This achievement represents a significant milestone within the organization’s growth strategy. To put the potential in context, Brazil’s iGaming market has reached 82.8% in player engagement, according to the latest edition of Pesquisa Game Brasil, marking an increase of 8.9 percentage points compared to 2024.
Furthermore, H2 Gambling Capital estimates that casino gaming revenue in Brazil is expected to exceed R$23 billion (US$4.2bn) by December.
“Brazil is no longer just a promise for us; we are now operating in a regulated environment and generating consistent revenue,” said Damjan Stamenkovic, CEO of Expanse Studios. “The country has established itself as one of the largest regulated markets in the world, with strong revenue potential and cultural affinity with our game formats.”
Entry into the Brazilian market
Expanse Studios made its debut in the Brazilian market with its leading crash game title, Super Heli. In partnership with Meridianbet, the developer now brings one of the most popular casino games to Brazilian players.
While maintaining its well-known crash format, Super Heli introduces several gameplay enhancements for a more dynamic player experience, including:
- Up to 10 seconds after the start of each round to place bets;
- Up to three simultaneous bets per round;
- Automatic cash-out option;
- Auto-play functionality;
- Partial withdrawal capability.
The game also stands out for its modern visuals and 3D graphics, offering a fully immersive technological interface that enhances player engagement.
Expanse Studios already has other titles in the final certification phase for the Brazilian market. In total, the company offers more than 50 crash and gamified slot games.
Damjan Stamenkovic has emphasized the importance of adapting the company’s portfolio to local preferences. “We are already adjusting themes, bonuses, and volatility levels to match Brazilian players’ cultural tastes. We also use data from our global operations to fine-tune our content based on current user behavior,” he explained.
To celebrate the partnership, Meridianbet is offering a freebet promotion so players can try Super Heli and discover why it stands out among the world’s top crash games. Create your account and play your first rounds today!
Expanse Studios’ growth in 2025
In addition to its certification to operate in Brazil, Expanse Studios has achieved several milestones in 2025, positioning itself as one of the leading casino game developers in the world.
Earlier this year, the company also obtained official certification in Croatia for the launch of Super Heli, making it the studio’s first approved title in the region. Expanse has also submitted an official application for a Class 2 iGaming license in Romania, expanding its footprint across Europe.
Among other achievements, Expanse integrated with its second major casino operator in the United States, making its collection available to players in over 40 U.S. states.
Finally, its new partnership agreement with Blazesoft, a leading provider in the social gaming segment, added five social casino platforms to its portfolio.
By strengthening its presence in key markets across the Americas, Europe, and North America, Expanse Studios continues to solidify its role as a global leader in iGaming content.
Expanse Studios
As one of the leading global B2B content providers, Expanse Studios specializes in high-quality slot games, crash games, table games, and gamified casino experiences.
Part of the Golden Matrix Group Inc., the company develops games tailored to regulated markets, sweepstakes platforms, and social casinos worldwide, with a portfolio of more than 55 proprietary titles.
Meridianbet
Founded in 2001 in Serbia, Meridianbet is part of the Golden Matrix Group Inc. and specializes in sports betting and casino games, with over two decades of experience in the industry.
The company’s success is driven by proprietary technology and scalable systems that enable omnichannel operations across multiple markets and currencies, covering retail, online, and mobile platforms.
To stand out as one of the top companies in its field, Meridianbet has focused on continuous growth through Machine Learning and AI-driven innovation. These advancements, combined with strategic actions in emerging markets, ensure a promising future for the brand in the global casino and sports betting landscape.
For more updates, visit the Golden Matrix Group’s Investor Relations page or follow GMGI and Meridianbet on social media:
https://meridianbet.bet.br/
https://expanse.studio/
www.goldenmatrix.com
www.ir.meridianbet.com
https://x.com/GMGI_Official
https://x.com/meridianbet_br
Source: GMB
