Golden Matrix applies for Ontario iGaming License
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Golden Matrix Group has applied for a B2B license to bring its subsidiary Expanse Studios into the Ontario market. This is a significant step for the company as part of its global expansion strategy.
Based in Las Vegas, Golden Matrix operates in international markets, offering B2B and B2C gaming technology. Expanse Studios, launched earlier this year, already has a presence in over 50 regulated markets, offering slots, table games and other entertainment.
“This milestone is critical to our entry into Ontario,” said Expanse CEO Damian Stamenkovic. He also highlighted the importance of regulated markets for the company, and expressed optimism about the opportunities Ontario offers.
Golden Matrix is also awaiting approval to operate in the emerging iGaming market of Brazil and has already obtained a sports betting license in South Africa.