Golden Matrix (GMGI) Integrates with Second U.S. Sweepstakes Operator

Rhea-AI Summary

Golden Matrix Group's (GMGI) subsidiary Expanse Studios has successfully integrated with its second major U.S. social casino operator, expanding its presence in the U.S. sweepstakes market. The integration brings Expanse Studios' portfolio of premium slots, crash games, and table games to players across more than 40 states, including key markets like California, New York, and Florida.

The operator, described as part of one of the largest social sportsbooks in the U.S., will significantly increase visibility for Expanse Studios' sweepstakes-ready gaming content. The company has introduced a dedicated Social Wallet to streamline currency, token, and compliance adaptations, ensuring smooth integration across multiple operators. Additionally, Expanse Studios has launched social casino-compatible games, including Rich Panda and Wild West, with plans for 20+ new operator integrations in the coming weeks.

Positive

• Expansion into 40+ U.S. states through integration with major social casino operator
• Partnership with one of the largest social sportsbooks in the U.S.
• Launch of new social casino-compatible games
• Pipeline of 20+ new operator integrations planned

Negative

• None.

Insights

Gaming Industry Analyst

The strategic expansion of Golden Matrix's Expanse Studios into the U.S. sweepstakes market through this second major integration marks a pivotal development in the company's growth trajectory. The partnership with a leading social sportsbook operator unlocks access to 40+ state markets, including the important high-value regions of California, New York and Florida.

This integration is particularly significant for several reasons:

• The social gaming market in the U.S. is projected to reach substantial valuations, with social casino games being one of the most profitable segments in mobile gaming
• The proprietary Social Wallet implementation demonstrates technical maturity and positions GMGI favorably for rapid scaling across multiple operators
• The sweepstakes model provides a compliant way to operate in states where traditional online gambling isn't permitted, effectively expanding the addressable market
• The pipeline of 20+ new operator integrations suggests strong market demand and potential for accelerated growth

The development of social casino-compatible games like Rich Panda and Wild West, coupled with the existing portfolio of slots and crash games, indicates a well-rounded content strategy tailored to U.S. consumer preferences. The social sportsbook partnership is particularly strategic as it provides immediate access to an established user base, potentially reducing customer acquisition costs while accelerating market penetration.

From a technical perspective, the Social Wallet infrastructure represents a scalable solution for managing virtual currency and tokens while ensuring regulatory compliance - a critical factor for sustainable growth in the U.S. market. This technological foundation could prove invaluable as GMGI pursues additional operator integrations.

Las Vegas, Nevada--(Newsfile Corp. - February 7, 2025) - Expanse Studios, part of Golden Matrix Group Inc. (NASDAQ: GMGI), continues to expand its presence in the U.S. sweepstakes market, successfully integrating with its second major U.S. social casino operator. This new integration brings Expanse Studios' portfolio of premium slots, crash games, and table games to players across 40+ states, including key markets such as California, New York, and Florida. The operator, part of one of the largest social sportsbooks in the U.S., adds significant visibility and reach to Expanse Studios' sweepstakes-ready gaming content, further strengthening its U.S. footprint.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

• Expanse Studios Expands U.S. Reach and integrates with its second major U.S. sweepstakes operator, making its games available in 40+ states, including California, New York, Texas, and Florida.
• Introducing a dedicated Social Wallet to streamline currency, token, and compliance adaptations, ensuring seamless integration across multiple operators.
• The Studio also launched social casino-compatible games, including Rich Panda and Wild West, while preparing for 20+ new operator integrations in the coming weeks.

Click image above to view full announcement.

Contacts:
Milan Koricanac
milan.koricanac@meridianbet.com
Source: Meridianbet Group

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240068

FAQ

What states will GMGI's Expanse Studios games be available in through the new integration?

Expanse Studios' games will be available in over 40 states, including major markets such as California, New York, and Florida.

How many new operator integrations is GMGI planning in the coming weeks?

GMGI is preparing for more than 20 new operator integrations in the coming weeks.

What types of games will be available through GMGI's new U.S. sweepstakes integration?

The integration includes Expanse Studios' portfolio of premium slots, crash games, and table games, including titles like Rich Panda and Wild West.

What new technology has GMGI implemented for its sweepstakes operations?

GMGI has introduced a dedicated Social Wallet to streamline currency, token, and compliance adaptations for seamless integration across multiple operators.