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 aimed at accessing Romania's rapidly growing online gambling market, which is projected to reach $2.2 billion in revenue by 2025 and grow to $2.56 billion by 2029. The casino and casino games segment alone is expected to generate $1.39 billion this year, presenting a lucrative opportunity for Expanse Studios.
Damjan Stamenkovic, CEO of Expanse Studios, highlighted the strategic importance of entering the Romanian market, citing its thriving iGaming sector and strong regulatory framework. This expansion is part of the company's broader vision to deliver high-quality gaming content to regulated markets worldwide. Following its success in the United States, where its content is available in over 40 states through partnerships with social casino and sweepstakes operators, Expanse Studios is now setting its sights on Europe.
With a diverse portfolio of more than 55 proprietary games, including slots, crash games, and table games, Expanse Studios is well-positioned to meet the demands of operators in both established and emerging markets. The company's application for a Romanian iGaming license underscores its commitment to global expansion and its ability to adapt to the evolving needs of the iGaming industry. By focusing on regulated markets with high growth potential, Expanse Studios continues to demonstrate its strategic approach to becoming a leading global B2B content provider.
