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Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) Adds Neuro-enhancing Therapies to 6 KWC Clinics, With Plans to Expand Across the Nation

  • Delic Holdings Corp works to develop novel solutions for hard-to-treat mental and emotional disorders
  • The company’s Ketamine Wellness Centers (“KWC”) clinical subsidiary recently announced the addition of NAD+ (nicotinamide adenine dinucleotide) infusion therapies as a means of boosting natural energy stores and immunity, brain and DNA function, and cell communication
  • The NAD+ therapies will launch in six of KWC’s clinics on May 9 — in Jacksonville, Fla.; Houston and Dallas, Texas; Salt Lake City, Utah; Las Vegas, Nev.; and Tucson, Ariz.
  • KWC intends to expand the treatment to additional clinics across the country in the coming months
Delic Holdings (CSE: DELC) (OTCQB: DELCF) is devoted to finding solutions for mental ailments — not simply by easing symptoms, but by attacking the root causes of the difficulties utilizing a toolbox of innovative, therapeutic treatments based in psychedelic substances. The company’s Delic Labs scientific research subsidiary aims to develop IP of the highest quality, while affiliated clinics work to administer the psychedelic treatments under professional management. An educational wing of the company disseminates information that helps people make decisions based on correct principles. On May 4, Delic announced that six of its clinic locations will launch a specialized therapy that has the potential to boost natural energy stores and immunity, brain and DNA function, and cell communication. The NAD+ (nicotinamide adenine dinucleotide) infusion therapy is administered intravenously or intramuscularly and has previously shown evidence that such treatments support the creation of new cells, neuropathways, and networks in the brain, which in turn helps patients recover from various mental health conditions, according to the company’s statement (https://ibn.fm/LP9VT). Those conditions include post-traumatic stress disorder (“PTSD”), suicidality and chronic pain — conditions that gained increased attention after the ravages of World War II but that have still largely been bereft of medical solutions. While psychedelics were once advocated as potential treatments by helping patients to “liberate themselves,” they were generally outlawed between 1969 and 1985 until recently gaining new acceptance among professionals (https://ibn.fm/FBDa9). “At KWC (Delic’s Ketamine Wellness Centers clinics) we are committed to building on our holistic approach to mental health wellness and pursuing the most effective and suitable treatments to address our patients’ needs,” KWC CEO Kevin Nicholson, who is also Delic’s COO, stated in the May 4 news release. “The introduction of NAD+ infusion therapy to our clinics is a strong complement to ketamine therapy and has benefits for their mental and physical well-being. Moving forward, we are excited to explore new methods of treatments that may support our patients even further on their journey.” The NAD+ therapies will begin May 9 in Jacksonville, Houston, Salt Lake City, Dallas, Las Vegas and Tucson. KWC plans to introduce the therapies at additional clinics in the coming months. The existing ketamine therapies use an anesthetic medication that acts as a sedative to help reduce chronic pain, but in dealing with depression under a separate protocol it is also often combined with talk therapy to make it more effective during a dissociative state (https://ibn.fm/MHy5p). “An unfortunate reality is that it is easier for some ketamine clinics to lead a patient to their treatment room, start their IV, and then monitor patients remotely. At KWC, under no circumstances will we ever leave a patient in a treatment room unattended,” the company’s website states (https://ibn.fm/Lnppx). “A successful treatment experience starts with attentive and compassionate care from a skilled clinician who works with you throughout your infusion.” For more information, visit the company’s website at www.DelicCorp.com. NOTE TO INVESTORS: The latest news and updates relating to DELCF are available in the company’s newsroom at https://ibn.fm/DELCF

Blockchain Futurist Conference Continues To Grow with ETHToronto Hackathon as part of Canada’s Largest Blockchain Event

