diff --git a/packages/emulation/libretro-picodrive/package.mk b/packages/emulation/libretro-picodrive/package.mk
index 8a2ccab618..395cc22bb8 100644
--- a/packages/emulation/libretro-picodrive/package.mk
+++ b/packages/emulation/libretro-picodrive/package.mk
@@ -2,11 +2,11 @@
 # Copyright (C) 2016-present Team LibreELEC (https://libreelec.tv)
 
 PKG_NAME="libretro-picodrive"
-PKG_VERSION="67cdfb8c5d407c5a4e8f25ffa0ee7fac716b0690"
-PKG_SHA256="39871c4c5d2af833a4ae56ef83cfe21102edc563b728f00c56d50de9857cbf1e"
+PKG_VERSION="3620f75d20e43abd2f9d793a7c0824c764c3860b"
+PKG_SHA256="cff60412dbdad246cbe8bb6673679b5b0b15f93c9cd4434bc2bb1c56aa5ec551"
 PKG_LICENSE="MAME"
-PKG_SITE="https://github.com/libretro/picodrive"
-PKG_URL="https://github.com/libretro/picodrive/archive/${PKG_VERSION}.tar.gz"
+PKG_SITE="https://github.com/kodi-game/picodrive"
+PKG_URL="https://github.com/kodi-game/picodrive/releases/download/picodrive-${PKG_VERSION}/picodrive-${PKG_VERSION}.tar.gz"
 PKG_DEPENDS_HOST="toolchain:host"
 PKG_DEPENDS_TARGET="toolchain kodi-platform ${PKG_NAME}:host"
 PKG_DEPENDS_UNPACK="cyclone68000"
diff --git a/packages/mediacenter/kodi-binary-addons/game.libretro.picodrive/package.mk b/packages/mediacenter/kodi-binary-addons/game.libretro.picodrive/package.mk
index e2c5d3bac8..49494e8051 100644
--- a/packages/mediacenter/kodi-binary-addons/game.libretro.picodrive/package.mk
+++ b/packages/mediacenter/kodi-binary-addons/game.libretro.picodrive/package.mk
@@ -2,8 +2,8 @@
 # Copyright (C) 2016-present Team LibreELEC (https://libreelec.tv)
 
 PKG_NAME="game.libretro.picodrive"
-PKG_VERSION="1.96.0.16-Matrix"
-PKG_SHA256="b3d30cfb97a377ebb29041b053dda363b0a7d921f2a5e8fc9cbb510ea3b0249d"
+PKG_VERSION="1.98.0.23-Matrix"
+PKG_SHA256="f05ae0f19795a2fe52795bd7ae6ff4d8dc5337285643db3a22f541135b14d6f1"
 PKG_REV="1"
 PKG_ARCH="any"
 PKG_LICENSE="GPL"