The certification, granted by the country’s Ministry of Finance, covers the studio’s flagship game, Super Heli. In addition, other titles in the company’s portfolio are in the process of being approved and should be released in the coming weeks to the Croatian market.
The achievement represents a strategic move within Expanse Studios’ growth plan. For better idea, the European country’s iGaming market generated around $484.7 million in 2024, with projected growth of 8.4% per year until 2030.
“Croatia’s certification is more than access to a new market — it’s validation of the quality of our content and our compliance capabilities in demanding EU jurisdictions,” said Damjan Stamenkovic, CEO of Expanse Studios. “With our flagship title, Super Heli, already approved, we are very excited about the opportunities this market brings us.”
Keep reading the article and see more about Expanse Studios’ new achievement. In addition, see the outstanding actions that the organization, alongside Golden Matrix Group, has been carrying out since the first half of 2025.
Croatia as a strategic market for Expanse Studios
Expanse Studios’ entry into the Croatian market is another of the organization’s great achievements to operate in countries that demonstrate great assets in the iGaming business.
This is because the action represents an attractive opportunity for B2B game providers, as the online casino segment achieved a projection of US$ 218.10 million in terms of revenue in 2024.
Croatia’s casino gaming market will reach €720.42 million by the end of 2025, making it one of the fastest-growing regulated markets in Europe.
Among the main benefits of Expanse Studios’ entry, it is worth highlighting the growing number of people interested in the business. In recent studies of the sector, it has been presented that more than 500,000 Croatians are expected to engage with online casino games by 2027.
In other words, the certification strengthens the European presence of the organization, which does not intend to stop there in market expansion.
Expanse Studios’ first game licensed in Croatia, Super Heli, is a high volatility crash game that combines strategy, interactivity between players and immersive graphics, characteristics that have made it the studio’s most popular title.
Expanse Studios Highlights in 2025
In addition to the achievement to operate regularly in the Croatian market, Expanse Studios has also taken advantage of other opportunities to expand its growth on the European continent. Among the most recent, the company has filed an application for a Class 2 iGaming license for entry into Romania.
As a reference, the southeastern European country is one of the main markets for the segment in Europe, with revenues projected to reach $2.2 billion in 2025 and reach $2.56 billion by 2029, according to Statista. The casino sector alone is expected to generate 1.39 billion this year, demonstrating the great demand for the product.
In addition, the provider recently integrated with its second major casino operator in the United States. The union brought the organization’s premium portfolio of slots, crash games and table games to players in more than 40 states across North America, including California, New York and Florida.
And the expansion didn’t stop there, as the company is on track to launch more than 20 new integrations in the United States.
Finally, it is also important to highlight its new partnership agreement with Blazesoft, a leading provider in the social gaming sector in North America, which has added five social casino platforms to the company. These are: Fortune Coins, Zula Casino, Sportzino, YayCasino.com and YayCasino.us.
The partnership has brought several benefits to Expanse Studios. Among them are the greater reach in the North American market, the optimization of operating costs and the strengthening of the company’s B2B network.
Expanse Studios as part of GMGI’s global ecosystem
The development of Expanse Studios as one of the great casino game providers in the market is still part of a larger ecosystem in the iGaming sector. This is because Golden Matrix Group has been able to establish a global expansion for its subsidiary companies.
For a better idea, Meridianbet, a reference platform in sports betting and online casino games, has also managed to establish itself as a reference in its sector.
With more than two decades of operation, the company more recently obtained its license to operate in Brazil, in addition to applying to operate in Nigeria. These are strategic markets that help in the operation of the company, which is already present in more than 20 countries.
Together, these brands strengthen Golden Matrix Group’s positioning as one of the most evolving iGaming groups in the world, connecting technology, content and regulated operation in a single vision of global expansion.
In addition, Golden Matrix Group Inc.’s ecosystem has other strategic assets to strengthen its ecosystem, such as Mexplay in South America, Rkings in the United Kingdom and Classics for a Cause in Australia, which reinforces optimism among investors and solidifies Meridianbet as a reference in the sector.
Golden Matrix Group
Headquartered in Las Vegas, Golden Matrix Group Inc. (NASDAQ: GMGI) is a global technology company focused on the iGaming sector, operating in the B2B and B2C segments with a focus on casino games and sports betting.
The company operates through an ecosystem composed of strategic brands that develop proprietary solutions for different industry verticals, with an emphasis on innovation, regulatory compliance and international scalability.
Currently, GMGI is present in more than 20 jurisdictions around the world, with a portfolio ranging from game development to complete operating platforms — consolidating itself as one of the emerging leaders in the global industry.
Expanse Studios
Expanse Studios is a B2B content provider for iGaming, specializing in slots, crash games, table games, and gamified casino experiences.
With a portfolio of over 55 proprietary games, the studio offers high-quality content tailored to the regulated market. Rich Panda and Wild West are some of the most popular examples of their games.
Founded in 2017, the organization is part of the ecosystem of Golden Matrix Group (NASDAQ: GMGI), a consolidated B2B and B2C gaming technology company that operates in several international markets. Currently, the group already has companies focused on sports betting and regulated casinos.
For more information, visit expanse.studio or contact [email protected]
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Source: Expanse Studios