
Expanse Studios, a subsidiary of Golden Matrix Group Inc., has solidified its international expansion strategy by partnering with Slotino, a prominent Bulgarian online casino operator. The integration, facilitated by Dench eGaming Solutions, represents a significant milestone in the company’s efforts to penetrate the European iGaming market.
The Bulgarian iGaming sector presents substantial growth opportunities, with market projections estimating a value of USD 680 million by 2025, according to Statista. This projection is underpinned by a progressive regulatory environment and increasing online player engagement in the region.
Through the partnership with Slotino, Expanse Studios gains access to a well-established platform, positioning its extensive portfolio of 55+ premium slot, crash, and table games in a strategic Eastern European market. The integration follows the company’s recent filing for a Romanian Class 2 B2B iGaming license, demonstrating a deliberate approach to geographic expansion.
Damjan Stamenkovic, CEO of Expanse Studios, highlighted the strategic significance of the partnership, noting that Bulgaria represents a market with immense potential. By leveraging Dench eGaming Solutions’ advanced gaming platform, the company can optimize cost efficiency and reduce reliance on third-party suppliers, ensuring higher margins and greater scalability across regulated markets.
This expansion complements Expanse Studios’ existing success in the U.S. sweepstakes and social casino industry, where its games are currently available in over 40 states. The Slotino integration underscores the company’s commitment to delivering high-quality gaming content and driving value for partners and investors.
The partnership strategically positions Expanse Studios to capitalize on the evolving European iGaming landscape, leveraging Slotino’s robust platform and the company’s proprietary game portfolio to engage players in an increasingly dynamic market.

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