A Closer Look Into Golden Matrix Group's (GMGI) Sweepstakes Business Segments: Adding to Meridianbet's Success
Golden Matrix Group, Inc. GMGI, the parent company of renowned brands such as Meridianbet, has seen significant contributions from its sweepstakes business segments as well - RKings Competitions and Classics for a Cause. These two brands have emerged as strong performers within the company's portfolio, blending entertainment with broader impact and adding notable value to its overall operations.
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- GMGI's sweepstakes business segments, RKings Competitions and Classics for a Cause, have emerged as strong contributors, accounting for 27% of Q3 2024 revenue combined.
- RKings leads in the UK and Ireland with luxury prize draws, while Classics for a Cause in Australia supports charitable fundraising through classic car raffles, amplifying awareness for vital causes.
- With an average customer acquisition cost of cca. $2, GMGI's sweepstakes businesses showcase a highly cost-effective approach to audience engagement
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Source: Meridianbet Group
Distributed by: Reportable, Inc.
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