Avantmed
Avantmed operates an online slot gaming platform branded as Mahjong Ways, distributing PG SOFT content under a PAGCOR Indonesia license to individual consumers across 31 listed countries via browser and multi-OS mobile apps.
- Company typePrivate
- Founded2014
- HeadquartersQuito, Ecuador
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Avantmed does
Avantmed operates an online slot gaming platform branded around the Mahjong Ways franchise, distributed as an authorized agent of PG SOFT game content. The platform offers Mahjong Ways 1 (classic tempo, beginner-friendly) and Mahjong Ways 2 (enhanced tiered gold symbols, larger multipliers, more frequent free spins) as its core products, delivered via browser-based mobile and desktop access without requiring native app installation, with additional native apps available across iOS, Android, Huawei AppGallery, Windows, and Mac OS. The business runs on a transaction-based revenue model with minimum deposit of Rp 10,000 and minimum withdrawal of Rp 25,000, monetizing through gameplay wagers and platform commissions, and is positioned under a PAGCOR Indonesia license targeting primarily Indonesian online gamblers with extended geographic reach across 31 listed countries.
The company's go-to-market is direct-to-consumer and product-led, leveraging SEO, mobile app store listings, and affiliate/distributor programs for acquisition. Customers are individual casual online gamers, with named testimonial segments composed of verified SMB-class individuals. The platform supports nine payment rails (cards, digital wallets, QRIS, bank transfer) and offers 24/7 customer service. Note: the firmographic record describes Avantmed as a Quito, Ecuador-based health system management firm founded in 2005, which contradicts the website data (online gaming, founded 2014, Indonesia-linked PAGCOR licensing); this analysis is grounded in the more detailed and internally consistent website and structured product data.
Avantmed firmographics
Firmographics- Name
- Avantmed
- Legal name
- MAHJONG
- Website
- https://avantmed.net
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Avantmed operates an online slot gaming platform branded as Mahjong Ways, distributing PG SOFT content under a PAGCOR Indonesia license to individual consumers across 31 listed countries via browser and multi-OS mobile apps.
- Ownership category
- akta.pro rank
Avantmed industry classification
Industry- Product category
- Online Slot Gaming
- NAICS
- Gambling Industries (7132), Other Gambling Industries (713290)
- SIC
- Services-Miscellaneous Amusement & Recreation (7990)
- akta.pro industry
- iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms)Media, Entertainment & Sports/Gambling, Betting & Casinos/Gaming Technology, Platforms & Data (iGaming Platforms, Odds, Risk, KYC)Player Wallets, Escrow & Custodial Account ServicesMedia, Entertainment & Sports/Gambling, Betting & Casinos/Payment Processing & Financial Services for Gaming
Keywords
Where Avantmed is headquartered
LocationHeadquarters
- HQ city
- Quito
- HQ country
- Ecuador
- HQ region
- Latin America
Markets served
Avantmed business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Marketing or Sales, Operations, Personnel, Infrastructure
Revenue model
- Slot Gaming Transactions: Revenue generated from player deposits and gameplay transactions on Mahjong Ways slot games, including minimum deposits of Rp. 10,000 and minimum withdrawals of Rp. 25,000
- Platform Commissions: Platform takes a commission/take rate from player gaming activity and wagers placed on slot games
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Mahjong Ways slot game access |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Avantmed product offering
Product offeringCore offering
Avantmed operates an online slot gaming platform branded MAHJONG / MAHJONG SLOT that offers Mahjong-themed slot games (Mahjong Ways 1 and Mahjong Ways 2) sourced from the PG SOFT game provider. Players register, deposit funds (minimum Rp. 10,000), and play slot games featuring scatter symbols, free spins, and multipliers up to x1000, with withdrawals processed from a minimum of Rp. 25,000 under a PAGCOR Indonesia license.
Product overview
Avantmed operates as an online gaming platform primarily offering Mahjong-themed slot games through the PG SOFT game provider. The core product is Mahjong Ways and its variants (Mahjong Ways 1 and Mahjong Ways 2), which are online slot games featuring scatter symbols, multipliers, and free spin mechanics. The platform targets Indonesian players with minimum deposit requirements of Rp 10,000 and supports 24/7 customer service.
Differentiator
Problem solved
Functional benefit
Brands
- Mahjong Ways 1: Classic gameplay with relaxed tempo and stable win opportunities, suitable for beginners.
- Mahjong Ways 2
Products and services
- Mahjong Ways Mahjong-themed online slot game featuring scatter symbols, multipliers, and free spin features. Includes the Mahjong Ways 1 classic variant with relaxed tempo and stable win opportunities suitable for beginners. Targeted at individual online gaming players.
- Mahjong Ways 2 Enhanced version of the Mahjong Ways slot game with tiered gold symbols, larger win multipliers, and more frequent free spin opportunities compared to the classic variant. Designed for experienced players pursuing maximum wins.
