Expanse Studios, a subsidiary of Golden Matrix Group Inc., has taken a significant step in its international expansion strategy by forming a partnership with Slotino, a leading Bulgarian online casino operator. This collaboration, enabled by Dench eGaming Solutions, is a pivotal development in Expanse Studios' plan to establish a foothold in the European iGaming sector. The Bulgarian market, with its projected value of USD 680 million by 2025, offers a lucrative opportunity for growth, supported by a favorable regulatory framework and a growing base of online players.
The alliance with Slotino provides Expanse Studios with a platform to showcase its diverse portfolio of over 55 premium games, including slots, crash, and table games, in Eastern Europe. This move is part of a broader strategy, following the company's application for a Romanian Class 2 B2B iGaming license, aimed at systematic geographic expansion. Damjan Stamenkovic, CEO of Expanse Studios, emphasized the strategic importance of entering the Bulgarian market, which is ripe with potential. Utilizing Dench eGaming Solutions' platform allows the company to enhance cost efficiency, minimize dependency on external suppliers, and improve scalability in regulated markets.
This expansion builds on Expanse Studios' achievements in the U.S. sweepstakes and social casino industry, where its games are accessible in more than 40 states. The integration with Slotino reflects the company's dedication to offering top-tier gaming content and creating value for its partners and investors. By aligning with Slotino's established platform and deploying its own innovative game portfolio, Expanse Studios is well-positioned to navigate the competitive and evolving European iGaming landscape, engaging players in a market that continues to grow in dynamism and opportunity.
