Golden Matrix Group Inc (GMGI)

[pyro2]

LittleBambi, I believe both are correct, it's just the terminology. GMGI revenues are from "licensed operators" fees which are casinos, many international, based on registered users "through" mobile devices to the online casinos. There are also users that are on notebooks and PCs, but smart phones are now surpassing them. 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 through their devices.

GMGI, gaming technology company 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 company's platform can be accessed through both PC and MOBILE applications.

Based on the information available, it pointed that much of the gambling is done via mobile. For example, Lucky Panda 888 is designed for the iPhone. The GM-X platform works on the PC and Mobile systems. Mobile gaming (smartphone and tablet), meanwhile, remains the largest segment in 2019 in the region.