Quantifiable outcome
- High RTP (Return to Player) percentage providing better winning odds compared to standard slot games
- +2 more outcomes
Companies that use Avantmed
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Avantmed technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Avantmed partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- PG SOFTcorePG SOFT is the game provider for Mahjong Ways slot games. Avantmed serves as an authorized agent (Agen) for PG SOFT slot games, offering official game access with provider resmi (official provider) status.
- PAGCOR IndonesiacoreLicensing partner providing regulatory oversight. Platform operates under PAGCOR INDONESIA license, ensuring compliance with Indonesian gaming regulations.
- Payment Providers (VISA, MasterCard, Amex, JCB, PayPal, Apple Pay, G-Pay, QRIS, Bank Transfer)coreMultiple payment method integrations enabling deposit and withdrawal processing including credit cards, digital wallets, and bank transfers for customer transactions.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Avantmed competitors and assessment
Company assessmentDirect peers
- Videoslots: Slot-heavy online casino operator aggregating content from multiple studios. Comparable as a consumer-facing slot platform operating on aggregated third-party studio content with transaction-based revenue.
- Casumo: Multi-jurisdiction online casino with strong mobile and slot focus. Comparable as a mid-scale integrated operator monetizing slots via aggregated content with browser and app channels.
- LeoVegas: Mobile-first online casino operator with strong focus on slot content across multiple jurisdictions. Directly comparable as a multi-brand slot operator serving retail consumers via apps and browser, with rev-share economics rather than proprietary platform ownership.
- Slotomania (Playtika): Largest social slots operator globally. Comparable as a slot-only platform with deep app-store distribution, free-to-play entry, and transaction-based monetization.
- Huuuge Casino: Mobile-focused social/real-money casino games publisher. Comparable as a slot-titles-only operator monetizing via in-app deposits and microtransactions on mobile-first distribution.
Broad incumbents
- Microgaming (Games Global): Largest legacy iGaming content aggregator and platform provider. Comparable as a tier-1 incumbent that defines the agent/studio economics and licensing standards across the value chain Avantmed operates in.
- Pragmatic Play: Tier-1 iGaming content studio publishing hundreds of slot titles globally. Comparable as a counterpart in the agent/studio economic relationship that defines Avantmed's PG SOFT partnership.
- PG SOFT: Mobile-first slot game studio whose Mahjong Ways titles power Avantmed's platform. Directly relevant as Avantmed's sole upstream content supplier and the counterparty that determines product viability.
- Playtech: Largest publicly listed iGaming platform and content provider. Comparable as the incumbent standard-setter for turnkey platform distribution, regulatory compliance, and multi-jurisdiction licensing.
- 888 Holdings: Multi-brand online gambling operator with casino, sport, and poker verticals. Comparable as a regulated, multi-jurisdiction operator illustrating the integrated model Avantmed could evolve toward — or the scale gap it currently faces.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Avantmed social profiles
Digital presenceAvantmed compliance and trust
Trust signalCompliance1 record
Avantmed financial estimates
Financial estimateRevenue estimate
Valuation estimate
Avantmed leadership team
Management profileNumber of profiles
Avantmed funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Avantmed 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 Avantmed
What does Avantmed do?
Avantmed operates an online slot gaming platform branded MAHJONG / MAHJONG SLOT that offers Mahjong-themed slot games (Mahjong Ways 1 and Mahjong Ways 2) sourced from the PG SOFT game provider. Players register, deposit funds (minimum Rp. 10,000), and play slot games featuring scatter symbols, free spins, and multipliers up to x1000, with withdrawals processed from a minimum of Rp. 25,000 under a PAGCOR Indonesia license.
Is Avantmed a public or private company?
Avantmed is a private company. It is classified as unknown and is currently operating.
When was Avantmed founded?
Avantmed was founded in 2014. It employs 101 to 250 people.
Where is Avantmed based?
Avantmed is headquartered in Quito, Ecuador, in the Latin America region.
How does Avantmed make money?
Two revenue lines are on record. Slot Gaming Transactions are the primary driver. The others are platform Commissions.
Who are Avantmed's main competitors?
Direct peers on record are Videoslots, Casumo, LeoVegas, Slotomania (Playtika) and Huuuge Casino. Broad incumbents are Microgaming (Games Global), Pragmatic Play, PG SOFT, Playtech and 888 Holdings.
Does Avantmed have an API?
No public API is recorded for Avantmed.
What industry is Avantmed in?
Avantmed's product category is Online Slot Gaming. Its primary akta.pro industry code is MPAEAKAA, iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms), with a secondary code of MPAEALAK, Player Wallets, Escrow & Custodial Account Services. Its NAICS code is 7132 and its SIC code is 7990.