Gaming Industry

Golden Matrix Group (NASDAQ: GMGI) announced that CEO Brian Goodman will step down on December 12 2025, with Chairman William Scott assuming the role of interim CEO and leading the board’s search for a permanent successor. Scott, a veteran of global gaming and regulated markets, will focus on performance, operational optimization, and value creation. The company described itself as a diversified, profitable, NASDAQ‑listed international gaming group with recurring revenue and expanding regulated‑market presence. Recent Q3 2025 results showed $47.3 million revenue and a modest net profit.

Electronic Arts’ shares jumped 15% following reports of a potential $50 billion privatization deal led by investors, including Saudi Arabia’s PIF and Silver Lake. This could be the largest LBO in history, driven by EA’s valuable IP like The Sims and Madden NFL. Privatization might allow EA to pursue long-term strategic investments, moving away from quarterly earning pressures. The deal highlights Saudi Arabia’s growing gaming sector investments. The impact on EA’s future strategy, employees, and the gaming industry is uncertain.

Following the trailer release of “Black Myth: Zhong Kui,” media speculation surrounding Game Science’s anticipated “Black Myth: Wukong” backfired. An article framing a hypothetical low completion rate (46.5%) as negative drew online ridicule. The criticism stemmed from a misunderstanding of typical game completion rates, where 50% is considered respectable, even exceeding rates for titles like “Elden Ring” and “Dark Souls.” The incident highlights the importance of understanding gaming culture when reporting on the industry.