Nasdaq Approves Golden Matrix Listing – Leadership – iGB

The virtual sports and gambling provider Golden Matrix has been granted permission to list its common stock on the Nasdaq Stock Market in the United States.

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Golden Matrix Gets Nasdaq Listing Approval
The approval was given yesterday (March 16) and the provider stated it anticipates its stock to commence trading on Nasdaq today (March 17).

Golden Matrix’s common stock will trade under the provider’s “GMGI” ticker symbol.

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

The record figures represented a 345.0% increase year-on-year for the virtual experts.

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

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

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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.

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