Curated News
By: NewsRamp Editorial Staff
April 05, 2025
Expanse Studios Receives Game Certification for Brazilian Market
TLDR
- Expanse Studios gains a competitive edge in the Brazilian iGaming market with GLI certification for Super Heli.
- Super Heli is certified for Brazil's iGaming market, meeting national technical standards for a rising multiplier crash game.
- Expanse Studios' certification in Brazil opens doors for international growth, contributing to the country's gaming market development.
- Super Heli's innovative gameplay offers players high-risk excitement and scalable entertainment with a maximum win potential of 10,000x.
Impact - Why it Matters
This news matters as it signifies the entry of Expanse Studios into the lucrative Brazilian iGaming market, providing the company with opportunities for growth and expansion. With Brazil's gaming market expected to exceed USD 9 billion by 2029, the certification allows Expanse Studios to strengthen their international presence and create long-term value for shareholders.
Summary
Expanse Studios, a subsidiary of Golden Matrix Group Inc., has received game certification for the Brazilian market from Gaming Laboratories International (GLI) for their crash game Super Heli. The certification allows Expanse to distribute Super Heli in Brazil's newly regulated iGaming market, positioning the company to capture a share of the rapidly growing gaming market in the country.
The certification complements Golden Matrix Group's broader strategy in Brazil, with subsidiary Meridianbet also receiving a federal license for online and retail betting operations. Expanse Studios' CEO, Damjan Stamenkovic, highlighted the significance of the certification in opening doors for their proprietary content deployment in Brazil.
Source Statement
This curated news summary relied on this press release disributed by Reportable. Read the source press release here, Expanse Studios Receives Game Certification for Brazilian Market
