GMGI - iGaming Legalized in Ontario Golden Matrix Group Inc. (NASDAQ: GMGI) Positioned to Benefit from Relaxed Legislation
- Canadian province of Ontario recently legalized iGaming, other provinces expected to follow
- iGaming industry expected to reach 153.6 billion by 2030 at CAGR of 11.7% from 2022 to 2030
- GMGI offers highly modular, turnkey, and white label gaming solutions for growing B2B customer base
- Recently released financial results reveal 15 consecutive profitable quarters, 221% Q2-2022 growth
The province of Ontario in Canada has recently joined South Africa, Japan, and many European Union countries in legalizing iGaming (https://ibn.fm/65kyx). Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, is positioned to benefit from relaxed legislation that is expected to grow the global iGaming industry.
Ontario first legalized online gambling in April 2022, granting iGaming Ontario - a subsidiary of the Alcohol and Gaming Commission of Ontario - the authority to regulate policy, monitor iGaming sites, and grant licenses to prospective operators looking to set up in the province. As a result, other Canadian jurisdictions are eyeing Ontario’s iGaming market with...
NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at http://ibn.fm/GMGI
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