Personalized iGaming Powered by AI LAS VEGAS, NV, July 19, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Golden Matrix Group (NASDAQ:GMGI) ("Golden Matrix" or the "Company"), a leading international developer and licensor of online gaming platforms, systems and gaming content, today announced the launch of an innovative Artificial Intelligence ("AI") powered casino game recommender by its subsidiary, Meridianbet. The recommender is designed to optimize user engagement and enhance the gaming experience. Meridi ...

"We believe the repurchase program may provide numerous benefits to the Company and its stockholders, including, among others, possibly help counteract the short interest in the Company's common stock, mitigation of overhang on the market for the Company's common stock, attractive use of the Company's capital to repurchase shares at current prices, a more tax-efficient way of returning capital to shareholders compared to declaring cash dividends and accretion to earnings per share," said Anthony Brian Goodm ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------------------|-----------------------------------------------------------------------------------------|---------------------------------------| | (Exact name of \nNevada | Golden Matrix Group, Inc. registrant as specified in its charter) \n001-41326 | 46-1814729 | | (S ...

LAS VEGAS, July 01, 2024 (GLOBE NEWSWIRE) -- Expanse Studios, iGaming development studio and part of the Golden Matrix Group (NASDAQ: GMGI) is thrilled to announce a new strategic partnership with Betika, Kenya's leading online gaming company. This collaboration, facilitated by our alliance with Casimba Casino, will further increase Expanse Studios' iGaming experience across Africa, tapping into Betika's extensive operations across multiple countries including Kenya, Tanzania, Ethiopia, and Nigeria. This pa ...

Damjan Stamenkovic, CEO of Expanse Studios, expressed excitement about this new venture, stating, "Partnering with Betika not only expands our footprint in the vibrant and rapidly growing African iGaming market but also aligns perfectly with our mission to deliver superior gaming product through constant innovation." Partnership Tailored for a Young, Tech-Savvy Audience Founded in 2017, Expanse Studios is already a trailblazer in the online gaming industry. With a relentless focus on innovation, Expanse mer ...

Core Insights - Meridianbet has launched a new Casino Bonus Wallet aimed at enhancing user experience and engagement in the online gaming sector [12][15] - The company is focusing on expanding its B2B operations and growing its online casino segment, leveraging its proprietary technology [8][15] Group 1: Casino Bonus Wallet Features - The Casino Bonus Wallet includes an automated rollover system that transfers bonus funds across various products, ensuring seamless user experience [6] - A live progress bar feature allows players to track their bonus progress in real-time, enhancing transparency [6] - The wallet offers customizable rollovers for different game types, including table games, slots, and live casino games, catering to diverse player preferences [6] Group 2: Market Position and Technology - Meridianbet operates with proprietary software, distinguishing itself from over 90% of gaming companies that rely on third-party providers [2][7] - The company has developed a portfolio of 50 casino games through its in-house studio, Expanse Studios, and maintains a robust online customer care architecture [7] - Meridianbet is implementing a series of B2B solutions to capitalize on its strong market position in the iGaming industry [7][15] Group 3: Company Overview - Founded in 2001, Meridianbet is licensed and operates in 20 jurisdictions across Europe, Africa, and South America, establishing itself as a significant player in the online sports betting and gaming market [3] - The company operates both B2B and B2C segments, including iGaming and sports betting, supported by a comprehensive loyalty system and proprietary technologies [13]

This latest innovation underscores Meridianbet's commitment to prioritizing the user experience and solidifying its position in Europe's online casino (iGaming) community. The new Casino Bonus Wallet exclusively holds casino bonus funds, which can be used to play all games in the slots offering. Players receive bonus funds by participating in active promotions on the site. Some of the standout features include: Customizable Rollovers: Possibility to set different rollover requirements for various types of g ...

LAS VEGAS, June 05, 2024 (GLOBE NEWSWIRE) -- Meridian Gaming Ltd announces that Golden Matrix Group Inc. (NASDAQ: GMGI) ("Golden Matrix" or the "Company"), a leading developer, licensor, and global operator of online gaming and eCommerce platforms, announces its inclusion in the prestigious Russell 3000 Index. This inclusion underscores the Company's established market presence and growth trajectory. Pro Forma Combined Quarterly Results for Q1 2024 Total Revenue: $36.69 million Benefits of Russell 3000 Inde ...

LAS VEGAS, June 05, 2024 (GLOBE NEWSWIRE) -- Meridian Gaming Ltd announces that Golden Matrix Group Inc. (NASDAQ: GMGI) ("Golden Matrix" or the "Company"), a leading developer, licensor, and global operator of online gaming and eCommerce platforms, announces its inclusion in the prestigious Russell 3000 Index. This inclusion underscores the Company's established market presence and growth trajectory. Benefits of Russell 3000 Index Inclusion Being part of the Russell 3000 Index further increases Golden Matri ...

Core Insights - Expanse Studios, a subsidiary of Golden Matrix Group Inc., has launched a new game called Super Heli, which is gaining popularity in Southeast Europe's iGaming market [1][2] Game Features - Super Heli offers a unique gameplay experience by allowing players to place three distinct bets within a single round, enhancing control and excitement [3] - The game has a return to player (RTP) rate of 97%, promising entertainment and increased chances for significant wins [3] - It features a maximum layout of 5 reels, 4 rows, and 100 paylines, ensuring action-packed spins with high reward potential [4] - The game integrates classic slot elements with modern features like scatters and wild symbols, while avoiding complicated bonuses to appeal to traditional slot enthusiasts [4] Strategic Impact - The launch of Super Heli aligns with Expanse Studios' strategy to innovate in the iGaming sector and expand market reach, reinforcing its commitment to unique gaming solutions [5] - This initiative is part of a broader effort by Expanse Studios and Golden Matrix to enhance their portfolio and deliver high-quality gaming experiences that drive engagement and growth [5] Company Background - Expanse Studios, founded in 2017, has quickly become a significant player in the iGaming industry, focusing on innovation and quality in game development [6] - As part of Golden Matrix Group, Expanse Studios utilizes cutting-edge technology to create engaging and profitable gaming solutions for a global audience [6]