LAS VEGAS, NV / ACCESSWIRE / June 28, 2016 / Golden Matrix Group Inc. (OTCPK: GMGI) a provider of Social Gaming Technology
launches Lucky Panda 888 iPhone App. https://itunes.apple.com/us/app/lucky-panda-888-casino/id1094179903?mt=8.
The company recently launched its first iPhone App with multiple Social casino games.
The new offering will add value and revenues to its existing game portfolio and in particular to the newly established
distribution agreement with L.H. Information and Technology (LHIT) in Hong Kong. LHIT is one of Asia's leading Social Gaming
Operators. LHIT has an extensive active customer base and will offer the exciting new Lucky Panda Apps to its customer base.
Brian Goodman, CEO stated that, "Having a strong mobile presence is critical, the exciting Social Casino Apps will further
enhance the company’s revenues and its overall positioning in the Social Gaming arena. Global revenue from mobile in-application
sales has surpassed 14 billion US dollars in 2015. While mobile Apps become more popular and mobile Internet more widely available,
revenues generated from applications are reaching unprecedented records. In 2016, it is estimated that worldwide consumers will
spend some 50 billion U.S. dollars on mobile Apps via App stores, but this number is expected to double by 2020."
"Social casino games have become a $2.7 billion worldwide industry in a short few years thanks to rapid growth on Facebook and
mobile. Golden Matrix Group has the skills and technology that are necessary to compete in the growing global market and in
particular the Asian markets where culturally relevant content is a necessity. As the company introduces new gaming applications
they will include popular casino games, poker, bingo, Slots and table games to be offered in a Social Environment."
About Golden Matrix Group
Golden Galaxy Group owns Social Gaming IP and builds configurable and scalable white labeled social gaming platforms for its
international customers and delivers innovation that players want. The Social Gaming IP includes tools for acquisition, retention
and monetization of users. The Company's platform is unparalleled in both desktop and mobile applications. Moreover user management
is optimized though its ability to accommodate both free and cost to play state of the art games.
Brett Goodman - brett@goldenmatrix.com
SOURCE: Golden Matrix Group