Witness a futuristic immersive experience at Blockchain Futurist Conference, Canada’s largest cryptocurrency and blockchain event being held from August 9-10th, 2022 at Rebel Entertainment Complex & Cabana, Toronto, Canada. This larger-than-life event will be held inside the 45,000 sq foot social playground and includes access to the outdoor cabana area of the spectacular waterfront venue. Connect with over 5,000 people from the crypto, blockchain, NFT, Metaverse, Defi, and DAOs world. Have a blast Networking and participating in panel discussions, keynote sessions, round tables, panels, workshops, and more. Blockchain Futurist Conference is currently building up their speaker roster and is anticipated to have an impressive lineup of over 100 speakers on 3 stages as they have delivered in the past. This two-day event plans to cover the future of the global economy with important positions in the social, economic, financial, and government sectors. Newly added Futurist 2022 speakers include:
  • Ethan Buchman Co-Founder of Cosmos and CEO of Informal Systems
  • Keith A. Grossman president of TIME
  • Som Seif CEO of Purpose Unlimited
  • Elena Sinelnikova CEO & Co-Founder of CryptoChicks
  • Brian Mosoff CEO of Ether Capital
  • Wendy O host of The O Show
  • Stephanie Hughes Financial Reporter at FinancialPost Works
Along with stage presentations and industry keynotes, there will be numerous panel discussions. The dignitaries will share their views on certain important topics of their niche, launch products, or showcase unique solutions in themed segments throughout the 2-day event. Blockchain Futurist Conference also aims to bring prominent Web3 companies to the event through sponsorship. Conferences are a great way to meet the teams behind the projects and get to know their products and services on another level. Title sponsor ANKR provides a powerful multi-chain toolkit to access blockchain infrastructure, earn yields, and integrate DeFi solutions. They are the official stage sponsor and a top sponsor of the ETHToronto Hackathon. Current platinum sponsors include Axelar, Brave, VirgoCX who will all be present in attendance and have speaking spots. New speakers and sponsors are being announced every day on the website www.FuturistConference.com. Want to pay in crypto? No problem! Untraceable Events has incorporated crypto ticketing since there first expo in 2014. This year, Blockchain Futurist Conference is partnering with EukaPay to accept a wide range of different cryptocurrencies for ticket sales. Tickets are one of the many things that attendees will be able to purchase with crypto at this event. To top it off this year as a part of the Blockchain Futurist Conference, ETHToronto Hackathon will be held August 8-10, 2022, at the 40,000 square foot mega hacker indoor dome. Parties interested in building the web3 world can participate as hackers, mentors, speakers, or volunteers. The event has direct and free access to the Blockchain Futurist Conference at Cabana. The hacker dome has an epic ZEN equipped with strong wifi and direct ethernet connections, hackers are even invited to even stay over for the night. The conference is hosted by Untraceable Events, a global company organizing blockchain and cryptocurrency events in Canada since 2013. Investors, startups, businesses, developers, financial institutions, researchers, academics, and tech geniuses from around the globe are invited to be a part of this massive symposium. To learn more, please visit www.FuturistConference.com. To learn more about the ETHToronto event, please visit www.ETHToronto.ca Follow them on twitter @futurst_conf and @untraceableinc

Diversity in Clinical Trials Summit Underscores Need for Targeting More Broadly Representative Patient Populations

The Diversity in Clinical Trials Summit presented by Dynamic Global Events (“DGE”) in June is an unequaled venue for your team to establish strategies ensuring that a diversity of patient populations are represented in the testing of new drug products. A key element of conducting sound trials is ensuring that minority populations are included in the testing because they will comprise a portion of the affected patient profile, and may have unique responses to the trials.  But historically, clinical trials have excluded and overlooked them. The Diversity in Clinical Trials Summit aims to re-center drug development around patient diversity in order to improve health outcomes through equitable approaches Key takeaways: 
  • Develop long-term relationships of trust with external partners
  • Learn how decentralized testing can improve diverse representation in clinical trials
  • Gain greater awareness of the importance of diversity, equity and inclusion across the biopharma industry
  • Learn to build better patient outcomes through collaborative networks in clinical testing
  • Understand the impact of the Clinical Treatment Act on representative patient populations
Education and Opportunity: DGE is a life science leader experienced in organizing B2B events with a focus on the informational and networking needs of professionals within health-related industries such as pharmaceutical, biotechnology, medical devices and the healthcare treatment sector. For more information about this event, please visit https://ibn.fm/mQfMp

