Golden Matrix Group (GMGI) will aggressively expand its online gambling, commercial, and technology services within new and existing markets in 2025, following its corporate transformation. The announcement headlines the Nasdaq iGaming group publishing its full-year 2024 accounts, in which it closed a “pivotal year” for its businesses, completing its acquisition of Meridianbet. Meridianbet changes all GMGI dynamics The group-wide enlargement …
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GMGI eyes rapid expansion of Meridianbet in LatAm and South Africa
Golden Matrix Group Inc (GMGI) lauds its new corporate profile, as the Nasdaq online gambling group boosts its portfolio and performance with the integration of Meridianbet assets. Q2 accounts saw GMGI achieve group consolidated revenues of $39.4 million, a 75% increase on Q2 2023 results of $22.6 million. Revenue results top GMGI market guidance, issued in Q2 following the completion …
Read More »MeridianBet makeover sees GMGI top $39m revenues
Golden Matrix Group Inc (GMGI) has underscored its corporate transformation, boosted by the acquisition of MeridianBet Group, a deal completed in April 2024. The Nasdaq-listed technology group issued a ‘preliminary notice’, forecasting its corporate revenues to top $39m for Q2 trading (period ending 30 June). Of significance, period trading saw GMGI align MeridianBet’s financial results with its fiscal calendar, reporting …
Read More »Elray gaming launches SimVRacing
Elray Gaming, the online gaming and turnkey solution subsidiary of Elray Resources Incorporated, has launched its proprietary virtual horse racing product. SimVRacing, a virtual thoroughbred horse racing product, is now live, with races taking place every four minutes at four different race tracks. Elray has developed the technology and owns the intellectual property of the product, having completed the acquisition …
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