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Golden Matrix Group (Meridianbet, Expanse Studios) Officially Enters the U.S. Market

Global brand now part of the fastest-growing social casino segment in the U.S. gaming industry

by - Wednesday, January 1st, 2025 3:17
golden matrix group USA
Golden Matrix Group (Meridianbet, Expanse Studios) Officially Enters the U.S. Market (GMGI), through its game development division Expanse Studios, has officially entered the U.S. market, marking a significant milestone in its North American expansion strategy.

With the successful completion of this integration, Expanse Studios (owned by Meridianbet and part of the GMGI holding group) becomes a key player in the U.S. social casino gaming (sweepstakes) market, valued at $5.6 billion and projected by analysts to exceed $11 billion by the end of 2025.

Golden Matrix Group (Meridianbet, Expanse Studios) Officially Enters the U.S. Market

Golden Matrix Group (Meridianbet, Expanse Studios) Officially Enters the U.S. Market

Damjan Stamenkovic, CEO of Expanse Studios, stated:
“This is a significant step for Expanse Studios as we officially position ourselves in the U.S. market. Our games deliver a unique, high-quality experience that sets us apart in this extremely dynamic and fast-growing industry. North America is a key region for our global growth strategy, and we look forward with great ambition to the business opportunities that await us on this continent.”

Golden Matrix Group shares are available for trading through authorized brokers, with the official ticker code GMGI.

This information is provided for informational purposes only and does not constitute investment advice, a solicitation, or an offer to buy or sell securities. Trading shares involves risks and is subject to applicable laws and regulations of Malta.

In the third quarter of 2024, Golden Matrix recorded an impressive revenue growth of 75% compared to the same period the previous year. Total revenue for the first half of the year increased by 41%, while gross profit rose by 31%.

The Golden Matrix Group includes:

  • Meridianbet, one of the country’s oldest and fully licensed betting operator
    • Golden Matrix Group (Meridianbet, Expanse Studios) Officially Enters the U.S. Market, the fastest-growing iGaming studio in Europe for game development
  • Rkings, a leading platform for physical and digital sweepstakes in the UK
  • Classics for a Cause, the strongest brand in sweepstakes and loyalty businesses in Australia
    • Golden Matrix Group (Meridianbet, Expanse Studios) Officially Enters the U.S. Market, the most popular online casino platform in South America
  • GM-AG, the largest global platform for developing and licensing gaming software solutions
Natasha Lyndon

Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.