NECANN Illinois Cannabis Convention

Date: June 10-11, 2022 Venue: McCormick Lakeside Center, 2301 S. Lake Shore Drive, Chicago, IL Exhibit Hall Hours 10:00 AM – 4:00 PM
  • The 2nd annual NECANN Illinois Cannabis Convention is scheduled for June 10-11, 2022, at the McCormick Lakeside Center, 2301 S. Lake Shore Drive, Chicago, IL
  • The event promises an excellent resource for the cannabis industry and a platform for stakeholders to connect, learn and grow together
  • This convention is ideal for those looking to launch a new cannabis business, start a new career in the cannabis space, or promote their existing cannabis business
All stakeholders in the Illinois cannabis space are invited to the 2022 Illinois Cannabis Convention scheduled for June 10-11, 2022. The event, hosted by NECANN, promises to be an excellent resource hub for the rapidly expanding cannabis industry and a platform for patients, businesses, educators, investors, entrepreneurs, and consumers to connect, learn and grow together. Over 40 industry professionals will present at the event, covering various topics such as building and running a sustainable business, how to successfully land free earned media, tissue culture, and cybersecurity priorities for the cannabis industry. This will be NECANN’s 2nd convention this year after producing the New England Cannabis Convention this past March. NECANN has 4 more conventions this year: Vermont: June 25-26 New York: August 26-27 New Jersey: September 9-10 Maine: September 24-25 To know more, please visit https://ibn.fm/XQ2OO.

Friendable Inc. (FDBL) Lands Exclusive Sponsorship as Streaming, Merchandise, and Content Partner for Bigga$tate; Artist to Perform at Iowa Summer Jam on June 11, 2022

  • Bigga$tate, a Fan Pass Live artist, will be kicking off his tour with a performance at the Iowa Summer Jam Festival, with Fan Pass Live as an exclusive sponsor
  • Since acquiring Artist Republik and FeaturedX, Friendable has created the ultimate “anti-label” 360 artist platform
  • Artists benefit from all aspects of the music industry without the record label control – including distribution to platforms such as SoundCloud and Spotify
Friendable (OTC: FDBL), a mobile technology and marketing company, is announcing the next steps and growth of an artist relationship that began in December 2020, blossoming from the nurturing support of the Fan Pass Live team, technology, and current 360 artist offering. Since the successful acquisition of Artist Republik and FeaturedX in January 2022, Friendable has created the ultimate “anti-label” offering for independent artists looking to remain in control of their music. Artist Bigga$tate gives the team accolades for their support – having chosen the platform for his exclusive streaming, merchandise, and content partner. Bigga$tate will be a part of the Iowa Summer Jam Festival, which kicks off his tour on June 11, 2022, in which Fan Pass Live and its 360 artist platform will be an exclusive sponsor (https://ibn.fm/sEvoF). “We couldn’t be happier for Bigga$tate, his rise as an artist, and even more importantly, his ability to stay focused on his desire to succeed. It’s easy to say you want something, but it’s also just as easy to take no action, just waiting for your wish to arrive like it should be granted just because someone has had a hardship or feels they deserve it,” Friendable CEO Robert A. Rositano, Jr. said (https://ibn.fm/iNjRu). “In the case of Bigga, he certainly deserves the success he is seeing and, based on his life journey, certainly had every excuse in the book not to succeed, but that was not in his vocabulary, nor is it in ours.” Rositano concluded underlining that Friendable was proud to be a small part of Bigga’s current successes, and that this was only the beginning. In turn, Bigga$tate commented on Fan Pass Live, saying, “Fan Pass Live has been the only sponsor that has truly elevated my career in the way all the other platforms promise, but Fan Pass Live has delivered 100% more!” As the company’s services grow traction, more artists are seeking out the same level of support provided to Bigga$tate and his team. Word-of-mouth drives credibility for Friendable’s flagship, and 360 artist offering that allows indie artists to elevate their careers, extend reach, and create revenue artists would not generally earn with traditional labels. Artists earn revenue from fan subscriptions (up to 40%), 100% of tickets sold, and tips from fans. Artists also earn on merchandise sold, which they can create with the help of designers on the Fan Pass Live team. Fan Pass Live also helps artists, through Artist Republik, with music distribution to platforms like SoundCloud and Spotify. “This is not about how we do things but why and the why is delivering incremental growth and continued success stories from the artists we support. We will continue our path of supporting and believe artists will begin to hear more about Fan Pass Live and all our 360 offerings that support exposure, expansion, and growth for the indie artist community, no record label contract required,” Rositano Jr. also said. For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com. NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL

