Golden Matrix Applies for Mexican Gaming License

Golden Matrix Group Inc. has announced that it has applied for a Mexican gaming license and, once approved, expects to offer igaming in Mexico, and launch the RKings tournament platform.

“This a logical move for the company, as it opens up compelling opportunities in the Latin America (LATAM) B2C market; and it begins the expansion of the RKings tournament platform to our first region outside of the UK and Ireland. We are confident that, in addition to casino games and sports book betting, RKings will be received enthusiastically, generate significant revenues and boost our overall profitability,” Golden Matrix CEO Brian Goodman said.

Goodman noted that, as previously announced, GMGI achieved record quarterly revenues in the first fiscal quarter ended 31 January 2022. As a result of the company’s acquisition of an 80% controlling ownership interest in RKings at the beginning of the current fiscal year, RKings provided significant revenue contributions throughout the quarter.

Further information regarding the results of GMGI’s operations for the first fiscal quarter ended 31 January 2022 will be included in the Quarterly Report on Form 10-Q, which the company plans to file with the Securities and Exchange Commission on or before 10 March 2022.