Expanse
Expanse Studios Obtains Croatian iGaming Certification

VALLETTA , Malta, July 01, 2025 (GLOBE NEWSWIRE) — Expanse Studios, the B2B game development division of Golden Matrix Group Inc. (NASDAQ: GMGI), has received official certification from Croatia’s Ministry of Finance for its flagship game Super Heli, with additional titles in the company’s 56-game portfolio expected to receive approval in the coming weeks for the EU member state.
The certification marks a strategic entry into a market that generated US$484.70m in 2024, with projected growth at a CAGR of 8.4% during 2024-2030. Super Heli, Expanse’s most popular crash-style game, becomes the first of the studio’s titles approved for the Croatian market, paving the way for broader portfolio distribution.
Tapping Into High-Growth European Market
Croatia represents a compelling opportunity for B2B gaming suppliers, with the Online Casinos segment alone projected at US$218.10m in 2024. According to iGamingToday’s latest market research, Croatia’s gambling market will reach €720.42 million by 2025, making it one of Europe’s fastest-growing regulated markets.
Among the key market benefits are:
- Accelerating digital adoption – Internet penetration jumped from 76% in 2020 to 83% in 2023
- Over 20.6 million tourist arrivals in 2023 following Schengen Zone entry
- Over 500,000 Croatians expected to engage in regular online gambling by 2027
Strategic Value for the Company
The certification strengthens Expanse Studios’ European footprint at a critical juncture. With 56 proprietary titles and 500+ B2B partners globally, Expanse is expected to capture a meaningful share in the growing EU market.
“Croatia certification is more than market access—it’s validation of our content quality and compliance capabilities in demanding EU jurisdictions,” said Damjan Stamenkovic, CEO of Expanse Studios. “With our flagship title Super Heli already approved and more games in the pipeline, we’re very excited for the opportunities this markets brings us.”
Competitive Advantage in Regulated Markets
Croatia’s regulatory framework favors established, compliant B2B providers. Operators must obtain licenses requiring significant capital investment, and only licensed casino games operators who have at least one brick-and-mortar casino can offer online gambling. This creates high barriers to entry and positions certified B2B suppliers like Expanse as essential partners for operators.
About Golden Matrix
Golden Matrix Group, based in Las Vegas NV, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients and RKings, its B2C division, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The Company also owns and operates MEXPLAY, a regulated online casino in Mexico.
About Expanse Studios
Founded in 2017, Expanse Studios, part of Golden Matrix Group (NASDAQ: GMGI), is a B2B iGaming content provider, specializing in slots, crash games, table games, and gamified casino experiences. With a portfolio of 55 proprietary games, the studio delivers high-quality, market-adapted content for regulated markets. For more information, visit expanse.studio or contact [email protected].Â
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3e072e16-8365-4c49-95e3-c6b40ed433a8
Expanse
Expanse Studios to Showcase Flagship iGaming Portfolio at G2E 2025 in Las Vegas

LAS VEGAS, Oct. 01, 2025 (GLOBE NEWSWIRE) — Expanse Studios, the fast-growing iGaming content developer and subsidiary of Golden Matrix Group (NASDAQ: GMGI), is set to participate at this year’s Global Gaming Expo (G2E), taking place October 6–9 at the Venetian Expo in Las Vegas.
Expanse Studios will be exhibiting at Booth #4233.
At G2E 2025, Expanse will present its expanding portfolio of 56 proprietary games—including crash-style formats, classic slots, card and table games, and turn-based strategies—designed for regulated markets, social gaming platforms, and emerging alternative casino models.
Its current B2B distribution network spans over 1,000 operator partners globally.
The company has recently expanded its North American footprint through multiple integrations with next-gen U.S. gaming platforms and expects further growth in regulated jurisdictions, including Croatia, where it’s been granted an iGaming license, and Romania, where Expanse has applied for a Class 2 iGaming license.
“We’re excited to bring Expanse Studios to the G2E stage,” said Damjan Stamenković, CEO of Expanse Studios. “This is an opportunity to announce our most recent product updates and show how our unique game mechanics, growing B2B network, and fresh approach to casino content are helping shape the future of online gaming.”
G2E is the premier global gaming event where industry leaders, innovators, and regulators gather to explore the future of gaming.
Attendees can meet the Expanse Studios team at Booth #4233 to demo new releases, explore partnership opportunities, and discuss the studio’s global roadmap.
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 1,000 casino brands across Europe, LATAM, and North America.
The studio distributes content for real-money gaming, alternative casino formats, and social platforms. Learn more at expanse.studio.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f68a92c-701e-4aa7-8687-863288382aba
CONTACT: Contact: [email protected]
Expanse
Expanse Studios Secures U.S. and EU Distribution Deal with Bragg Gaming

