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Expanse Studios (GMGI) Completes 4th U.S. Sweepstakes Integration

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Expanse Studios, a division of Golden Matrix Group Inc. (NASDAQ: GMGI), has successfully completed its fourth major integration in the U.S. sweepstakes market, expanding its reach across 40+ states. This latest partnership was facilitated through Casimba Gaming, advancing Expanse Studios' third-party distribution strategy.

The integration enables Expanse Studios to distribute its proprietary slots, crash games, and table games to a wider network of regulated sweepstakes operators. This strategic move not only broadens the company's market presence but also reduces dependency on third-party games by increasing its offering of proprietary content while strengthening its B2B network in the growing U.S. sweepstakes market.

Expanse Studios, una divisione di Golden Matrix Group Inc. (NASDAQ: GMGI), ha completato con successo la sua quarta integrazione importante nel mercato delle lotterie negli Stati Uniti, espandendo la sua portata in oltre 40 stati. Questa ultima partnership è stata facilitata attraverso Casimba Gaming, avanzando la strategia di distribuzione di terze parti di Expanse Studios.

L'integrazione consente a Expanse Studios di distribuire le sue slot proprietarie, giochi di crash e giochi da tavolo a una rete più ampia di operatori di lotterie regolamentati. Questa mossa strategica non solo amplia la presenza sul mercato dell'azienda, ma riduce anche la dipendenza da giochi di terze parti, aumentando l'offerta di contenuti proprietari e rafforzando la sua rete B2B nel crescente mercato delle lotterie negli Stati Uniti.

Expanse Studios, una división de Golden Matrix Group Inc. (NASDAQ: GMGI), ha completado con éxito su cuarta integración importante en el mercado de sorteos de EE. UU., expandiendo su alcance a más de 40 estados. Esta última asociación fue facilitada a través de Casimba Gaming, avanzando la estrategia de distribución de terceros de Expanse Studios.

La integración permite a Expanse Studios distribuir sus tragamonedas propietarias, juegos de crash y juegos de mesa a una red más amplia de operadores de sorteos regulados. Este movimiento estratégico no solo amplía la presencia de la empresa en el mercado, sino que también reduce la dependencia de juegos de terceros al aumentar su oferta de contenido propietario y fortalecer su red B2B en el creciente mercado de sorteos de EE. UU.

Expanse StudiosGolden Matrix Group Inc. (NASDAQ: GMGI)의 한 부서로, 미국 경품 시장에서의 네 번째 주요 통합을 성공적으로 완료하였으며, 40개 이상의 주로 그 범위를 확장하였습니다. 이번 파트너십은 Casimba Gaming을 통해 이루어졌으며, Expanse Studios의 제3자 배급 전략을 발전시켰습니다.

이 통합을 통해 Expanse Studios는 자체 슬롯, 크래시 게임 및 테이블 게임을 더 넓은 규제 경품 운영자 네트워크에 배급할 수 있게 되었습니다. 이 전략적 움직임은 회사의 시장 존재감을 넓힐 뿐만 아니라, 자체 콘텐츠의 제공을 증가시켜 제3자 게임에 대한 의존도를 줄이고, 성장하는 미국 경품 시장에서 B2B 네트워크를 강화합니다.

Expanse Studios, une division de Golden Matrix Group Inc. (NASDAQ: GMGI), a réussi à achever sa quatrième intégration majeure sur le marché des tirages au sort aux États-Unis, élargissant sa portée à plus de 40 États. Ce dernier partenariat a été facilité par Casimba Gaming, faisant avancer la stratégie de distribution tierce d'Expanse Studios.

L'intégration permet à Expanse Studios de distribuer ses machines à sous propriétaires, jeux de crash et jeux de table à un réseau plus large d'opérateurs de tirages au sort réglementés. Ce mouvement stratégique non seulement élargit la présence de l'entreprise sur le marché, mais réduit également la dépendance aux jeux tiers en augmentant son offre de contenu propriétaire tout en renforçant son réseau B2B sur le marché en pleine croissance des tirages au sort aux États-Unis.

Expanse Studios, eine Abteilung von Golden Matrix Group Inc. (NASDAQ: GMGI), hat erfolgreich ihre vierte große Integration im US-Verlosungsmarkt abgeschlossen und ihre Reichweite auf über 40 Bundesstaaten ausgeweitet. Diese neueste Partnerschaft wurde durch Casimba Gaming ermöglicht und fördert die Drittanbieter-Distributionsstrategie von Expanse Studios.

Die Integration ermöglicht es Expanse Studios, ihre eigenen Spielautomaten, Crash-Spiele und Tischspiele an ein breiteres Netzwerk von regulierten Verlosungsbetreibern zu vertreiben. Dieser strategische Schritt erweitert nicht nur die Marktpräsenz des Unternehmens, sondern verringert auch die Abhängigkeit von Drittanbieterspielen, indem das Angebot an proprietärem Inhalt erhöht und das B2B-Netzwerk im wachsenden US-Verlosungsmarkt gestärkt wird.

Positive
  • Completed 4th major integration in U.S. sweepstakes market
  • Expanded market presence across 40+ states
  • Reduced third-party dependency through proprietary game offerings
  • Strengthened B2B distribution network
  • Extended game portfolio including slots, crash games, and table games
Negative
  • None.

Insights

Golden Matrix Group's latest sweepstakes integration represents a strategic expansion of its U.S. footprint that deserves investor attention. This fourth integration extends GMGI's proprietary gaming content across 40+ states through a partnership with Casimba Gaming, strengthening its B2B distribution network in a market where direct online gambling faces regulatory hurdles.

The sweepstakes model provides a important legal workaround in the fragmented U.S. online gaming regulatory landscape. Unlike traditional online gambling, sweepstakes operate under different legal frameworks, allowing gaming companies to establish presence in states without explicit online gambling legislation. This gives GMGI access to markets that would otherwise be inaccessible through conventional channels.

From a financial perspective, the shift toward deploying more proprietary content rather than third-party games is particularly significant. Proprietary content typically commands margin improvements of 15-25% compared to third-party licensed content, as it eliminates licensing fees and revenue-sharing arrangements. For a company with GMGI's market capitalization ($272 million), improving margins while expanding distribution creates a compelling growth vector.

The B2B approach is especially capital-efficient. By focusing on content distribution rather than direct consumer acquisition, GMGI avoids the substantial marketing expenses that characterize B2C operations, which can consume 30-40% of revenue in the gaming sector. This strategy allows for scaled growth without proportional increases in operating expenses.

However, investors should note the competitive landscape is intensifying. Several gaming technology providers are pursuing similar sweepstakes strategies, and GMGI will need to differentiate through content quality and technological innovation. Additionally, regulatory risks remain - any significant changes to sweepstakes regulations could impact this growth avenue.

This integration reinforces GMGI's dual-track approach: establishing presence now through legal alternatives while positioning for potential regulatory liberalization in the future. For investors, it demonstrates execution against a clear strategy to capture market share in the evolving U.S. gaming landscape.

Las Vegas, Nevada--(Newsfile Corp. - February 25, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), has successfully completed its fourth major integration in the U.S. sweepstakes market, further solidifying its presence across 40+ states. The latest partnership has been facilitated through Casimba Gaming and extended Expanse Studios' third-party distribution strategy, allowing its proprietary slots, crash games, and table games to reach an even broader network of regulated sweepstakes operators.

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

Key Takeaways:

  • Expanse Studios completes the 4th U.S. sweepstakes integration
  • Increased offering of proprietary games, reducing third-party dependency
  • Strengthened B2B network

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7294/242276_figure1_550.jpg

Click image above to view full announcement.

About Expanse Studios

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 50 proprietary games, the studio is recognized for delivering premium gaming content across regulated markets, sweepstakes platforms, and social casinos. For more information, visit expanse.studio.

Contact:
Milan Koricanac
milan.koricanac@meridianbet.com
Head of Global PR

Source: Meridianbet Group

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242276

FAQ

What is the significance of Expanse Studios' 4th U.S. sweepstakes integration for GMGI?

The 4th integration expands GMGI's market reach across 40+ states, reduces third-party dependency through proprietary game offerings, and strengthens its B2B network in the U.S. sweepstakes market.

Which company facilitated Expanse Studios' latest sweepstakes integration?

Casimba Gaming facilitated the latest integration for Expanse Studios.

What types of games is Expanse Studios distributing through its sweepstakes integrations?

Expanse Studios is distributing proprietary slots, crash games, and table games through its sweepstakes integrations.

How many states does GMGI's Expanse Studios now reach with its sweepstakes offerings?

Expanse Studios now reaches over 40 states with its sweepstakes offerings.

How is Expanse Studios reducing third-party dependency according to the February 2025 announcement?

Expanse Studios is reducing third-party dependency by increasing its offering of proprietary games through strategic integrations in the sweepstakes market.

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