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Gambling Platform Provider GOLDEN MATRIX GROUP Files for $10 Million US IPO
2021-03-22

Esther Thin

Golden Matrix Group Inc, a gambling platform provider, has filed Form S-1 Registration Statement on March 19, 2021 with the U.S. Securities and Exchange Commission to raise up to $10 million IPO. Pricing terms are yet to announce.

The company provides a unified, flexible, and highly scalable platform that can be rapidly deployed for social iGaming, real money iGaming, and online sports betting. The company offers a seamless integration of the world’s leading casino games, sportsbook systems, and live games.

The Las Vegas, Nevada-based company was founded in 2008 and booked $4 million in revenue for the 12 months ended October 31, 2020. It plans to list on the Nasdaq Capital Market under the symbol “GMGI.” Kingswood Capital Markets is the underwriter of the IPO.

The company engages Loev Law Firm, PC as US Securities Counsel, and M&K CPAS, PLLC Independent Auditor.

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