Golden Matrix Group, a developer and licenser of social gaming platforms, systems and gaming content, has reported that Q3 revenues are currently on track to achieve $1.46m, which would represent a 40 per cent increase on revenues in the previous quarter.
According to CEO Brian Goodman: “Momentum continues to improve as we sign up more casino operators in the Asia Pacific region and increase our user base, which has grown to 3.5 million registrants, up 133 per cent percent on the 1.5 million registrants reported at the end of calendar 2019.
"We are pleased with this steady progression in our core business and expect it to continue as operators recognise the ongoing need to strengthen their online presence.”
Additionally, Goodman said the company, with a strong balance sheet and recurring quarterly profits, is now positioned to engage in expansion activities that further increase GMG’s market share in the APAC region, as well as enable the company to expand into new vertical markets.
“We are currently in negotiations with some very successful companies in the gaming space and expect to soon announce several partnerships and transactions that can accelerate profitable growth, expand the Golden Matrix brand and improve shareholder value.”
