LAS VEGAS, NV – May 30, 2025 – Golden Matrix Group Inc. (NASDAQ: GMGI), a global provider of iGaming and sportsbook technology, announced an insider purchase of 10,000 GMGI shares at $1.36 per share, as disclosed in a recent SEC Form 4 filing dated May 27, 2025.

The transaction reflects continued insider confidence, adding to a strong trend: 25 insider buys and only 3 sells over the past 12 months.

At the time of the transaction, GMGI’s market capitalization stood at approximately $235 million. The latest Argus Research report reaffirmed its $4.00 fair value estimate, citing $200 million revenue forecast for 2025, international expansion, and improved financial positioning after the clearance of Lind-related obligations.

The SEC Form 4 filing is available at the following link:

https://www.sec.gov/Archives/edgar/data/1437925/000147793225004223/xslF345X05/form4.xml

Analyst reports are available upon request via Golden Matrix investor relations.

About Golden Matrix Group (NASDAQ: GMGI)

Golden Matrix Group Inc. develops and distributes proprietary gaming platforms, sports betting solutions, and promotional games across over 25 international markets. Its portfolio includes Meridianbet, Expanse Studios, GMAG, R Kings Competitions, and Classics for a Cause.

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