Pandemic, Dinosaurs and Raffles: Why Golden Matrix Group Inc. (NASDAQ: GMGI) is a Diamond in the Rough
Oct 12, 2022
- While a tough economic climate has hurt many businesses in recent years, Golden Matrix has amassed a streak of 16 consecutive profitable quarters
- The GMGI portfolio includes over 10,000 games and a turnkey system designed to promote user acquisition, engagement, retention, and monetization
- After buying 80% of RKings International, GMGI is preparing to expand the business from its roots in the U.K. and Ireland into the Latin American markets
The online gambling space is highly competitive, lending to most of the world’s biggest operators burning through tons of cash for marketing in a bid to try and attracts (and keep) customers. That’s cash that comes straight off the bottom line, explaining why many struggle to achieve profitability. That’s certainly not the case for Golden Matrix Group (NASDAQ: GMGI), which continues to experience revenue growth on its way to amassing an impressive streak of 16 straight profitable quarters.
The Las Vegas-based upstart is a developer and licensor of highly modular, configurable, and scalable gaming platforms for its international customers designed to promote user acquisition, engagement, retention, and monetization. Golden Matrix white labels its industry-leading GM-AG System that can be…
NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI
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