Golden Matrix Group has crafted a comprehensive plan to broaden its engagement with the Canadian online gambling industry. This initiative follows a successful fiscal year in 2022, which equipped the gaming technology firm for substantial growth.
According to the financial figures released from the previous year, the online gaming operator reported a remarkable 219% growth in its annual revenue, soaring from C$15.2 million in 2021 to C$48.3 million, marking a substantial increase.
Additionally, Golden Matrix emphasized that its recent acquisition deal with MeridanBet Group would further enhance its market presence. This strategic move will enable the company to provide its B2C and B2B product offerings across various regions, including Canada . Completion of this agreement is anticipated in the first half of the year.
Comments from Golden Matrix's CEO
Brian Goodman, the Chief Executive Officer of Golden Matrix , mentioned that the past year had proven to be beneficial for the organization. He highlighted how the rise in expenses and the investments made into B2C and B2B platforms have strategically positioned the company for ongoing revenue growth.
He concluded by mentioning that they are consistently and systems to meet the needs of millions of players and maintain their competitive edge in the international gambling market.
About Golden Matrix Group
Golden Matrix Group delivers software solutions specifically for operators managing online casinos and sportsbooks. The company develops gaming platforms for customers in Europe and the Asia-Pacific region.
The firm aids gaming operators by facilitating the operation of sportsbooks, online casinos, and live gaming experiences – all while granting them access to a vast array of licensed gaming content from leading software providers .
Once their expansion plan is activated, the operator intends to provide these services to Canadian online casino operators.
Great Software Providers to Expect
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