ELYSIUM Studios

What ELYSIUM Studios does

ELYSIUM Studios AB is a Stockholm-headquartered iGaming studio that develops and licenses online casino slot games to operators worldwide. Founded in 2020-2021 with approximately 5 employees, the studio operates a proprietary Remote Gaming Server (RGS) and produces cross-platform, multilingual slot content that blends mechanics from social, video, and casino gaming. By 2023 the portfolio comprised 18+ distinct titles — including Supa Crew, Fox Tale, Spirit Hunters, Battle of Myths, Sword King, Clash of Heroes, Elysium VIP, Law of Gilgamesh, Lolly Land, Tipsy Charms, Odyssey Hold and Win, Hood and Loot, High Noon Duel, Jekyll and Hyde, Lucky Lads, Dig N Drop, King's Gold, and Spooky Spooky — featuring mechanics such as Hold & Win, Cluster Pays, splitting reels, and video game-inspired bonus features.

The company's business model is B2B slot licensing: games are sold to online casino operators through aggregator platforms (Pariplay Fusion and Relax Gaming's Powered By Relax program) and direct integrations with platform providers including BetConstruct, EveryMatrix, QTech, Flow Gaming, Pronet, DaoTech, and BlueOcean Gaming. Selected operator customers include LeonBet, Pomadorro, Soft2Bet, PariMatch, and 1GameHUB. Pricing is not publicly disclosed and follows standard B2B slot-licensing arrangements. The studio holds multi-jurisdictional gaming certifications — MGA, UKGC, Gibraltar, Isle of Man, Romanian Class IIa (via Maltese subsidiary Maverick Technology Ltd), and eCOGRA approval across ten jurisdictions — plus GDPR compliance.

In January 2024, ELYSIUM Studios was acquired by Swintt Studio, with CEO Sergio Jacob continuing to lead the studio. The deal gave ELYSIUM's titles access to Swintt's global operator network across regulated markets. A separate 2023 partnership with Tangiamo and Abbiati Casino Equipment adapted Dragon Roulette for land-based electronic gaming tables. The company has not raised external funding and has been bootstrapped through its licensing and partnership revenues.

Name

ELYSIUM Studios

Legal name

ELYSIUM Studios AB

Website

https://elysiumstudios.se

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Stockholm-based iGaming studio that develops and licenses cross-platform slot games blending social, video, and casino gaming mechanics to online casino operators worldwide through aggregators like Pariplay and Relax Gaming, now part of Swintt.

Ownership category

akta.pro rank

Product category

iGaming Slot Game Content

NAICS

Other Gambling Industries (713290)

akta.pro primary industry

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

akta.pro secondary industries

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

Keywords

• Online slot games
• IGaming content
• Casino game development
• Remote gaming server
• Slot game aggregation

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Game Licensing to Operators: B2B licensing of proprietary slot games to online casino operators through aggregators and direct integrations
2. Content Distribution via Aggregators: Games distributed through aggregator platforms including Pariplay Fusion, Relax Gaming Powered By Relax program

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

ELYSIUM Studios is a B2B iGaming content studio that designs, develops and licenses online casino slot games to operators. Games run on a proprietary Remote Gaming Server (RGS) and are delivered through aggregator platforms (Pariplay Fusion, Relax Gaming) and direct operator integrations, with mechanics drawn from social, video and casino gaming.

Product overview

ELYSIUM Studios is an iGaming slot game developer that provides outstanding casino slots by mixing gaming patterns and mechanics from social, video, and casino gaming. The company creates unique games that stand out with graphics, animation, and sound quality. The portfolio includes mythological slots (Odyssey Hold and Win, Battle of Myths), action/adventure themes (Hood and Loot, High Noon Duel), classic/VIP themed games (Elysium VIP, King's Gold), horror themes (Jekyll and Hyde, Spooky Spooky), and various themed slots including Irish folklore (Lucky Lads, Tipsy Charms), treasure hunts (Dig N Drop), fantasy (Sword King, Clash of Heroes), candy themes (Lolly Land), and retro gaming (Supa Crew). Games are distributed through integration with multiple gaming aggregators and platforms including Pariplay Fusion, Relax Gaming, BetConstruct, EveryMatrix, QTech, and others. The company operates its own Remote Gaming Server and was acquired by Swintt in January 2024.

