GMGI icon

Golden Matrix Group

1.94 USD
-0.04
2.02%
At close Dec 20, 4:00 PM EST
After hours
2.03
+0.09
4.64%
1 day
-2.02%
5 days
-6.73%
1 month
-23.02%
3 months
-21.46%
6 months
-31.93%
Year to date
-19.50%
1 year
-14.54%
5 years
-77.60%
10 years
-77.60%
 

About: Golden Matrix Group Inc is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located in the Asia Pacific region. The company operates in two reportable segments; B2B and B2C. The B2C segment earns majority revenue. The company operates in UK, Asia Pacific and Latin America. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, R Kings Competitions and GM-AG.

Employees: 1,100

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

88% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 8

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

5% more funds holding

Funds holding: 39 [Q2] → 41 (+2) [Q3]

0.04% more ownership

Funds ownership: 2.54% [Q2] → 2.58% (+0.04%) [Q3]

2% less capital invested

Capital invested by funds: $7.46M [Q2] → $7.31M (-$150K) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for GMGI.

Financial journalist opinion

Based on 6 articles about GMGI published over the past 30 days

Neutral
GlobeNewsWire
2 days ago
Golden Matrix Group Resumes Stock Repurchase Program
LAS VEGAS, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) ("Golden Matrix" or the "Company"), a developer and licensor of online gaming platforms, systems, and gaming content, today announced that it has resumed its existing stock repurchase program.
Golden Matrix Group Resumes Stock Repurchase Program
Neutral
GlobeNewsWire
3 days ago
Golden Matrix Group to Participate in the 2025 ICR Conference
LAS VEGAS, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) ("Golden Matrix" or the "Company"), a developer and licensor of online gaming platforms, systems, and gaming content, today announced that management will participate in the 2025 ICR Conference on January 13-15, 2025 at the Grande Lakes Resort in Orlando, FL.
Golden Matrix Group to Participate in the 2025 ICR Conference
Neutral
GlobeNewsWire
4 days ago
Golden Matrix Group Inc. Files for Ontario Gaming License
LAS VEGAS, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (NASDAQ: GMGI) (“Golden Matrix” or the “Company”), a global developer, licensor, and operator of online gaming platforms, today announced Expanse Studios, a rising leader in the iGaming sector and part of the Golden Matrix Group, is thrilled to announce the commencement of the filing process for its B2B Gaming License registration in Ontario, Canada. This pivotal step marks a significant advancement in the Company's global expansion strategy as the company prepares to enter one of North America's most dynamic and regulated iGaming markets.
Golden Matrix Group Inc. Files for Ontario Gaming License
Neutral
Newsfile Corp
1 week ago
A Closer Look Into Golden Matrix Group's (GMGI) Sweepstakes Business Segments: Adding to Meridianbet's Success
Sliema, Malta--(Newsfile Corp. - December 13, 2024) - Golden Matrix Group, Inc. (NASDAQ: GMGI), the parent company of renowned brands such as Meridianbet, has seen significant contributions from its sweepstakes business segments as well - RKings Competitions and Classics for a Cause. These two brands have emerged as strong performers within the company's portfolio, blending entertainment with broader impact and adding notable value to its overall operations.
A Closer Look Into Golden Matrix Group's (GMGI) Sweepstakes Business Segments: Adding to Meridianbet's Success
Neutral
GlobeNewsWire
2 weeks ago
Golden Matrix Group Issues CEO Update on Strategic Progress and Key Developments
LAS VEGAS, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Golden Matrix Group, Inc. (NASDAQ: GMGI) (“GMGI,” “Golden Matrix,” or the “Company”), a developer, licensor, and global operator of online gaming and eCommerce platforms, systems and gaming content, today issued a corporate update from CEO Brian Goodman highlighting the Company's recent performance, strategic priorities and financial positioning.
Golden Matrix Group Issues CEO Update on Strategic Progress and Key Developments
Neutral
Newsfile Corp
3 weeks ago
Golden Matrix Group (GMGI) Balances 85% Insider Ownership with Growing Institutional Backing Following Meridianbet Acquisition
Sliema, Malta--(Newsfile Corp. - November 29, 2024) - High insider ownership is often seen as a double-edged sword, but it also reflects strong leadership commitment. Following the acquisition of Meridianbet, 85% of shares in Golden Matrix Group (NASDAQ: GMGI) are held by insiders—a clear indication of alignment between leadership and shareholder interests.
Golden Matrix Group (GMGI) Balances 85% Insider Ownership with Growing Institutional Backing Following Meridianbet Acquisition
Neutral
Newsfile Corp
1 month ago
Meridianbet (GMGI) and Crvena Zvezda Seal Euroleague's First Logo Integration Deal
Sliema, Malta--(Newsfile Corp. - November 21, 2024) - Meridianbet, a global sports betting and gaming brand, part of the Golden Matrix Group Inc. (NASDAQ: GMGI), has advanced its strategic partnership with Euroleague basketball powerhouse Crvena Zvezda. To view the full announcement, including downloadable images, bios, and more, click here.
Meridianbet (GMGI) and Crvena Zvezda Seal Euroleague's First Logo Integration Deal
Neutral
GlobeNewsWire
1 month ago
Meridianbet Redefines Sports Sponsorship with Europe's First Emblem Integration Deal with BC Crvena Zvezda
VALLETTA, Malta, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Meridianbet, a global sports betting and gaming brand, part of the Golden Matrix Group Inc. (NASDAQ: GMGI), has advanced its strategic partnership with Euroleague basketball powerhouse Crvena Zvezda.
Meridianbet Redefines Sports Sponsorship with Europe's First Emblem Integration Deal with BC Crvena Zvezda
Neutral
Seeking Alpha
1 month ago
Golden Matrix Group, Inc. (GMGI) Q3 2024 Earnings Call Transcript
Golden Matrix Group, Inc. (NASDAQ:GMGI ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Unidentified Company Representative - Brian Goodman - CEO Zoran Milošević - CEO of Merdianbet Group Conference Call Participants Operator Thank you and good morning, everyone. Welcome to Golden Matrix Group's Third Quarter 2024 Earnings Call.
Golden Matrix Group, Inc. (GMGI) Q3 2024 Earnings Call Transcript
Neutral
Newsfile Corp
1 month ago
Meridianbet Foundation (GMGI) Marks Five Years of Successful Global Scholarship Program
Sliema, Malta--(Newsfile Corp. - November 4, 2024) - For the fifth consecutive year, the Meridianbet Foundation is proud to recognize and reward exceptional academic talent through its scholarship program. This program now reaches students across all markets where Meridianbet operates, supporting their academic journey and professional aspirations with meaningful financial awards and industry exposure.
Meridianbet Foundation (GMGI) Marks Five Years of Successful Global Scholarship Program
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