Golden Matrix Group Inc

Golden Matrix Group Inc

Golden Matrix Group, Inc. is a business-to-business (B2B) and business-to-customer (B2C) gaming technology company operating across multiple international markets. The Company operates online sports betting, online casino, and gaming operations in approximately 15 jurisdictions across Europe, Africa and Central and South America. It is a provider of enterprise software-as-a-service (SaaS) solutions for online casino operators and online sports betting operators, commonly referred to as iGaming operators. The Company operates through three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The B2B division of the Company develops and licenses proprietary gaming platforms for its list of clients and RKingsCompetitions Ltd. (RKings). The B2C division operates an e-commerce 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.

Stock Performance Snapshot

Strong Buy

Analyst Rating

Analysts highly recommend buying Golden Matrix Group's stock with a target price of $3, indicating significant growth potential.

Above Average

Financial Health

Golden Matrix Group Inc shows strong revenue and profit generation, with healthy cash flow and margins.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Published: July 14, 2025

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Why You’ll Want to Watch This Stock

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Small-cap volatility

Market capitalisation near $137m can mean larger price swings and lower liquidity; investors should expect volatility and wider spreads.

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Regulatory sensitivity

Online gaming businesses face differing rules by jurisdiction; regulatory shifts can materially affect revenue and operations.

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Operational execution

Growth may hinge on product execution and partnerships, but competition and execution risk can weigh on resultsβ€”do your due diligence.

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