r/GMGI • u/StockKnight • 12d ago
r/GMGI • u/Altruistic-Sun-1482 • Aug 01 '21
GMGI 24HR LOUNGE LIVE 24 HOUR DISCUSSION LOUNGE!
r/GMGI • u/StockKnight • Feb 25 '25
Compelling opportunity
Investing in gambling and iGaming stocks presents a compelling opportunity due to several key factors driving the industry's growth and resilience.
The global gaming market has experienced exponential expansion, growing from $256.41 billion in 2023 to $286.61 billion in 2024. Projections estimate the market will exceed $453 billion by 2028, with a compound annual growth rate (CAGR) of 12.2%. This surge is fueled by mobile gaming proliferation, technological innovations, and the expansion into emerging markets.
Leading companies are actively expanding their global footprints through strategic acquisitions. Forinstance, Flutter Entertainment, owner of brands like FanDuel and PokerStars, acquired Italy's Snaitech for €2.3 billion, solidifying its position as Italy's largest gambling company. This move aligns with Flutter's strategy to diversify and strengthen its international presence.
Companies in the sector are reporting impressive financial results. Gambling.com announced preliminary Q4 revenue of approximately $35.2 million, contributing to a full-year revenue of around $127.1 million. This performance underscores the strong demand and profitability within the industry.
The integration of advanced technologies such as artificial intelligence, blockchain, and virtual reality is enhancing user experiences and creating new revenue streams. Companies are also diversifying their offerings to include esports betting platforms and live casino technologies, catering to a broader audience and increasing market shares.
Despite regulatory challenges, companies like Entain have demonstrated resilience by adjusting strategies and focusing on growth areas. Entain's shares have rebounded over 25% since September, with a 10% rise in net gaming revenue leading to an upward revision of its profit guidance. This adaptability highlights the industry's capacity to navigate and thrive amid changing regulatory landscapes.
Overall, the combination of robust market growth, strategic expansions, strong financial performance, technological advancements, and resilience to regulatory changes makes gambling and iGaming stocks an attractive investment opportunity.
Golden Matrix Group Inc. (GMGI) stands out as a compelling investment opportunity in the burgeoning gambling and iGaming sector. Several key factors underscore its potential:
Impressive Financial Growth: In fiscal year 2024, GMGI reported preliminary revenues of $150 million, marking a 61% increase from the previous year's $93 million. This surge is largely attributed to the strategic acquisition of Meridianbet in April 2024, which expanded GMGI's market presence and revenue streams.
Strategic Market Expansion: GMGI has successfully diversified its global footprint by entering new markets, including South Africa, Peru, and Australia. These expansions have not only broadened the company's reach but also contributed to its robust financial performance.
Technological Innovation: The company has enhanced its product portfolio with the launch of AI-driven offerings, catering to the evolving demands of the gaming community. This commitment to innovation positions GMGI favorably in a competitive market.
Strong Market Position: With operations spanning multiple international markets, GMGI's B2B division develops and licenses proprietary gaming platforms, while its B2C operations, through Meridianbet, offer sports betting and gaming services across 18 regulated jurisdictions globally.
Positive Stock Performance: As of February 25, 2025, GMGI's stock is trading at $2.05. The company's strong financial performance and strategic initiatives suggest potential for excellent future appreciation.
In summary, Golden Matrix Group Inc.'s significant revenue growth, strategic acquisitions, market expansion, technological advancements, and solid market position make it a noteworthy consideration for investors seeking exposure in the gambling and iGaming industry.
r/GMGI • u/Ok-Mall-6023 • Feb 20 '25
Do u think it’ll continue to rise
Big boom today will it stay ascending plateau or drop what do u guys think?
r/GMGI • u/Mom_007 • Dec 17 '24
Company News GMGI Golden Matrix group- is there an update?
Does anyone know why gmgi is tanking in December 2024?
