Argus Research Reaffirms $200M 2025 Revenue Forecast for Golden Matrix (GMGI)

Las Vegas, Nevada--(Newsfile Corp. - May 23, 2025) - Argus Research has issued an updated equity research report about Golden Matrix Group Inc. (NASDAQ: GMGI), reiterating its fair value estimate for GMGI shares. The report highlights significant upside potential relative to current trading levels and forecasts continued revenue growth and operational expansion across key global markets.

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Key Takeaways:

• 2025E revenue of $200M, supported by new market entries and AI-driven platform performance
• Balance sheet strengthened via debt reduction and equitization of acquisition obligations

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About Golden Matrix Group

Golden Matrix Group, based in Las Vegas, NV, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients, while its B2C division, including Meridianbet, operates regulated online sports betting and gaming sites.

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Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding revenue forecasts, market expansion, and valuation targets. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Forward-looking statements speak only as of the date they are made, and Golden Matrix undertakes no obligation to update or revise them. Factors that may affect these results include but are not limited to, changes in market conditions, regulatory developments, operational execution, and other risks detailed in the company’s filings with the U.S. Securities and Exchange Commission.

Contacts:

Source: Meridianbet Group

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