{"id":19146,"date":"2025-07-02T09:54:43","date_gmt":"2025-07-02T06:54:43","guid":{"rendered":"https:\/\/igamingeuropa.com\/?p=19146"},"modified":"2025-07-02T09:54:43","modified_gmt":"2025-07-02T06:54:43","slug":"expanse-studios-gmgi-obtains-croatian-igaming-certification","status":"publish","type":"post","link":"https:\/\/igamingeuropa.com\/index.php\/2025\/07\/02\/expanse-studios-gmgi-obtains-croatian-igaming-certification\/","title":{"rendered":"Expanse Studios (GMGI) Obtains Croatian iGaming Certification"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/expanse.studio\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Expanse Studios<\/a>, the B2B game development division of Golden Matrix Group Inc. (NASDAQ: GMGI), has received official certification from Croatia\u2019s Ministry of Finance for its flagship game Super Heli, with additional titles in the company\u2019s 56-game portfolio expected to receive approval in the coming weeks for the EU member state. <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">Expanse Studios Croatian Certification<\/mark><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The certification marks a strategic entry into a market that generated US$484.70m in 2024, with projected growth at a CAGR of 8.4% during 2024-2030. Super Heli, Expanse\u2019s most popular crash-style game, becomes the first of the studio\u2019s titles approved for the Croatian market, paving the way for broader portfolio distribution.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tapping Into High-Growth European Market<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Croatia represents a compelling opportunity for B2B gaming suppliers, with the Online Casinos segment alone projected at US$218.10m in 2024. According to iGamingToday\u2019s latest market research, Croatia\u2019s gambling market will reach \u20ac720.42 million by 2025, making it one of Europe\u2019s fastest-growing regulated markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among the key market benefits are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Accelerating digital adoption \u2013 Internet penetration jumped from 76% in 2020 to 83% in 2023<\/li>\n\n\n\n<li>Over 20.6 million tourist arrivals in 2023 following Schengen Zone entry<\/li>\n\n\n\n<li>Over 500,000 Croatians expected to engage in regular online gambling by 2027<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read also: <a href=\"https:\/\/igamingeuropa.com\/spains-gambling-ads-ban-causes-55-drop-in-new-online-casino-accounts\/\" target=\"_blank\" rel=\"noreferrer noopener\">Spain\u2019s Gambling Ads Ban Causes 55% Drop in New Online Casino Accounts<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Strategic Value for the Company<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The certification strengthens Expanse Studios\u2019 European footprint at a critical juncture. With 56 proprietary titles and 500+ B2B partners globally, Expanse is expected to capture a meaningful share in the growing EU market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cCroatia certification is more than market access\u2014it\u2019s validation of our content quality and compliance capabilities in demanding EU jurisdictions,\u201d said Damjan Stamenkovic, CEO of Expanse Studios. \u201cWith our flagship title Super Heli already approved and more games in the pipeline, we\u2019re very excited for the opportunities this markets brings us\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Competitive Advantage in Regulated Markets<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Croatia\u2019s regulatory framework favors established, compliant B2B providers. Operators must obtain licenses requiring significant capital investment, and only licensed casino games operators who have at least one brick-and-mortar casino can offer online gambling. This creates high barriers to entry and positions certified B2B suppliers like Expanse as essential partners for operators. <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">Expanse Studios Croatian Certification<\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Expanse Studios, the B2B game development division of Golden Matrix Group Inc. (NASDAQ: GMGI), has received official certification from Croatia\u2019s Ministry of Finance for its flagship game Super Heli, with additional titles in the company\u2019s 56-game portfolio expected to receive approval in the coming weeks for the EU member state. Expanse Studios Croatian Certification The &hellip;<\/p>\n","protected":false},"author":3,"featured_media":19147,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,25],"tags":[751],"class_list":["post-19146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-gambling-news","category-news","tag-expanse-studios"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Expanse Studios (GMGI) Obtains Croatian iGaming Certification<\/title>\n<meta name=\"description\" content=\"Expanse Studios, the B2B game development division of Golden Matrix Group Inc. 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