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They are backing up on the Bid now
Hey Dadof3, is WABR still on your radar and on the Ask?
Guess I better get some of those cheap shares, while they are available.
Usually, they are just an agent, managing trading volumes and finding liquidity discretely for small batches, as to not affect the market. No doubt, they could also use the opportunity for themselves too, as you said.
Market Maker to watch out for WABR Wall Street Access.
Citadel Securities (CDEL), Canaccord Genuity (CSTI) and Cantor Fitzgerald (CANT) are friendly MM's for the most part.
APAC Remains the Biggest Region by Game Revenues. This year 2019, the Asia-Pacific (APAC) region will produce game revenues of $72.2 billion, accounting for 47% of the global total.
Mobile gaming (smartphone and tablet), meanwhile, remains the largest segment in 2019.
Judging from the thinest of the current bids and asks, and the speed, I would speculate these are MMs doing some flipping.
Greedy accumulators will grab those up fast.
I've been trying to tally all the online casino games GMGI has with their 300+ licensed casino operators. Perhaps some of you, that have been with GMGI longer can tell us if I have covered them all?
Four (4) proprietary slot games
Gaming Master Portfolio (GMP) of 32 unique games on popular themes, including Chinese legends, on (GMGI) exclusive GM-X platform.
Lucky Panda 888 a Social Gaming Casino App for the iPhone (Hong Kong, China, Macau)
Portfolio of 13 games, branded 3 Kingdoms, features some of the most popular casino table card games played in Asia, including Dou Dizhu and Nui Nui. Dou Dizhu alone has over 10 million monthly active users on Android and is one of the top grossing Android games in China.
good morning, definitely buying more :)
You are so correct Goodbuddy, Las Vegas was the icon of gambling excess, but it's far from the biggest gambling market in the world today. That title goes to Macau, which had $37.1 billion in gaming revenue over the past year, compared to $6.5 billion on the Las Vegas Strip. GMGI debuted in Macau!
Macau’s currency is pegged to the Hong Kong dollar, which is closely tied to the U.S. dollar.
The world’s largest gaming center, Macau is the only place in China where casinos are legal.
Although most of the online gambling is illegal in China, it is still very popular in the country. Players use internationally licensed websites for betting options and online casino games.
The Online Gambling Market In the APAC Region, online gambling has turned into a business worth billions of dollars.
GMGI, has a headquarters in Sidney too. Australia has long embraced the world of gambling, from betting to online casino games and more. Today, all types of gaming remain popular with the people of the country, and the market continues to grow in leaps and bounds. (part of APAC Region)
With the growing popularity of bitcoins, many online vendors are adopting gambling with the use of bitcoins as a currency.
The India government now has the authority to issue licenses to operators for online gambling are in Sikki, India. (part of APAC Region)
While online casinos aren’t exactly supported by the Japanese government, no action is taken as such against the participants. Legally online casinos cannot operate in Japan, but Japanese players are welcomed by the international casinos. (part of APAC Region)
So many opportunities for GMGI continued expansion.
I am a shareholder - Please do your own due diligence before buying or selling ANY SECURITY in the open market, there are no guarantees, but there are opportunities.
I believe we will receive an update on new operators and reg users, plus pending activities while we are waiting for exact numbers. I think we have a realistic expectation already. Should greatly shadow the 2018 numbers.
Tons of news. BTW Fiscal year ends today.
Golden Matrix on Track to Record Sixth Straight Quarter of Rising Revenues
https://ih.advfn.com/stock-market/USOTC/golden-matrix-group-inc-GMGI/stock-news/80346727/golden-matrix-on-track-to-record-sixth-straight-qu
Golden Matrix's Exclusive Online Chinese Table Games Generating Over $350,000 in Daily Wagering
https://ih.advfn.com/stock-market/USOTC/golden-matrix-group-inc-GMGI/stock-news/80176407/golden-matrixs-exclusive-online-chinese-table-game
Golden Matrix Reports Net Income of $279,323 on Revenues of $737,169 for the Third Fiscal Quarter of 2019
https://ih.advfn.com/stock-market/USOTC/golden-matrix-group-inc-GMGI/stock-news/80070303/golden-matrix-reports-net-income-of-279-323-on-re
We're a friendly group:) You'll find a lot of GMGI substance here as well. Also people that know this company, very well.
In the spirit of a positive attitude, I was thinking with GMGI's approximate float, we need to bring our average volume up about 3-4 times to move this to about .035 within a months period :)
I believe most of us, have a positive attitude. That's the flipper attitude, 50/50 :)
Perhaps someone confirming the uptrend with a nudge. The flippers are most the action at the moment. We need to see that volume climb and get some serious investors to find this gem. Then we can break past .007. Some free running after that with accumulation.
Not disappointed at all. If it dips, I'll be buying as well. I do love a sale. This one has plenty of room to run, worth the wait:)
Selling is far from my mind. At these sale prices, I am still accumulating.
