SPINMATIC
Spinmatic is a Malta-based B2B developer and licensor of HTML5 casino slot games, supplying a 104+ title portfolio via proprietary SpinEngine 3.0 technology to European-regulated operators and gaming aggregators under an MGA Corporate B2B License as a Softquo Holding subsidiary.
- Company typePrivate
- Founded2017
- HeadquartersValletta, Malta
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What SPINMATIC does
Spinmatic is a Malta-domiciled B2B developer and supplier of HTML5 casino games, operating as a subsidiary of Softquo Holding Limited under the trade names Spinmatic and Spinmatic Entertainment. The company licenses a catalogue of more than 104 slot and casino games — including titles such as Elemental Fusion Deluxe — built on its proprietary SpinEngine 3.0 game framework, with omnichannel compatibility, multi-language and multi-currency support, and certified RNG mechanics. Distribution is operated through a dual channel: aggregator and platform partnerships (including Slotegrator, EveryMatrix, SOFTSWISS, BetConstruct, Digitain, Blue Ocean Gaming, and Salsa Technology) alongside direct enterprise relationships with regulated European operators such as Fortuna Entertainment Group, Winmasters, Snaitech, Golden Palace, Betmaster, and Fonbet Greece.
Spinmatic's regulatory foundation rests on a Malta Gaming Authority Corporate B2B License (MGA/CRP/320/2016, issued October 17, 2019) held by Virtual Gaming Technologies Limited (Malta company registration C 68814), with the trading entity Spinmatic Limited (C 82276) also incorporated in Malta. The offering is rounded out by the SpinHub backoffice for operator account management, marketing resources, 24-hour API integration, and Cisco-firewall-secured infrastructure. Revenue is generated through B2B licensing and royalty arrangements with bookmakers, online casinos, and gaming operators, with pricing negotiated on a quote basis rather than published publicly.
Strategic positioning centers on regulated European markets, with recent expansion concentrated in Central and Eastern Europe (Czechia, Poland, Slovakia, Croatia, Romania via Fortuna) and Greece (via Winmasters), frequently bundled with sister Softquo brand GoldenRace's virtual sports and number games. The company has not disclosed revenue, headcount, or external funding; leadership visibility is limited, with Norbert Mathies listed as managing director. Two Malta corporate entities (Virtual Gaming Technologies Limited and Spinmatic Limited) and the absence of any M&A activity or capital raises indicate a stable, parent-financed operating structure rather than an independent venture-backed growth profile.
SPINMATIC firmographics
Firmographics- Name
- SPINMATIC
- Legal name
- Virtual Gaming Technologies Limited
- Website
- https://spinmatic.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Spinmatic is a Malta-based B2B developer and licensor of HTML5 casino slot games, supplying a 104+ title portfolio via proprietary SpinEngine 3.0 technology to European-regulated operators and gaming aggregators under an MGA Corporate B2B License as a Softquo Holding subsidiary.
- Ownership category
- akta.pro rank
SPINMATIC industry classification
Industry- Product category
- iGaming Software (Online Casino Slot Games)
- NAICS
- Gambling Industries (7132), Other Gambling Industries (71329)
- akta.pro primary industry
- Online Casino Studios & Game Publishers (Slots, RNG, Live Dealer) (MPAEABAJ)
- akta.pro secondary industries
- Game Aggregation, Content Distribution & RGS (Remote Game Servers) (MPAEAKAG), iGaming/Online Slot Content & Remote Game Servers (RGS) (MPAEAJAI)
Keywords
Where SPINMATIC is headquartered
LocationHeadquarters
- HQ city
- Valletta
- HQ country
- Malta
- HQ region
- Europe
Offices1 record
Markets served
SPINMATIC business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- B2B Casino Game Licensing: Spinmatic operates as a B2B developer and supplier of casino games to bookmakers and casinos. The company licenses its HTML5 casino games portfolio to operators globally, with revenue generated through licensing arrangements with regulated gaming operators.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
SPINMATIC product offering
Product offeringCore offering
Spinmatic is a B2B developer and supplier of HTML5 casino slot games for bookmakers and online casinos. The company licenses a catalogue of more than 104 multi-platform slot games featuring cinematic-quality graphics, sound FX, and carefully developed storylines, with integration into operator platforms delivered via 24-hour API connections.
