Latest News
Golden Matrix Group Reports $150M Preliminary FY 2024 Consolidated Revenue Guidance

Golden Matrix Group, Inc., a leading provider of innovative gaming and technology solutions, today announced preliminary revenue estimates of $150 million for the fiscal year ended December 31, 2024, a 61% year-over-year increase over FY 2023 revenues of $93 million.
On a pro forma basis, assuming the consolidation of both Golden Matrix Group and its subsidiary Meridianbet, the combined revenues for FY 2024 would have been approximately $163 million.
In April 2024, Golden Matrix Group completed the acquisition of Meridianbet, whereby Meridianbet became the accounting acquirer. In accordance with GAAP and SEC rules, the reported 61% growth reflects performance against Meridianbet’s FY 2023 revenues as the baseline, and as a result of these accounting principles GMGI revenues for Q1 2024 will not be included in the revenues for 2024.
Preliminary Revenue Highlights – Geographical Revenue Split
- Americas: $5.08 million (3.36%)
- K.: $21.29 million (14.06%)
- Australia: $4.61 million (3.05%)
- Europe (Excluding U.K.): $89.78 million (59.34%)
- Asia: $17.86 million (11.80%)
- Africa: $12.61 million (8.33%)
The FY 2024 results were underpinned by:
- Strong performance across key markets
- An expanded portfolio of sports and iGaming offerings, including the launch of a series of AI-driven products
- Strategic market entries in South Africa, Peru and Australia, further diversifying the Company’s global footprint
These preliminary results are subject to finalization and audit. Golden Matrix Group plans to release its full audited financial results for FY 2024 in March 2025.
-
Compliance Updates7 days ago
Konami Gaming Awarded Gaming-related Vendor License in the UAE
-
Australia7 days ago
VGCCC Fines Werribee RSL for Self-exclusion Failures
-
Australia7 days ago
ACMA: ReadyBet Breaches Gambling Self-exclusion Rules
-
Latest News7 days ago
Top 5 Igaming Solutions For Fast Start in 2025 — SBSB Fintech Lawyers Recommends
-
Latest News7 days ago
Bety Casino Launches New Premium Platform with Trusted Licensing, Instant Crypto Withdrawals, and Elite Gaming
-
eSports3 days ago
2025 PUBG MOBILE World Cup Survival Stage set to determine Grand Finalists
-
Latest News7 days ago
Superbet Becomes New Main Sponsor of Jagiellonia Białystok
-
eSports7 days ago
Esports Charts Becomes Official Viewership Analytics Partner of StarLadder Budapest Major 2025