Golden Matrix Gets the Green Light for Nasdaq Listing

## Golden Matrix Gets the Green Light for Nasdaq Listing – Leadership – iGB

The virtual sports and gaming company Golden Matrix has been given the go-ahead to list its ordinary shares on the Nasdaq Stock Market in the United States.

**Golden Matrix Gets the Green Light for Nasdaq Listing**

The approval was granted on March 16th, and the provider stated it anticipates its stock to commence trading on Nasdaq on March 17th.

Golden Matrix’s ordinary shares will trade under the ticker symbol “GMGI”.

The listing approval comes after Golden Matrix earlier this month announced record quarterly earnings of $8.6 million (£6.5 million/€7.8 million) for the three months ending January 31, 2022.

This record number signifies a 345.0% increase compared to the same period last year.

A significant portion of the revenue growth is attributed to the provider’s acquisition of UK-based competition brand RKings, which contributed $5.5 million to total earnings following its acquisition in November 2021.

An additional $235,246 in revenue came from associated interest.

Sign up for the iGaming News Newsletter

Avatar photo
admin

This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *