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Expanse Studios (GMGI) Secures Brazilian iGaming Certification

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Expanse Studios, a subsidiary of Golden Matrix Group (NASDAQ: GMGI), has achieved a significant milestone by securing Brazilian iGaming certification from Gaming Laboratories International (GLI) for its proprietary crash game Super Heli.

The certification, issued under GLI Report Number MO-711-MEN-24-03-711, confirms the game's compliance with Brazil's federal iGaming technical standards. This development follows Golden Matrix's recent acquisition of a definitive license for Meridianbet's online and retail betting operations in Brazil.

The Brazilian market shows promising potential, with projections indicating $5.6 billion in gross gaming revenue (GGR) for 2025, according to H2 Gambling Capital data.

Expanse Studios, una sussidiaria di Golden Matrix Group (NASDAQ: GMGI), ha raggiunto un traguardo significativo ottenendo la certificazione iGaming brasiliana da Gaming Laboratories International (GLI) per il suo gioco di crash proprietario Super Heli.

La certificazione, rilasciata con il numero di rapporto GLI MO-711-MEN-24-03-711, conferma la conformità del gioco agli standard tecnici federali iGaming del Brasile. Questo sviluppo segue l'acquisizione da parte di Golden Matrix di una licenza definitiva per le operazioni di scommesse online e al dettaglio di Meridianbet in Brasile.

Il mercato brasiliano mostra un potenziale promettente, con proiezioni che indicano 5,6 miliardi di dollari in entrate lorde di gioco (GGR) per il 2025, secondo i dati di H2 Gambling Capital.

Expanse Studios, una subsidiaria de Golden Matrix Group (NASDAQ: GMGI), ha alcanzado un hito significativo al obtener la certificación iGaming brasileña de Gaming Laboratories International (GLI) para su juego de crash propietario Super Heli.

La certificación, emitida bajo el número de informe GLI MO-711-MEN-24-03-711, confirma el cumplimiento del juego con los estándares técnicos federales de iGaming de Brasil. Este desarrollo sigue a la reciente adquisición por parte de Golden Matrix de una licencia definitiva para las operaciones de apuestas en línea y al por menor de Meridianbet en Brasil.

El mercado brasileño muestra un potencial prometedor, con proyecciones que indican 5.6 mil millones de dólares en ingresos brutos de juego (GGR) para 2025, según datos de H2 Gambling Capital.

Expanse StudiosGolden Matrix Group (NASDAQ: GMGI)의 자회사로, 자사의 독점 크래시 게임 Super Heli에 대해 Gaming Laboratories International (GLI)로부터 브라질 iGaming 인증을 획득하여 중요한 이정표를 세웠습니다.

GLI 보고서 번호 MO-711-MEN-24-03-711에 따라 발급된 이 인증은 게임이 브라질의 연방 iGaming 기술 기준을 준수함을 확인합니다. 이 발전은 Golden Matrix가 브라질에서 Meridianbet의 온라인 및 소매 베팅 운영에 대한 최종 라이센스를 최근에 인수한 후 이루어졌습니다.

브라질 시장은 유망한 잠재력을 보이며, H2 Gambling Capital 데이터에 따르면 2025년에는 56억 달러의 총 게임 수익(GGR)이 예상됩니다.

Expanse Studios, une filiale de Golden Matrix Group (NASDAQ: GMGI), a atteint une étape importante en obtenant la certification iGaming brésilienne de Gaming Laboratories International (GLI) pour son jeu de crash propriétaire Super Heli.

La certification, délivrée sous le numéro de rapport GLI MO-711-MEN-24-03-711, confirme la conformité du jeu avec les normes techniques fédérales iGaming du Brésil. Ce développement fait suite à l'acquisition récente par Golden Matrix d'une licence définitive pour les opérations de paris en ligne et au détail de Meridianbet au Brésil.

