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Friday, February 28, 2020 11:44:53 AM
The online gaming subsector is highly competitive without dominant players, notes S&P in a 2019 Industry Survey. Yet its growth is far exceeding brick and mortar casinos. Within the Asian-Pacific market GMGI is standing out, evidenced by six consecutive quarters of growth and earnings. A Cinderella story if there ever was one …"
"The Asia-Pacific market is the largest in the world, according to Standard & Poors. Macau alone generated more than six times that of Las Vegas – $37 billion in 2019 and growing. Fueling that growth has been an increase in per capita income, while in emerging Asia-Pacific markets, internet and mobile penetration has grown dramatically in the last few years."
"While the online gaming subsector is fragmented with no dominant players, GMGI beat out all of its peers in Standard & Poors Hotel, Gaming & Leisure Industry Survey, December 2019 in revenue growth, reporting 215% growth compared to the Sector average of 6.7%. That is a rare event for any microcap stock, regardless of its sector. With its stellar growth Golden Matrix Group, Inc. may be a walking takeover target."
https://newsblaze.com/business/marketing/asia-pacific-online-gaming-market-proves-a-good-bet-for-golden-matrix-group_161753/
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