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Expanse Studios (GMGI) Secures Brazilian iGaming Certification
GMGIGolden Matrix (GMGI) Newsfile·2025-04-02 15:21

Core Insights - Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has received game certification for its crash game Super Heli in Brazil, marking a significant milestone in its global expansion strategy [1][5][8] - The certification was issued by Gaming Laboratories International (GLI) and ensures compliance with Brazil's federal iGaming technical standards [1][5] - The Brazilian iGaming market is projected to generate US$ 5.6 billion in gross gaming revenue (GGR) in 2025, indicating substantial growth potential for the company [8] Company Overview - Expanse Studios, founded in 2017, specializes in B2B iGaming content, offering a portfolio of over 55 proprietary games including slots, crash games, and table games [6] - Golden Matrix Group (NASDAQ: GMGI) is a developer and licensor of advanced online gaming platforms, operating in regulated markets globally through its B2B and B2C business units [7][9] Product Details - Super Heli is an innovative crash-type iGaming title where players bet on a rising multiplier and attempt to cash out before it crashes [4] - The certification of Super Heli in Brazil opens the door for broader deployment of the company's proprietary content in the region [5]