IBN (InvestorBrandNetwork) announces the latest episode of The
LOS ANGELES, June 21, 2022 (GLOBE NEWSWIRE) — via InvestorWire — IBN (InvestorBrandNetwork), a multifaceted communications organization committed to connecting public companies to the investment community, is pleased to announce the release of the latest episode of The Bell2Bell Podcast as part of its continued efforts to provide specialized content distribution through large-scale syndication channels.
The Bell2Bell Podcast offers informative updates and exclusive interviews with leaders operating in rapidly changing industries. Bell2Bell’s latest podcast features Brian Goodman, CEO of Golden Matrix Group Inc. (NASDAQ: GMGI), a gaming technology company.
Throughout the interview, Goodman discussed Golden Matrix’s business model, which includes both B2B and B2C operations.
“Our core business is B2B. We build gaming systems and provide gaming content to licensed online gaming operators,” said Goodman. “We do this in several ways. We can either provide the modules – marketing modules, customer retention, customer acquisition – or provide a complete turnkey solution. In this way, we help people operating in a physical environment to transition or grow their business by going online. It is our expertise. While we have traditionally focused on the Asia-Pacific region, we are now expanding into other global jurisdictions.
“We also have a B2C activity. We recently acquired a very strong business in the UK. It is a tournament business much like a raffle or lottery. It contains high value items – motor vehicles, homes, vacation apartments and technology,” he continued. “We offer these items as prizes and people buy tickets, between £1 and £25, and we have regular raffles for these items. It’s a very successful business that we have. In fact, when we bought it, it was about twice the size of our existing business, and we plan to roll it out in other jurisdictions. We have applied for a gaming license in Mexico and hope to be able to launch this product in Mexico and other jurisdictions.
Brian Goodman then provided more details on the company’s core B2B business.
“The core business operates on a SaaS-type model. We charge for the use of our software. In the world of casinos, we charge a fee on casino activity. When we build a turnkey solution, for example, the operator pays us a royalty on the casino’s net winnings,” Goodman added. “If his games generate $1 million and we charge a 10% royalty, we get $100,000. As the gaming operator grows, we grow. Right now, we have more of 500 unique casino operations on our system and over seven million players It is a strong, proven company and a go-to product for the items we offer, including marketing and other products related to games.
Join IBN’s Stuart Smith and Brian Goodman, CEO of Golden Matrix Group Inc. (NASDAQ: GMGI), to learn more about the company’s leadership team, as well as its recent milestones and operational goals for the remainder of 2022 and beyond.
To listen to the episode and subscribe to future podcasts, visit https://podcast.bell2bell.com.
The last opus of The Bell2Bell Podcast continues to reinforce IBN’s commitment to expanding its strong network of brands, customer partners, followers and growth IBN Podcast Series. For more than 15 years, IBN has leveraged this commitment to provide unparalleled distribution and enterprise messaging solutions to 500+ public and private companies.
To learn more about IBN’s accomplishments and milestones via a visual timeline, visit: https://IBN.fm/TimeLine
About Golden Matrix Group Inc.
Golden Matrix Group, based in Las Vegas, Nevada, is an established gaming technology company that develops and owns online gaming intellectual property and builds configurable and scalable white label B2B gaming platforms for its global clients, located primarily in the Asia-Pacific region. Game IP includes marketing, acquisition, retention, and user monetization tools. The company’s platform is accessible through desktop and mobile apps. Through its 80% majority stake in UK-based RKings Competitions Ltd., Golden Matrix also generates revenue from RKings’ scalable B2C tournament platform. For more information, visit the company’s website at www.GoldenMatrix.com.
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain because they are based on current expectations and assumptions regarding future events or the future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating these statements, potential investors should carefully consider the various risks and uncertainties identified in this release and the matters set forth in the company’s filings with the SEC. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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