As Nation Grapples with Violent Crime, Autonomous Security Robot Developer Knightscope, Inc. (NASDAQ: KSCP) Continues to Expand its Influence

  • Violent crime in the United States grew at a record percentage rate during 2020
  • The autonomous security robots developed by Silicon Valley-based Knightscope are designed to help deter criminal activity by helping bad actors to recognize that their misbehavior may be observed and recorded to be used against them
  • Knightscope has been in operation for over 1.5 million hours and has produced three robotic models adaptable to a variety of client facility needs
  • The company has recorded a number of crime-intervention successes, and recently reported its first contract with a Las Vegas casino property to help protect the business’s guests
A historic drought in the western United States has revived interest in the “Godfather” era of the Mafia, after water levels in the power-supplying Lake Mead reservoir east of Las Vegas fell sharply to a point that a couple of long-submerged bodies were exposed — one of them in a rusted barrel. “There’s no telling what we’ll find in Lake Mead,” former Las Vegas Mayor Oscar Goodman told media outlets (https://ibn.fm/Bv7nx). “It’s not a bad place to dump a body.” While the former mayor’s quip reflects a macabre amusement over the discoveries, the serious realities surrounding homicides are reflected in concerns over government data that the country’s murder rate rose at what appears to be the largest year-over-year percentage since comprehensive records began to be kept more than a century ago — and parallel reporting that the overall murder rate nonetheless remains well below what it was in the 1970s, when the recently found bodies in Las Vegas likely met their fate (https://ibn.fm/cydsk). “Experts have pointed to a variety of potential causes, including the economic and societal changes brought on by the coronavirus pandemic and changes in police-community relations after the murder of George Floyd in Minnesota last year. But the exact reasons remain unclear,” John Gramlich wrote for the Pew Research Center’s report on the data (https://ibn.fm/Tlzov). Autonomous Security Robot (“ASR”) developer Knightscope (NASDAQ: KSCP) has built its business on the belief that ever-present vigilance can help further the reduction of a variety of crimes, including violent incidents, by helping bad actors to realize that their misdeeds may be watched and recorded. The company has recorded a number of client successes thanks to the video, audio and data interaction features the robots use with a combination of artificial intelligence and human interaction, including reports of “a positive impact on crime and nuisance activity” at a public park in Los Angeles County, an improved sense of security in business parking lots elsewhere in the county, and evidence gathering used by police and prosecutors in arresting and trying crime suspects. That includes Las Vegas environs, where police and an apartment complex manager credited the ASR robots with deterring problems to the extent that a drop in the incidence of crime was noticeable (https://ibn.fm/rG4x0). Knightscope reported May 12 that the company had secured its first client contract with a Las Vegas casino to help protect the establishment’s guests (https://ibn.fm/eT1lO), following in the footsteps of casinos in California and Northern Nevada that contracted to use the security robots previously. “Deterring criminal behavior is key to every security plan,” a recent video posted by the company on YouTube states (https://ibn.fm/NLTF3). “Knightscope’s autonomous security robots provide an effective physical deterrent by discouraging unwanted behavior before it ever happens.” For more information about Knightscope (NASDAQ: KSCP), visit the company’s website at www.Knightscope.com and if you have a need for subscription service you may request a private demonstration of the technology at www.Knightscope.com/demo. NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP

Rising Demand for Plant-based Menus Drives Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF)

