Red Tiger

What Red Tiger does

Red Tiger is a Malta-headquartered B2B online slot game developer and supplier, operating as a wholly owned studio brand under Evolution Group (parent Evolution Gaming Group AB, listed on Nasdaq Stockholm). The company designs, builds, and licenses a catalog of more than 200 unique slot titles — including proprietary franchises (the Kings universe spanning Primate King, Zillard King, Archdragon King, and Serpent King; Dynamite Riches; Diamond Blitz), branded licensed content (MONOPOLY series with Hasbro, Narcos Mexico, Gonzo's Quest Megaways, Blood Suckers Megaways), and Megaways mechanics licensed from Big Time Gaming — to licensed online casino operators globally.

The company's core technology is a proprietary Remote Gaming Server (RGS) that delivers games, jackpots, and bonusing tools to operator partners, supported by a self-serve developer integration portal with automated testing and comprehensive API documentation. The wider product ecosystem comprises the Playin consumer-facing demo platform (shared with sister studios NetEnt, Nolimit City, Big Time Gaming, and Sneaky Slots), the Client Back Office (operator dashboard for player activity, jackpot logs, and campaign management), Smart Spins marketing automation, and embeddable demo components distributed to affiliates and streamers. Red Tiger is licensed by the Malta Gaming Authority (MGA/CRP/187/2010) and the UK Gambling Commission, with the legal operating entity being Evolution Malta Limited (registration C 44213), and inherits Evolution Group's broader multi-jurisdiction regulatory coverage.

Red Tiger monetizes primarily through game licensing and royalty arrangements with operators, supplemented by managed RGS services and transaction-fee mechanics from its networked Daily Jackpot system (a portion of wagers funds progressive jackpots with guaranteed daily payouts). Distribution occurs via direct RGS integration with operators and through the Playin platform; secondary reach is achieved via an affiliate/streamer program that distributes embeddable demos, JSON game data feeds, and design assets. Pricing is not publicly disclosed and is contractually negotiated per operator. The customer base consists entirely of licensed iGaming operators subject to jurisdictional carve-outs (notable blocked territories include Australia, several sanctioned jurisdictions, and an evolving set of regulated markets under review).

Name

Red Tiger

Legal name

Evolution Malta Limited

Website

https://redtiger.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

251–500 employees

Short description

Red Tiger is a Malta-based B2B online slot game developer and Evolution Group subsidiary, licensing 200+ premium slot titles to online casino operators worldwide via its proprietary Remote Gaming Server and the multi-studio Playin demo platform.

Ownership category

akta.pro rank

Product category

iGaming Software / Online Casino Games

NAICS

Gambling Industries (7132), Other Gambling Industries (713290)

akta.pro primary industry

iGaming/Online Slot Content & Remote Game Servers (RGS) (MPAEAJAI)

akta.pro secondary industries

Online Casino Studios & Game Publishers (Slots, RNG, Live Dealer) (MPAEABAJ), Game Aggregation, Content Distribution & RGS (Remote Game Servers) (MPAEAKAG)

Keywords

• Online slot games
• Casino game supplier
• Remote gaming server
• IGaming content
• Slot game developer

Headquarters

HQ city

Catania

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Game Licensing to Operators: Red Tiger licenses its slot game portfolio to online casino operators through B2B agreements. Operators integrate via RGS and offer Red Tiger games to their players.
2. Remote Gaming Services: Provides Remote Gaming Server infrastructure and back-office tools to casino operators, enabling real-time game operations, bonusing, and player management.
3. Jackpot Contributions: Networked jackpot system where a portion of wagers contributes to progressive jackpots across operators.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Red Tiger develops and supplies online slot game content to licensed casino operators through its proprietary Remote Gaming Server (RGS) platform. Its offering spans 200+ slot game titles (proprietary IPs, Megaways, and Hasbro-licensed MONOPOLY games), operator back-office tools, marketing automation (Smart Spins), and a networked Daily Jackpot system. Consumers access free demos via the Playin platform.

Product overview

Red Tiger is a Malta-based online slot game developer and subsidiary of Evolution Group, operating under the Evolution Malta Limited license (MGA). The company's core offering is its portfolio of online slot games, encompassing proprietary titles (notably the Kings series including Archdragon King, Zillard King Megaways, Primate King Megaways, Serpent King, Primate King; the Diamond Blitz series; and Dynamite Riches series), branded licensed content (the MONOPOLY series in collaboration with Hasbro, Narcos Mexico, Gonzo's Quest Megaways, Blood Suckers Megaways), and Megaways titles licensed from Big Time Gaming. Red Tiger's technology ecosystem consists of the Playin platform (a multi-studio consumer-facing demo portal for Red Tiger and sister studios including NetEnt, Nolimit City, Big Time Gaming, and Sneaky Slots), the Remote Gaming Server (RGS) backend powering game operations, the Red Tiger for Developers integration portal enabling operator integration, the Client Back Office providing operator tools for campaign management and reporting, and Smart Spins marketing automation. Games are accessible via free demos, tournaments, and leaderboards, with Playin Coins virtual currency enabling demo play. The company also offers affiliate tools including game data JSON feeds and embed components.

