Gaming

Golden Matrix Group Revenue Triples In Q2

The gaming content development and licensing company, Golden Matrix Group Inc., has been able to earn nearly $3 million in revenue in quarter two of the 2021 financial year (ending on 31st July). This is a huge improvement of nearly 2000% on their Q2 performance of $1.05 million in 2020. 

Gaming Matrix is on a high right now. They have launched their gaming aggregator service in the Asia Pacific region. They are also in talks to aggregate around 14 more gaming operators in the next few months. The new aggregate platform will be called GMX-Ag. 

The main USP of GMX-Ag is that it will have a large variety of gaming products and services under one umbrella. It will be able to integrate smoothly with the existing businesses of gaming operators while also providing them with additional features like content aggregation and customer acquisition. 

GMX –Ag will have more than 10,000 titles for casino games, live games, sportsbooks, and lotteries, from internationally renowned game developers. GMX-Ag will also have a White Label Turnkey solution that will be available in different commercial areas of the world like Asia, South America, North America, Europe, and Africa. 

All sportsbook services under GMX –Ag will be provided by leading sports betting operator called Amelco Ltd., who entered into an agreement with Golden Matrix Group in 2020. 

During the announcement of the Q2 results, the CEO of the Golden Matrix Group Inc., Brian Goodman, mentioned that they are very excited about their high Q2 earnings at a time when they are embarking on a new venture like GMX-Ag. Goodman believes that the GMX-Ag platform will help the company expand its repertoire of services and also break into the newly-regulated sports betting markets all over the world. 

Goodman hopes that in the coming years, Golden Matrix revenues will go up even further with the help of their aggregator platform income. But Golden Matrix has also clarified that they have sophisticated technologies to prevent access to their software in countries where their services are still restricted.

Michael Grant

Michael writes news articles covering covering whole casino industry. He is passionate about online poker games. He regularly contributes in-depth news stories regarding casino industry and legislations.

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