Golden Matrix Group Launches First Social Casino Game

Golden Matrix Group Launches Expanse Studios’ First Social Casino Game, ‘Beach Penalties’

The Golden Matrix Group has entered the competitive world of social casino gaming with its latest release, Beach Penalties, developed by its Expanse Studios subsidiary. This debut marks a pivotal moment for the Las Vegas-based company, signaling its ambition to become a major player in the rapidly growing social gaming sector.

Social gaming is on the rise, and Beach Penalties is designed to captivate a wide range of players, from casual gamers to dedicated enthusiasts. Expanse Studios’ Chief Executive Officer, Damjan Stamenkovic, highlighted that the release of this new game showcases the company’s commitment to delivering engaging and innovative content to the ever-expanding social casino market. By tapping into this space, Expanse Studios is poised to attract new audiences while providing a fresh, entertaining experience for long-time players.

Expanse Studios is not alone in its efforts to stake a claim in the US market. Earlier this month, 10 Ten Gaming launched Smiles Casino, another social casino platform. These developments underscore the increasing competition within the US social casino space, as companies aim to cater to growing demand. The social gaming market is projected to reach $39.95 billion by 2032, driven by the desire for accessible, casual gaming entertainment that appeals to a diverse audience.

Expanse Studios’ Beach Penalties offers players a unique soccer-themed game where they take penalty shots on a beach. With customizable settings, interactive animations, and various difficulty levels, players can tailor their gaming experience to fit their style. Whether you’re a casual gamer or a hardcore player, Beach Penalties adapts to your preferences, providing engaging gameplay that is easy to pick up but offers layers of strategy for those looking for depth.

In addition to its user-friendly interface, Beach Penalties introduces exciting features like jackpots and competitive tournaments. The game’s Return to Player (RTP) rates, ranging from 96.5% to 97.5%, and adjustable volatility give players control over their risk and reward potential, ensuring that each session offers fresh excitement. With a built-in tutorial that helps new players quickly get up to speed, Beach Penalties stands out as an ideal entry point for those exploring social casino gaming for the first time.

Expanse Studios’ CEO, Damjan Stamenkovic, expressed his excitement about the company’s foray into the social gaming world. He stated, “The launch of Beach Penalties is a significant milestone for Expanse Studios as we enter the social gaming market. Social casino games present a substantial growth opportunity, and we are excited to showcase our expertise in crafting accessible, engaging content that resonates with a global audience. We look forward to further expanding our portfolio in this thriving market.”

The timing for Expanse Studios to enter the social casino scene couldn’t be better. Social gaming is rapidly gaining traction, especially among younger generations seeking relaxed, casual entertainment. Industry forecasts predict the global social gaming market will grow at a 5.38% annual rate, with more and more players embracing this form of gaming. As a result, Expanse Studios is well-positioned to capture the attention of this growing audience by continuously expanding its catalog of games.

Expanse Studios has also made significant strides in extending its reach to more than 50 regulated markets, supplying operators worldwide with its top-tier content. In addition to social casino games, the developer offers a variety of online slots, table games, and crash games, helping to fuel its rapid global expansion.

Moreover, May 2024 saw Thunderkick, another notable game studio, partner with High 5 Casino to introduce its content to the US market. Titles like Bones & Bounty, Hellapenos, Midas Golden Touch, and Shifting Seas have since gained traction with American players, adding to the growing catalog of social casino games.

With the launch of Beach Penalties, Expanse Studios has officially made its mark in the US social casino market, leveraging its expertise and creativity to offer a unique and engaging gaming experience. As social gaming continues to rise, the company’s debut positions them as a formidable player in the space, with plans to further expand their presence and offerings. As competition heats up and market demand grows, Golden Matrix Group and its subsidiary Expanse Studios are poised to play a pivotal role in shaping the future of social gaming worldwide.