Differentiator

Problem solved

Functional benefit

Products and services

• Dynamite Riches The Mother Lode Online slot game (third installment in the Dynamite Riches series) licensed to casino operators via the RGS, targeted at players who enjoy progression-style slot mechanics with up to 20,000x stake max win.
• Jackpot Train Train-themed online slot game with multi-level bonus progression and a Wheel Feature instant-prize mechanic, licensed to casino operators via RGS.
• Loki's Descendants Norse mythology-themed online slot with three character-driven reel modifiers and escalating bonus rounds, licensed to operators via RGS.
• Aztec Tribute Aztec-themed online slot with moving wilds and selectable god-power bonus modes, licensed to operators via RGS.
• Shark Boss Fishing-themed online slot with collectible prize mechanics and a Shark Boss character feature, licensed to operators via RGS.
• Archdragon King Online slot in the Kings evolution universe featuring Dragon progression mechanics with evolving wild multipliers, licensed to operators via RGS.
• MONOPOLY Money Magnate Hasbro-licensed MONOPOLY-themed online slot with money collection, progress, and Chance Card mechanics, licensed to operators via RGS.
• MONOPOLY Rent Rush Hasbro-licensed MONOPOLY-themed online slot with property upgrade, rent prize, and dice multiplier mechanics, licensed to operators via RGS.
• Zillard King Megaways Megaways-format online slot in the Kings evolution universe featuring Thunder Wilds and three-stage Zillard progression, licensed to operators via RGS.
• Primate King Megaways Megaways-format online slot in the Kings evolution universe featuring the Primate Wild with up to x7 multipliers and a three-stage Gold Coin progression system, licensed to operators via RGS.
• Serpent King Online slot in the Kings evolution universe featuring an upgradeable Serpent Wild with stored multipliers and respins, licensed to operators via RGS.
• Red Tiger Remote Gaming Server (RGS) Proprietary backend gaming platform that enables licensed online casino operators to integrate and operate Red Tiger's full suite of slot games and bonusing tools.
• Red Tiger Client Back Office Operator-facing back-office tool for casino managers with Team Admin, Campaign Management, and Detailed Reporting features for real-time transactions, jackpot logs, player history, and bonus campaign analytics.
• Playin (Demo Platform) Consumer-facing free demo play platform accessible via redtiger.com (and sister Evolution studio domains) that offers Red Tiger's full slot portfolio, tournaments, leaderboards, winners tracking, and highlights video library using Playin Coins virtual currency.

Quantifiable outcome

• 200+ slot game titles in portfolio
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Play'n GO: Swedish B2B slot game studio serving licensed online casino operators worldwide, with comparable portfolio depth, branded content strategy, and operator-direct distribution model.
• Yggdrasil Gaming: B2B iGaming content provider offering slots and table games via its own GEM and RGS platform to operators; comparable technical platform model and multi-jurisdiction distribution.
• NetEnt: Sister studio under Evolution Group providing online slot and casino content to operators via RGS. Directly comparable B2B slot model with shared Playin distribution infrastructure.
• Big Time Gaming: Sister studio under Evolution Group and originator of the Megaways mechanic that Red Tiger licenses; competes in slot content while serving as a strategic licensor to Red Tiger.
• Nolimit City: Sister studio under Evolution Group specializing in high-volatility slot content; shares the Playin demo platform and serves the same operator base, making it a close functional peer.
• Push Gaming: B2B slot studio with comparable operator-direct distribution, branded Megaways titles, and a content portfolio targeting the same tier of regulated European and Latin American operators.
• Blueprint Gaming: B2B slot studio (Gauselmann Group subsidiary) producing branded and Megaways slot content for online casino operators across regulated European markets.
• Pragmatic Play: One of the largest B2B slot and live casino content studios globally, distributing via proprietary aggregation platform to the same operator customer base as Red Tiger.

Emerging players

• ELK Studios: Mid-sized B2B slot studio distributing premium slot content to licensed operators; comparable B2B slot-only focus and operator-direct integration model.
• Hacksaw Gaming: Fast-growing B2B slot and instant-win content studio operating with a similar online-casino operator go-to-market and RGS-style integration model; smaller scale but directly competitive.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/redtigergaming
• LinkedInlinkedin.com/company/redtiger

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Red Tiger