GMGI's Expanse Doubles U.S. Sweepstakes Game Lineup
Golden Matrix Group's (NASDAQ: GMGI) in-house development division, Expanse Studios, has significantly expanded its presence in the U.S. sweepstakes casino market. Since its market entry in late 2024, the company has doubled its game portfolio in just a few weeks. The expansion demonstrates notable growth metrics, including a 7x increase in player engagement in 2024 compared to 2023. This rapid expansion through in-house production is strengthening GMGI's B2B network while reducing dependency on third-party suppliers, resulting in lower operational costs.
Il gruppo Golden Matrix (NASDAQ: GMGI) ha significativamente ampliato la sua presenza nel mercato dei casinò a premi negli Stati Uniti attraverso la sua divisione di sviluppo interno, Expanse Studios. Dalla sua entrata nel mercato alla fine del 2024, l'azienda ha raddoppiato il proprio portafoglio di giochi in sole poche settimane. L'espansione dimostra metriche di crescita notevoli, tra cui un incremento di 7 volte nell'engagement dei giocatori nel 2024 rispetto al 2023. Questa rapida espansione attraverso la produzione interna sta rafforzando la rete B2B di GMGI, riducendo al contempo la dipendenza da fornitori esterni e portando a costi operativi inferiori.
El grupo Golden Matrix (NASDAQ: GMGI) ha ampliado significativamente su presencia en el mercado de casinos de sorteos en EE. UU. a través de su división de desarrollo interno, Expanse Studios. Desde su entrada en el mercado a finales de 2024, la empresa ha duplicado su cartera de juegos en solo unas pocas semanas. La expansión demuestra métricas de crecimiento notables, incluyendo un aumento de 7 veces en el compromiso de los jugadores en 2024 en comparación con 2023. Esta rápida expansión a través de la producción interna está fortaleciendo la red B2B de GMGI, mientras reduce la dependencia de proveedores externos, lo que resulta en menores costos operativos.
골든 매트릭스 그룹 (NASDAQ: GMGI)의 내부 개발 부서인 엑스팬스 스튜디오가 미국 경품 카지노 시장에서 상당히 확장되었습니다. 2024년 말 시장에 진입한 이후, 회사는 불과 몇 주 만에 게임 포트폴리오를 두 배로 늘렸습니다. 이 확장은 2023년에 비해 2024년 플레이어 참여도가 7배 증가하는 등 주목할 만한 성장 지표를 보여줍니다. 내부 제작을 통한 이러한 급속한 확장은 GMGI의 B2B 네트워크를 강화하는 동시에 제3자 공급업체에 대한 의존도를 줄여 운영 비용을 절감하고 있습니다.
Le groupe Golden Matrix (NASDAQ: GMGI) a considérablement élargi sa présence sur le marché des casinos de tirages aux États-Unis grâce à sa division de développement interne, Expanse Studios. Depuis son entrée sur le marché fin 2024, l'entreprise a doubler son portefeuille de jeux en seulement quelques semaines. L'expansion montre des indicateurs de croissance notables, y compris une augmentation de 7 fois de l'engagement des joueurs en 2024 par rapport à 2023. Cette expansion rapide via la production interne renforce le réseau B2B de GMGI tout en réduisant la dépendance à l'égard des fournisseurs tiers, ce qui entraîne des coûts opérationnels inférieurs.
Die Golden Matrix Group (NASDAQ: GMGI) hat durch ihre interne Entwicklungsabteilung, Expanse Studios, ihre Präsenz im US-Sweepstakes-Casino-Markt erheblich erweitert. Seit ihrem Markteintritt Ende 2024 hat das Unternehmen sein Spielportfolio in nur wenigen Wochen verdoppelt. Diese Expansion zeigt bemerkenswerte Wachstumskennzahlen, darunter einen 7-fachen Anstieg des Spielerengagements im Jahr 2024 im Vergleich zu 2023. Diese rasche Expansion durch interne Produktion stärkt das B2B-Netzwerk von GMGI und reduziert gleichzeitig die Abhängigkeit von Drittanbietern, was zu niedrigeren Betriebskosten führt.
- Doubled game portfolio within weeks of U.S. market entry
- 7x year-over-year increase in player engagement (2024 vs 2023)
- Reduced operational costs through decreased third-party supplier dependency
- Expanded B2B network through in-house production
- None.
Insights
The expansion of Expanse Studios' game portfolio represents a strategic acceleration in GMGI's U.S. market penetration. The 7x year-over-year increase in player engagement is particularly noteworthy, indicating exceptional product-market fit and strong user retention metrics. The rapid doubling of game offerings showcases robust development capabilities and efficient execution.
The shift towards in-house production through Expanse Studios is a crucial operational advantage. By reducing dependency on third-party suppliers, GMGI can expect improved margins through lower licensing costs and better control over their content pipeline. For context, gaming companies typically save 20-30% on costs when transitioning from third-party to proprietary content.
The sweepstakes market is a strategic entry point into the broader U.S. gaming sector, offering a compliant pathway to build brand presence and user base. With the U.S. social gaming market projected to reach
The rapid expansion of GMGI's game portfolio through Expanse Studios presents compelling financial implications. The vertical integration strategy through in-house development is particularly significant for the company's cost structure and margin profile. Based on industry standards, this move could potentially improve gross margins by
The 7x increase in player engagement is a leading indicator for revenue growth potential. In the gaming industry, higher engagement typically translates to improved monetization metrics, including higher ARPU (Average Revenue Per User) and extended player lifetime value. This growth trajectory, combined with the cost benefits of in-house development, suggests a positive impact on both top-line growth and bottom-line profitability.
Las Vegas, Nevada--(Newsfile Corp. - January 17, 2025) - Expanse Studios, the in-house development division of Golden Matrix Group Inc. (NASDAQ: GMGI), continues to strengthen its position at the US. In just a few weeks since entering the U.S. sweepstakes casino market in late 2024, Expanse Studios has doubled the number of games it supplies, underscoring its rapid growth and ability to deliver high-quality gaming solutions.
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- Expanse Studios doubles its game offerings in just weeks since entering the U.S. sweepstakes market in late 2024
- 7x Player Engagement 2024 vs 2023 YoY: Exponential growth reflects strong adoption and retention of proprietary gaming content
- In-house production expands the B2B network and reduces reliance on third-party suppliers, lowering operational costs
Click image above to view full announcement.
About Expanse Studios
Expanse Studios is a leading developer of online casino games, offering a diverse portfolio that includes slots, crash games, table games, and other innovative iGaming titles. Known for pushing the boundaries of iGaming, Expanse Studios delivers high-quality, immersive experiences tailored to players worldwide. With a commitment to technological excellence and creative innovation, Expanse Studios continues to expand its global presence, partnering with major operators across regulated markets.
Contact:
Milan Koricanac, Head of Global PR
milan.koricanac@meridianbet.com
Source: Meridianbet Group
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237554
FAQ
How many games has GMGI's Expanse Studios added to its U.S. sweepstakes lineup since late 2024?
What is the year-over-year player engagement growth for GMGI's Expanse Studios in 2024?
How is GMGI's in-house production strategy affecting operational costs?
What impact has Expanse Studios' expansion had on GMGI's B2B network?