  • Eat Well Investment Group Inc. is a plant-based foods focused investment company dedicated to helping consumers pursue healthier food options while sustaining global food security
  • Eat Well’s investments include subsidiaries Belle Pulses, Sapientia and Amara Organic Foods and establish a portfolio of plant-based food production companies targeting protein alternative and natural baby food markets
  • Distribution agreements with companies such as Walmart, Whole Foods, Sprouts Farmer’s Market, Loblaws and HEB Grocery Company (H-E-B) are making it possible for Eat Well’s investee companies to rapidly increase their consumer reach
  • The company recently announced developments in a special warrant indenture that will trade on the Canadian Securities Exchange through December 2024 as part of its efforts to welcome new investment
When Sodexo Campus, the college and university arm of international foodservice giant Sodexo, announced this month that it will expand its plant-based menu items to 42 percent of the total meals it offers at hundreds of universities across the United States, it heralded the growing importance consumers place on earth-friendly, nutritious plant-based foods, as noted by industry e-magazine Veg News (https://ibn.fm/9zLSS). “When you see there are more than 20,000 known edible plants on our planet, and yet our food comes primarily from a dozen of them, there is definitely [an] opportunity to change and discover new ways of eating,” Sodexo Food Platform Senior Vice President John Wright stated a few years ago, as reported by VegNews. “Today, we are helping consumers as they look for ways to adopt more sustainable diets.” The article also reported that a recent survey conducted by Innova Health & Nutrition found that 23 percent of the participants who are between 18 and 25 years old maintain a vegetarian or a vegan diet, and that nearly one-third of youth boosted their consumption of plant-based proteins in 2021 alone. Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) is a vertically integrated plant-based foods investment company that has been rapidly building its portfolio of production and distribution brands during the past year to market to the growing consumer interest in plant-based foods. Bloomberg Intelligence analysts reported expectations that the plant-based market will see explosive growth in coming years, forecasting plant-based foods will increase their representation in the global protein market to 7.7 percent by 2030 with an exponential increase in valuation to more than $162 billion (https://ibn.fm/ZSK2a). Eat Well’s three major investments — ingredients processor Belle Pulses, food creator Sapientia and baby food brand Amara Organic Foods — sold over 26,000 tons of pure plant-based protein to over 35 countries worldwide during the first year of the pandemic and continue to exemplify Eat Well’s drive to help consumers not only eat more nutritiously, but also participate in global efforts to minimize industrial impacts on the world’s climate. During the course of last year, Eat Well gained nearly $60 million (Canadian) in revenue while showing its subsidiaries’ acumen for dealing with supply chain troubles and market issues arising from the worldwide COVID pandemic. The company’s products are gaining increased distribution through companies such as Walmart, Whole Foods, Sprouts Farmer’s Market, Loblaws and HEB Grocery Company (H-E-B). “It has always been our investment thesis that the globe will shift to more sustainable and environmentally friendly proteins,” CEO and Director Marc Aneed stated earlier this month in a discussion of the company’s efforts to expand global pulse production amid the market disruption caused by the war in Ukraine (https://ibn.fm/0XzFe). “The next 24 months will be crucial for international food security as one of the world’s largest producers of fertilizer, agricultural crops and pulses is effectively closed off from the rest of the world.” For more information, visit the company’s website at www.EatWellGroup.com. NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://ibn.fm/EWGFF

3rd Annual Catalyst Summit To be Held at Queen’s University, Kingston; Event Aims to Guide Canada’s Psychedelic Journey

