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TechMediaBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Reports Filing of Key Financial Statements Related to Meridianbet Acquisition

Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, has filed pro forma financial statements with the U.S. Securities and Exchange Commission (“SEC”) in conjunction to its recent acquisition of the Meridianbet Group. The statements reflect the combination of the financial results of Golden Matrix and Meridianbet for the year ended Dec. 31, 2023, as well as the first quarter of 2024. According to the report, the two companies together had total pro forma sales of $137 million and a gross margin of 57% in FY 2023, reflecting strong market expansion and operational efficiency. For Q1 2024, numbers show total combined revenue of $36.69 million with a gross margin of 57.41% and combined net income of $2.06 million. MeridianBet is a well-established online sports betting and gaming group, licensed and currently operating in 16 jurisdictions across Europe, Africa and South America. “These results highlight significant growth in key financial metrics and robust operational performance, underscoring the successful integration of Meridianbet as a subsidiary and the strategic synergies realized from this acquisition,” stated the company in the press release. 

To view the full press release, visit

About Golden Matrix Group Inc.

Golden Matrix Group, based in Las Vegas, Nevada, is an established business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients, and RKings, its B2C division, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The company also owns and operates MEXPLAY, a regulated online casino in Mexico. The company’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit

NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at

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