Expanse Studios, a subsidiary of Golden Matrix Group Inc., has recently obtained game certification for its proprietary crash game, Super Heli, in the Brazilian iGaming market. This certification, granted by Gaming Laboratories International (GLI), under report number MO-711-MEN-24-03-711, ensures the game meets Brazil's federal iGaming technical standards, paving the way for its distribution in one of the most promising gaming markets globally.
The Brazilian iGaming market is projected to surpass USD 9 billion by 2029, making this certification a strategic move for Expanse Studios. Super Heli, a crash-type game featuring a rising multiplier with a return-to-player rate between 85.90% and 97.00% and a maximum win potential of 10,000x, stands as an innovative offering in this newly regulated space.
This development is part of Golden Matrix Group's comprehensive strategy for the Brazilian market, complementing Meridianbet's recent federal license for online and retail betting operations. Such advancements underscore the company's commitment to establishing a strong presence in Brazil's regulated gaming ecosystem.
CEO Damjan Stamenkovic emphasized the importance of this achievement, highlighting it as a gateway for deploying more of the company's proprietary content in Brazil. With additional games from Expanse Studios currently under certification, the company is poised for a robust entry into the market.
Beyond Brazil, Expanse Studios has already made significant strides in the United States, where its games are accessible in over 40 states. The certification for Super Heli in Brazil not only expands the company's international footprint but also aligns with its B2B iGaming content strategy, tapping into a market with immense growth potential.
