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.

Casino Guru, the world’s leading online casino resource, is excited to announce its strong presence at ICE 2025. Representatives from the company’s Safer Gambling, Affiliate, Data, and Public Relations teams are set to attend the event, which will take place at the Fire Barcelona Gran Via on January 20, 2025.

Casino Guru’s Public Relations team will play a pivotal role at ICE 2025, establishing Casino Guru’s presence and showcasing industry-defining initiatives that have earned widespread recognition over the years.
The team will provide insights into the success of the Casino Guru Awards and Casino Guru News, now in their third and fourth year respectively, and how these projects continue to set robust standards for industry excellence guided by the PR department.

Casino Guru’s PR and External Relations Lead, Daniela Sliva and her team will be available at the Casino Guru News booth (#MC29 Level 0), with Casino Guru News also a proud media sponsor of ICE and iGB 2025, which have sold out and are set to feature more than 1,000 exhibitors from 118 countries on 112,000 sq mt of floor space.

From this dedicated platform, the PR team will meet with current and prospective partners to discuss collaborative opportunities for Casino Guru News and other projects spearheaded by Silva and her team. At the same time, Casino Guru News will conduct interviews with key stakeholders, engage with decision-makers, and record video sessions to bring the excitement and atmosphere of ICE 2025 to readers of the publication.

The PR team will be present to answer any questions about the projects and highlight the team’s most recent accomplishments. This is an invaluable opportunity for potential partners and journalists to find out more about Casino Guru’s impactful contributions to the industry and the company’s unfaltering commitment to innovation.

In the Sustainable Gambling Zone, Casino Guru will be represented by Šimon Vincze, Head of Sustainable & Safer Gambling at booth #SG1 Level 0. For the third consecutive year, Casino Guru will exhibit its Global Self-Exclusion Initiative (GSEI), which has made significant strides, including a new partnership with BetBlocker and the addition of a blocking tool on the homepage to help at-risk players.

Casino Guru will also highlight the progress of its Self-Exclusion Standards project, which recently completed its consultation process with 62 valid responses out of 119 contributions. A final workgroup meeting will provide guidance and recommendations for online self-exclusion.

The exhibition floor will also be joined by the Data and Affiliate Teams which will be present to share their unique insights into the industry, leveraging the Casino Guru brand and bringing relevant scoops directly to interested stakeholders.

The teams will attend the casino floor to explore new and existing opportunities and specifically meet with casinos featured on the Safety Index and in the Casino Guru’s database to discuss how brands may improve their ratings, and what they need to do to achieve a robust industry standard for excellence, player protection, and player trust.

Casino Guru is dedicated to promoting sustainable gambling practices, forging partnerships through its affiliate and media teams, strengthening industry relationships via its public relations team, and showcasing the highly successful and continuously evolving Casino Guru Awards format. The company looks forward to sharing its initiatives with the industry at ICE 2025.

Spinomenal, the leading iGaming content provider, has increased its presence in the regulated Italian market by signing a new content agreement with the leading operator, Betflag.it, part of the esteemed Italian giant GBO Group.

Spinomenal’s wonderful array of slot games will help raise Betflag’s online casino offering to new heights. The games are being added to the online casino suite via Light & Wonder’s OpenGaming™ platform. Some of the titles now seamlessly available for Italian players include Book of Rebirth, Queen Of Fire, Times of Egypt, Dark Wolf and WildFire Fruits.

Lior Shvartz, CEO for Spinomenal commented: “Italy remains a core region within our regulated market expansion strategy and we couldn’t be happier to team up with Betflag. Our games complement Betflag’s entertainment philosophy perfectly.”

Laviero Saganeiti, Casinò Project Manager for Betflag added: “Spinomenal arrives on BetFlag with a wide portfolio of games that add to our already enviable offer. We are looking forward to verifying the approval that is going to rack up the games, confident that they will be appreciated by our customers.”