r/GMGI • u/StockKnight • Aug 25 '24
GMGI
Let's go BRAZIL! $GMGI just met the requirements and had their license application accepted by the largest gaming powerhouse in Latin America - Brazil. They are estimated to be one of the top 5 markets in the world and expected to reach close to US$5 billion annual rev in the next five years. Their application deadline was August 20th. It is a Federal License so it will allow gaming across the entire country unlike the US where each state needs approval. $GMGI/#Meridianbet which already has operations set up in Brazil was number 86 out of 113 total applicants with 50 accepted the 20th - deadline day. Originally 134 companies expressed interest but after the final set of regulations were released this month, including a required local headquarters, 20% share capital with a Brazilian National holding, min reserve of about $1mil US and close to a $6 million license fee many failed to meet the deadline. $GMGI, submitting in this first round, is now guaranteed their license will be processed by Jan 2025. What a crazy exciting time for $GMGI that just acquired #Meridianbet Group. Combined, their first qtr together they pulled close to $40 million have so many new B2B & B2C rev streams as well as sitting on $40mil cash. Not only are they licensed and operating in over 17 territories and growing fast w/new licenses in Peru, Africa and now Brazil on deck, they operate almost 800 betshops. MexPlay is now rolled out and growing users ahead of schedule. $GMGI's newly acquired Expanse studios (90% of companies must pay for their content) is kicking ass, winning awards and has now secured a Bulgarian iGaming license and working on entrance to US via New Jersey. RKings rev has almost doubled in just a few years since the acquisition to apx $20mil rev. $GMGI just announced yet another cash pos acquisition. They purchased a controlling stake (80%) of a leading Australian lotto/raffle company called CFAC -Classics For A Cause that already generates $10mil in rev and about $2mil profit for a price of about 5x profit. They used 70% cash and 30% shares. I love that $GMGI lets each team responsible for their companies success continue to grow it with "skin in the game" (shares) as motivation. In RKings case it is Mark Weir thats doubled the rev under $GMGI. CEO Zoran Milosevic grew Meridianbet over 24 years to what it is today with NO BORROWED MONEY. This latest Australian acquisition has the founder Thomas Bailey at the helm and he is expected to do what Weir has done with RKings. Bailey has played a pivotal role establishing over 14 start ups and will add a lot to the $GMGI team with his history of success in marketing and growth strategies in a industry sector boasting a forecasted 9.5% CAGR 2024-28. It is incredibly difficult to find a potential multi-bagger and early pre-institution micro/smalls are about the only place left retail has an edge over pros. Try to find an actionable micro/small-cap idea that is rapidly growing and profitable. It is even harder to find one with very little debt and not diluted to dust. Now add the security of multiple B2B and B2C revenue streams in multiple countries with a moat of huge regulatory red tape and barriers to entry. Personally I like large insider ownership or "skin in the game" (a full 85% of shares are tied up by insiders leaving a small 15-20mil float), a protective share structure and financially conservative no-hype CEO. CEO Goodman has brought $GMGI from a less than $1mil rev to over $140mil rev in under 5 yrs. Personally I see massive tailwinds in the sector as every country seems to be fast tracking online gaming legislation to obtain the tax revenue to address government debt. I see the future of Bitcoin and know over 50% of BTC transactions are online gaming. IMO, $GMGI share price has recently been crushed as someone shot the short interest in $GMGI to over 1 mil shares. This sucks short term but has nothing to do with metrics and has provided an exceptional entry point sub $3. #Meridianbet as well was these other companies has just begun their partnerships with $GMGI and I see the synergy and cross marketing potential of a global powerhouse that will continue to expand for many years to come. I am NOT an advisor, I own $GMGI and this information is just my opinion. Open to corrections and feedback as always. (M.Colin)
r/GMGI • u/StockKnight • Jun 24 '24
Golden Matrix Unit Meridianbet Gets Sports-Betting License in South Africa
Golden Matrix Group ($GMGI) said Thursday its Meridianbet Group unit received a sports-betting license in South Africa from the Western Cape Gambling and Racing Board.
Meridianbet also received a manufacturer license that allows it to license its proprietary sports-betting software within the Western Cape region, Golden Matrix said.
The licenses effectively allow the company to operate online sports betting in South Africa.
r/GMGI • u/StockKnight • May 09 '24
Yesterday's Fireside interview with Brian and Zoran
r/GMGI • u/StockKnight • Apr 29 '24
Company Discussion Join Fireside with CEO of Golden Matrix Group May 8 at 9:30AM ET
IPO Edge and the Palm Beach Hedge Fund Association will be hosting a fireside conversation with Golden Matrix Group (Nasdaq: GMGI) on May 8th at 9:30 AM ET. The discussion will cover GMGI and MeridianBet’s achievements, their plans to enhance shareholder value, the acquisition of MeridianBet, and the potential of the merged company. The session, lasting around 60 minutes, will feature GMGI’s Co-Founder and CEO Brian Goodman, along with MeridianBet’s CEO Zoran Milosevic. The conversation will be moderated by IPO Edge Editor-in-Chief John Jannarone and Editor-at-Large Jarrett Banks, with an opportunity for audience participation.
Register here: https://us06web.zoom.us/webinar/register/WN_zK2YqDpFQJqL0XKjLguARw#/registration
r/GMGI • u/StockKnight • Apr 23 '24
Daily +13.5% Weekly +55% Monthly +16% 3 monthly +51% Yearly +75%
r/GMGI • u/StockKnight • Apr 21 '24
GMGI ring NASDAQ opening bell
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r/GMGI • u/StockKnight • Apr 19 '24
https://www.linkedin.com/posts/meridianbet-com_meridianbet-group-joins-nasdaq-capital-market-activity-7187105979434524672-wTA_?utm_source=share&utm_medium=member_android
r/GMGI • u/StockKnight • Apr 18 '24
🎶
In the world of gaming, a tale unfolds, Golden Matrix Group, watch as it moulds. MeridianBet Group, now in its clutch, A deal so grand, it's worth $300 million, such!