The Catalyst Summit 2022 will be held from Friday, May 20th to Sunday, May 22nd, 2022, at Queen’s University, Kingston, Ontario. The event can also be attended online. In its third annual edition, Catalyst Summit 2022 is the premier Canadian conference dedicated to Psychedelic Medicine, and its growing role in the medical industry, society, and commerce. Political officers, city administrators, budding entrepreneurs, psychedelic researchers, medical & science specialists, legal experts, and health professionals are warmly invited to attend. The conference agenda will include keynote sessions, networking events, panel discussions, presentations, and in-depth discussions with over 80 renowned speakers, including seasoned researchers from world-class universities, industry leaders, senators, and medical experts in a variety of areas related to psychedelics. The conference will explore a wide array of topics related to Psychedelic Medicine, drawing upon the latest science-backed data and evidence from clinical trials from around the world. Key themes include Standards, Ethics, and Best Practices; Legal and Regulatory Frameworks; The Business of Psychedelics; Pre-Screening and After-Medicine Integration; Safe, Legal Medicine Sourcing for Therapeutic Use; and Therapeutic Models and Protocols. Distinguished speakers include Senator Larry Campbell; Kingston Deputy Mayor Gary Oosterhof; author of seven books and Invention Ambassador for the American Association for the Advancement of Science (“AAAS”), Paul Stamets; Dean of Health Sciences at Queen’s University and the CEO of the Southeastern Ontario Academic Medical Association (“SEAMO”), Jane Philpott, and clinical assistant professor of psychiatry at NYU, Anthony P. Bossis, Ph.D., among several others. Attendees will also have the opportunity to network and foster relationships with industry peers at the After Party sponsored by the Psychedelic Association of Canada between 9 pm and 11 pm EST on Friday, May 20th. The 3rd Annual Catalyst Summit is organized by Catalyst Presents Foundation, a premier organization well-recognized in the industry for events that enable networking opportunities, knowledge sharing, policy discussions, and lead generation with the objective of guiding Canada’s Psychedelic Journey. The event will include an ‘In Conversation’ session with Health Canada representatives, moderated by David Clements, and a series of presentations with live Q&A sessions. Dedicated sessions will examine psychedelic therapy, the role of the media vis-à-vis psychedelics, palliative care, ethics and consent, care for trauma, supply chain efficiencies, and business regulation. The conference’s first session will be An Evening with Paul Stamets and special guests Dr. Jane Philpott, Larry Campbell, Kingston Deputy Mayor Gary Oosterhof, David Harder, and Natalie Harder from 7 – 9 pm on Friday, May 20th. To learn more about the event, please visit https://catalystpresents.ca/

Microdose Psychedelic Capital May Conference 2022 To Offer Important Investor Opportunities

Investors, entrepreneurs, psychedelic researchers, environmentalists, tech experts, medical & science specialists, and health professionals, are invited to attend the Microdose Psychedelic Capital Conference on May 26, 2022 as an online event. Microdose is a premier global psychedelic network group. It is focused on growing the psychedelic industry and driving it to the forefront of modern medicine by sharing valuable content, organising networking events, analysing reports, and offering the latest news and strategies. The virtual conference is a robust psychedelic platform that offers exposure to psychedelic dedicated ventures that are trying to carve a niche for themselves. Businesses can showcase their products and skills to avail the phenomenal investor opportunities available at this forum. Enthusiasts and capitalists looking for investment opportunities can discover the untapped potential to develop, launch and market novel psychedelic supplies in the market. The agenda of the conference will include discussions, keynotes, and insights from world-class speakers, top companies, latest IPOs about the potential and scope of investments in the psychedelic sector. The Microdose conference will explore pre-IPO opportunities in the psychedelic investment sector. Thought leaders, influencers, and entrepreneurs attending the conference will share insights and discuss the latest innovations in drug development, and the financial, scientific, and industrial news in the psychedelic world. Learn about the laws and regulations and current business trends driving the psychedelic industry. A part of the bi-monthly investor series, this virtual Microdose Conference explores the new technologies driving the industry, the scope of psychedelic investments and the prospects.  It offers a forum to connect businesses to the top capitalists and investors of the psychedelic spectrum. These online sessions offer tremendous networking scope where businesses build strong ties and associations. Many global leaders of the psychedelic spectrum will reside as speakers to share their views, announce new products and impart insights into the future trends of this industry. The introduction of the Microdose event will be given by:
  • Patrick Moher, the President of Microdose Psychedelics Insights, is a dynamic entrepreneur working on creating innovative business opportunities in psychedelic industries, across the social and economic spectrum for upcoming industries. 
  • Richard Skaife, Chair, Microdose, The Conscious Fund, a veteran in mental health, technology and investment, accredited with the multi-million downloaded Digipill app.
Microdose Psychedelic Capital Conference recordings are accessible to ticket holders for a lifetime. Every company’s pitch deck is also available for viewing and access by ticket holders.  To learn more, please visit https://ibn.fm/Ii1VO.

