Golden Matrix Group - Golden Matrix Group Enters Into a Definitive Distribution Agreement With One of Asia's Leading Gaming Operators.

Las Vegas, NV, July 18, 2016 (Newswire.com) - Golden Matrix Group Inc. (OTCPK: GMGI) a provider of Social Gaming Technology recently entered into a definitive distribution agreement with C. Yang Technology Group based in Laos. C. Yang Technology Group is a successful and well-respected Social Gaming Operator with a large active customer base.

Brian Goodman, CEO stated that, "The agreement is very encouraging as it will result in the Company now having multiple on-going revenue streams and supplement the existing revenues already being generated by LHIC. The new relationship demonstrates commitment to the Golden Matrix Offering and provides extensive distribution in one of the worlds largest Social Gaming markets.”

Mr. Goodman also stated that, “The Global Social Gaming market is expected to generate 17.4 Billion by 2019 and Asia Pacific dominated this Social Gaming market and accounted for 45% of the market in 2012.”

About Golden Matrix Group

Golden Galaxy Group owns Social Gaming IP and builds configurable and scalable white labeled social gaming platforms for its international customers and delivers innovation that players want. The Social Gaming IP includes tools for acquisition, retention and monetization of users. The Company's platform is unparalleled in both desktop and mobile applications. Moreover user management is optimized though its ability to accommodate both free and cost to play state of the art games.

Brett Goodman - brett@goldenmatrix.com

SOURCE: Golden Matrix Group / www.goldenmatrix.com

Source: Golden Matrix Group