Expanse Studios, a subsidiary of Golden Matrix Group Inc., has secured game certification from Gaming Laboratories International for its proprietary crash game 'Super Heli' in the Brazilian iGaming market. The certification, requested by Brazil's Secretariat of Prizes and Betting, authorizes the game's distribution in the country's newly regulated gaming environment.
The strategic significance of this certification is substantial. Brazil's iGaming and sports betting market is projected to reach USD 9 billion by 2029, representing a significant growth opportunity for game developers. By obtaining certification, Expanse Studios gains a direct pathway to participate in this lucrative market, expanding its international presence beyond its current success in U.S. social casino platforms.
The game 'Super Heli', a crash-type title where players bet on a rising multiplier, offers a return-to-player rate between 85.90% and 97.00%, with a maximum win potential of 10,000x. This certification complements Golden Matrix Group's broader Brazilian market strategy, which includes a nationwide betting license obtained by its subsidiary Meridianbet in March 2025.
CEO Damjan Stamenkovic highlighted the milestone, noting that the certification represents a significant step in the company's global expansion strategy. By positioning itself in Brazil's regulated market, Expanse Studios aims to create long-term value for its shareholders while delivering innovative gaming content to a rapidly expanding market.
