Casino GGR up 30% to $14.6M on $485M turnover, Sports Betting up 25% to $13.3M, Depositors up 25%, New Registrations up 70% — driving Golden Matrix to profitability ($0.4M net income), 32% Adjusted EBITDA growth ($5.7M), and $25.9M debt reductionGolden Matrix Group Inc. (NASDAQ: GMGI), the parent company of Meridianbet, today announced record third...
Mr. Aleksandar Milovanović, founder and largest shareholder of Meridianbet, has completed a $500,000 cash-to-equity conversion under the Post-Closing Cash Consideration Conversion Agreement, as specified in the Eighth Amendment to the Amended and Restated Sale and Purchase Agreement with the parent company, Golden Matrix Group (GMGI).The Eight Amendment was signed on August 29, 2025 and...
Golden Matrix Group Inc. (NASDAQ: GMGI) (“Golden Matrix” or the “Company”), a developer, licensor, and global operator of online gaming platforms, today announced financial and operational results for the second quarter ended June 30, 2025. The Company reported continued strength across its diversified portfolio, with Meridianbet once again delivering a significant contribution to
Meridianbet in 2024: Global ESG Standards. Nasdaq-Level AccountabilityAs we reflect on the past year, one thing is clear — progress only matters when it’s visible, measurable, and felt across the communities we serve. This Global 2024 ESG Report is more than a summary of our work; it’s a record of where we’ve delivered, where we’ve...
Strong fourth-quarter performance, strategic acquisitions, and platform innovation drive Golden Matrix’s global momentum — with Meridianbet contributing significantly across regulated markets.FY2024 Revenue Soars 63% to $151 Million, Q4 Revenue Jumps 81% to $46 MillionGolden Matrix Group Inc. (NASDAQ: GMGI), a global operator of B2B and B2C online gaming platforms, reported record full-year and fourth-quarter financial...
Golden Matrix Group Inc. (NASDAQ: GMGI) (“Golden Matrix” or the “Company”), a developer and licensor of advanced online gaming platforms and content, proudly announces that its subsidiary, Meridian Gaming Brasil SPE Ltda (“Meridianbet”), has been duly granted a definitive federal license (No. 0086/2024) by Brazil’s Ministry of Finance Secretariat of Prizes and Betting (SPA/MF), authorizing...
Meridianbet, a subsidiary of Golden Matrix Group, Inc. (NASDAQ: GMGI), has officially launched its B2B operations in Nigeria, one of the largest and fastest-growing betting markets in Africa. The company’s entry into Nigeria further strengthens its 20-year presence in Africa, leveraging its proven track record in regulated markets to deliver world-class gaming products....
Zoran Milosevic, CEO of Meridianbet, sat down with MarketBeat’s Bridget R. Bennett to discuss the future of gaming, regulatory shifts, and emerging technologies shaping the industry.https://twitter.com/meridianbet_ofc/status/1889487246606131211In the interview, they explored:✔ Regulatory landscape – How evolving policies impact iGaming growth✔ Technology & innovation – AI, social casino expansion, and player personalization✔ Market trends –...
In a packed room at the prestigious ICR 2025 Conference held in Orlando, FL, Zoran Milosevic, CEO of Meridianbet, captivated the audience of elite investors with GMGI's remarkable growth story and series of strategic market entries that position the company for significant value creation in 2025 and beyond. The company also led the conference...
Q3 revenue up 16%, driven by online and retail success; positive momentum underpins record-setting year for Golden Matrix Group Inc.Meridianbet, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), reports strong Q3 results, reflecting robust growth across its online and retail segments. Our success continues to play a central role in Golden Matrix’s...
