RAW iGaming
RAW iGaming is a Malta-based B2B iGaming content provider licensing patented slots, proprietary live casino, arcade games, real-money Yatzy P2P, and progressive jackpot systems to licensed online casino operators across five major regulatory jurisdictions.
- Company typePrivate
- Founded2021
- HeadquartersValletta, Malta
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What RAW iGaming does
RAW iGaming is a Malta-headquartered B2B iGaming content and technology provider, founded in 2021 and operating as part of RAW Group. The company sells exclusively to licensed online casino operators rather than directly to players, licensing a portfolio that spans patented slot games, a proprietary Live Casino, arcade games, peer-to-peer real-money Yatzy, and progressive jackpot systems. Its regulated footprint covers five major gaming jurisdictions — Malta, the UK, Sweden, Denmark, and Ontario — managed through two corporate entities: RAW Operations Limited (Malta) and Xterra Holdings Ltd. (Bahamas).
The company's core platform is the "RAWverse," a unified ecosystem of five game categories connected through RAW Riches, a 4-tier progressive jackpot layer designed to run supplier-agnostically across an operator's entire casino. Technical differentiators include patented slot mechanics (DynamicWays, with SuperSlice and SuperTracks referenced in product branding), the BONUS RUSH game engine that allocates 85–100% of RTP to bonus rounds, Smash Pots rapid-fire jackpot games, and a claimed world's-first real-money peer-to-peer Yatzy product. RAW Group holds ISO/IEC 27001:2022 certification for information security management.
Revenue is generated through B2B game licensing and royalty arrangements with operators, with pricing negotiated on a quote basis and not publicly disclosed. Distribution runs entirely through direct enterprise sales supported by a secure Client Area portal (clients.rawigaming.com) for existing operator partners. Thomas Wood serves as Founder and CEO.
RAW iGaming firmographics
Firmographics- Name
- RAW iGaming
- Legal name
- RAW Operations Limited
- Website
- https://rawigaming.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- RAW iGaming is a Malta-based B2B iGaming content provider licensing patented slots, proprietary live casino, arcade games, real-money Yatzy P2P, and progressive jackpot systems to licensed online casino operators across five major regulatory jurisdictions.
- Ownership category
- akta.pro rank
RAW iGaming industry classification
Industry- Product category
- iGaming software and content
- NAICS
- Gambling Industries (7132)
- akta.pro primary industry
- Online Casino Studios & Game Publishers (Slots, RNG, Live Dealer) (MPAEABAJ)
- akta.pro secondary industries
- Live Dealer Online Casinos (MPAEABAB), iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA)
Keywords
Where RAW iGaming is headquartered
LocationHeadquarters
- HQ city
- Valletta
- HQ country
- Malta
- HQ region
- Europe
Offices2 records
Markets served
RAW iGaming business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- B2B Game Licensing to Casino Operators: RAW Group provides gaming content and technology exclusively to licensed gaming operators. The company licenses its portfolio of patented slots, proprietary live casino games, arcade games, Yatzy P2P, and jackpot systems to online casino operators worldwide.
- RAW Riches Jackpot Integration: Operators integrate the RAW Riches 4-tier progressive jackpot system across their entire casino, regardless of other suppliers. Revenue likely generated through jackpot contribution mechanics and integration fees.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
RAW iGaming product offering
Product offeringCore offering
RAW iGaming develops and licenses a unified online casino content portfolio—called the RAWverse—to licensed gambling operators. Its offering spans five game categories: patented slots, proprietary Live Casino, single-player arcade games, real-money Yatzy P2P, and Smash Pots rapid jackpots, plus the RAW Riches supplier-agnostic 4-tier progressive jackpot system and the BONUS RUSH feature-driven game engine. Distribution is exclusively B2B, integrated into operator platforms across regulated jurisdictions in Europe and North America.
Product overview
RAW iGaming operates as a unified ecosystem called the RAWverse, consisting of five interconnected game categories and multiple proprietary products. The core portfolio includes RAW Riches (4-tier progressive jackpot system), innovative patented Slots, Smash Pots rapid-fire jackpots, proprietary Live Casino, and the world's first real-money Yatzy P2P. Supporting products include Bonus Rush Games (game engine with 85-100% RTP to bonus rounds), single-player Arcade games, and Feature Add-Ons. The ecosystem is designed to be supplier-agnostic, connecting across the entire casino regardless of provider.
Differentiator
Problem solved
Functional benefit
Brands
- RAW Riches: 4-tier progressive jackpot layover system that runs across the entire casino regardless of supplier
- BONUS RUSH
- Smash Pots
- RAWverse
Products and services
- RAW Riches A 4-tier progressive jackpot layover system licensed to licensed online casino operators; operates as a fully embedded experience across an operator's brand that requires only player opt-in and works across games from any supplier.
- BONUS RUSH Games Feature-driven slot game family built around rapid access to bonus action with 85-100% of RTP allocated to bonus rounds, designed for operators seeking feature-led gameplay to attract and retain players.
- Slots A hand-picked portfolio of patented slot games featuring innovative mechanics such as DynamicWays (e.g., 'Ace Caesar DynamicWays Smash Pots'), licensed to online casino operators under the RAW iGaming brand.
