Pearfiction Studios
PearFiction Studios is a Montreal-based B2B slot game studio that develops proprietary real-money online casino games on its HTML5/JavaScript framework and licenses them exclusively through Games Global and bespoke deals with tier-1 operators like Flutter, PokerStars and William Hill.
- Company typePrivate
- Founded2014
- HeadquartersMontreal, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Pearfiction Studios does
PearFiction Studios Inc. is a privately held B2B slot game studio founded in 2014 in Montreal, Canada. The company originally operated as a casual mobile games developer, but pivoted in 2016 to real-money online gaming, building a proprietary HTML5/JavaScript framework designed for cross-device (mobile and desktop) slot play. Its core product is a portfolio of 50+ real-money slot games featuring a registered family of trademarked mechanics — most notably LockNWin™ (with variants including Multiply, Dual Reels, Supreme, Jackpots, MaxSplits and 4Lives), TopGraderz™, Loot Collect™, Wild Surge™, Upzones LockNWin™ and LineNPay™ — produced through an integrated in-house pipeline covering game math, art, animation, sound, music and theme design.
The business model is B2B licensing: PearFiction generates revenue through royalty-bearing content licensing arrangements with online casino platform operators and through bespoke game development fees. The primary distribution channel is the Games Global platform (the successor to Microgaming's Quickfire platform after Games Global's 2022 acquisition of certain Microgaming assets). In parallel, the studio has executed exclusive bespoke game agreements with tier-1 operators including Flutter Entertainment, PokerStars and William Hill, producing operator-only titles such as 3 Lucky Charms, Cash Bonanza Stacks and Granny Disco Frenzy. Distribution is global, served through Games Global's network of downstream casino brands and the bespoke operator platforms, with affiliate and review coverage spanning the UK, mainland Europe, Latin America and other regulated iGaming markets.
Headcount is in the 11-50 range, drawing on an internationally distributed team across ten countries including Canada, the UK, Belarus, Estonia, Spain, Ukraine, India, Indonesia, South Africa, Mauritius, Mexico and Venezuela. The studio is founder-led by CEO Thierry Semoff and operates without disclosed outside institutional funding. Industry recognition includes Rising Star of the Year at the International Gaming Awards (2023), Game of the Year at the iGaming Idol Awards (2023) for Granny Vs Zombies, and ongoing nominations across the SBC Awards, CasinoBeats Game Developer Awards, International Gaming Awards and SlotCatalog.
Pearfiction Studios firmographics
Firmographics- Name
- Pearfiction Studios
- Legal name
- PearFiction Studios Inc.
- Website
- https://pearfiction.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PearFiction Studios is a Montreal-based B2B slot game studio that develops proprietary real-money online casino games on its HTML5/JavaScript framework and licenses them exclusively through Games Global and bespoke deals with tier-1 operators like Flutter, PokerStars and William Hill.
- Ownership category
- akta.pro rank
Pearfiction Studios industry classification
Industry- Product category
- Online Casino Slot Games / iGaming Software
- NAICS
- Gambling Industries (7132)
- akta.pro primary industry
- Online Casino Studios & Game Publishers (Slots, RNG, Live Dealer) (MPAEABAJ)
Keywords
Where Pearfiction Studios is headquartered
LocationHeadquarters
- HQ city
- Montreal
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Pearfiction Studios business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Game Licensing to Platform Operators: PearFiction licenses its casino games to platform operators like Games Global (formerly Microgaming), Leander Games, and directly to casino operators. Games are developed exclusively for these platforms, generating revenue through licensing arrangements.
- Bespoke Game Development for Operators: The studio develops custom games for specific casino operators like Flutter Entertainment (3 Lucky Charms), PokerStars (Cash Bonanza Stacks), and William Hill (Granny Disco Frenzy), creating bespoke titles available exclusively on those platforms.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Pearfiction Studios product offering
Product offeringCore offering
PearFiction Studios is a B2B iGaming studio that designs, develops, and licenses real-money online slot games to casino platform operators and casino brands. Its catalog of 50+ games is built on a proprietary HTML5/JavaScript framework and centers on recurring signature mechanics such as LockNWin™, TopGraderz™, Loot Collect™, Wild Surge™, Upzones LockNWin™, and LineNPay™, distributed primarily through the Games Global platform and via bespoke development deals with operators including Flutter Entertainment, PokerStars, and William Hill.
