Golden Matrix Group - Launches Lucky Panda 888 a Social Gaming Casino App for the iPhone

Golden Matrix Group Inc. (OTCPK: GMGI) a provider of Social Gaming Technology launches Lucky Panda 888 iPhone App. https://itunes.apple.com/us/app/lucky-panda-888-casino/id1094179903?mt=8

The company recently launched its first iPhone App with multiple Social casino games.

The new offering will add value and revenues to its existing game portfolio and in particular to the newly established distribution agreement with L.H. Information and Technology (LHIT) in Hong Kong. LHIT is one of Asia's leading Social Gaming Operators. LHIT has an extensive active customer base and will offer the exciting new Lucky Panda Apps to its customer base.  

Brian Goodman, CEO stated that “Having a strong mobile presence is critical, the exciting Social Casino Apps will further enhance the company’s revenues and its overall positioning in the Social Gaming arena. Global revenue from mobile in-application sales has surpassed 14 billion US dollars in 2015. While mobile Apps become more popular and mobile Internet more widely available, revenues generated from applications are reaching unprecedented records. In 2016, it is estimated that worldwide consumers will spend some 50 billion U.S. dollars on mobile Apps via App stores, but this number is expected to double by 2020.

Social casino games have become a $2.7 billion worldwide industry in a short few years thanks to rapid growth on Facebook and mobile. Golden Matrix Group has the skills and technology that are necessary to compete in the growing global market and in particular the Asian markets where culturally relevant content is a necessity. As the company introduces new gaming applications they will include popular casino games, poker, bingo, Slots and table games to be offered in a Social Environment.”

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

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About Golden Matrix Group

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Providing Turnkey Social Online Gaming Technology to Online Social Gaming Operators