GlobeNewsWire
25 May 2026, 08:51 UTC · 1h ago
Source · https://www.globenewswire.com/news-release/2026/05/25/3300529/0/en/Expanse-Studios-Secures-Colombia-Market-Certification.html
Read source
Search tags
Story key points
3 claims · impact-rated
Expanse Studios, a subsidiary of Meridian Holdings (MRDN), has received regulatory certification to deploy three game titles in Colombia's online gambling market. — This opens a direct revenue stream in a regulated market and expands the addressable user base for MRDN's B2B segment.
+0.40Colombia's online gambling market generated $1.29 billion in 2024 and is projected to grow to $2.03 billion by 2029. — Strong sector growth targets suggest a high ceiling for the potential revenue capture by new entrants like Expanse Studios.
+0.20Expanse Studios is using the Colombian certification as a regulatory foundation to scale further across the Latin American region. — Strategic expansion into wider LatAm markets provides long-term growth optionality beyond a single country.
+0.20Impact vectors
6 dimensions · 9 clusters
Market reaction
0 bid · 0 offered
No stock impact ranking available yet.
No stock impact ranking available yet.
Ticker attribution
Model heads
The company's subsidiary, Expanse Studios, secured regulatory certification to enter the high-growth Colombian online gambling market.
No ticker relationship head found.
