FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Feng Weiting 2. Issuer Name and Ticker or Trading Symbol Golden Matrix Group, Inc. [ GMGI ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Operating Officer
(Last)         (First)         (Middle)
3651 LINDELL RD STE D131
3. Date of Earliest Transaction (MM/DD/YYYY)
9/16/2021
(Street)
LAS VEGAS, NV 89103
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock  9/16/2021    M    700000  A $0.825  1385205  D   
Common Stock  9/16/2021    F(1)    83696  D $6.90  1301509  D   

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)  $0.825  9/16/2021    M        700000    (2) 9/18/2021  Common Stock  700000  $0  0  D   

Explanation of Responses:
(1)  Represents a "net exercise" of outstanding stock options. The reporting person received 616,304 shares of common stock on the net exercise of an option to purchase 700,000 shares of common stock. The Issuer withheld 83,696 shares of common stock underlying the option in payment of the exercise price, based on the closing sales price of the Issuer's common stock on September 15, 2021, the day immediately prior to the date the option was exercised.
(2)  The option vested in three installments, with 33% vesting every six months after the grant date, subject to the Reporting Person's continued performance of services for the Issuer through each vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Feng Weiting
3651 LINDELL RD STE D131
LAS VEGAS, NV 89103
X
Chief Operating Officer

Signatures
/s/ Weiting Feng 10/5/2021
**Signature of Reporting Person Date
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