Expanse Studios has taken a significant step towards expanding its European footprint by applying for a Class 2 iGaming license from Romania's National Gambling Office (ONJN). This strategic move is set against the backdrop of Romania's rapidly growing online gambling sector, which is expected to see revenues soar to $2.2 billion by 2025, with further growth anticipated to reach $2.56 billion by 2029. The casino and casino games segment alone is projected to contribute $1.39 billion to this year's revenue, highlighting the lucrative opportunities that lie within the Romanian market for licensed operators.
Damjan Stamenkovic, CEO of Expanse Studios, has pointed out the strategic significance of entering the Romanian market, citing its vibrant iGaming industry and the solid regulatory environment that governs it. This expansion is in line with the company's overarching goal of providing high-quality gaming content to regulated markets worldwide. Following its successful ventures in the United States, where Expanse Studios has partnered with numerous social casino and sweepstakes operators to make its games available across more than 40 states, the company is now setting its sights on Europe. This dual presence in both North American and European markets enhances Expanse Studios' standing as a leading global B2B content provider in the iGaming sector.
With a rich portfolio that includes over 55 proprietary games, ranging from slots and crash games to table games, Expanse Studios is well-equipped to meet the needs of operators in both mature and emerging markets. The company's commitment to innovation and strategic partnerships is evident in its approach to market expansion. By focusing on regulated markets with high growth potential, such as Romania, Expanse Studios is not only broadening its international reach but also reinforcing its reputation for adaptability and strategic market penetration. For more information on Expanse Studios and its offerings, visit https://www.expanse-studios.com.