Inflation Not Dampening Online Gaming as Golden Matrix Group Inc. (NASDAQ: GMGI) Accelerates Expansion

  • DraftKings sees no inflationary impact on player demand in first quarter report
  • While major B2C online gaming companies struggle with exorbitant costs, Golden Matrix’s B2C model has resulted in 14 consecutive profitable quarters
  • Golden Matrix acquired 80% of B2C prize competition company RKings Competitions Ltd, an immediately accretive move that facilitates expansion into new markets
While it would seem logical that periods of rising inflation would cause a slowdown within the gambling industry as consumers tighten their purse strings, history says otherwise. Growth remains mostly unabated because the benefits of wider legalization have outweighed economic impacts, particularly in recent years as more U.S. states join the legal and online gambling renaissance. That said, competition has increased, meaning operators have to be more mindful than ever before about controlling user acquisitions costs (“UAC”), which plays right into the hands of Golden Matrix Group (NASDAQ: GMGI), which has its roots in B2B (business-to-business) products as it matriculates into B2C (business-to-consumer) with a unique model. DraftKings (NASDAQ: DKNG) is a prime representative of the B2C market today. In their recent report on the first quarter of 2022, the company conveyed that they weren’t seeing any impact from inflationary pressures on customer demand as it grew Q1 revenue 34% from the year prior quarter to $417 million. Operating expenses surge 46% y-o-y to $933 million, contributing to a net loss of $468 million for the quarter. DraftKings pegged its average revenue per monthly unique player (“MUP”) at $67, up 11% from Q1 2021. Point being, it’s an expensive dogfight in the U.S. to win customers in states where gambling is legal and to expand into states where online betting is launching. The U.S. is a convenient example, but the trend is similar throughout the world. Golden Matrix is not the company featured during halftime commercials, but they are the company that can make it possible for online operators to better afford paying for them. Not having a huge marketing burn is a big part of the reason that GMGI has reported 14 straight profitable quarters. The Las Vegas-based company is primarily active in the Asia Pacific region where it is a leading provider of turnkey and white label gaming platforms, Esports technology and gaming content. The company is highly differentiated from peers as it pioneers highly modular, configurable, and scalable gaming platforms (both mobile and desktop and agnostic to operating system) designed specifically to efficiently promote user acquisition, engagement, retention, and monetization. Leading gaming content providers such as Asia Gaming, GameArt, Microgaming, Playtech, and many more provide their state of the art and world dominant casino games to Golden Matrix’s GM-X System, which include a swath of products spanning slots, live games, sports, and table games. The GM-X and GMX-Ag platforms are the industries benchmark, providing access to over 10,000 games across more than 25 providers. In April, Golden Matrix took its new B2B aggregate gaming system, GMX-Ag, live with eight established online casino operators in six countries. While strategic and timely to expand its B2B offerings in APAC, Golden Matrix CEO Brian Goodman sees the new GMX-Ag suite as opening new market opportunities outside of its traditional markets. While it executes on expansion via organic growth, Golden Matrix is also looking to acquisitions to accelerate expansion. In December, the company completed buying 80% of B2C prize competition company RKings Competitions Ltd, with provisions to buy the remaining 20% in the future. RKings represents GMGI’s foray into the B2C competition space, a market that has been thriving for decades as a means for brands to get in front of consumers. RKings has a presence throughout the U.K. and Europe and Goodman expects the popularity to resonate in new markets. First up is Mexico where Golden Matrix now has a gaming permit pending. Other jurisdictions are expected to follow. While most online gaming companies continue to struggle to contain costs, much less reach profitability, Golden Matrix continues to shine. Combining revenue streams post-acquisition helped bolster GMGI’s overall financial performance during the first fiscal quarter ended January 31, 2022. Revenue surged 355% y-o-y to $8.88 million. “Due to the platform’s scalability, coupled with low player acquisition and marketing costs, we expect RKings’ contributions to revenues and profits to grow significantly in the months and years ahead,” said Goodman. For more information, visit the company’s website at www.GoldenMatrix.com. NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

From Our Blog

Drone Detection and Vital Life Signs Monitoring Help Silynx’s In-Ear Tactical Communication Systems Support Those on the Front Lines

September 1, 2026

Whether you’re in the military, law enforcement, riot control, or other loud, chaotic, and potentially-dangerous industries, the ability to communicate with your team effectively, while also protecting your hearing, is critical. To address this growing need, Silynxcom Ltd. (NYSE American: SYNX) has developed exceptional in-ear tactical communication systems. Silynx offers these products to hundreds of […]

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