Golden Matrix Group Inc. (NASDAQ: GMGI) Primed for Online Gambling Explosion in U.S.
$5,000 Welcome Bonus
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premiumhere.
- Since the federal government stepped out of the way with laws, 6 states so far have legal online casino games, with 3 already topping $1.0 billion in annual revenue
- Las Vegas-based Golden Matrix Group has built a robust platform it customizes and white labels to international casino operators providing access to over 10,000 games
- Well-suited to curate systems for American operators, Golden Matrix has experienced a surge in sales in 2022 from its Asia-Pacific customers
Americans have always embraced gambling, but it has only been in the last decade or so that they had any ease of access outside of traveling to Las Vegas, New Jersey, or a tribal casino. The Department of Justice changed that in 2011 with a new opinion on how the federal government interpreted the Wire Act, opening the door to internet-based casinos. Sports betting remained verboten until 2018 when the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act (“PASPA”) legalizing sports betting at the federal level too.
Only a handful of years into implementing regulations, the market is thriving with plenty of room for growth for companies in the B2B (business-to-business) space as operators fight to win and retain customers with engaging games. That plays right into the hands of…
NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI
About TinyGems
TinyGems is your guide to the best and brightest in the under-appreciated small-cap sector. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), TinyGems provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. It’s time to uncover some of the best-kept secrets on Wall Street. TinyGems features innovative small-cap companies with huge potential, putting a spotlight on the best and brightest of these disruptors that have the technology, the talent, the drive, and the business models to make a huge impact in the markets and in portfolios. Whether it’s a game changing technology, a new more profitable product or service, or a star in a hot sector, TinyGems is the go-to source for actionable intelligence.
To receive SMS text alerts from TinyGems, text “Gems” to 844-397-5787(U.S. Mobile Phones Only)
Please see full terms of use and disclaimers on the TinyGems website applicable to all content provided by TinyGems, wherever published or re-published: https://www.TinyGems.net/Disclaimer
TinyGems Los Angeles, California www.TinyGems.net 310.299.1717 Office
TinyGems is part of the InvestorBrandNetwork
