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LAS VEGAS, NV / ACCESSWIRE / March 8, 2021 / Golden Matrix Group, Inc. (OTC Pink:GMGI), a developer and licenser of online gaming platforms, systems and gaming content, today announced it has acquired a state-of-the-art aggregate gaming system from Gamefish Global Pty. Ltd., a premium casino game development company based in Sydney, Australia, to further expand the GMGI brand and to accelerate the company’s global market penetration.
The company said its aggregate system, labelled GMX-Ag, will offer a diverse portfolio of gaming products on one single platform that can be integrated seamlessly with gaming operators’ existing business systems, and at the same time provide the operators with value-added features such as content aggregation and player acquisition & retention tools.
The GMX-Ag platform will feature a full suite of igaming products comprising casino, sportsbook, lottery and live gaming, and will include a portfolio of more than 10,000 casino games from world-renowned gaming providers. The GMX-Ag platform is also expected to enable GMGI to roll out its White Label Turnkey solutions, specifically targeting developing markets such as Asia, Latin America, Africa and parts of Eastern Europe. The sportsbook component will be powered by Amelco UK Limited, a leading sports betting software and trading services provider that entered into a software license and services agreement with GMGI in October 2020.
In 2023, gaming revenue in Latin America is expected to reach 3.6 billion U.S. dollars, up from 2.23 billion in 2018. In 2018, Mexico was the largest gaming market in the region, followed by Brazil and Argentina. * Statista
“We will soon be able to offer an all-inclusive portfolio of online gaming content via a rapid single seamless integration to gaming operators; and, in most cases, the single integration will be at a very competitive flat rate,” said GMGI CEO, Anthony Goodman, who continued, “We are confident that GMX-Ag’s white-labelled turnkey solutions will be popular in developing and regulated markets that are experiencing incredible growth and, as such, we will now be targeting these thriving markets throughout Europe, Latin America and the United States.”
Mr. Goodman added, “To ensure the successful rollout of the GMX-Ag platform, the company has expanded personnel by contracting the services of two widely recognized and respected expert gaming veterans in gaming development and marketing. We are excited by the many opportunities for expansion and growth that can be facilitated through the deployment of GMX-Ag. We see this as the first of several transactions anticipated in 2021 that have the goal of helping GMGI establish itself as a global presence in multiple gaming sectors, including regulated markets in Europe.”
Financial terms and additional information regarding GMGI’s acquisition of the GMX-AG platform are available in the company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 8, 2021.
About Golden Matrix
Golden Matrix Group, Inc., based in Las Vegas NV, is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label gaming platforms for its international customers, located primarily in the Asia Pacific region. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company’s platform can be accessed through both desktop and mobile applications.
Our sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current US law.
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*Statista – A leading provider of market and consumer data. https://www.statista.com/aboutus/
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SOURCE: Golden Matrix Group Inc.
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