Tag Archives: GMGI

Golden Matrix posts FY2024 loss of $1.5m as new owner of Meridianbet

SBC News Golden Matrix posts FY2024 loss of $1.5m as new owner of Meridianbet

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 tops $100m revenues on MeridianBet efficiencies

SBC News GMGI tops $100m revenues on MeridianBet efficiencies

Golden Matrix Group (GMGI) has surpassed $100 million in corporate revenues for the year, underscoring its successful integration of MeridianBet. Publishing its Q3 trading statement, the Nasdaq-listed global online gambling group registered consolidated revenues of $41 million (+85%). For the year-to-date, GMGI revenues increased to $105 million, driven by the continued growth of MeridianBet and GMGI tech services. As detailed, …

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GMGI leadership praise ‘exceptional growth’ for Meridianbet

SBC News GMGI leadership praise ‘exceptional growth’ for Meridianbet

Golden Matrix Group (GMGI) has announced a record-breaking performance for its wholly owned subsidiary, Meridianbet, in August 2024.  Known for its strong presence in the igaming and sports betting sectors, Meridianbet reportedly reached ‘exceptional growth’ across multiple regions, particularly in its B2C operations. Brian Goodman, CEO of Golden Matrix Group, commented: “Meridianbet’s August performance is a testament to our consistent …

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GMGI eyes rapid expansion of Meridianbet in LatAm and South Africa

SBC News 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 …

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MeridianBet makeover sees GMGI top $39m revenues

SBC News 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 …

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