Product overview
Pearfiction Studios is a slot game studio specializing in developing innovative online casino games. The company offers a diverse portfolio of slot games featuring proprietary mechanics including LockNWin (with variants like Multiply, Dual Reels, Supreme, Jackpots, Maxsplits), TopGraderz symbols (Split, Boost, Multiplier, Bonus), Upzones LockNWin, Wild Surge, Bunnytastic Zone, SwineTastic Zone, and various collection/collect mechanics. Games span diverse themes including mythology (Greek, Egyptian, Norse), nature/animals, food/culture, fantasy, and licensed-inspired concepts. The studio operates from Montreal, developing games for platforms including Games Global (exclusive), Microgaming Quickfire, Leander, PokerStars, William Hill, and Flutter Entertainment. In 2016, the company pivoted from social casino games to real money slots using HTML5/JavaScript framework.
Differentiator
Problem solved
Functional benefit
Products and services
- Crown Frenzy Online slot game featuring 4 Collect mechanics, 7 LockNWin experiences, TopGraderz symbols, and a wheel feature on 5x3 to 5x6 reels; licensed to online casino operators via Games Global.
- TopLoot Payout Classic 3x3 format slot featuring the LineNPay cash-line mechanic, CashLock, Wild Multipliers, Jackpot Wheel, and a Gamble Feature; licensed to online casino operators via Games Global.
- Alpha Gods: Baphomet 5x4 video slot featuring Wild Surge, Upzones LockNWin, a Sin Pots collection mechanic, and Bonus and Jackpot wheels; licensed to online casino operators.
- Noodle Riches Asian arcade kitchen-themed slot featuring the Loot Collect mechanic, Catchinko bonus, cascading reels, jumbo symbols, and 4 Free Spins modes; licensed to online casino operators.
- 3 Lucky Hippos 2 Safari-themed sequel slot featuring 4 LockNWin experiences, TopGraderz symbols, and a Wheel Feature on 5x3 to 5x6 reels; licensed to online casino operators.
- Granny Disco Frenzy (William Hill bespoke) Bespoke disco zombie-themed slot developed exclusively for William Hill, featuring LockNWin mechanics on 5x3 to 5x6 reels.
- Granny Vs Zombies Award-winning zombie-themed slot featuring LockNWin mechanics; won iGaming Idol Game of the Year 2023 and SlotsWise WOW Slot 2024, with a recorded 5000x Epic jackpot on PokerStars.
- Chicago Gold 1920s mafia-themed slot and PearFiction's first exclusive release on the Microgaming platform; became one of the platform's top-performing debut games.
- Treasures of Kilauea Volcanic Hawaiian-themed slot featuring Wild Burst and collection mechanics; licensed to online casino operators and the basis for a record-breaking sequel launch.
- PowerUp Slots Social casino slot game for iOS released in December 2015; the studio's first social casino title and reached #5 in the US iTunes casino category.
- Gustavo El Luchador Mexican Luchador-themed slot and the first game launched on the Leander Games platform under the studio's 2017 exclusive four-game deal.
Quantifiable outcome
- 3 Lucky Hippos 2 reached #4 in the UK on SlotCatalog
- +4 more outcomes
Companies that use Pearfiction Studios
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
Pearfiction Studios technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Pearfiction Studios partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered strategic, core and historical.
- Flutter EntertainmentstrategicPearFiction Studios and Flutter Entertainment launched a second bespoke game – 3 Lucky Charms in February 2025. Flutter Entertainment is one of the world's largest online gaming operators.
- PokerStarsstrategicCustom game launch with PokerStars: Cash Bonanza Stacks LockNWin + TopGraderz went live in October 2024. Bespoke game available exclusively on PokerStars platform.
- William HillstrategicFirst-ever bespoke game with William Hill: Granny Disco Frenzy LockNWin went live in September 2024, available only on William Hill platform.
- Games GlobalcoreAfter Games Global completed the successful purchase of certain assets from Microgaming in 2022, PearFiction became an exclusive content partner releasing games on the new Games Global platform. This is the primary distribution channel for PearFiction's casino game portfolio.
- MicrogaminghistoricalOriginal exclusive content partner. In February 2021, PearFiction released Chicago Gold exclusively on the Microgaming platform – their first exclusive release on Microgaming. Content transitioned to Games Global after 2022 asset purchase.
- RNG Foundry LimitedhistoricalExclusive game development and distribution agreement signed in 2017 for games to be integrated into Microgaming's Quickfire platform. This was the studio's first major B2B partnership.
