Global Coalition Initiative for Flood Relief in Rio Grande do Sul, Brazil
Golden Matrix Group (NASDAQ: GMGI), a major B2B and B2C gaming technology business, has joined a global coalition campaign to aid in flood relief operations in Rio Grande do Sul, Brazil. This collaboration seeks to provide significant assistance to the communities in this Brazilian state who have been severely affected by the recent catastrophic flooding.
The gaming industry’s involvement with local NGOs and humanitarian organizations has grown dramatically, with over 225 community impact projects carried out last year alone, largely through the operations of its affiliate Meridianbet.
Over the last week, Rio Grande do Sul has experienced extraordinary rains, turning streets into rivers and isolating entire towns. The current situation remains grim, with hundreds of people still missing, despite the fact that rescue operations have successfully evacuated almost 200,000 citizens by boat and helicopter. The floods wreaked havoc on infrastructure, destroying multiple bridges and severely hampering access to Porto Alegre. The aftermath of the accident has also resulted in nighttime looting in stores, increasing the urgency of relief efforts.
Golden Matrix Group urges its stakeholders and the worldwide community to support this cause and help give critical aid to the afflicted communities. The company’s dedication to corporate social responsibility is demonstrated by its active involvement in humanitarian activities and assistance to those in need.
Golden Matrix Group has its headquarters in Las Vegas, Nevada, and operates in 17 regulated areas throughout the world. The company’s B2B branch creates and licenses branded gaming systems for clients, while its B2C division, RKings, runs a high-volume eCommerce site that allows users to attend paid-for competitions on its own platform. In addition, the corporation owns and manages MEXPLAY, Mexico’s regulated online casino. Golden Matrix’s acquisition of MeridianBet boosted its foothold in the sports betting and gaming industry across numerous territories in Europe, Africa, and Latin America.