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Expanse Studios receives certification in Croatia for Super Heli game development.
ByAinvest
Tuesday, Jul 1, 2025 9:01 am ET1min read
Expanse Studios, a B2B game development division of Golden Matrix Group, has received certification from Croatia's Ministry of Finance for its flagship game Super Heli. The certification marks the company's entry into the Croatian market, which generated US$484.70m in 2024 and is projected to grow at a CAGR of 8.4% during 2024-2030. Super Heli is the first of Expanse's titles approved for distribution in Croatia, paving the way for the company's broader portfolio to follow.
Expanse Studios, a B2B game development division of Golden Matrix Group Inc. (NASDAQ: GMGI), has received official certification from Croatia's Ministry of Finance for its flagship game, Super Heli. This certification marks the company's strategic entry into the Croatian market, which generated US$484.70 million in 2024 and is projected to grow at a CAGR of 8.4% during 2024-2030 [1].Super Heli, Expanse's most popular crash-style game, becomes the first of the studio's titles approved for the Croatian market, paving the way for broader portfolio distribution. The certification strengthens Expanse Studios' European footprint at a critical juncture, with 56 proprietary titles and 500+ B2B partners globally [1].
Croatia represents a compelling opportunity for B2B gaming suppliers. According to iGamingToday's latest market research, Croatia's gambling market will reach €720.42 million by 2025, making it one of Europe's fastest-growing regulated markets. The country's regulatory framework favors established, compliant B2B providers, creating high barriers to entry and positioning certified B2B suppliers like Expanse as essential partners for operators [1].
Damjan Stamenkovic, CEO of Expanse Studios, stated, "Croatia certification is more than market access—it's validation of our content quality and compliance capabilities in demanding EU jurisdictions. With our flagship title Super Heli already approved and more games in the pipeline, we're very excited for the opportunities this market brings us" [1].
Expanse Studios, founded in 2017, is a B2B iGaming content provider specializing in slots, crash games, table games, and gamified casino experiences. With a portfolio of 55 proprietary games, the studio delivers high-quality, market-adapted content for regulated markets [1].
References:
[1] https://www.globenewswire.com/news-release/2025/07/01/3108344/0/en/Expanse-Studios-GMGI-Obtains-Croatian-iGaming-Certification.html
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