LAS VEGAS, NV , Sept. 26, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Golden Matrix Group Inc. (OTCPK: GMGI), a
technology-driven company that designs and develops social gaming platforms, today announced it has expanded its game content with
the addition of a Gaming Master Portfolio (GMP) of 32 unique games on popular themes, including Chinese legends. Developed through
exclusive distribution agreements with four gaming content providers, GMP is already featured on GMGI’s state-of-the-art GM-X
platform, thereby making it available to all gaming operator clients and, in turn, to over one million active players within their
networks.
The 32 new offerings can be viewed and played at https://demo.gmslot8.com/.
Golden Matrix also said it had added 36 new gaming operators in the Asia Pacific (APAC) region during the months of August and
September, bringing the total number of active operators being serviced by GMGI to 148. This recent increase was fueled by the
successful efforts of Red Label Technology Pte. LTD. (RedLabelTech), which on July 30, 2018 became GMGI’s second distributor in the
region.
“Obviously, an expanding portfolio of very popular games is key not only for attracting new gaming operators, but also for
retaining the valuable loyalty and participation of our current client base,” said Golden Matrix CEO Anthony Goodman. “Making GMP’s
exciting new games available to our growing number of gaming operator clients is a significant development that will contribute to
GMGI’s rapid growth and improved financial results. We believe GMGI’s superior content and technology platform, along with our
strong distribution channels, will continue to engage new operators monthly.”
Mr. Goodman noted that revenue generated from GMP’s 32 exclusive games will be shared with their respective content providers
and provide GMGI with improved margins and profits over what it normally derives from any one of its current third-party licensed
games. Golden Matrix will also derive greater financial benefit from revenue generated by GM Slots, the company’s own portfolio of
four proprietary games launched in early August. GM Slots is scheduled to expand over the coming months as it goes live with
additional proprietary games currently under development.
“We are confident that GMGI’s ongoing success is being secured by our ability to provide an evolving, content-rich, dynamic
gaming platform that appeals to the widest possible range of users,” concluded Mr. Goodman.
About Golden Matrix
Golden Matrix Group, based in Las Vegas NV, is an established gaming technology company that develops and owns online gaming IP
and builds configurable and scalable white-label social gaming platforms for its international customers, located primarily in the
Asia Pacific region. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company's
platform can be accessed through both desktop and mobile applications.
Our sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict
compliance with current US law.
Forward-Looking Statements
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act
of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective.
Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current
expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to
control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could
cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties
associated with the Company's business and finances in general, including the ability to continue and manage its growth,
competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security
and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
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Golden Matrix Group Franco Sun info@goldenmatrix.com www.goldenmatrix.com