Product overview
SPINMATIC is a B2B casino game developer and supplier offering a portfolio of HTML5 slot games and supporting tools for bookmakers and casinos. The core product is their catalogue of over 104 slot games built on the proprietary SpinEngine 3.0 framework. The offering is complemented by SpinHub (backoffice management), Marketing Resources, Client Support, and API-based Integration services. The company operates as part of Softquo Holding and holds a Malta Gaming Authority license.
Differentiator
Problem solved
Functional benefit
Brands
- SpinHub: Enhanced backoffice platform that enables clients to control accounts, logs, reports, and settings.
- SpinEngine 3.0
Products and services
- HTML5 Slot Games Portfolio A catalogue of more than 104 premium HTML5 casino slot games featuring cinematic-quality graphics, customisable settings, sound FX, and developed storylines. Games are omnichannel, support multiple languages and currencies, and are licensed to bookmakers and online casino operators for use in regulated markets.
- Elemental Fusion Deluxe (Slot Game) A 5x3 grid slot game with 25 fixed paylines combining traditional slot gameplay with a Plinko Feature bonus game. Features include Gold Wilds, Instant Elixir Multipliers, and four distinct Plinko modes (Water, Air, Earth, Fire) each with different volatility profiles and jackpot tiers (Mini, Midi, Maxi, Grand Jackpot). Technical specifications include 96.04% RTP and 39.49% hit frequency.
- SpinHub Backoffice Platform An enhanced backoffice management platform provided to Spinmatic's B2B clients enabling them to control accounts, logs, reports, and settings from a single interface. Used by online casino operators and aggregators to manage their integration with Spinmatic's game portfolio.
Quantifiable outcome
- 104+ casino games available in portfolio
- +2 more outcomes
Companies that use SPINMATIC
Customer profileNamed customers16 records
Segments2 records
Ideal customer profiles2 records
SPINMATIC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
SPINMATIC partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, minor and flagship.
- WinmasterscoreGoldenRace partnered with Winmasters to integrate its virtual sports, number games, and crash games along with Spinmatic's slot titles into the Winmasters gaming platform, launching first in Greece. The partnership is designed to scale with a phased rollout planned for other regulated European markets where Winmasters operates.
- Fortuna Entertainment GroupcoreGoldenRace and Spinmatic entered into a strategic partnership with Fortuna Entertainment Group (FEG) to supply Virtual Sports and casino games to FEG's customer base across Central and Eastern European markets. FEG operates under brands including Fortuna, PSK, and Casa Pariurilor across five countries: Czechia, Poland, Slovakia, Croatia, and Romania. The partnership aims to expand content offerings to include slots, virtuals, crash games, and scratchcards.
- SlotegratorminorGaming aggregator partner facilitating Spinmatic's game distribution to operators.
- Every MatrixminorGaming platform provider partner listed on Spinmatic's About page.
- SOFTSWISSminorGaming software aggregator partner facilitating Spinmatic's game distribution.
- DigitainminorSportsbook and casino platform provider partner listed on Spinmatic's About page.
- Softquo HoldingflagshipSpinmatic is a subsidiary of Softquo Holding Limited. Softquo is the parent company that shapes the future of the gaming industry with best-in-class brands delivering innovative products. Spinmatic operates under Softquo's corporate umbrella, with all commercial communications handled on behalf of Softquo.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
SPINMATIC competitors and assessment
Company assessmentDirect peers
- Pragmatic Play: Pragmatic Play is one of the largest B2B casino game studios producing HTML5 slots, live casino, and bingo content distributed via aggregators and direct operator deals — directly comparable to Spinmatic's slot-studio model, though at significantly greater scale.
- Betsoft Gaming: Betsoft Gaming is a B2B casino game studio producing HTML5 slots and table games with a focus on cinematic-quality visuals and licensed to operators in regulated markets — closely comparable to Spinmatic on visual-quality positioning, B2B licensing model, and slot-led product portfolio.
