In this context, the company presented in its recent report progressive data in its last quarterly report of 2024. In addition, the company presented at the ICR 2025 Conference, a record of growth of 61% compared to the previous year, reaching US$ 150 million. It is worth noting that, for 2025, the organization has consolidated revenues of US$ 163 million, which further stimulates its expansion in the area.
Thus, it is important to note that several large institutional investors have increased their positions, while new investors have also acquired stakes in the company, indicating strengthened institutional support. The records take into account the group's way of operating by strengthening itself in regulated countries and with security to operate, which ensures operational stability, confidence and continuous operations.
Another factor that accelerates Golden Matrix Group's growth is its attention to large-scale expansion, in which it is present in more than 18 countries with six companies that help create competitive advantage and has a unique ecosystem of operation. Among the subsidiaries, Meridianbet and Expanse Studios are the best known.
Follow the reading below and understand more about Golden Matrix Group's growth and expectations for 2025.
About Golden Matrix Group
Golden Matrix Group (GMGI) is an established B2B and B2C gaming technology company that operates in several international markets, being a leader in casinos, sports betting and other entertainment branches.
For better idea, its B2B division focuses on the development and licensing of proprietary gaming platforms, while its B2C operations provide betting and gaming services in more than 19 regulated countries, operating in markets in Europe, America and Africa.
The companies that are part of the Golden Matrix Group operate in different areas of the same niche. In this context, Expanse Studios appears as an organization specializing in high-quality slots, crash games, table games, and gamified casino experiences.
In this way, it provides games adapted for regulated markets, sweepstakes platforms and social casinos, with more than 55 proprietary games.
Meridianbet is a group focused on sports betting and B2B and B2C casino games with its own technology and scalable systems, with more than two decades of experience in the sector.
Other companies that are part of the group's ecosystem are: Mexplay in South America, Rkings in the United Kingdom and Classics for a Cause in Australia. This presents a scenario of great optimism for investors to continue to be a reference in regulated markets.
Fourth quarter 2024 figures
With high growth numbers compared to the third quarter of 2024, Golden Matrix Group reported in its recent report a positive surge in institutional investors. Check out the main ones below:
* RHUMBLINE ADVISERS led with a 391% increase, adding 84,749 shares for a total of 106,449 shares;
* GOLDMAN SACHS GROUP INC increased 180%, adding 52,649 shares to reach 81,961 shares;
* JPMORGAN CHASE & CO increased its holdings by 180%, adding 32,685 shares for a total of 50,819 shares;
* GEODE CAPITAL MANAGEMENT, LLC increased by 14%, acquiring an additional 78,427 shares for a total of 623,498 shares
* BlackRock, Inc. increased its stake by 3%, adding 33,792 shares to reach a total of 1,197,830 shares
* Vanguard Group Inc added 5,936 shares to its equity, an increase of 1%, now holding 491,811 shares.
Among the new investors, Golden Matrix Group now has the participation of Squarepoint Ops LLC, which acquired 42,365 shares and SG Americas Securities, with 13,990 shares. In addition, BNP PARIBAS FINANCIAL MARKETS and NewEdge Advisors have also joined as new institutional backers.
With continued growth in operations in regulated markets, a strategic presence in multiple regions, and the support of an ecosystem of robust subsidiaries, GMGI is well-positioned to continue its expansion into 2025 while maintaining its commitment to investors and customers in innovation and operational excellence.
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www.goldenmatrix.com
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Source: GMB
