Golden Matrix Group Inc. (OTCPK: GMGI), a developer and licenser of social gaming platforms, systems and gaming content, today announced it had achieved record revenues of $1 million in the month of June, and over $2 million during May and June, the first two months of the company’s second fiscal quarter ending July 31, 2021. Additionally, June represents GMGI’s first month to exceed one million dollars in revenues.
Revenues for these first two months are up about 100% on total revenues of $1.05 million recorded in last year’s second fiscal quarter.
GMGI’s revenues are derived primarily from licensing fees received from gaming operators located in the Asia Pacific (APAC) region and integrated with the company’s state-of-the-art GM-X platform. There are currently 488 operators and 4.6 million registered users across all GMGI’s gaming platforms.
“We are exceptionally pleased by our consistent growth over this past year and our ability to reach one million dollars in monthly revenues,” said Golden Matrix CEO Anthony Goodman. “We fully expect this momentum to continue through both organic growth and the anticipated acquisition of gaming-related businesses that provide us entry to new vertical markets and are accretive to GMGI’s earnings.”
Mr. Goodman added that “the rollout of the company’s aggregate gambling platform (GM-Ag), its newest product offering, is expected to begin during the current month.“