Differentiator

Problem solved

Functional benefit

Products and services

• Odyssey Hold and Win Mythological online slot game featuring a Hold & Win mechanic with Athena re-spins that double the grid size, Calypso moving re-spins with extra multipliers, a collector symbol for instant wins, and Free Spins with character powers. Distributed to online casino operators.
• Hood and Loot Cluster-style slot game themed around Robin Hood, featuring Little John Wilds with multipliers, Robin's precision shots, a Unlock The Hoods respin feature, Free Spins, and a risky Extra Win mechanic.
• High Noon Duel Wild West themed slot featuring duel mechanics between Pistol Belle and The Iron Cowboy, with wilds, escalating Free Spins where both shooters fire together for bigger win potential.
• Jekyll and Hyde Horror-themed slot featuring Jekyll and Hyde characters with a Multipliers' Hunt feature, Monster Revealed bonus defeating demons for rewards, and Free Spins.
• Lucky Lads Irish-themed Hold & Win slot featuring mischievous leprechauns, a Wild Respin feature, three Multiplier Wilds to trigger the Hold & Win Bonus, and Lucky Drops that lock and boost multipliers.
• Dig N Drop Fast-paced treasure hunt cluster slot featuring the DIG DIGGITY mechanic, Moving Wilds, bombs, Special Frames, and Free Spins.
• King's Gold Fantasy/royal themed slot featuring treasure chests, enchanted artifacts, glowing gems, and a royal hero wild symbol.
• Spooky Spooky Action slot featuring Fat Reels, Cloning Tiles, multiplying tiles, scalable ways to win from 1,024 up to 4,096, and non-resetting multipliers during Free Spins.
• Battle of Myths Asian-themed slot depicting Tiger vs Dragon mythology with magical battle ground mechanics and mythical creatures, distributed via Relax Gaming's network.
• Elysium VIP Classic-themed slot with a mystical touch, introducing the innovative dance of wilds mechanic on Splitting Reels.
• Law of Gilgamesh Ancient Mesopotamia themed slot featuring heroes, gods and wildlings with legendary Gilgamesh, warrior Enkidu, and goddess Ishtar characters.
• Clash of Heroes Futuristic/sci-fi slot featuring robots, heroes and technology with respins, expanding wilds, and shift reels mechanics.
• Sword King Fantasy-themed slot set in a world of floating islands, villages, castles, ruins and magic monuments with a knight's tale atmosphere.
• Tipsy Charms Irish-themed slot featuring the leprechaun Tipsy, wild multipliers, expanding reels with beer mug symbols, and a Free Spins bonus.
• Lolly Land Candy-themed slot featuring wilds, splitting reels, and waterfalling mechanics with sweet glamour gameplay.
• Supa Crew Retro video game themed slot featuring colorful graphics, a 3x3 mystery symbol, and an interactive multiplier. First certified game from ELYSIUM Studios and the studio's debut title.
• Spirit Hunters Mystical slot featuring spirits and four heroes as Fat Tiles, with a demon mask bonus feature influenced by video game mechanics.
• Wizardz World Slot game set on the battlefield of two wizard factions, featuring mystical atmosphere and magic-based mechanics.
• Dragon Roulette Dragon-themed European roulette game where players bet on symbols, icons and characters (with 6 protected patterns) instead of numbers. Adapted from the online format for land-based electronic gaming tables via a Tangiamo partnership.
• Fox Tale Japanese Kitsune (fox lady) themed slot featuring golden foxes as Expanding Wilds, a Free Spins feature, and a Pick-a-Path treasure scene.

Named customers5 records

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core, minor and strategic.

