The Golden Matrix Group has set its sights on entering the Canadian online gambling sector, marking a significant development for the company.

Golden Matrix Group has formulated a plan to penetrate the Canadian online gambling landscape. This decision follows a successful financial year in 2022, which has placed the gaming technology firm in a prime position to explore further growth opportunities.

According to the financial figures released last year, the online gaming business reported a remarkable 219% increase in annual revenue, soaring from C$15.2m in 2021 to C$48.3m, marking an extraordinary growth.

Furthermore, Golden Matrix emphasized that its recent acquisition agreement with the MeridanBet Group would enhance its market presence. This partnership will enable the company to provide its B2C and B2B product lines across various regions, including Canada . The acquisition is anticipated to finalize in the first half of the year.

Insights from the CEO of Golden Matrix

Brian Goodman, the CEO of Golden Matrix , remarked that the past year has been fruitful for the organization. He noted that rising costs and strategic investments in their B2C and B2B platforms have set the stage for sustained revenue enhancement.

He concluded by affirming that the company is continuously and upgrading their systems to appeal to millions of players while remaining competitive within the global gambling market.

About Golden Matrix Group

The Golden Matrix Group specializes in providing software solutions tailored for operators of online casinos and sportsbooks. The company develops gaming platforms aimed at clients situated in Europe and the Asia Pacific region.

The organization supports gaming operators in running sportsbooks, online casinos, and live gaming experiences, offering them access to a vast range of licensed gaming content from .leading software providers .

Once the implementation of their strategy begins, the operator aims to extend these services to .Canadian online casino operators.

Great Software Providers to Expect

• Microgaming
• Pragmatic Play
• Evolution Gaming
• NetEnt

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Author

Peter

Casino Content Writer

Peter, a Canadian writer with over six years of experience in the iGaming industry, has provided content for various markets, including Canada, the US, and the UK. He leverages his expertise to create accurate and comprehensive iGaming information for CanadaCasino. When he takes a break from writing, Peter enjoys teaming up for sessions of Call of Duty.