VALLETTA, Malta and LAS VEGAS, Dec. 04, 2025 (GLOBE NEWSWIRE) — Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has signed a content distribution agreement with Vegas.hr, one of Croatia’s fastest-growing online casinos, to supply certified games across the operator’s online casino platform.

The partnership, facilitated through the Bragg Gaming aggregation platform, makes Expanse’s certified Croatian portfolio available to Vegas.hr players, including popular titles Super Heli, Wild Icy Fruits, Titan Roulette, Wild White Whale, and additional games across slots, crash, and table game categories.

Games now live on Vegas.hr include Wild Icy Fruits, Super Heli, Wild White Whale, Pia, Pinata Loca, Titan Roulette, Zombie Apocalypse, Veni Vidi Vici, God of Coins, Sic Bo, Magic Wheel, Joker Poker, Diamond Blackjack, Clown Fever, and Clown Fever Deluxe.

Strategic Access to Another Growing EU Market

Croatia represents a fast-growing regulated iGaming market within the European Union, with online casino revenue projected at $482 million in 2025, according to Statista. The market benefits from accelerating digital adoption, as, according to DataReportal, at the start of 2024 internet penetration in Croatia stood at 84.4 %.

Expanse Studios received its initial Croatian certification from the Ministry of Finance in July 2025, beginning with Super Heli and expanding to 15 certified titles currently available for licensed operators.

“Vegas.hr represents one of Croatia’s fastest-growing operators in a high-growth EU market as such, where regulatory compliance and content quality are prerequisites for market access,” said Damjan Stamenkovic, CEO of Expanse Studios. “This partnership demonstrates the commercial value of our Croatian certification and positions us to expand distribution as we bring additional games through the approval process. We’re focused on building operator relationships in regulated markets where certification creates competitive advantages.”

Expanse Studios’ Growing European B2B Distribution Network

The Vegas.hr partnership follows Expanse Studios’ recent regulatory approvals in Romania (ONJN) and Sweden (Spelinspektionen), and commercial partnerships with operators including AdmiralBet (Novomatic Group) and MerkurXtip (Merkur Group) across Southeast and Central European markets.

With over 1,300 B2B operator partnerships globally and a portfolio of 56 proprietary titles, Expanse continues scaling its distribution infrastructure across regulated European jurisdictions where licensed operators require certified, compliant gaming content.

About Expanse Studios

Expanse Studios, part of the Golden Matrix Group (NASDAQ: GMGI), is a B2B iGaming content provider specializing in slots, crash games, turn-based strategies, and card games. With a growing portfolio of 56 proprietary titles, Expanse powers over 1,300 casino brands across Europe, LATAM, and North America.

Learn more at expanse.studio.

About Golden Matrix

Golden Matrix Group Inc. (NASDAQ: GMGI), based in Las Vegas, is a gaming technology company operating globally through B2B divisions (GMAG, Expanse Studios) that develop and license proprietary platforms, and B2C operations including RKings (UK competitions), Mexplay (Mexico online casino), Classics (Australian – based subscription and loyalty business) and Meridianbet—a leading sportsbook licensed in 18 jurisdictions across Europe, Africa, and South America. Learn more at goldenmatrix.com.

Contact: [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d0f573f0-97b9-4959-99d5-c0a9483ac485

LAS VEGAS, Dec. 03, 2025 (GLOBE NEWSWIRE) — Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), today announced the deployment of two promotional game features designed to enhance operator marketing capabilities and player engagement across its distribution network of 1,300+ casino brands.

The new promotional tools—Time Free Spins and Bonus Game Trigger—address a high-margin segment of the B2B iGaming market where operators pay premium fees for differentiated promotional mechanics that drive player acquisition and lifetime value. The features are now live across Expanse’s distribution network spanning Europe, Latin America, and North America.

Monetizing Operator Marketing Budgets Through Product Innovation

The promotional tools represent a strategic expansion of Expanse’s revenue model beyond traditional content licensing. As iGaming operators face rising customer acquisition costs—demand for retention-focused promotional mechanics has accelerated, creating new revenue opportunities for B2B content providers offering integrated marketing solutions.

Time Free Spins enables operators to deploy time-based promotional campaigns where players engage in rapid-fire gaming sessions within fixed durations (typically 60 seconds), generating high engagement rates with minimal operational complexity. The feature is designed for mass-market promotional events and casual player activation, addressing operator demand for scalable promotional tools that drive session frequency without requiring complex bonus administration.

Bonus Game Trigger provides operators with instant bonus round activation capabilities, allowing direct player access to high-value game features without standard gameplay requirements. This tool supports targeted VIP retention programs and player reactivation campaigns, addressing a critical operator need for flexible promotional mechanics in highly competitive markets.

“The iGaming B2B market is shifting toward providers who can deliver not just content, but integrated operator solutions that directly impact revenue and retention metrics,” said Damjan Stamenkovic, CEO of Expanse Studios. “These promotional tools represent a higher-margin revenue stream that leverages our existing distribution infrastructure across 1,300 operators. Our Q3 performance validates the market opportunity—operators in regulated markets are actively seeking compliant, innovative content from certified providers, and we’re positioned to capitalize on that demand as we expand into additional licensed jurisdictions.”

