Golden Matrix Group Inc. (NASDAQ: GMGI), an established gaming technology company, is looking to expand its operations into Brazil. The announcement follows the company's solid growth in its recent Q2 report.
Led by CEO Brian Goodman, Golden Matrix Group develops and owns online gaming intellectual property (IP) and builds configurable and scalable white-label social gaming platforms for international customers, primarily in the Asia Pacific region. The strategic move into Brazil signifies a potential major shift in the online gaming and sports betting landscape.
The expansion could introduce new opportunities for both Golden Matrix and the Brazilian gaming market, which has been experiencing increasing interest and growth. As the company continues to build on its technology and market presence, this could pave the way for enhanced gaming experiences and a broader customer base in South America.
Golden Matrix's Q2 performance indicates a robust foundation for this expansion. The company's established presence and technological capabilities position it well to capitalize on Brazil's growing interest in online gaming and sports betting.
For more details, the full interview with CEO Brian Goodman can be watched here.
