ReleaseWire

AllPennyStocks.com News: Tech Company Displays Strong Industry Outperformance, 165% YoY Revenue Growth

Posted: Tuesday, April 21, 2020 at 12:40 PM CDT

Mississauga, ON -- (SBWire) -- 04/21/2020 --AllPennyStocks.com Media, Inc. (https://www.AllPennyStocks.com/) announces its latest article titled "Tech Company Displays Strong Industry Outperformance, 165% YoY Revenue Growth."

Companies mentioned in this article include Golden Matrix Group Inc. (OTCPK:GMGI).

Article Excerpt:

As COVID-19 forces casinos to be shuttered and people to hole-up at home for the foreseeable future, the steadily growing online gambling industry could see some additional tailwinds. Golden Matrix (OTCPK:GMGI), a pioneer in configurable social gaming technology, has two years of strong growth under its belt and is seeing demand increasing for its white label GM-X platform, particularly in the Asia Pacific region.

According to Industry Research's "Online Gambling Market Status and Trend Report 2019-2024," the online gambling market is predicted to reach $87.75 billion by 2024, registering a CAGR of 8.77%, during the forecast period. Of course, the report was published in November 2019, months before the novel coronavirus pandemic slammed doors on business and households worldwide.

The full version of this article can be found at:
https://www.allpennystocks.com/specialreportsus/1293/tech-company-displays-strong-industry-outperformance-165-yoy-revenue-growth

About AllPennyStocks.com
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Contact:

AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
E-Mail: peter@allpennystocks.com
Websites: http://www.allpennystocks.com / http://www.bullishinvestor.com

Note: AllPennyStocks.com has been compensated five thousand dollars by the company for its efforts in presenting the GMGI profile on its web site and distributing it to its database of subscribers as well as other services. For a complete disclaimer, investors are encouraged to click here: https://www.allpennystocks.com/spotlight/53/Golden-Matrix-Group-Inc.