open sea.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.