Stocks Telegraph

Golden Matrix (GMGI) Shows Strong After-Hours Rebound

By Fahim Awan
Published On May 15, 2024 7:04 AM UTC
Golden Matrix (GMGI) Shows Strong After-Hours Rebound

In the extended trading session, Golden Matrix Group, Inc. (NASDAQ: GMGI) showed a noteworthy upward trend after announcing expanded global operations. GMGI’s stock price increased 5.97% after hours to settle at $5.50, essentially offsetting a 2.08% drop in the regular session that saw the stock close at $5.19.

The Trailblazing Political Betting Services

Amidst changing legal environments in the USA, Meridianbet, a prominent global sports betting and iGaming operator under Golden Matrix (GMGI), keeps proving how committed it is to offering a wide range of political betting alternatives. With more than 15 years of experience in political betting, Meridianbet has continuously raised the bar for the sector with its creative products and extensive customer base.

Meridianbet’s portfolio encompasses political elections from the USA, the UK, France, Spain, Italy, Germany, and Southeast Europe. The platform offers between 500 and 1000 different betting options per political event, ensuring comprehensive coverage.

In the current focus on the USA elections, Golden Matrix-subsidiary presents numerous betting opportunities, including predictions on the new president’s name, the winning party, state-by-state election results, and the popular vote winner. This extensive range of options underscores Meridianbet’s leadership in the political betting niche.

Regulatory Challenges And Unique Market Position

In light of recent developments where the Commodity Futures Trading Commission (CFTC) in the USA has proposed banning event contracts tied to political outcomes to avoid positioning the futures exchange as an “election cop,” Golden Matrix through Meridianbet remains steadfast in enhancing its unique market position. Unlike other platforms, Meridianbet excels in offering bets on political and other non-sports events, distinguishing itself within the industry.

The Unique Appeal Of Meridianbet’s Empty Bet Feature

One of Meridianbet’s standout features is the Empty Bet, which allows customers an exceptional level of customization. This feature enables users to submit their own unique wager ideas, provided they comply with legal, ethical, and industry standards.

Available to players worldwide, both online and through Meridianbet’s extensive retail network of approximately 700 shops across Europe, the Americas, and Africa, the Empty Bet feature offers a high degree of engagement and personalization.

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