Meridian Holdings Inc. (NASDAQ: MRDN) announced that its subsidiary, Expanse Studios, has signed a content distribution agreement with Casino Portoroz d.d., one of Slovenia's leading gaming operators. This marks Expanse's first operator agreement in Slovenia, and its certified titles will be available on Casino.si, the operator's online gaming platform. The agreement follows the certification of Expanse's titles for the Slovenian market, completed by Gaming Laboratories International, LLC.
Slovenia is known for its stringent online gaming regulations. The government grants online concessions only to Slovenian-registered companies that already hold a land-based concession, and the Financial Administration of the Republic of Slovenia supervises the market. This structure limits the number of licensed operators and mandates per-title certification for all suppliers, raising the barrier to entry but making operator relationships more durable once established.
Casino Portoroz d.d. operates Grand Casino Portoroz, Grand Casino Lipica, and Grand Casino Mons Ljubljana, as well as the Casino.si online platform. It was the first holder of a Slovenian online casino concession, and Grand Casino Portoroz, established in 1913, is the oldest casino in Slovenia.
This agreement makes Slovenia another EU-regulated market where Expanse Studios holds certified content, joining Malta, Portugal, Sweden, Croatia, Romania, Bulgaria, Estonia, and Latvia. The studio's business model pairs jurisdiction-level certification with direct operator integrations, with player acquisition costs borne by the operator. Expanding certified distribution across regulated European markets supports Meridian Holdings' strategy of growing B2B revenue alongside its B2C operations.
Damjan Stamenkovic, CEO of Expanse Studios, highlighted the significance of entering Slovenia: "Slovenia is a closed market with a demanding certification process, which is exactly why we deemed it worth entering. Casino Portoroz has been in this business for more than a century and holds one of the hardest positions to obtain in European online gaming. Starting there sets the standard for how we build in this market."
Ksenija Bezek, Head of Online Operations at Casino Portoroz d.d., welcomed the partnership: "We are delighted to welcome Expanse Studios to Casino.si as they enter the Slovenian market. Their commitment to certification and regulated operations aligns closely with our focus on providing Slovenian players with a safe, reliable and high-quality gaming experience. With a diverse portfolio spanning slots, strategy titles and roulette games, Expanse brings valuable new content to our platform. We look forward to building a successful, long-term partnership together."
Expanse Studios, part of Meridian Holdings Inc., is a B2B iGaming content provider specializing in slots, crash games, turn-based strategies and card games. The studio distributes over 80 proprietary titles to operators across Europe, Latin America and North America, holding content certifications in multiple regulated European jurisdictions. Meridian Holdings, headquartered in Las Vegas, operates across over 25 international regulated markets, with its B2C division led by Meridianbet Group and B2B division comprising Expanse Studios and iGaming platform GMAG.
