LAS VEGAS / ACCESSWIRE / March 15, 2019 / Golden Matrix Group Inc. (OTC PINK: GMGI) a technology-driven company that designs and develops social gaming platforms, systems and gaming content, today announced it had secured the online gaming hosting rights for a state-of-the-art portfolio of traditional Chinese table games.
Developed by a leading provider of software for the gaming industry, the portfolio of 13 games, branded 3 Kingdoms, features some of the most popular card games played in Asia, including Dou Dizhu (Fighting the Landlord) and Nui Nui (Taurus). Dou Dizhu alone has over 10 million monthly active users on Android and is one of the top grossing Android games in China* (Source Newzoo*).
All 13 games will be hosted on the company’s New Generation GM-X system, which is now utilized by almost 200 gaming operators in the Asia Pacific (APAC) region. In accordance with the Hosting and Support Agreement, Golden Matrix will provide the underlying platform for the operation and support of the portfolio games; and, similar to existing customer agreements, GMGI will be paid fees commensurate with the games’ usage.
These licensed operators currently service more than 1.5 million registered users across all gaming operator/GM-X platforms.
”This is a huge win for our company and an acknowledgment of the power and popularity of the new GM-X system,” said CEO Brian Goodman. ”These traditional games are already played by millions of people in Asia, and we expect their addition to our gaming platform with client operators will help boost GMGI’s strong revenue growth and profitability in 2019 and beyond.”
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.
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SOURCE: Golden Matrix Group Inc.
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