Oh, what a merger, a powerhouse so bright, With sales soaring high, reaching for the light. Ebitda's expected, in twenty-twenty-five, This new company's set, to make our spirits thrive!
Across fifteen markets, it now roams, In Serbia, Montenegro, and beyond the known. From Mexico to Peru, it's spreading its wings, Oh, the joy it brings, as the revenue sings!
Oh, what a merger, a powerhouse so bright, With sales soaring high, reaching for the light. Ebitda's expected, in twenty-twenty-five, This new company's set, to make our spirits thrive!
With tech so grand, it scales with ease, Proprietary wonders, setting minds at ease. Empty Bet, a new sensation, Customized bets, fueling elation!
Oh, what a merger, a powerhouse so bright, With sales soaring high, reaching for the light. Ebitda's expected, in twenty-twenty-five, This new company's set, to make our spirits thrive!
Led by Goodman, a man of might, With decades of gaming, he leads the flight. Onward they go, with M&A in sight, This company's future, oh, what a sight!
r/GMGI • u/StockKnight • Apr 12 '24
The GMGI Acquisition of Meridianbet Receives High Praise from IPO Edge
Strike Gold with GMGI and MeridianBet’s Global Gaming Powerhouse
https://ipo-edge.com/strike-gold-with-gmgi-and-meridianbets-global-gaming-powerhouse/
r/GMGI • u/sadikunqq • Apr 07 '24
AKARTOTO - SITUS SLOT MAHJONG GAMPANG SCATTER HITAM
r/GMGI • u/StockKnight • Apr 06 '24
Meridianbet: Revolutionizing the Betting Industry with Unique Proprietary Tech
In the fast-paced world of online betting, Meridianbet stands out as a powerhouse, driven by innovative proprietary technology and an unwavering commitment to user experience. With a staggering 57,400 pre-match and 53,257 live betting opportunities monthly, totaling an impressive 681,084 matches in 2023 alone, Meridianbet has firmly established itself as a leader in the industry.
One of the key features setting Meridianbet apart from its competitors is its revolutionary "Empty Bet" option. Distinguishing itself from conventional betting platforms, the Empty Bet feature offers unparalleled customization options. While traditional bet builders enable customers to amalgamate selections from various events or markets within a game, Empty Bet elevates this concept. It empowers users to propose their distinct wager ideas, provided they adhere to legal, ethical, and industry standards. This innovation has not only attracted a loyal user base but has also cemented Meridianbet's reputation as a trailblazer in the industry.
The recent announcement of Meridianbet's acquisition by the Golden Matrix Group Inc. ("GMG") (NASDAQ: GMGI) marks a significant milestone in the company's journey. This acquisition heralds a new chapter of expanded innovation and global presence, as Meridianbet joins forces with GMG to further enhance its technological capabilities and reach new markets around the world.
At the heart of Meridianbet's success lies its unwavering commitment to user experience. With zero-compromise over UX, the company ensures that every interaction with its platform is seamless, intuitive, and enjoyable for users. This dedication to excellence has not only earned Meridianbet a loyal following but has also propelled it to the forefront of the industry.
Moreover, Meridianbet operates with a high level of ethical code, placing integrity and transparency at the forefront of its operations. This commitment to ethical standards has earned the trust and respect of users and regulators alike, further solidifying Meridianbet's position as a trusted and reliable betting platform.
In addition to its cutting-edge technology and ethical standards, Meridianbet places a strong emphasis on mobile app stability and speed. Recognizing the importance of mobile access in today's digital landscape, the company has invested heavily in optimizing its mobile app to deliver lightning-fast performance and unrivaled stability, ensuring that users can enjoy a seamless betting experience wherever they are.
With a presence in over 15 markets worldwide, Meridianbet continues to expand its global footprint and reach new audiences. By leveraging its innovative technology, unwavering commitment to user experience, and high ethical standards, Meridianbet is poised to remain a dominant force in the betting industry for years to come.
Overall, Meridianbet's success story is a testament to the power of innovation, commitment, and integrity. By pushing the boundaries of what's possible in the betting industry and prioritizing the needs of its users above all else, Meridianbet has carved out a unique position for itself as a leader and innovator in the field. As it embarks on this new chapter of growth and expansion with the support of GMGI, the future looks brighter than ever for Meridianbet and its loyal community of users.
r/GMGI • u/sadikunqq • Apr 03 '24
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r/GMGI • u/sadikunqq • Apr 03 '24
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r/GMGI • u/StockKnight • Mar 20 '24