Core Insights - Expanse Studios has entered a content distribution agreement with Vegas.hr, enhancing its presence in the Croatian iGaming market [1][2] - The partnership allows Vegas.hr to offer a range of certified games from Expanse's portfolio, including popular titles [2][3] - Croatia's online casino revenue is projected to reach $482 million in 2025, indicating a rapidly growing market [4] Company Developments - Expanse Studios has received Croatian certification from the Ministry of Finance, starting with Super Heli and expanding to 15 certified titles [5] - The CEO of Expanse Studios highlighted the importance of regulatory compliance and content quality for market access [6] - The partnership with Vegas.hr is part of Expanse's strategy to build relationships in regulated markets [6] Market Context - Croatia's iGaming market is characterized by accelerating digital adoption, with internet penetration at 84.4% at the start of 2024 [4] - Expanse Studios has also secured regulatory approvals in Romania and Sweden, expanding its European B2B distribution network [7] - The company has over 1,300 B2B operator partnerships globally and a portfolio of 56 proprietary titles [8]

Core Insights - Expanse Studios has received a software provider license from Spelinspektionen, allowing it to distribute gaming software in Sweden's regulated iGaming market [1][2][4] - The license is valid until December 1, 2030, enabling Expanse Studios to supply its proprietary games to licensed B2C operators in Sweden, a market that generated approximately €2.4 billion in total gambling revenue in 2024 [2][3] - Sweden's online gambling revenue reached $1.9 billion in 2024, reflecting a 5% increase from the previous year, with online gaming accounting for 64% of total market activity [2][3] Market Characteristics - Sweden has around 100 licensed operators serving a population of 10.5 million, with internet penetration exceeding 95% [3] - The market has a high channelization rate of 85-90%, indicating strong player preference for licensed platforms [4] - The regulatory framework established by the 2019 Gambling Act emphasizes technical compliance, responsible gaming, and transparency, aligning with Expanse Studios' operational standards [4] Company Strategy and Growth - The CEO of Expanse Studios highlighted that the license approval validates the company's technical capabilities and commitment to responsible gaming [5] - The Swedish license complements Expanse Studios' recent regulatory approvals in Romania and partnerships with operators like AdmiralBet and MerkurXtip, indicating growing demand for compliant content in Europe [5][6] - Expanse Studios has a portfolio of 56 proprietary titles and aims to scale its B2B operations across Europe, Latin America, and North America [6][8] Parent Company Overview - Golden Matrix Group Inc. operates globally through B2B divisions, including Expanse Studios, and has various B2C operations [9] - The company focuses on expanding regulated B2B operations in jurisdictions with robust player protection standards [7]

Core Insights - Expanse Studios, a subsidiary of Golden Matrix Group, has entered into a strategic content distribution agreement with MerkurXtip, enhancing its presence in regulated European markets [1][2][3] Company Overview - Expanse Studios specializes in B2B iGaming content, offering a portfolio of 56 proprietary titles and powering over 1,300 casino brands across Europe, LATAM, and North America [5][8] - Golden Matrix Group operates globally through B2B divisions and B2C operations, including various online gaming platforms [8] Partnership Details - The agreement will integrate Expanse's successful titles into MerkurXtip's online and land-based network via the Bragg Gaming aggregation platform [2][3] - This partnership reflects the rising demand for localized gaming content and aims to drive growth through quality content and scalable B2B distribution models [4][5] Market Position - MerkurXtip operates over 100 retail shops in Southeast Europe and is part of the internationally recognized Merkur Group, known for its gaming technology and entertainment systems [7][8] - The collaboration is expected to deliver exceptional value for both Expanse Studios and MerkurXtip, aligning with their vision of constant innovation in the gaming sector [5][6]

Core Insights - Expanse Studios has entered a strategic partnership with AdmiralBet to enhance its presence in the European iGaming market [1][3][4] - The collaboration allows AdmiralBet to integrate Expanse Studios' proprietary gaming titles into its online platforms, expanding the reach of Expanse's content [2][3] - This partnership aligns with Golden Matrix Group's strategy to scale its B2B operations in regulated markets, focusing on innovative and localized content delivery [3][4] Company Overview - Expanse Studios is a B2B iGaming content provider under Golden Matrix Group, specializing in various gaming formats and currently offers a portfolio of 56 proprietary titles [4][7] - Golden Matrix Group operates both B2B and B2C segments, with a focus on developing gaming platforms and running online casinos, including MEXPLAY in Mexico [7] AdmiralBet Profile - AdmiralBet is a sports betting and gaming operator in Serbia and Southeast Europe, part of the Novomatic Group, which has a significant global presence [6][7] - The company operates a network of gaming venues and online platforms, contributing to the competitive landscape of the European gaming market [6]

Core Insights - Expanse Studios, a division of Golden Matrix Group Inc., has received certification for its game Super Heli from Croatia's Ministry of Finance, marking a significant entry into the Croatian market [1][2] - The Croatian gambling market generated US$484.70 million in 2024, with a projected CAGR of 8.4% from 2024 to 2030, indicating strong growth potential for B2B gaming suppliers [2][3] - The certification enhances Expanse Studios' European presence, allowing it to leverage its portfolio of 56 proprietary titles and over 500 B2B partners to capture market share in the EU [3][4] Market Opportunity - Croatia's Online Casinos segment is projected to reach US$218.10 million in 2024, contributing to the overall gambling market expected to reach €720.42 million by 2025 [2][3] - The regulatory framework in Croatia favors established B2B providers, creating high barriers to entry for new competitors and positioning certified suppliers like Expanse as essential partners for operators [4] Company Overview - Golden Matrix Group is a B2B and B2C gaming technology company based in Las Vegas, operating across multiple international markets and developing proprietary gaming platforms [5] - Expanse Studios, founded in 2017, specializes in B2B iGaming content, offering a diverse portfolio of 55 proprietary games tailored for regulated markets [6]