Expanse Studios Expands European Footprint with Bulgarian iGaming Partnership

Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has strengthened its European market presence by integrating its gaming portfolio with Slotino, a prominent Bulgarian online casino operator. The partnership, facilitated by Dench eGaming Solutions, positions Expanse to leverage Bulgaria's rapidly expanding iGaming sector.

The Bulgarian iGaming market is projected to reach USD 680 million by 2025, offering significant growth opportunities for international gaming content providers. By collaborating with Slotino, Expanse gains access to a well-established platform with strong player engagement and an extensive game selection.

This strategic move follows Expanse Studios' recent filing for a Romanian Class 2 B2B iGaming license and builds upon its existing success in the U.S. sweepstakes and social casino markets. The company's gaming content is now available in over 40 states, demonstrating a robust international expansion strategy.

The integration through Dench's advanced gaming platform enables Expanse to reduce dependencies on third-party suppliers, potentially increasing operational margins and market scalability across regulated jurisdictions. The partnership provides Expanse with an opportunity to distribute its portfolio of 55+ premium slot, crash, and table games in a key Eastern European market.

Damjan Stamenkovic, CEO of Expanse Studios, emphasized the strategic importance of the partnership, highlighting Bulgaria's significant iGaming potential and the company's commitment to delivering high-quality gaming experiences that create value for partners and investors.