LAS VEGAS, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. (OTCPK: GMGI), a technology-driven company that designs and develops social gaming platforms, today announced it has launched and gone live with its first four proprietary slot games. They are basic traditional Chinese Slot Games, with each game depicting one of the four seasons, and represent the first units of an exclusive GMGI portfolio of games to be called GM Slots.

The company said it has an additional 18 games currently under development and expected to go live over the next three months.

A video illustrating these first four games can be viewed at Youtube Seasonal Slots, and a test link to play one of the games is Autumn Slot. All the slots will be integrated into and featured on the company’s state-of-the-art GM-X platform, thereby making it available to all gaming operator clients and, in turn, to over a million active players within their networks.

The GM Slots portfolio will soon include games with legendary Chinese Characters incorporating outstanding visuals and rich animations bringing these fables into modern times. The exclusive slots will offer a variety of configurations to increase player retention. The games will offer multiple features including Free Spins, Auto Spin, Scatter Win, Side Bet and Wild Symbols.

"This is a major milestone for our rapidly growing company,” said Golden Matrix CEO Anthony Goodman. “Having our own proprietary games will catapult GMGI into another growth stage with increased revenues and higher operating margins. With the GM Slots portfolio backed by the power of the GM-X platform and its best-in-class marketing and support system, we expect many of these new games to become extremely popular with the Asian gaming community.”

About Golden Matrix

Golden Matrix Group, based in Las Vegas NV, is an established gaming technology company that develops and 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 gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company's platform can be accessed through both desktop and mobile applications.

Our sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current US law.

Forward-Looking Statements

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.

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