Categories: Web and IT News

Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership

Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership


Las Vegas, Nevada–(Newsfile Corp. – December 31, 2024) – Golden Matrix Group (NASDAQ: GMGI), today announced a preview of its 2025 business growth opportunities in the gaming and technology sectors. This follows its year-to-date revenue growth of 55% to $105.3M, robust gross margins consistently above 55%, and a Price-to-Sales (P/S) ratio of 1.88.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Golden Matrix Group (GMGI) achieved $105.3M in year-to-date revenue, reflecting a 55% growth rate and robust gross margins above 55%
  • Currently at a Price-to-Sales ratio of 1.88, below the industry average of 3-5
  • Entry into Brazil and pending licensing in New Jersey to capitalize on new markets, as part of its growth strategy

Click image above to view full announcement.

About:

Founded in 2001 and part of the Golden Matrix (NASDAQ: GMGI), Meridianbet Group is a well-established online sports betting and gaming group, licensed and/or currently operating in 17 jurisdictions across Europe, Africa, and South America. Meridianbet’s successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omni-channel approach to markets, including retail, desktop online, and mobile.

Contact information:

Milan Koricanac, Head of Global PR
milan.koricanac@meridianbet.com

Source: Meridianbet Group

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235642

 

View more news from Reportable, Inc.

You are receiving this email because you have previously indicated your interest in receiving news for Reportable, Inc.

If you no longer want to receive messages from us, you can click here to unsubscribe.

Anti-Spam Policy | Privacy Policy

 

The post Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership first appeared on PressReleaseCC.

Golden Matrix Group (GMGI): Previews its 2025 Gaming Business Opportunity; Positioned for Growth in High-Potential Markets Due to Proprietary Tech Leadership first appeared on Web and IT News.

awnewsor

Recent Posts

Uniform Appoints Industry Veterans to Accelerate Next Phase of Growth

Uniform, a leader in digital experience management, announced the appointment of Gary Roberts as Board…

19 hours ago

Google Poaches TikTok’s Top U.S. Ads Executive, Signaling a New Front in the Battle for Short-Form Video Dollars

Blake Chandlee spent nearly a decade building TikTok’s advertising machine in the Americas. Now he’s…

22 hours ago

The $5 Gallon Is Coming Back: Why America’s Gas Prices Could Spike Hard Before 2026

Americans got used to cheaper fill-ups. That era may be ending faster than anyone expected.…

22 hours ago

When AI Learns to Hack: Inside the UK’s Alarming Test of Anthropic’s Most Capable Model

The question isn’t whether artificial intelligence will become a potent weapon in cyberattacks. The question…

22 hours ago

Gas Prices Drive U.S. Economic Pessimism Despite Positive Indicators

Americans have long viewed the cost of filling up their vehicles as a key indicator…

22 hours ago

Hollywood’s Antitrust Alarm: Why a Paramount-Warner Bros. Merger Has the Industry Writing Open Letters and Bracing for a Fight

More than 150 Hollywood writers, directors, and producers have signed an open letter urging federal…

22 hours ago

This website uses cookies.