Expanse Studios’ Q3 FY2025 results (ending September 30, 2025) demonstrate significant commercial traction as the company scales its B2B distribution infrastructure:

• Revenue: +433% YoY – Driven by expanded operator partnerships and increased content deployment
• Unique Active Players: 564,000 (+248% YoY) – Reflecting growing market penetration across 1,300+ casino brands
• Game Spins: +155% – Indicating strong player engagement with Expanse content
• Player Deposits (Pay-In): +265% – Demonstrating monetization growth across operator network
• Gross Gaming Revenue (GGR): +386% – Validating content performance and operator retention

During Q3, Expanse added over 300 new B2B operator partnerships, reaching the 1,300-partner milestone. The company’s flagship title, Gates of Olympia, continues driving player retention and engagement across all markets, demonstrating the commercial viability of Expanse’s proprietary content portfolio.

About Expanse Studios

Expanse Studios, part of the Golden Matrix Group (NASDAQ: GMGI), is a B2B iGaming content provider specializing in slots, crash games, turn-based strategies, and card games. With a growing portfolio of 56 proprietary titles, Expanse powers over 1,300 casino brands across Europe, LATAM, and North America.

Learn more at expanse.studio.

About Golden Matrix

Golden Matrix Group Inc. (NASDAQ: GMGI), based in Las Vegas, is a gaming technology company operating globally through B2B divisions (GMAG, Expanse Studios) that develop and license proprietary platforms, and B2C operations including RKings (UK competitions), Mexplay (Mexico online casino), Classics (Australian – based subscription and loyalty business) and Meridianbet—a leading sportsbook licensed in 18 jurisdictions across Europe, Africa, and South America. Learn more at goldenmatrix.com.

CONTACT: Contact: [email protected]

VALLETTA, Malta and LAS VEGAS, Dec. 02, 2025 (GLOBE NEWSWIRE) — Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has been granted a software provider license by Spelinspektionen, Sweden’s national gambling authority, authorizing the company to distribute gaming software to licensed operators in one of Europe’s most mature and regulated iGaming markets.

The license, valid until December 1, 2030, enables Expanse Studios to supply its portfolio of proprietary slot games, crash games, and casino content to Sweden’s licensed B2C operators. This approval positions the company to serve a market that generated approximately €2.4 billion in total gambling revenue in 2024, with online gaming accounting for 64% of total market activity.

Entry into Europe’s Most Regulated Market

Sweden represents one of Europe’s most sophisticated iGaming jurisdictions, with approximately 100 licensed operators serving a population of 10.5 million where internet penetration exceeds 95%. In 2024, the online gambling revenue reached $1.9 billion, reflecting a 5% increase from the previous year.

The Swedish market maintains one of Europe’s highest channelization rates at 85-90%, indicating strong player preference for licensed platforms. Sweden’s regulatory framework, established through the 2019 Gambling Act and overseen by Spelinspektionen, emphasizes technical compliance, responsible gaming, and transparent operations—standards that align with Expanse Studios’ existing operations across 1,300+ casino brands in regulated markets.

“Sweden’s licensing framework sets the gold standard for regulated iGaming markets in Europe,” said Damjan Stamenkovic, CEO of Expanse Studios. “Securing the license approval from the Swedish Authority once again validated our technical capabilities and commitment to responsible gaming in one of the world’s most demanding regulatory environments. This license opens substantial distribution opportunities with established operators serving a highly engaged, tech-savvy player base.”

The Swedish license complements Expanse Studios’ recent European regulatory approvals in Romania and commercial partnerships with operators including AdmiralBet (Novomatic Group) and MerkurXtip (Merkur Group), demonstrating accelerating demand for certified, compliant content across regulated jurisdictions in Europe.

Sweden’s market characteristics—including strong preference for mobile platforms, high consumer spending on digital entertainment, and established payment infrastructure—align well with Expanse Studios’ content portfolio. With 56 proprietary titles including Super Heli, Titan Roulette, and Wild Icy Fruits, the company continues scaling its high-margin B2B operations across Europe, Latin America, and North America.

This license approval reinforces Golden Matrix Group’s strategic focus on expanding regulated B2B operations in jurisdictions with transparent licensing frameworks and very robust player protection standards.

About Expanse Studios

Expanse Studios, part of the Golden Matrix Group (NASDAQ: GMGI), is a B2B iGaming content provider specializing in slots, crash games, turn-based strategies, and card games. With a growing portfolio of 56 proprietary titles, Expanse powers over 1,300 casino brands across Europe, LATAM, and North America.

Learn more at expanse.studio.

About Golden Matrix

Golden Matrix Group Inc. (NASDAQ: GMGI), based in Las Vegas, is a gaming technology company operating globally through B2B divisions (GMAG, Expanse Studios) that develop and license proprietary platforms, and B2C operations including RKings (UK competitions), Mexplay (Mexico online casino), Classics (Australian – based subscription and loyalty business) and Meridianbet—a leading sportsbook licensed in 18 jurisdictions across Europe, Africa, and South America. Learn more at goldenmatrix.com.

Contact: [email protected]  

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b3d225ff-58ef-486e-bb43-61904a067f1d