Sydney
Big Time Gaming
The Australian studio that invented Megaways and licensed it to much of the industry.
Reference last reviewed 27 October 2026
The companies that design and build the games themselves, principally slots. They are paid a share of the revenue their games generate rather than a licence fee, which is why a studio's commercial fortunes depend on a small number of titles performing across many operators.
| Company | Based in | Founded | Ownership |
|---|---|---|---|
| Big Time Gaming | Sydney | 2011 | Part of Evolution |
| Games Global | Isle of Man | 2022 | Privately held |
| Hacksaw Gaming | Malta | 2018 | Privately held |
| Light & Wonder | Las Vegas | 1973 | Listed in New York and Sydney |
| NetEnt | Stockholm | 1996 | Part of Evolution |
| Nolimit City | Stockholm and Malta | 2014 | Part of Evolution |
| Play'n GO | Växjö, Sweden | 2005 | Privately held |
| Pragmatic Play | Malta and Gibraltar | 2015 | Privately held |
| Push Gaming | London and Malta | 2010 | Privately held |
| Red Tiger | Isle of Man and Malta | 2014 | Part of Evolution |
| Relax Gaming | Malta and Helsinki | 2010 | Part of Kindred Group |
| Thunderkick | Stockholm | 2012 | Privately held |
| Yggdrasil | Malta | 2013 | Privately held |
Sydney
The Australian studio that invented Megaways and licensed it to much of the industry.
Isle of Man
The business that took over Microgaming's content operation, combining a studio network with aggregation.
Malta
A studio that moved from instant-win scratch games into some of the most played high-volatility slots.
Las Vegas
The former Scientific Games, now a cross-channel supplier of land-based machines, online slots and social casino.
Stockholm
The studio that defined the modern online slot, and whose catalogue remains a fixture in every lobby.
Stockholm and Malta
A studio defined by extreme volatility and deliberately uncomfortable themes.
Växjö, Sweden
A Swedish studio that stayed independent and slot-only, with Book of Dead as its signature title.
Malta and Gibraltar
The most widely distributed slot studio of the past decade, with a release schedule far faster than its rivals.
London and Malta
A London studio with a small, carefully built catalogue rather than a high release rate.
Isle of Man and Malta
The studio that popularised the daily must-drop jackpot, a mechanic now used across the industry.
Malta and Helsinki
A studio and aggregator in one, distributing third-party studios alongside its own slots.
Stockholm
A small Stockholm studio known for original art direction rather than licensed themes.
Malta
A studio that turned its own development framework into a product for other studios.