- Smash Pots Rapid-firing progressive jackpot games that deliver real, fast-paced wins; positioned as the next evolution of jackpot gaming for licensed online casino operators.
- Live Casino Proprietary live dealer casino experiences with high-stakes innovative features, licensed to online casino operators as part of the RAWverse unified ecosystem.
- Yatzy P2P The world's first real money peer-to-peer Yatzy game, transforming the classic board game into a multiplayer gambling format for licensed online casino operators.
- Arcade Games Single-player arcade and casual games designed to help operators attract new customer segments with a distinct category of entertainment beyond traditional slots and tables.
Companies that use RAW iGaming
Customer profileSegments1 record
Ideal customer profiles1 record
RAW iGaming technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
RAW iGaming partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
RAW iGaming competitors and assessment
Company assessmentDirect peers
- Stakelogic: Stakelogic produces slots and live casino content and operates a progressive jackpot system (Super Stake). It is comparable to RAW iGaming across both game categories and jackpot product architecture.
- Hacksaw Gaming: Hacksaw Gaming is a mobile-first slot and instant-win (scratchcard) studio serving licensed operators in Europe and North America. It is a comparable-sized emerging slot studio targeting similar regulated markets and tier-1/tier-2 operators.
- Pragmatic Play: Pragmatic Play is one of the largest B2B iGaming content studios, producing slots, live casino, bingo, and virtual sports for licensed operators globally. It directly competes with RAW iGaming across slots and live casino verticals and is the closest comparable in terms of product breadth.
- Relax Gaming: Relax Gaming produces proprietary slots and operates a content aggregation platform plus the Dream Drop progressive jackpot system. It is comparable to RAW iGaming both as a slot studio and as an operator of a cross-supplier jackpot network — directly mirroring the RAW Riches approach.
- Push Gaming: Push Gaming is a slot-focused B2B studio with patented mechanics and strong distribution across UK and European regulated markets. It directly compares to RAW on slot-only focus with patented IP and multi-jurisdictional licensing.
- Yggdrasil Gaming: Yggdrasil is a slot and iGaming technology provider offering proprietary games plus the YGG Masters aggregation program. It compares to RAW iGaming on slot IP and proprietary platform/GAME engagement mechanics.
- Nolimit City: Nolimit City is a slot studio known for high-volatility, mechanic-driven games with proprietary features (e.g., xMechanics). It is a direct comparable to RAW's patented slot mechanics approach (SuperSlice, DynamicWays) and serves similar operator customers.
- Play'n GO: Play'n GO is a leading B2B slot and table game studio with strong distribution across regulated European markets. It is directly comparable to RAW iGaming as a multi-jurisdictional slot-focused studio competing for similar operator partnerships.
Broad incumbents
- Evolution AB: Evolution is the dominant live casino provider and parent of NetEnt, Red Tiger, and Big Time Gaming, offering slots, live casino, and game shows. It overlaps with RAW on live casino and slots, and serves as the incumbent benchmark for content studios serving Tier-1 operators.
Emerging players
- ELK Studios: ELK Studios is a smaller slot-focused studio with patented mechanics (e.g., Avalanche, Betting Strategies). It is comparable to RAW as an IP-driven, mid-sized slot studio competing in the same operator slots category.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
RAW iGaming social profiles
Digital presenceRAW iGaming compliance and trust
Trust signalCompliance6 records
RAW iGaming financial estimates
Financial estimateRevenue estimate
Valuation estimate
RAW iGaming leadership team
Management profileNumber of profiles
Profiles1 record
RAW iGaming funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RAW iGaming 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 RAW iGaming
What does RAW iGaming do?
RAW iGaming develops and licenses a unified online casino content portfolio—called the RAWverse—to licensed gambling operators. Its offering spans five game categories: patented slots, proprietary Live Casino, single-player arcade games, real-money Yatzy P2P, and Smash Pots rapid jackpots, plus the RAW Riches supplier-agnostic 4-tier progressive jackpot system and the BONUS RUSH feature-driven game engine. Distribution is exclusively B2B, integrated into operator platforms across regulated jurisdictions in Europe and North America.
Is RAW iGaming a public or private company?
RAW iGaming is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was RAW iGaming founded?
RAW iGaming was founded in 2021. It employs 51 to 100 people.
Where is RAW iGaming based?
RAW iGaming is headquartered in Valletta, Malta, in the Europe region.
How does RAW iGaming make money?
Two revenue lines are on record. B2B Game Licensing to Casino Operators are the primary driver. The others are RAW Riches Jackpot Integration.
Who are RAW iGaming's main competitors?
Direct peers on record are Stakelogic, Hacksaw Gaming, Pragmatic Play, Relax Gaming, Push Gaming, Yggdrasil Gaming, Nolimit City and Play'n GO. Evolution AB is listed as a broad incumbent. ELK Studios is listed as an emerging player.
Does RAW iGaming have an API?
No public API is recorded for RAW iGaming.
What industry is RAW iGaming in?
RAW iGaming's product category is iGaming software and content. Its primary akta.pro industry code is MPAEABAJ, Online Casino Studios & Game Publishers (Slots, RNG, Live Dealer), with a secondary code of MPAEABAB, Live Dealer Online Casinos. Its NAICS code is 7132.