Expanse Studios has submitted an application for a Class 2 iGaming license in Romania, aiming to expand its footprint in the European online gambling market. The strategic move comes as Romania emerges as a key gaming market, with industry projections indicating substantial revenue growth in the coming years.
The Romanian online gambling sector is expected to generate $2.2 billion in revenue by 2025, with the casino games segment alone anticipated to reach $1.39 billion. By securing a license from Romania's National Gambling Office (ONJN), Expanse Studios will be able to distribute its proprietary gaming content to licensed operators within the country's regulated market.
Damjan Stamenkovic, CEO of Expanse Studios, emphasized the significance of this expansion, noting that Romania represents a critical growth opportunity with its thriving iGaming ecosystem and robust regulatory framework. The company's strategic approach focuses on delivering high-quality gaming content to emerging and established regulated markets.
This European expansion builds upon Expanse Studios' existing success in the North American market, where the company has already integrated with multiple social casino and sweepstakes operators across more than 40 states. By simultaneously operating in both North American and European markets, the company strengthens its position as a global business-to-business (B2B) content provider.
Expanse Studios boasts a diverse portfolio of over 55 proprietary games, including slots, crash games, and table games. This comprehensive offering positions the company to effectively serve operators in various regulated markets, leveraging strategic partnerships and advanced gaming solutions.
The Romanian market entry represents a significant milestone in Expanse Studios' international growth strategy. By targeting a market with strong projected revenue and a clear regulatory environment, the company demonstrates its commitment to expanding its global presence in the competitive iGaming industry.
