Expanse Studios Achieves Game Certification for Emerging Brazilian iGaming Market

Expanse Studios, a subsidiary of Golden Matrix Group Inc., has obtained pivotal game certification for the Brazilian iGaming market, marking a strategic expansion into one of the world's most promising emerging gaming territories. The company's proprietary crash game, Super Heli, received certification from Gaming Laboratories International, formally authorizing its distribution in Brazil's newly regulated gaming landscape.

The certification represents more than a mere procedural milestone. Brazil's iGaming and sports betting market is projected to exceed USD 9 billion by 2029, offering substantial growth potential for international gaming providers. By successfully navigating Brazil's stringent federal technical standards, Expanse Studios has secured a direct pathway to engage with this lucrative market.

Super Heli, the certified game, offers players a high-stakes interactive experience where participants bet on a rising multiplier, attempting to cash out before a potential crash. With a return-to-player rate ranging from 85.90% to 97.00% and a maximum win potential of 10,000x, the game represents a compelling entertainment product tailored to the Brazilian market's preferences.

This certification gains additional significance when viewed alongside Golden Matrix Group's broader market strategy. The company's subsidiary Meridianbet recently received a definitive federal license authorizing nationwide online and retail betting operations, creating a comprehensive approach that spans both business-to-business and business-to-consumer segments.

CEO Damjan Stamenkovic emphasized the strategic importance of this certification, describing it as a critical milestone in the company's global expansion strategy. The achievement underscores Expanse Studios' commitment to entering regulated markets through rigorous compliance and innovative gaming content.

The successful certification positions Expanse Studios to potentially replicate its success in the United States, where its games are already available across over 40 states. By establishing a foothold in Brazil's rapidly evolving gaming ecosystem, the company demonstrates its adaptability and strategic foresight in an increasingly competitive international market.