What Peter & Sons does

Peter & Sons (legally Spinart Ltd., Malta-licensed under MGA/CRP/681/2019) is an international iGaming game studio founded in 2019, designing and producing art-driven video slot games, scratch cards, and instant-win games for the licensed online casino market. The studio operates from Yerevan (Armenia), Barcelona (Spain), and Limassol (Cyprus) with a globally distributed team that doubled in headcount during 2025 to over 100 team members. The product platform is built around a proprietary, microservices-based Remote Game Server branded FUSE — featuring a mobile-friendly game client, auto-scalable cloud infrastructure delivering average response times under 100 ms, and an integrated gamification suite (Free Spins, Cash Spins, Cash Quest, Cash Rain, Cash Battle, Cash Pots) — together with hand-drawn art, recurring character IP (notably the Barbarossa saga), and original composed soundtracks. The first spin-out studio Bitpunch operates on the FUSE framework, signaling a deliberate move from single-studio production toward a platform-style portfolio.

Peter & Sons distributes content exclusively through B2B channels: principal aggregator deals with Light & Wonder and EveryMatrix, parallel relationships with SOFTSWISS, Relax Gaming, Yggdrasil, Playtech, IGT, Hub88, GR8_TECH, betConstruct, BRAGG Gaming, Skill On Net, REEVO, and Groove Technologies, plus direct operator partnerships with bet365, BetVictor, Rank Interactive (12 UK brands), Kaizen Gaming / Betano (19 markets), Lottomatica Group, Interwetten, Entain, Solverde, Nordplay, Blixx Gaming, Lotto Baden-Württemberg, and others. This network reaches 1000+ operator brands across 15+ regulated jurisdictions including Malta, UK, Italy, Spain, Germany, Sweden, Denmark, Finland, Greece, Ontario, New Jersey, and Brazil.

The business model is B2B game licensing and royalties on slot/scratch/instant-win content, supplemented by managed-service platform access for partners using the FUSE infrastructure. Pricing is not publicly disclosed. The studio has been organically funded, with no disclosed VC rounds, and has scaled through reinvested cash flow, multi-market licensing milestones, an active event presence (SBC Summit Malta, ICE Barcelona), and a high-volume award profile in 2025-2026 including four MiGEA titles, two SBC Europe titles, the SlotCatalog Game Studio of the Year, and the International Gaming Awards Rising Star.

Name

Peter & Sons

Legal name

Spinart Ltd.

Website

https://peterandsonsgames.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Peter & Sons (Spinart Ltd., Malta) is a B2B iGaming studio producing art-driven slot games, scratch cards, and instant-win titles for online casino operators, distributing content via its proprietary FUSE Remote Game Server to 1000+ operators across 15+ regulated markets.

Ownership category

akta.pro rank

Product category

Online Casino Game Development

NAICS

Other Gambling Industries (713290)

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 Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA), Real-Money Online Casino Operators (RNG Slots & Table Games) (MPAEABAA)

Keywords

• IGaming game studio
• Video slot games
• Remote game server
• Online casino content
• Casino game development

Headquarters

HQ city

Yerevan

HQ country

Armenia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Supply Chain

Revenue model

1. Game Licensing to Operators: Licensing fees and royalties from providing video slots, scratch cards, and instant-win games to online casino operators across regulated markets. Games distributed through aggregators and direct operator partnerships.
2. Platform Services: Providing Remote Game Server infrastructure and gamification tools to B2B partners, including operators using their cloud-ready, mobile-friendly platform.

Go-to-market motion3 records

Distribution channels12 records

Marketing channels5 records

Core offering

Peter & Sons is a B2B iGaming game studio that designs, develops, and licenses art-driven video slot games, scratch cards, and instant-win games to online casino operators and aggregators worldwide. Its portfolio is delivered through a proprietary modular Remote Game Server (RGS) platform with cloud-based infrastructure, gamification tools, and responsible gaming features, and is licensed across more than 15 regulated jurisdictions.

Product overview

Peter & Sons is an international iGaming studio (founded 2019) offering a multi-product portfolio centered on art-driven slot games. Their core offering consists of distinctive video slots (including Soapranos, Roadquake, Barbarossa series, Rust World, Ginger Wins, and others) supplemented by scratch cards and instant-win games. The portfolio is delivered through a proprietary Remote Game Server (RGS) platform with modular microservices architecture, supported by auto-scalable cloud infrastructure. Gamification tools (Free Spins, Cash Spins, Cash Quest, Cash Rain, Cash Battle, Cash Pots) are available as add-on features. The company also operates FUSE, a remote game studio incubation program, with Bitpunch as the first launched studio under this framework.

Differentiator

Problem solved

Functional benefit

Products and services

• Peter & Sons Slot Games Hand-drawn, art-driven video slot games with distinctive visual identity, bold characters, and unique mechanics, licensed to online casino operators and aggregators across regulated markets.
• Scratch Cards

Quantifiable outcome

• Maximum win potential up to 30,000x bet in games like Soapranos
• +2 more outcomes

Named customers28 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature6 records

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Thunderkick: Boutique B2B slot studio with distinctive art direction and a portfolio of regulated-market content. Comparable to Peter & Sons in studio size, creative-led brand, and B2B operator licensing model.
• Hacksaw Gaming: Smaller, fast-scaling iGaming slot and instant-win studio serving regulated markets via aggregators. Closely comparable to Peter & Sons in studio size, art-led differentiation, and regulated-market focus.
• Yggdrasil Gaming: Art-distinguished B2B slot studio with a strong proprietary content identity and aggregation/distribution capabilities. Directly comparable to Peter & Sons in go-to-market (operator + aggregator model) and creative-led positioning.
• Push Gaming: Mid-sized B2B slot studio known for visually distinctive games and broad regulated-market reach. Comparable to Peter & Sons in product philosophy, B2B licensing model, and tier-1 operator partnerships.
• Big Time Gaming: B2B slot studio (acquired by Evolution) known for distinctive mechanics and regulated-market distribution. Comparable in creative differentiation, mechanic-led innovation, and B2B operator licensing.
• Nolimit City: Art-driven, mechanically bold B2B slot studio with strong brand identity, distributed via aggregators. Comparable to Peter & Sons in creative differentiation, dark/character-driven themes, and operator-licensing model.
• ELK Studios: Art-forward B2B slot studio with a defined visual identity and established aggregator distribution. Comparable in studio scale, creative philosophy, and reliance on aggregator-led distribution to regulated operators.
• Relax Gaming: Dual-role B2B aggregator and slot studio serving regulated markets with both proprietary content and third-party distribution. Closely comparable as both a content peer and a distribution channel used by Peter & Sons.

Broad incumbents

• Pragmatic Play: One of the largest multi-product iGaming content suppliers (slots, live casino, bingo, virtual sports). A broad incumbent competing for the same operator shelf space Peter & Sons targets, but with a much wider product portfolio and release cadence.
• Light & Wonder: Global iGaming platform, aggregator, and content owner (incl. multiple acquired studios). A key distribution partner for Peter & Sons and a broader incumbent that both competes with and routes content to operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/peterandsons

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Peter & Sons