Sliema, Malta--(Newsfile Corp. - November 29, 2024) - High insider ownership is often seen as a double-edged sword, but it also reflects strong leadership commitment. Following the acquisition of Meridianbet, 85% of shares in Golden Matrix Group (NASDAQ: GMGI) are held by insiders—a clear indication of alignment between leadership and shareholder interests.
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Key Takeaways:
- Strong Insider Ownership with Institutional Backing, as GMGI balances 85% insider ownership with growing institutional investment, ensuring leadership alignment and market liquidity.
- Diversified and Innovative Portfolio - Proprietary technology through Meridianbet and operations across 25+ countries provides stability and constant revenue growth
- GMGI combines strict compliance, market diversification, and resilience, making it a compelling investment in the gaming sector.
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Founded in 2001 and part of the Golden Matrix (NASDAQ: GMGI), Meridianbet Group is a well-established online sports betting and gaming group, licensed and/or currently operating in 17 jurisdictions across Europe, Africa, and South America. Meridianbet's successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omni-channel approach to markets, including retail, desktop online, and mobile.
Source: Meridianbet Group
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