Golden Matrix Group
GMGI
Market cap $262M

1.61 USD

-0.07

4.17%

At close Jun 13, 4:00 PM EDT

After hours

1.61

+0.00

0.00%

1 day

-4.17%

5 days

-16.15%

1 month

-7.47%

3 months

-19.90%

6 months

-21.84%

Year to date

-21.46%

1 year

-50.15%

5 years

-81.41%

10 years

-81.41%

About: Golden Matrix Group Inc is an established gaming technology company. The company develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers. The company operates in three reportable segments; MeridianBet Group, GMAG, RKings & CFAC. The MeridianBet Group segment earns majority revenue. The company operates in UK, Europe, Asia Pacific, Central and South America, Australia and Africa. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, GM-AG, and others.

Employees: 1,200

Communication Services Electronic Gaming & Multimedia

0

Funds holding %

of 7,296 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

31% more call options, than puts

Call options by funds: $34K | Put options by funds: $26K

17% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 12

5% more funds holding

Funds holding: 43 [Q4 2024] → 45 (+2) [Q1 2025]

1% more capital invested

Capital invested by funds: $6.68M [Q4 2024] → $6.74M (+$64.2K) [Q1 2025]

0.03% less ownership

Funds ownership: 2.62% [Q4 2024] → 2.59% (-0.03%) [Q1 2025]

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Research analyst outlook

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

See Analyst Rankings

Financial journalist opinion

Based on 8 articles about GMGI published over the past 30 days

On World Blood Donor Day, Meridianbet Turns Its Annual Employee Drive into a Global CSR Tradition

Meridianbet marks World Blood Donor Day by expanding its annual employee-led blood drive into a global CSR tradition, reinforcing its long-term commitment

On World Blood Donor Day, Meridianbet Turns Its Annual Employee Drive into a Global CSR Tradition

Meridianbet Seals Sponsorship Deal with Aquatic Sports Association of Malta (ASA)

Two-year agreement expands Meridianbet and Golden Matrix's (GMGI) sports sponsorship portfolio across regulated European markets Two-year agreement expands Meridianbet and Golden Matrix's (GMGI) sports sponsorship portfolio across regulated European markets

Meridianbet Seals Sponsorship Deal with Aquatic Sports Association of Malta (ASA)

Golden Matrix Group Initiation: Strong Buy On Brazil Expansion And Raffle Growth

We initiate on Golden Matrix with a Strong Buy rating, driven by accelerating growth in Brazil and the hyper-growth Raffle segment, underappreciated by the market. Our implied valuation of USD$8 per share is based on a 4x forward EV/Sales multiple on our FY26E revenue estimate, suggests 362% upside. We estimate FY25E revenue of $205mn and FY26E revenue of $260mn, significantly above consensus.

Golden Matrix Group Initiation: Strong Buy On Brazil Expansion And Raffle Growth

GMGI Insider Buying: Group CFO Picks Up 10,000 Shares

Las Vegas, Nevada--(Newsfile Corp. - May 30, 2025) - Golden Matrix Group Inc. (NASDAQ: GMGI), a global provider of iGaming and sportsbook technology, announced an insider purchase of 10,000 GMGI shares at $1.36 per share, as disclosed in a recent SEC Form 4 filing dated May 27, 2025. To view the full announcement, including downloadable images, bios, and more, click here.

GMGI Insider Buying: Group CFO Picks Up 10,000 Shares

Argus Research Reaffirms $200M 2025 Revenue Forecast for Golden Matrix (GMGI)

Las Vegas, Nevada--(Newsfile Corp. - May 23, 2025) - Argus Research has issued an updated equity research report about Golden Matrix Group Inc. (NASDAQ: GMGI), reiterating its fair value estimate for GMGI shares. The report highlights significant upside potential relative to current trading levels and forecasts continued revenue growth and operational expansion across key global markets.

Argus Research Reaffirms $200M 2025 Revenue Forecast for Golden Matrix (GMGI)

A Quiet Green Revolution of Meridianbet (Golden Matrix Group): 80 Sustainability Projects in Q1 2025 Only

A Public Company's Grassroots Approach to Ecology and Sustainability A Public Company's Grassroots Approach to Ecology and Sustainability

A Quiet Green Revolution of Meridianbet (Golden Matrix Group): 80 Sustainability Projects in Q1 2025 Only

Top 3 Tech And Telecom Stocks That May Rocket Higher This Month

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Top 3 Tech And Telecom Stocks That May Rocket Higher This Month

Expanse (GMGI) Completes Multiple U.S. Integrations and Launches New Flagship Slot

Las Vegas, Nevada--(Newsfile Corp. - May 16, 2025) - Expanse Studios, the proprietary B2B game development unit of Golden Matrix Group Inc. (NASDAQ: GMGI), has successfully completed multiple new integrations across U.S.-focused social and sweepstakes casino platforms, alongside the official release of its newest flagship title, Gates of Olympia. To view the full announcement, including downloadable images, bios, and more, click here.

Expanse (GMGI) Completes Multiple U.S. Integrations and Launches New Flagship Slot

Meridianbet (GMGI) Highlights 2024 Achievements Ahead of Full ESG Report Release

Valletta, Malta--(Newsfile Corp. - April 22, 2025) - Meridianbet, a leading global sports betting and iGaming operator, part of the Golden Matrix Group (NASDAQ: GMGI), is pleased to share key ESG milestones from 2024, offering a preview of the year marked by high-impact community engagement, technology-driven operations, and disciplined resource use. The full ESG report is set for release in the coming weeks.

Meridianbet (GMGI) Highlights 2024 Achievements Ahead of Full ESG Report Release

Meridianbet (Golden Matrix) Highlights 2024 Achievements Ahead of Full ESG Report Release

VALLETTA, Malta, April 22, 2025 (GLOBE NEWSWIRE) -- Meridianbet, a leading global sports betting and iGaming operator, part of the Golden Matrix Group (NASDAQ: GMGI), is pleased to share key ESG milestones from 2024, offering a preview of the year marked by high-impact community engagement, technology-driven operations, and disciplined resource use. The full ESG report is set for release in the coming weeks.

Meridianbet (Golden Matrix) Highlights 2024 Achievements Ahead of Full ESG Report Release

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