Golden Matrix Group Inc. has appointed Atul Bali as a non-executive director to its board, effective December 18, 2025. Bali will also serve on the audit and nominating committees while chairing the compensation committee, bringing over three decades of executive experience across gaming, lottery, fintech, and digital entertainment sectors spanning more than 50 countries.
Bali most recently served as lead independent director of Everi Holdings Inc. from 2019 until the company's acquisition by Apollo Global Management in July 2025 in a transaction valued at $6.3 billion. His extensive career includes leadership roles as president and CEO of GTECH G2 Ltd., president and CEO of Aristocrat Technologies Inc., chairman of The Football Pools Ltd., and president and CEO of RealNetworks Inc. He has guided companies through initial public offerings, private equity transactions, operational turnarounds, and regulatory licensing processes across multiple continents.
"Atul's appointment represents a significant milestone for Golden Matrix," said William Scott, interim chief executive officer of Golden Matrix Group. "His track record guiding public companies through complex growth phases, M&A transactions, and regulatory environments across multiple jurisdictions is directly aligned with our strategic priorities."
The appointment comes as Golden Matrix continues to expand its global footprint following its 2024 acquisition of Meridianbet Group, a leading online sports betting and gaming operator licensed in multiple jurisdictions across Europe, Africa, and South America. The company operates across both business-to-business and business-to-consumer segments, developing proprietary gaming platforms while operating regulated online casinos including MEXPLAY in Mexico.
Bali's governance expertise and global perspective arrive at a critical juncture for the gaming technology sector, where regulatory compliance and international expansion present both opportunities and challenges. His background in navigating complex regulatory environments across Europe, North America, Latin America, Asia, and Africa positions him to provide strategic guidance as Golden Matrix seeks to expand in regulated markets while maintaining strict compliance with international laws.
The company's sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current US law, demonstrating the importance of regulatory expertise in global gaming operations. Bali's appointment follows the resignation of Thomas McChesney as independent director, effective December 12, 2025.
For investors and industry observers, this board appointment signals Golden Matrix's commitment to strengthening governance and pursuing strategic growth in competitive international markets. The gaming technology sector continues to evolve rapidly, with companies facing increasing regulatory scrutiny and the need for sophisticated compliance frameworks across multiple jurisdictions.
Bali holds professional credentials as a Fellow Chartered Accountant with the Institute of Chartered Accountants in England and Wales and earned a BA in Law & Economics from Keele University. His financial and legal background complements his extensive operational experience in the gaming industry, providing a comprehensive skill set for board-level oversight of Golden Matrix's expanding operations.
