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Golden Matrix's Expanse Studios Unit Granted Class 2 License By Romania's National Gambling Office For Specialized Gaming Software

Benzinga·12/01/2025 14:13:46
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Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ:GMGI), has been granted a Class 2 license by Romania's National Gambling Office (ONJN), authorizing the company to distribute specialized gaming software across one of Europe's fastest-growing regulated markets.

The license, granted under Decision No. 273, enables Expanse Studios to provide its portfolio of proprietary slot games, crash games, and casino content to licensed Romanian operators. This approval positions the company to serve a market that generated approximately €600 million in gross gaming revenue in 2024 and maintains one of Europe's highest channelization rates at over 90%.