Expanse (GMGI) Submits Application for iGaming License in Romania

Core Insights - Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has applied for a Class 2 iGaming license in Romania to expand its B2B content distribution in the regulated market [1][6] - The Romanian iGaming market is projected to reach $2.2 billion in 2025, indicating significant growth potential and strategic importance for Expanse Studios' expansion efforts [6] Company Overview - Expanse Studios, founded in 2017, is a leading B2B iGaming content provider specializing in high-quality slots, crash games, table games, and gamified casino experiences [4] - The company has a portfolio of over 55 proprietary games, delivering market-adapted content for regulated markets, sweepstakes platforms, and social casinos globally [4] Market Context - The application for the iGaming license follows Expanse Studios' rapid expansion in the U.S., where its content is now available in over 40 states through partnerships in sweepstakes and social casinos [6]