Golden Matrix (NASDAQ: GMGI), a leading international developer and licensor of online gaming platforms, systems and gaming content, is making progress in its efforts to expand its market presence. Specifically, the company is reporting on its anticipated entry into the U.S. iGaming market, which involves GMGI subsidiary Expanse Studios applying for a New Jersey Casino Service Industry Enterprise license; Expanse Studios specializes in the production and distribution of iGaming content. In addition, Golden Matrix is in discussions with several New-Jersey-based licensed gaming operators with the objective of serving as a B2B provider of content after the licensing process is finalized and necessary approvals are obtained. The company also plans to apply for additional licenses and servicing operator agreements in states where iGaming has been regulated.

According to the announcement, Expanse Studios has also secured an iGaming license for the Bulgarian market and is actively pursuing licenses in Croatia and Romania. GMGI’s recently acquired subsidiary, Meridianbet, is also working to implement its brand in key markets, including Brazil, Peru and South Africa.

To view the full press release, visit https://ibn.fm/wu8OE

About Golden Matrix Group Inc.

Golden Matrix Group is a leading business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company utilizing proprietary technology and operating globally across multiple international markets. The B2B division of Golden Matrix develops and licenses branded gaming platforms for its extensive list of clients, and RKings, its B2C division, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. Founded in 2001 and acquired by Golden Matrix in April 2024, Meridianbet Group is a well-established online sports-betting and gaming group, licensed and/or currently operating in 17 jurisdictions across Europe, Africa and South America. Meridianbet’s successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omni-channel approach to markets, including retail, desktop online and mobile. For more information about the company, visit www.GoldenMatrix.com.

NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

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