LAS VEGAS, July 22, 2025 (GLOBE NEWSWIRE) — Expanse Studios, a cutting-edge game developer focused on innovative iGaming experiences and a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has entered into a content partnership with Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG), a global B2B iGaming content and technology provider. The agreement significantly expands the distribution of Expanse Studios’ proprietary slots, crash and table games across over 30 regulated markets globally, including the U.S., Canada, Latin America and Europe.
The partnership brings together Expanse Studios’ diverse portfolio of 55+ proprietary games and Bragg Gaming’s extensive distribution capabilities, creating powerful synergies for both parties. By combining Expanse Studios’ high-quality content with Bragg’s robust global network, the collaboration enhances global reach for both parties while offering operators a broader range of engaging iGaming experiences.
“Our partnership with Bragg Gaming is a strategic milestone in our efforts to scale rapidly across the U.S. and European markets,” said Damjan Stamenkovic, CEO of Expanse Studios. “The combination of our unique proprietary content and Bragg’s powerful distribution network creates a compelling proposition for operators seeking to enrich their iGaming portfolios. The partnership reflects our ongoing commitment to providing exceptional gaming experiences around the world.”
Bragg’s “Hub” platform offers access to a vast network of regulated markets, enabling Expanse Studios to accelerate its growth and strengthen its position as a leading global B2B iGaming content provider. The integration allows for the seamless deployment of Expanse Studios’ content, supported by Bragg’s cutting-edge analytics and player engagement tools.
Hristofor Hristov, Commercial Director, Aggregation at Bragg Gaming Group, commented,  “We’re delighted to be able to expand our content reach across the U.S., Latin America and Europe, all of which are important markets for Bragg. This is especially true in the U.S., which is a key focus area for our continued expansion in 2025. I look forward to seeing a warm reception to Expanse Studios’ content from our operator partners, especially for the firm’s crash games, which have proven to be a very popular addition to the Bragg content slate.”
About Expanse Studios
Expanse Studios is a B2B iGaming content provider specializing in slots, crash games, table games, and gamified casino experiences. With a growing portfolio of over 56 proprietary games, Expanse Studios delivers premium gaming content for regulated markets, sweepstakes platforms, and social casinos worldwide. For more information, visit expanse.studio.
About Bragg Gaming Group
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a leading provider of iGaming content and platform technology for online and land-based operators. Its portfolio includes proprietary and exclusive casino titles from in-house brands like Wild Streak Gaming, Atomic Slot Lab, and Indigo Magic, distributed via the Bragg HUB platform. Bragg’s advanced player account management (PAM) and Fuze™ engagement tools enhance player experiences across over 30 regulated markets worldwide, including the U.S., Canada, LatAm, and Europe.
Contact:Â [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7d999ee6-41c2-43ad-a76a-5baa73a008fc
Expanse
Expanse Studios (GMGI) Obtains Croatian iGaming Certification

VALLETTA , Malta, July 01, 2025 (GLOBE NEWSWIRE) — Expanse Studios, the B2B game development division of Golden Matrix Group Inc. (NASDAQ: GMGI), has received official certification from Croatia’s Ministry of Finance for its flagship game Super Heli, with additional titles in the company’s 56-game portfolio expected to receive approval in the coming weeks for the EU member state.
The certification marks a strategic entry into a market that generated US$484.70m in 2024, with projected growth at a CAGR of 8.4% during 2024-2030. Super Heli, Expanse’s most popular crash-style game, becomes the first of the studio’s titles approved for the Croatian market, paving the way for broader portfolio distribution.
Tapping Into High-Growth European Market
Croatia represents a compelling opportunity for B2B gaming suppliers, with the Online Casinos segment alone projected at US$218.10m in 2024. According to iGamingToday’s latest market research, Croatia’s gambling market will reach €720.42 million by 2025, making it one of Europe’s fastest-growing regulated markets.
Among the key market benefits are:
- Accelerating digital adoption – Internet penetration jumped from 76% in 2020 to 83% in 2023
- Over 20.6 million tourist arrivals in 2023 following Schengen Zone entry
- Over 500,000 Croatians expected to engage in regular online gambling by 2027
Strategic Value for the Company
The certification strengthens Expanse Studios’ European footprint at a critical juncture. With 56 proprietary titles and 500+ B2B partners globally, Expanse is expected to capture a meaningful share in the growing EU market.
“Croatia certification is more than market access—it’s validation of our content quality and compliance capabilities in demanding EU jurisdictions,” said Damjan Stamenkovic, CEO of Expanse Studios. “With our flagship title Super Heli already approved and more games in the pipeline, we’re very excited for the opportunities this markets brings us.”
Competitive Advantage in Regulated Markets
Croatia’s regulatory framework favors established, compliant B2B providers. Operators must obtain licenses requiring significant capital investment, and only licensed casino games operators who have at least one brick-and-mortar casino can offer online gambling. This creates high barriers to entry and positions certified B2B suppliers like Expanse as essential partners for operators.
About Golden Matrix
Golden Matrix Group, based in Las Vegas NV, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients and RKings, its B2C division, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The Company also owns and operates MEXPLAY, a regulated online casino in Mexico.
About Expanse Studios
Founded in 2017, Expanse Studios, part of Golden Matrix Group (NASDAQ: GMGI), is a B2B iGaming content provider, specializing in slots, crash games, table games, and gamified casino experiences. With a portfolio of 55 proprietary games, the studio delivers high-quality, market-adapted content for regulated markets. For more information, visit expanse.studio or contact [email protected].Â
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3e072e16-8365-4c49-95e3-c6b40ed433a8
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