Golden Matrix Group has announced that it expects to end its third quarter, which completes on July 31, with revenues in excess of $10m.
If correct, this would make it the third consecutive quarter in which the company hit that figure.
The company claimed to be benefitting from, among other things, technology upgrades at RKings in Q2 to accommodate larger numbers of tournament participants which resulted in improved offerings, as well as a good return on Mexplay, the company’s B2C online casino in Mexico which launched in February.
“In addition to benefitting from operational improvements in each of the company’s business units during the quarter, we have made excellent progress with the due diligence process of the MeridianBet Group; and we now have multiple offers of funding that will help secure the financing required to complete the acquisition," said Golden Matrix CEO Brian Goodman.
“We remain confident that GMGI, with its growing internal strength and the pending MerdianBet acquisition, is on the cusp of transforming into not only a diverse and profitable gaming company, but also one that has considerable scale and extensive global representation.”
