Successful Content Integration: Meridianbet has successfully integrated BetBazar's fast-betting esports and virtual sports content into its sportsbook platform across 18 licensed jurisdictions in Europe, Africa, and South America, significantly enhancing its product diversity and market competitiveness.
Expansion of Esports Content: This partnership introduces in-house produced esports content, including eFootball, eBasketball, eHockey, and CS:GO events, addressing player demand for high-frequency betting opportunities, thereby increasing user engagement and market share.
Fast-Betting Strategy: By collaborating with multiple content providers, Meridianbet diversifies its fast-betting offerings, ensuring 24/7 betting availability while reducing dependency on single-source content feeds, which enhances overall operational efficiency.
Market Share Growth: As Meridianbet scales its fast-betting product category, it positions itself to attract a broader player demographic, particularly those prioritizing high-frequency wagering experiences, thereby further solidifying its market position.
GMGI
$0.8386+Infinity%1D
Analyst Views on GMGI
Wall Street analysts forecast GMGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GMGI is 2.90 USD with a low forecast of 1.80 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
Wall Street analysts forecast GMGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GMGI is 2.90 USD with a low forecast of 1.80 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.824
Low
1.80
Averages
2.90
High
4.00
Current: 0.824
Low
1.80
Averages
2.90
High
4.00
Freedom Capital
analyst
initiated
$1.80
2025-10-14
Reason
Freedom Capital
analyst
Price Target
$1.80
2025-10-14
initiated
Reason
Freedom Capital initiated coverage of Golden Matrix with a Buy rating and $1.80 price target. The business-to-business and business-to-consumer gaming company has verticals that include online casino, sports betting, and prize competitions, generating recurring revenue through scalable platforms and subscription-based models, says the analyst, who sees the company being positioned to capture "significant" market share in newly-regulated territories.
Maxim Group
Jack Vander Aarde
Strong Buy
Initiates
$4
2025-02-21
Reason
Maxim Group
Jack Vander Aarde
Price Target
$4
2025-02-21
Initiates
Strong Buy
Reason
About GMGI
Golden Matrix Group, Inc. is a business-to-business (B2B) and business-to-customer (B2C) gaming technology company operating across multiple international markets. The Company operates online sports betting, online casino, and gaming operations in approximately 15 jurisdictions across Europe, Africa and Central and South America. It is a provider of enterprise software-as-a-service (SaaS) solutions for online casino operators and online sports betting operators, commonly referred to as iGaming operators. The Company operates through three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The B2B division of the Company develops and licenses proprietary gaming platforms for its list of clients and RKingsCompetitions Ltd. (RKings). The B2C division operates an e-commerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The Company also owns and operates MEXPLAY, a regulated online casino in Mexico.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
