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Expanse Studios (GMGI) Enters Belgian iGaming Market
Globenewswire· 2025-12-23 14:20
Core Insights - Expanse Studios, a subsidiary of Golden Matrix Group Inc., is launching its proprietary game portfolio in Belgium through a partnership with Golden Palace, a licensed online casino aggregator [1][2]. Group 1: Market Entry and Expansion - The launch signifies Expanse Studios' entry into the Belgian market, enhancing the company's European distribution presence [2]. - Expanse Studios' game content will be accessible to Belgian players via Golden Palace's aggregation platform, which serves licensed B+ operators in Belgium's regulated online casino market [2][3]. Group 2: Market Overview - Belgium's online casino market generated €455 million in gross gaming revenue in 2023, reflecting a year-over-year growth of 20.2% and representing the largest segment of Belgium's €944.6 million online gambling market [3]. - The market is regulated by the Belgian Gaming Commission, which oversees 24 active B+ license holders [3]. Group 3: Company Strategy and Focus - Expanse Studios develops proprietary slot and table game content, distributing it through B2B partnerships to over 1,300 operators globally [4]. - The partnership with Golden Palace allows Expanse Studios to focus on content development while gaining immediate access to licensed Belgian operators, facilitating scalable expansion across regulated European markets [5]. Group 4: Company Profile - Expanse Studios is part of Golden Matrix Group, specializing in B2B iGaming content, with a portfolio of 56 proprietary titles [6]. - Golden Matrix Group operates globally through various B2B and B2C divisions, including online casinos and sports betting platforms [7].