- ELK Studios: ELK Studios is a Stockholm-based B2B slot studio producing premium HTML5 slot games with proprietary mathematics and feature design, licensed to operators globally — closely comparable to Spinmatic on studio size, premium-quality positioning, and HTML5 slot focus.
- Thunderkick: Thunderkick is a Stockholm-based independent B2B slot studio producing a smaller, quality-focused catalogue of HTML5 slot games distributed via aggregators to regulated operators — directly comparable to Spinmatic on studio scale, premium-quality positioning, and HTML5 slot product.
- Yggdrasil Gaming: Yggdrasil is a Malta-based B2B iGaming content studio producing HTML5 slots and table games with proprietary mechanics (GEMs, Game Engagement Mechanic), distributed to operators across regulated European markets — comparable to Spinmatic on geography (Malta), B2B licensing model, and HTML5 slot focus.
- Nolimit City: Nolimit City is a Stockholm-based B2B slot studio producing premium, mechanics-heavy HTML5 slot games distributed via aggregators and direct integrations — closely comparable to Spinmatic in product category, distribution approach, and target operator segment.
- Play'n GO: Play'n GO is a leading Maltese-headquartered B2B slot and casino content studio with a portfolio of 400+ games distributed globally to regulated operators — overlapping directly with Spinmatic on geography (Malta base), product (HTML5 slots), and licensing (multiple regulated jurisdictions).
- Hacksaw Gaming: Hacksaw Gaming is a B2B game studio focused on slots, scratch cards, and instant-win games built on proprietary technology, distributed to operators globally — comparable to Spinmatic on product format mix (slots + crash/instant-win), proprietary tech stack, and aggregator-led distribution.
Broad incumbents
- NetEnt: NetEnt (a subsidiary of Evolution AB) is one of the largest and longest-established B2B slot and casino game studios, producing hundreds of HTML5 titles distributed across virtually all major regulated operators globally — overlapping with Spinmatic on product category (HTML5 slots) but operating at much greater scale.
Emerging players
- GoldenRace: GoldenRace is a Softquo Holding sibling company specializing in virtual sports, number games, and crash games distributed to operators globally. The two companies have executed joint partnerships (Fortuna Entertainment Group, Winmasters), making GoldenRace a sibling/peer in the iGaming B2B content space with adjacent product focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
SPINMATIC social profiles
Digital presenceSPINMATIC compliance and trust
Trust signalCompliance1 record
SPINMATIC financial estimates
Financial estimateRevenue estimate
Valuation estimate
SPINMATIC leadership team
Management profileNumber of profiles
Profiles1 record
SPINMATIC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SPINMATIC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SPINMATIC
What does SPINMATIC do?
Spinmatic is a B2B developer and supplier of HTML5 casino slot games for bookmakers and online casinos. The company licenses a catalogue of more than 104 multi-platform slot games featuring cinematic-quality graphics, sound FX, and carefully developed storylines, with integration into operator platforms delivered via 24-hour API connections.
Is SPINMATIC a public or private company?
SPINMATIC is a private company. It is classified as corporate owned and is currently operating.
When was SPINMATIC founded?
SPINMATIC was founded in 2017. It employs 11 to 50 people.
Where is SPINMATIC based?
SPINMATIC is headquartered in Valletta, Malta, in the Europe region.
How does SPINMATIC make money?
One revenue line is on record: B2B Casino Game Licensing.
Who are SPINMATIC's main competitors?
Direct peers on record are Pragmatic Play, Betsoft Gaming, ELK Studios, Thunderkick, Yggdrasil Gaming, Nolimit City, Play'n GO and Hacksaw Gaming. NetEnt is listed as a broad incumbent. GoldenRace is listed as an emerging player.
Does SPINMATIC have an API?
Yes. SPINMATIC offers a proprietary API enabling integration of their casino games into operator platforms. The company claims games can be incorporated into a platform in just 24 hours through their powerful APIs.
What industry is SPINMATIC in?
SPINMATIC's product category is iGaming Software (Online Casino Slot Games). Its primary akta.pro industry code is MPAEABAJ, Online Casino Studios & Game Publishers (Slots, RNG, Live Dealer), with a secondary code of MPAEAKAG, Game Aggregation, Content Distribution & RGS (Remote Game Servers). Its NAICS code is 7132.