GMGI Golden Matrix - Net Profits, Looking at their history, I noticed they were much faster getting out their Annual Report final than quarters. Their fiscal date is now, July 31. Also, I would expect an update on Operators and Registered Users soon. If I recall, the CEO said there were some potential deals on the table too. My point, I don't think we are going to be sitting quiet for long. GMGI has over 300 operators and 1.5 million registered users currently with cash in the bank and net profits.
I am a shareholder - Please do your own due diligence before buying or selling ANY SECURITY in the open market, there are no guarantees, but there are opportunities.
www.goldenmatrix.com
https://www.globenewswire.com/news-release/2019/06/20/1871908/0/en/Golden-Matrix-s-Exclusive-Online-Chinese-Table-Games-Generating-Over-350-000-in-Daily-Wagering.html
https://www.globenewswire.com/news-release/2019/07/17/1884035/0/en/Golden-Matrix-on-Track-to-Record-Sixth-Straight-Quarter-of-Rising-Revenues.html
GMGI Golden Matrix - Net Profits, Looking at their history, I noticed they were much faster getting out their Annual Report final than quarters. Their fiscal date is now, July 31. Also, I would expect an update on Operators and Registered Users soon. If I recall, the CEO said there were some potential deals on the table too. My point, I don't think we are going to be sitting quiet for long. GMGI has over 300 operators and 1.5 million registered users currently with cash in the bank and net profits.
I am a shareholder - Please do your own due diligence before buying or selling ANY SECURITY in the open market, there are no guarantees, but there are opportunities.
www.goldenmatrix.com
https://www.globenewswire.com/news-release/2019/06/20/1871908/0/en/Golden-Matrix-s-Exclusive-Online-Chinese-Table-Games-Generating-Over-350-000-in-Daily-Wagering.html
https://www.globenewswire.com/news-release/2019/07/17/1884035/0/en/Golden-Matrix-on-Track-to-Record-Sixth-Straight-Quarter-of-Rising-Revenues.html
GMGI Golden Matrix - Net Profits, Looking at their history, I noticed they were much faster getting out their Annual Report final than quarters. Their fiscal date is now, July 31. Also, I would expect an update on Operators and Registered Users soon. If I recall, the CEO said there were some potential deals on the table too. My point, I don't think we are going to be sitting quiet for long. GMGI has over 300 operators and 1.5 million registered users currently with cash in the bank and net profits.
I am a shareholder - Please do your own due diligence before buying or selling ANY SECURITY in the open market, there are no guarantees, but there are opportunities.
www.goldenmatrix.com
https://www.globenewswire.com/news-release/2019/06/20/1871908/0/en/Golden-Matrix-s-Exclusive-Online-Chinese-Table-Games-Generating-Over-350-000-in-Daily-Wagering.html
https://www.globenewswire.com/news-release/2019/07/17/1884035/0/en/Golden-Matrix-on-Track-to-Record-Sixth-Straight-Quarter-of-Rising-Revenues.html
Looking at their history, I noticed they were much faster getting out their Annual Report final than quarters. Also, I would expect an update on Operators and Registered Users soon. If I recall, the CEO said there were some potential deals on the table too. My point, I don't think we are going to be sitting quiet for long. JMO
There are many countries in the APAC region. The region population is 4.3 billion, half the world's population! GMGI has over 300 operators and 1.5 million registered users currently. Gambling is not "legal" in all of these counties. However, just the China region of Macau alone, where GMGI began, exceeds Las Vegas gambling revenues.
It's easy to realize the massive potential for growth that GMGI has before them. With headquarters in Las Vegas, Sidney Australia, and Macau (Asian Las Vegas) near Hong Kong. Although their growth has been great to date, they have not even scratched the surface of potential new operators and users.
Added more shares today. Sale ends soon, IMO
Indeed!
Hey, don't run it to a dime yet, I'm still accumulating :)
Exceptional earnings for a sub penny stock, allowing me to accumulate:) Before it blows right past these levels.
What numbers are we exspecting, $2.5M to $3M in revenues with about 50% Net?
I think DVLP simply needs to keep doing what they are. They have a small float, no debt issues, and great cash flow. They are expanding manufacturing, increasing their product line, and continuing to make great sales and have excellent marketing. I can't find fault with that.
laughing out loud, but accumulating :)
That DVLP headliner is old and ancient news and should be removed, it was an honest discloser of a startup that successfully made a tough decision and came out on top.
Turning it into millions in earnings in the year since, building a successful and growing company. The pathetic attempt to spin it as something it's not, is absurd. No different than fake news or spinning bull. Positive and negative opinions of constructive substance have their place.
In this case, it is a footnote, history, and noted. Not a headline.
Loudly Accumulating ...lol
Off hand, I would say that is the worse line of bull, I have ever read.
