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Expanse (GMGI) Submits Application for iGaming License in Romania

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Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has submitted an application for a Class 2 iGaming license to Romania's National Gambling Office (ONJN). The license will enable Expanse Studios to distribute its proprietary gaming content to licensed operators in the regulated Romanian market.

This strategic expansion follows the company's successful growth in the U.S. market, where its content is currently available in more than 40 states through sweepstakes and social casino partnerships. The Romanian iGaming market represents a significant opportunity, with projections indicating it will reach $2.2 billion in 2025.

Expanse Studios, una filiale di Golden Matrix Group Inc. (NASDAQ: GMGI), ha presentato una domanda per una licenza di iGaming di Classe 2 all'Ufficio Nazionale del Gioco d'Azzardo della Romania (ONJN). La licenza permetterà a Expanse Studios di distribuire i suoi contenuti di gioco proprietari agli operatori autorizzati nel mercato rumeno regolamentato.

Questa espansione strategica segue la crescita di successo dell'azienda nel mercato statunitense, dove i suoi contenuti sono attualmente disponibili in oltre 40 stati tramite partnership con lotterie e casinò sociali. Il mercato iGaming rumeno rappresenta un'opportunità significativa, con proiezioni che indicano che raggiungerà $2,2 miliardi nel 2025.

Expanse Studios, una subsidiaria de Golden Matrix Group Inc. (NASDAQ: GMGI), ha presentado una solicitud para una licencia de iGaming de Clase 2 a la Oficina Nacional de Juego de Rumanía (ONJN). La licencia permitirá a Expanse Studios distribuir su contenido de juegos propietario a operadores licenciados en el mercado rumano regulado.

Esta expansión estratégica sigue el crecimiento exitoso de la empresa en el mercado de EE. UU., donde su contenido está actualmente disponible en más de 40 estados a través de asociaciones con sorteos y casinos sociales. El mercado de iGaming de Rumanía representa una oportunidad significativa, con proyecciones que indican que alcanzará $2.2 mil millones en 2025.

Expanse StudiosGolden Matrix Group Inc. (NASDAQ: GMGI)의 자회사로, 루마니아 국가 도박 사무소(ONJN)에 클래스 2 iGaming 라이센스 신청서를 제출했습니다. 이 라이센스는 Expanse Studios가 규제된 루마니아 시장에서 라이센스를 보유한 운영자에게 독점 게임 콘텐츠를 배포할 수 있도록 합니다.

이 전략적 확장은 회사가 미국 시장에서 성공적으로 성장한 이후 이루어지며, 현재 40개 이상의 주에서 복권 및 소셜 카지노 파트너십을 통해 콘텐츠를 제공하고 있습니다. 루마니아 iGaming 시장은 2025년까지 22억 달러에 이를 것으로 예상되는 중요한 기회를 나타냅니다.

Expanse Studios, une filiale de Golden Matrix Group Inc. (NASDAQ: GMGI), a soumis une demande de licence iGaming de classe 2 auprès de l'Office National des Jeux de Roumanie (ONJN). Cette licence permettra à Expanse Studios de distribuer son contenu de jeu propriétaire aux opérateurs licenciés sur le marché roumain réglementé.

Cette expansion stratégique fait suite à la croissance réussie de l'entreprise sur le marché américain, où son contenu est actuellement disponible dans plus de 40 États grâce à des partenariats avec des loteries et des casinos sociaux. Le marché roumain de l'iGaming représente une opportunité significative, avec des projections indiquant qu'il atteindra 2,2 milliards de dollars en 2025.

Expanse Studios, eine Tochtergesellschaft von Golden Matrix Group Inc. (NASDAQ: GMGI), hat einen Antrag auf eine iGaming-Lizenz der Klasse 2 beim Nationalen Glücksspielbüro Rumäniens (ONJN) gestellt. Die Lizenz ermöglicht es Expanse Studios, seine proprietären Spielinhalte an lizenzierte Betreiber im regulierten rumänischen Markt zu vertreiben.

Diese strategische Expansion folgt dem erfolgreichen Wachstum des Unternehmens im US-Markt, wo seine Inhalte derzeit in mehr als 40 Bundesstaaten über Lotterien und soziale Casino-Partnerschaften verfügbar sind. Der rumänische iGaming-Markt stellt eine bedeutende Gelegenheit dar, mit Prognosen, die darauf hindeuten, dass er 2025 2,2 Milliarden Dollar erreichen wird.

Positive
  • Expansion into Romanian market worth $2.2 billion by 2025
  • Strong U.S. presence with operations in 40+ states
  • Strategic entry into high-growth European gaming market
Negative
  • License approval pending and not guaranteed
  • Entry into competitive European market may require significant resources

Valletta, Malta--(Newsfile Corp. - March 11, 2025) - Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), continues its strategic expansion by applying for a Class 2 iGaming license in Romania. This license, issued by Romania's National Gambling Office (ONJN), will allow Expanse Studios to distribute its proprietary gaming content to licensed operators across the regulated Romanian market.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Expanse Studios has applied for a Class 2 iGaming license in Romania, to enable B2B content distribution in one of Europe's high-growth gaming markets
  • Romania's iGaming market is projected to reach $2.2 billion in 2025, with steady growth expected, reinforcing the strategic importance of this expansion.
  • This move follows Expanse Studios' rapid U.S. expansion, where its content is now available in 40+ states through sweepstakes and social casino partnerships

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7294/244090_figure1_550.jpg

Click image above to view full announcement.

About Expanse Studios

Founded in 2017, Expanse Studios, part of Golden Matrix Group (NASDAQ: GMGI), is a leading B2B iGaming content provider, specializing in high-quality slots, crash games, table games, and gamified casino experiences. With a portfolio of over 55 proprietary games, Expanse Studios delivers market-adapted content for regulated markets, sweepstakes platforms, and social casinos worldwide.

Contacts:
Milan Koricanac
milan.koricanac@meridianbet.com

Source: Meridianbet Group

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244090

FAQ

What type of license has Expanse Studios (GMGI) applied for in Romania?

Expanse Studios has applied for a Class 2 iGaming license from Romania's National Gambling Office (ONJN) for B2B content distribution.

What is the projected size of Romania's iGaming market in 2025?

Romania's iGaming market is projected to reach $2.2 billion in 2025.

How many U.S. states currently offer Expanse Studios' (GMGI) gaming content?

Expanse Studios' content is available in over 40 U.S. states through sweepstakes and social casino partnerships.

What will the Romanian gaming license allow GMGI's Expanse Studios to do?

The license will allow Expanse Studios to distribute its proprietary gaming content to licensed operators across the regulated Romanian market.
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