Golden Matrix Subsidiary Expanse Studios Unveils First Social Casino Game

Expanse Studios, has made its entry into the social casino gaming market with the launch of its first-ever social casino game, Beach Penalties. This game is designed to capture the excitement of a soccer penalty shootout, set against a backdrop of a sunny beach. The introduction of Beach Penalties marks an important step for Expanse Studios as it expands its diverse portfolio into the rapidly growing social gaming market.

Engaging Gameplay and Customizable Features

Beach Penalties offers a dynamic and engaging experience, allowing players to outwit the goalkeeper and score goals while progressing through three distinct gameplay levels: Regular Scorer, Expert Scorer, and Expert Goalkeeper. Each level introduces new challenges and higher rewards, catering to a wide range of player preferences.

The game also gives players the flexibility to select their preferred Return to Player (RTP) percentages, ranging from 96.5% to 97.5%, offering varying volatility levels depending on individual risk tolerance. Additional features include jackpots, tournaments, and a unique tutorial mode that helps new players quickly get accustomed to the gameplay mechanics.

Expanse Studios has emphasized player accessibility in Beach Penalties, with vibrant animations and a -friendly interface that appeals to both casual and experienced players.

“The launch of Beach Penalties is an exciting development for Expanse Studios as we enter the social gaming market for the first time,” said Damjan Stamenkovic, CEO of Expanse Studios. “Social casino games represent a significant opportunity for growth, and Beach Penalties allows us to showcase our ability to create engaging, accessible content that resonates with a wide audience.”

The release of Beach Penalties comes at a time when the social gaming market is experiencing significant growth. According to Business Research Insights, the social casino sector is expected to reach a market value of over $39.95 billion by 2032, with North America and Asia Pacific driving this growth. The sector is projected to grow at a compound annual growth rate (CAGR) of 5.38% between 2024 and 2032, highlighting the increasing demand for casual and interactive gaming experiences.

Golden Matrix Group echoed these sentiments, stating, “The demand for social gaming continues to rise, particularly among younger generations seeking entertainment with a casual, stress-free appeal.” The company sees the social gaming market as a lucrative opportunity to diversify its gaming offerings and meet the evolving preferences of modern players.

Expanding into Social Gaming

Golden Matrix Group’s decision to enter the social gaming market with Beach Penalties aligns with the company’s strategy of staying at the forefront of gaming innovation. Social gaming blends traditional gameplay with social interaction, offering a unique form of entertainment that allows players to engage with both the game and their peers.

Expanse Studios’ ability to introduce customizable features and exciting gameplay elements in Beach Penalties positions it well to tap into the burgeoning social casino sector. The game’s success could also serve as a springboard for the development of future social gaming projects.

“We look forward to further expanding our social casino offerings and pursuing new opportunities in this thriving market,”Stamenkovic added. With its -friendly gameplay and strategic appeal, Beach Penalties is set to pave the way for Expanse Studios as it continues to innovate within the gaming landscape.

The release of Beach Penalties follows Golden Matrix Group’s broader efforts to diversify its gaming portfolio. Over the last few years, the company has positioned itself as a leader in both B2B and B2C gaming, providing innovative platforms and games to clients and consumers across multiple international markets. Its B2B division specializes in developing and licensing proprietary gaming platforms, while its B2C division, which includes Meridianbet, operates regulated online sports betting and gaming sites.

In recent months, Expanse Studios has also made strides in expanding its footprint within the United States. In addition to launching its first social casino game, the studio is applying for a New Jersey Casino Service Industry Enterprise license, which will allow it to provide its services to operators within the state’s growing online gaming market.

With the launch of Beach Penalties, Expanse Studios has successfully established a foothold in the social casino gaming sector, one of the fastest-growing areas in the industry. This move represents a significant milestone for Golden Matrix Group as it continues to explore new markets and leverage emerging trends.

As the social gaming market continues to grow, particularly in regions like North America and Asia Pacific, Golden Matrix Group and its subsidiary, Expanse Studios, are well-positioned to benefit from the increased demand for casual, interactive gaming experiences. The company’s commitment to delivering engaging and accessible content will likely play a key role in its future success.

Source:

”Golden Matrix Group Subsidiary Expanse Studios Enters New Market Segment With Launch of First Social Casino Game”, feeds.issuerdirect.com, September 18, 2024.