GMGI the bright future as I view it! Headquarters in Las Vegas and Sidney, they began in Macau, which is by far the largest gambling destination in the world. GMGI "services" the APAC region 4.3 billion people and many countries. Chinese people can participate in legal gambling in the special administrative regions of Hong Kong and Macau. The online gambling market in China is massive despite the government's attempts to protect people from themselves.
We tend to view GMGI's current 300 operators and 1.5 million clients as large. When in reality it is tiny, the growth potential is off the chart. We are talking casino style gambling on your tablet, desktop, and cell phone! In a region that shadows Las Vegas in revenues. With a wonderful people that love their gambling.
That being said, gambling revenues follow the economy. China currently is in a recession with a very poor economy. Yet, GMGI is still prospering, making a constant net profit, has cash in the bank. The pending US China trade deals will improve the economies of both countries. It will happen, and gambling revenues will logically grow as well.
On all counts, Golden Matrix (GMGI) is set for massive growth. At these prices it is a gift to those fortunate enough to have discovered it, IMO.
I am a shareholder - Please do your own due diligence before buying or selling ANY SECURITY in the open market, there are no guarantees, but there are opportunities.
www.goldenmatrix.com
https://www.globenewswire.com/news-release/2019/06/20/1871908/0/en/Golden-Matrix-s-Exclusive-Online-Chinese-Table-Games-Generating-Over-350-000-in-Daily-Wagering.html
https://www.globenewswire.com/news-release/2019/07/17/1884035/0/en/Golden-Matrix-on-Track-to-Record-Sixth-Straight-Quarter-of-Rising-Revenues.html
GMGI the bright future as I view it! Headquarters in Las Vegas and Sidney, they began in Macau, which is by far the largest gambling destination in the world. GMGI "services" the APAC region 4.3 billion people and many countries. Chinese people can participate in legal gambling in the special administrative regions of Hong Kong and Macau. The online gambling market in China is massive despite the government's attempts to protect people from themselves.
We tend to view GMGI's current 300 operators and 1.5 million clients as large. When in reality it is tiny, the growth potential is off the chart. We are talking casino style gambling on your tablet, desktop, and cell phone! In a region that shadows Las Vegas in revenues. With a wonderful people that love their gambling.
That being said, gambling revenues follow the economy. China currently is in a recession with a very poor economy. Yet, GMGI is still prospering, making a constant net profit, has cash in the bank. The pending US China trade deals will improve the economies of both countries. It will happen, and gambling revenues will logically grow as well.
On all counts, Golden Matrix (GMGI) is set for massive growth. At these prices it is a gift to those fortunate enough to have discovered it, IMO.
I am a shareholder - Please do your own due diligence before buying or selling ANY SECURITY in the open market, there are no guarantees, but there are opportunities.
www.goldenmatrix.com
https://www.globenewswire.com/news-release/2019/06/20/1871908/0/en/Golden-Matrix-s-Exclusive-Online-Chinese-Table-Games-Generating-Over-350-000-in-Daily-Wagering.html
https://www.globenewswire.com/news-release/2019/07/17/1884035/0/en/Golden-Matrix-on-Track-to-Record-Sixth-Straight-Quarter-of-Rising-Revenues.html
GMGI the bright future as I view it! Headquarters in Las Vegas and Sidney, they began in Macau, which is by far the largest gambling destination in the world. GMGI "services" the APAC region 4.3 billion people and many countries. Chinese people can participate in legal gambling in the special administrative regions of Hong Kong and Macau. The online gambling market in China is massive despite the government's attempts to protect people from themselves.
We tend to view GMGI's current 300 operators and 1.5 million clients as large. When in reality it is tiny, the growth potential is off the chart. We are talking casino style gambling on your tablet, desktop, and cell phone! In a region that shadows Las Vegas in revenues. With a wonderful people that love their gambling.
That being said, gambling revenues follow the economy. China currently is in a recession with a very poor economy. Yet, GMGI is still prospering, making a constant net profit, has cash in the bank. The pending US China trade deals will improve the economies of both countries. It will happen, and gambling revenues will logically grow as well.
On all counts, Golden Matrix (GMGI) is set for massive growth. At these prices it is a gift to those fortunate enough to have discovered it, IMO.
I am a shareholder - Please do your own due diligence before buying or selling ANY SECURITY in the open market, there are no guarantees, but there are opportunities.
www.goldenmatrix.com
https://www.globenewswire.com/news-release/2019/06/20/1871908/0/en/Golden-Matrix-s-Exclusive-Online-Chinese-Table-Games-Generating-Over-350-000-in-Daily-Wagering.html
https://www.globenewswire.com/news-release/2019/07/17/1884035/0/en/Golden-Matrix-on-Track-to-Record-Sixth-Straight-Quarter-of-Rising-Revenues.html