Expanse Studios (GMGI) Secures Brazilian iGaming Certification

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Las Vegas, April 5, 2025 — Expanse Studios, a subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has received the game certification for the Brazilian market. Issued by Gaming Laboratories International (GLI). The certification covers Expanse’s proprietary crash game Super Heli, one of the company’s best-performing titles globally. The game was certified under GLI Report Number MO-711-MEN-24-03-711, in full compliance with Brazil’s federal iGaming technical standards.

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Key Takeaways:

Expanse Studios, a subsidiary of Golden Matrix Group (NASDAQ: GMGI), has received official certification for its top-performing crash game Super Heli in Brazil, issued by Gaming Laboratories International (GLI)
The expectation for 2025 is very optimistic, with projections to generate US$ 5.6 billion in gross gaming revenue (GGR) alone, according to data from H2 Gambling Capital.
This certification follows Golden Matrix’s recently secured definitive license for Meridianbet’s online and retail betting operations in Brazil