- Leander GameshistoricalExclusive four-game deal signed in 2017 with Leander Games to host Gustavo El Luchador, Outerspace Invaders, FishNChips, and PugsLife on the Leander platform.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Pearfiction Studios competitors and assessment
Company assessmentDirect peers
- Yggdrasil Gaming: Mid-sized slot studio with a trademarked mechanic library (GEM, Splitz, Gigablox) and global B2B distribution via its own YG Masters program. Comparable to PearFiction in mechanic-driven differentiation and operator-distribution model, though larger and broader in portfolio.
- Hacksaw Gaming: Boutique slot game studio with a similar size, exclusive mechanic-driven portfolio, and direct distribution to Tier-1 online casino operators. Hacksaw Gaming mirrors PearFiction's model of trademarked proprietary features (e.g., Dream Drop, Stackways) and small-team high-output cadence targeting the same B2B iGaming customer base.
- Thunderkick: Small, design-led slot studio with a focused game portfolio distributed through aggregators and operator platforms. Thunderkick's boutique size, mechanic emphasis, and exclusive-style distribution approach mirror PearFiction's positioning.
- 4ThePlayer: Small boutique slot studio with proprietary mechanics (e.g., 4Reel, Big Reel Portrait Mode) distributed via aggregators. 4ThePlayer's size, mechanic-led differentiation, and Yggdrasil distribution history make it a close boutique peer to PearFiction.
- ELK Studios: Mid-sized boutique slot studio with a strong mechanic library (Avalanche, X-iter) and exclusive content relationships with operators. ELK Studios' scale and B2B iGaming distribution model are closely comparable to PearFiction's.
- Nolimit City: High-volatility slot studio with a proprietary mechanic library (xMechanics including xBomb, xNudge) targeting the same online casino operator customer base. Nolimit City (now owned by Evolution) is comparable to PearFiction in its mechanic-led differentiation and Tier-1 operator distribution.
- Push Gaming: Slot-focused studio with comparable output velocity and mechanic-driven differentiation, distributing through major aggregators and direct operator deals. Push Gaming's portfolio depth, branded mechanics (e.g., Push Ways, Bonus Bets), and Tier-1 operator relationships are directly comparable to PearFiction's position.
- Relax Gaming: Slot studio and aggregator operating both a proprietary content business and a distribution platform (RelaxRush). Relax Gaming's hybrid studio-plus-aggregator model intersects with PearFiction's distribution approach via Games Global.
Broad incumbents
- Pragmatic Play: One of the largest iGaming content suppliers, producing slots, live casino, and bingo for global operators. Pragmatic Play is a broad incumbent in the same product category as PearFiction, dominating operator shelf space at a much larger scale.
- Play'n GO: Large, established slot and table game supplier with a deep mechanic library and direct distribution to most Tier-1 operators. Play'n GO is a broad incumbent competitor serving the same B2B iGaming customer base as PearFiction.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Pearfiction Studios social profiles
Digital presencePearfiction Studios financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pearfiction Studios leadership team
Management profileNumber of profiles
Profiles3 records
Pearfiction Studios funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pearfiction Studios 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 Pearfiction Studios
What does Pearfiction Studios do?
PearFiction Studios is a B2B iGaming studio that designs, develops, and licenses real-money online slot games to casino platform operators and casino brands. Its catalog of 50+ games is built on a proprietary HTML5/JavaScript framework and centers on recurring signature mechanics such as LockNWin™, TopGraderz™, Loot Collect™, Wild Surge™, Upzones LockNWin™, and LineNPay™, distributed primarily through the Games Global platform and via bespoke development deals with operators including Flutter Entertainment, PokerStars, and William Hill.
Is Pearfiction Studios a public or private company?
Pearfiction Studios is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Pearfiction Studios founded?
Pearfiction Studios was founded in 2014. It employs 11 to 50 people.
Where is Pearfiction Studios based?
Pearfiction Studios is headquartered in Montreal, Canada, in the North America region.
How does Pearfiction Studios make money?
Two revenue lines are on record. Game Licensing to Platform Operators are the primary driver. The others are bespoke Game Development for Operators.
Who are Pearfiction Studios's main competitors?
Direct peers on record are Yggdrasil Gaming, Hacksaw Gaming, Thunderkick, 4ThePlayer, ELK Studios, Nolimit City, Push Gaming and Relax Gaming. Broad incumbents are Pragmatic Play and Play'n GO.
Does Pearfiction Studios have an API?
No public API is recorded for Pearfiction Studios.
What industry is Pearfiction Studios in?
Pearfiction Studios's product category is Online Casino Slot Games / iGaming Software. Its primary akta.pro industry code is MPAEABAJ, Online Casino Studios & Game Publishers (Slots, RNG, Live Dealer). Its NAICS code is 7132.