Golden Matrix Group, a developer and licensor of online gaming platforms, systems and gaming content, has entered into an Exclusive Distribution agreement with Elray Resources wherein it will have the exclusive rights to supply all gaming content to Elray Resources’ clients.
Elray Resources, trading as Elray Gaming, will launch its B2B Online Crypto Casino systems and technology together with content provided by Golden Matrix that will be utilised by Crypto Casino gaming operators.
The Global Crypto Gambling Industry is predicted to reach $93bn By 2024.
Mr. Goodman, CEO, said: “Online entertainment and virtual currency have become particularly aligned in recent years. These blockchain, digital concepts have created a unique way of generating profit in the form of online gambling Casinos.
“The exclusive distribution agreement reached between Golden Matrix and Elray is expected to generate sizable revenues for Golden Matrix over time.
“It seems as though nothing can slow the growth of the online casino industry. Online Casinos continued to generate business during the pandemic and are now following the latest trends including allowing Crypto Currencies as payment methods.
“The collaboration between Golden Matrix and Elray Gaming is a perfect scenario. Elray Gaming has proprietary blockchain technology that will result in numerous gaming operators not only utilizing Elray’s Blockchain Technology but also Golden Matrix’s gaming Content, a win-win for both companies.
“When you factor in how far cryptocurrency has come and how the gambling industry has embraced it, it is safe to say that the crypto gambling market will keep expanding with the number of Crypto Casino operators to grow in the future.”