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Golden Matrix widens loss despite record revenue in FY23

19th January 2024 9:26 am GMT

Las Vegas-based Golden Matrix Group has reported a 23 per cent increase in revenue to a record $44.2 million for the fiscal year ended 31 October 2023.

The company’s B2C operations contributed $28.5 million in revenue, with a further $15.6 million generated from B2B.

Within the B2C segment, RKings Competitions had over 325,000 registered users on its tournament platform, while the Mexplay online casino in Mexico had over 61,000 registered users.

“Year after year, we continue to achieve [...]

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