The iGaming market continues its rapid pace of growth with expectations it will double from $173 billion to over $340 billion by 2027 (https://ibn.fm/8JO3m). Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms and systems, continues to ride the rising wave of industry growth with non-stop consecutive profitable quarters and record-breaking quarterly revenues (https://ibn.fm/AATls).
“Our ability to generate increasing revenues with quarter-after-quarter of profitability attests to the strengths of our B2B and B2C platforms,” said GMGI CEO Anthony Brian Goodman. “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.”
iGaming is a diverse industry comprising numerous forms of online gambling, including regular online casinos, poker rooms, e-sports betting, crypto casinos, and binary trading. Factors contributing to industry growth are linked to the increased availability of smartphones, laptops, and virtual reality headsets. In addition, Covid-19 pandemic restrictions catalyzed industry expansion by driving people to online activities when government mandates forced casinos and other entertainment venues to close.
Casino aggregator platforms additionally fuelled industry growth by reducing barriers to entry and easily connecting operators to suppliers, payment systems, and gaming content. 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.
GM-Ag additionally supports all major currencies, offers multiple language options, and can be accessed by any major operating system on any device with an internet connection. The platform also features AI-based tools that help operators derive maximum revenue from each player, and data analytics that enable complete 360-degree performance visibility.
“The GMX-Ag (aggregate) platform, which provides numerous features to benefit both operators and their players, continues to gain traction, even outside our traditional markets,” said Goodman. “Additionally, on the B2B side, we provide our operators with the marketing tools they need to strengthen their customer acquisition and retention.”
Based in Las Vegas, Golden Matrix is an established gaming technology company that currently supports over 645 operators and 6.8 million players in its B2B business, and over 229,000 players in its RKings B2C segment. With a proprietary portfolio of highly modular, configurable, and scalable AI-powered gaming platforms, GMGI is strongly positioned to lead the hyper-growth 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://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 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.TinyGems.com
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.com/Disclaimer
TinyGems Los Angeles, California www.TinyGems.com 310.299.1717 Office Editor@TinyGems.com
TinyGems is part of the InvestorBrandNetwork
The company’s shift from engineering/construction to asset ownership is central to the company’s long-term revenue…
Quantum computers aren’t just faster versions of classical computers; they are fundamentally different tools that…
A joint team of Polish and Brazilian researchers has developed a new machine learning model…
The $400M at-the-market equity offering was completed in just over two weeks. The average sale…
SEGG Media has completed a comprehensive corporate transformation, including rebranding, structural realignment, and strategic repositioning.…
U.S. clean energy tax credits under the new Big Beautiful Bill require projects to commence…