Golden Matrix initiated with a Buy at Freedom Capital

Freedom Capital initiated coverage of Golden Matrix (GMGI) with a Buy rating and $1.80 price target The business-to-business and business-to-consumer gaming company has verticals that include online casino, sports betting, and prize competitions, generating recurring revenue through scalable platforms and subscription-based models, says the analyst, who sees the company being positioned to capture “significant” market share in newly-regulated territories.