Le marché brésilien montre un potentiel prometteur, avec des projections indiquant 5,6 milliards de dollars de revenus bruts de jeu (GGR) pour 2025, selon les données de H2 Gambling Capital.

Expanse Studios, eine Tochtergesellschaft von Golden Matrix Group (NASDAQ: GMGI), hat einen bedeutenden Meilenstein erreicht, indem sie die brasilianische iGaming-Zertifizierung von Gaming Laboratories International (GLI) für ihr proprietäres Crash-Spiel Super Heli gesichert hat.

Die Zertifizierung, die unter der GLI-Berichtsnummer MO-711-MEN-24-03-711 ausgestellt wurde, bestätigt die Konformität des Spiels mit den technischen iGaming-Standards der brasilianischen Bundesregierung. Diese Entwicklung folgt auf die kürzliche Akquisition einer endgültigen Lizenz durch Golden Matrix für die Online- und Einzelhandelswetten von Meridianbet in Brasilien.

Der brasilianische Markt zeigt vielversprechendes Potenzial, mit Prognosen, die auf 5,6 Milliarden Dollar Bruttospielerträge (GGR) für 2025 hinweisen, laut Daten von H2 Gambling Capital.

Positive
  • Secured Brazilian iGaming certification for Super Heli game
  • Entry into Brazilian market with projected $5.6B GGR in 2025
  • Recent acquisition of Meridianbet's Brazilian operations license
Negative
  • None.

Las Vegas, Nevada--(Newsfile Corp. - April 2, 2025) - Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has received the game certification for the Brazilian market. Issued by Gaming Laboratories International (GLI). The certification covers Expanse's proprietary crash game Super Heli, one of the company's best-performing titles globally. The game was certified under GLI Report Number MO-711-MEN-24-03-711, in full compliance with Brazil's federal iGaming technical standards.

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

Key Takeaways:

  • Expanse Studios, a subsidiary of Golden Matrix Group (NASDAQ: GMGI), has received official certification for its top-performing crash game Super Heli in Brazil, issued by Gaming Laboratories International (GLI)
  • The expectation for 2025 is very optimistic, with projections to generate US$ 5.6 billion in gross gaming revenue (GGR) alone, according to data from H2 Gambling Capital.
  • This certification follows Golden Matrix's recently secured definitive license for Meridianbet's online and retail betting operations in Brazil

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7294/247074_figure1_550.jpg

Click image above to view full announcement.

About Super Heli

Super Heli is an innovative crash-type iGaming title where players bet on a rising multiplier and attempt to cash out before it crashes.

“Our first certification in Brazil marks a significant milestone in our global expansion strategy,” said Damjan Stamenkovic, CEO of Expanse Studios. “Brazil’s regulated iGaming market offers substantial growth potential, and Super Heli’s certification opens the door for the broader deployment of our proprietary content. Together with Meridianbet’s definitive betting license, we are well-positioned to create long-term value for our shareholders in this important market.”

About Expanse Studios

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

About Golden Matrix Group


Golden Matrix Group (NASDAQ: GMGI) is a developer and licensor of advanced online gaming platforms and content. The Company operates in regulated markets globally through its B2B and B2C business units, including Expanse Studios and Meridianbet. For more information visit goldenmatrix.com.

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/247074

FAQ

What certification did Expanse Studios (GMGI) receive for the Brazilian market?

Expanse Studios received GLI certification for its Super Heli crash game, compliant with Brazil's federal iGaming technical standards.

What is the projected gross gaming revenue for Brazil's iGaming market in 2025?

According to H2 Gambling Capital, Brazil's iGaming market is projected to generate US$5.6 billion in gross gaming revenue (GGR) in 2025.

Which game from Expanse Studios received Brazilian certification?

Super Heli, one of Expanse Studios' best-performing crash games, received the Brazilian certification.

What recent business developments has GMGI achieved in Brazil?

GMGI secured both a GLI certification for Super Heli and a definitive license for Meridianbet's online and retail betting operations in Brazil.
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