• SwinttcoreStrategic or Co-development Partner · 29 January 2024ELYSIUM Studios was acquired by Swintt in January 2024. The acquisition enables Swintt to diversify its portfolio and provides ELYSIUM's games access to Swintt's global operator network across regulated markets.
• GambloriumminorGTM or Marketing Partner · 1 July 2023Media partnership where Gamblorium provides marketing coverage for ELYSIUM Studios launches, exclusive features and news to their audience.
• TangiamostrategicStrategic or Co-development Partner · 2 May 2023Partnership for Dragon Roulette - an adaptation of ELYSIUM Studios' game for land-based electronic gaming tables. Unveiled at G2E Singapore. Abbiati Casino Equipment also involved for custom roulette wheel.
• PariplaycoreChannel Partner/ Reseller/ Distributor · 7 March 2023Integration into Pariplay's Fusion aggregator platform. ELYSIUM Studios' games including Spirit Hunters, Sword King, and ELYSIUM VIP added to Pariplay's network of 14,000+ games from 100+ suppliers.
• Relax GamingcoreChannel Partner/ Reseller/ Distributor · 31 August 2022ELYSIUM Studios joined Relax Gaming's Powered By Relax distribution program. Initial titles include Battle of Myths, Wizardz World and Spirit Hunters distributed through Relax Gaming's operator network.
• BetConstructcoreChannel Partner/ Reseller/ DistributorDirect integration for game distribution
• QTechcoreChannel Partner/ Reseller/ DistributorDirect integration for game distribution
• EveryMatrixcoreChannel Partner/ Reseller/ DistributorDirect integration for game distribution
• Flow GamingcoreChannel Partner/ Reseller/ DistributorDirect integration for game distribution
• PronetcoreChannel Partner/ Reseller/ DistributorDirect integration for game distribution
• DaoTechcoreChannel Partner/ Reseller/ DistributorDirect integration for game distribution
• BlueOcean GamingcoreChannel Partner/ Reseller/ DistributorDirect integration for game distribution

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Push Gaming: Slot studio focused on mobile-first, mechanic-rich games distributed via Relax Gaming and other aggregators. Comparable product philosophy and channel strategy.
• Relax Gaming: iGaming aggregator and slot studio running the Powered By Relax distribution program that hosts ELYSIUM's games. Highly comparable business model combining proprietary content with third-party studio distribution.
• Pariplay (NeoGames): Aggregator and slot studio behind the Fusion platform (14,000+ games). Comparable as both a content publisher and a distribution channel hosting ELYSIUM's titles to operators.
• Hacksaw Gaming: Independent mobile-first slot and instant-win studio with proprietary RGS and a distinctive, design-led portfolio. Closely comparable in size, distribution approach, and emphasis on differentiated mechanics.
• Nolimit City: Boutique slot studio known for high-volatility, mechanic-driven games (xMechanics, xBomb, xNudge). Comparable as a smaller differentiated slot publisher distributed through major aggregators.

Broad incumbents

• Play'n GO: Established multi-jurisdictional slot and table game supplier with a broad portfolio distributed through the same global aggregator channels as ELYSIUM.
• Pragmatic Play: One of the largest multi-product iGaming suppliers, with a flagship slot portfolio distributed through the same aggregators. Sets the bar for release cadence, feature variety, and operator prominence that ELYSIUM competes against.
• Evolution (NetEnt/Red Tiger): Largest iGaming content group spanning live casino, slots (NetEnt, Red Tiger) and distribution. Competes with ELYSIUM for operator lobby space and aggregator prominence.
• Swintt: Parent company of ELYSIUM Studios and itself a slot and live casino content provider. Directly comparable as a B2B iGaming studio with its own RGS, licensed across regulated European markets, distributing via the same aggregators.

Regional players

• BetConstruct: Platform provider and aggregator that integrates ELYSIUM's games directly. Comparable as a B2B iGaming platform combining aggregation, sportsbook, and casino content distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Elysium_se
• YouTubeyoutube.com/channel/UCOtnOQrMva6Zxi1q6Tx4m3w
• Facebookfacebook.com/Elysium-Studios-291946475947256
• LinkedInlinkedin.com/company/elysiumstudios
• Instagraminstagram.com/elysiumstudios.se

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 ELYSIUM Studios