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Global Matrix Group (NASDAQ: GMGI) Appoints Mr William Scott to Build on Success and Accelerate Growth

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Golden Matrix Group (NASDAQ: GMGI) announced a planned leadership transition on December 8, 2025: CEO Brian Goodman will step down effective December 12, 2025 (or earlier if agreed) and Chairman William Scott will become Interim CEO.

William Scott will also chair the Board committee conducting the search for a permanent CEO and said his near-term priorities are performance, operational optimization, and continued value creation. The company described its position as a diversified, profitable, NASDAQ-listed international gaming group with recurring revenue and expansion into regulated markets.

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Positive

  • Experienced interim CEO: William Scott brings global gaming and regulated-markets experience
  • Board-led CEO search: Chairing the committee increases governance oversight
  • Strategic position: Company described as diversified, profitable, and built on recurring revenue

Negative

  • Leadership transition creates near-term uncertainty until a permanent CEO is appointed
  • Interim period may delay execution while the Board conducts a CEO search

Mr William ScottGolden Matrix Group Announces the Retirement of CEO Brian Goodman, Appointment of William Scott as CEO and Launch of Next Phase of Strategic Execution

LAS VEGAS, NV - December 8, 2025, Golden Matrix Group Inc. (NASDAQ: GMGI) (the "Company" and "Golden Matrix"), a global provider of online gaming platforms, content, and technology, today announced a planned leadership transition that aligns with the Company's next phase of strategic execution and operational scale.

Mr. Brian Goodman has agreed to step down as Chief Executive Officer and member of the Board of Directors of the Company effective December 12, 2025, unless an earlier date is agreed between Mr. Goodman and the Company. Mr. William Scott, Chairman of the Board and a globally recognized gaming executive, will take over as Interim Chief Executive Officer. Mr. Scott will also Chair the Board Committee responsible for appointing the Company's next Chief Executive Officer.

During his tenure, Mr. Goodman guided Golden Matrix through a period of significant transformation, shifting from a micro-cap operator to a diversified, NASDAQ-listed international gaming group. Under his leadership, the Company expanded into multiple regulated markets, built a portfolio of scalable B2B and B2C platforms, and established a business model built on recurring revenue and disciplined growth.

"Golden Matrix is built on solid ground - diversified, profitable, and prepared to scale," said William Scott, Interim CEO and Chairman. "Brian laid the foundation. Our next chapter is about execution, scale and consistent performance. With strong fundamentals, global reach, and disciplined execution, we believe we are positioned to outperform the market and deliver exceptional long-term value for our shareholders."

Mr Scott brings extensive experience in global gaming and regulated markets. He previously held senior executive roles at GTECH/Lottomatica where he played a leading role in that company's evolution from a lottery-focused business into a broader international gaming group.

As interim CEO, while leading the permanent CEO search, he will prioritize performance, operational optimization and continued value creation for shareholders. Golden Matrix is committed to innovation, compliance, and delivering consistent results in a dynamic industry landscape.

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FAQ

Who will be interim CEO of Golden Matrix Group (GMGI) after December 12, 2025?

Chairman William Scott will serve as Interim CEO effective December 12, 2025 (or earlier if agreed).

When does current CEO Brian Goodman step down from GMGI?

Brian Goodman will step down as CEO and board member effective December 12, 2025, unless an earlier date is agreed.

What are William Scott’s priorities as interim CEO of GMGI?

He will prioritize performance, operational optimization, and continued value creation for shareholders.

Will William Scott lead the search for GMGI’s next permanent CEO?

Yes; William Scott will chair the Board committee responsible for appointing the company’s next CEO.

How did Golden Matrix describe its business position in the announcement?

The company described itself as a diversified, profitable, NASDAQ-listed international gaming group with recurring revenue and operations in regulated markets.
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