BGaming is an iGaming studio founded in 2018 as a spin-off of SOFTSWISS. It is best known for crypto-friendly casino games, the Elvis Frog character slots, artist tie-ins such as Snoop Dogg Dollars and its Plinko line, and its game pages list a hit rate – and, for slots, a free spins rate – next to the RTP. This review covers the company’s licences, catalogue, data practices and the games we have reviewed.
Company profile
| Item | Details |
|---|---|
| Founded | 2018 (separated from SOFTSWISS in February 2018) |
| Legal entity and HQ | Stable Games Ltd, Valletta, Malta |
| Development studios | Poland and Georgia |
| Team | 350+ people |
| Catalogue | 250+ games |
| Game types | Video slots, Plinko and other casual games |
| Testing labs | BMM Testlabs, iTech Labs, MSECB |
| Currencies | Fiat, crypto and social-casino currencies |
From SOFTSWISS spin-off to independent studio
The studio began inside SOFTSWISS, the casino platform company, and became a separate business in February 2018. It still belongs to the same group but sells its games independently: operators do not need the SOFTSWISS platform to offer them.
The catalogue grew quickly: 70+ games at the end of 2021, 90+ in October 2022, more than 200 by July 2025 and 250+ today. Distribution deals followed the growth – a content partnership with Playtech in January 2025 and an integration with iGP in July 2025.
Licences and certification
BGaming holds a Malta Gaming Authority B2B Critical Gaming Supply licence (MGA/B2B/785/2020, issued on 18 March 2021). It also holds supplier licences or approvals in:
- Curaçao
- Greece – Type A1 Supplier
- Romania – Class II licence, October 2022
- Spain
- Sweden – Spelinspektionen B2B licence, August 2025
A Danish licence is listed as in progress. We found no UK Gambling Commission or Ontario licence, so these games are generally not offered at UK- or Ontario-licensed casinos. Games are tested by BMM Testlabs and iTech Labs, and the studio received Spanish certification from BMM in 2023.
RTP, hit rate and provably fair games
Next to the RTP, the official game pages show a hit rate (one win in N spins) and, for slots with a bonus, a free spins rate (one bonus in N spins). For players this is useful context, because two slots with the same RTP can feel completely different. A few examples:
| Game | RTP | Max win |
|---|---|---|
| Bonanza Billion (2021) | 95.97% | 15,000x |
| Bonanza Trillion (2025) | 97.17% | 5,000x |
| Plinko (2019) | 99% | x1,000 |
| Football Plinko (2025) | 99% | x10,000 |
The studio also offers provably fair games, where a player can verify a round’s outcome with cryptographic hashes after it is played. The company describes itself as the first major iGaming provider to introduce this approach; that is the company’s own claim, and we have not found an independent confirmation of “first”.
How to read BGaming’s game data
The two extra numbers on each game page are easy to misread. Here is how they work, using Bonanza Billion as the example:
- Hit rate 2.59 means one winning spin per 2.59 spins on average – about 38.61% of spins.
- Free spins rate 395 means one bonus per 395 spins on average. Over 1,000 spins that is about 2.5 bonuses, with wide variation around it.
- RTP 95.97% is the long-run return over all spins, base game and bonuses together.
Read together, they describe the shape of a session: how often something happens, how long the wait for the feature is and what the game returns over millions of spins. A slot with a large free spins rate number and a high max win is a long-wait, high-volatility design even if its RTP looks ordinary.
Timeline
| Date | Milestone |
|---|---|
| February 2018 | Separated from SOFTSWISS |
| January 2019 | Plinko released (99% RTP, x1,000) |
| March 2021 | MGA B2B Critical Gaming Supply licence |
| December 2021 | Bonanza Billion, the first tumbling 6×5 slot from the studio |
| October 2022 | Romanian Class II licence |
| 2023 | Spanish certification from BMM Testlabs |
| October 2024 | Snoop Dogg Dollars |
| January 2025 | Plinko 2 (x10,000); content partnership with Playtech |
| June – August 2025 | Football Plinko; iGP integration; Swedish licence |
| September 2025 | Bonanza Trillion |
| September 2026 | Bonanza Billion Merge Up |
Best-known games
- Bonanza Billion – the first tumbling 6×5 slot from the studio and the start of a series that includes Bonanza Trillion and Bonanza Billion Merge Up.
- Elvis Frog in Vegas and Aloha King Elvis – the studio’s Elvis Frog character slots.
- Snoop Dogg Dollars – a licensed slot built around a real artist, released on 30 October 2024 with an RTP of 96.00%.
- Plinko, Plinko 2 and Football Plinko – casual games with a 99% RTP.
Recognition
In 2025 the company won Casino/Slots Developer of the Year at the SBC Awards and Best Game Studio at SiGMA. In 2026 it collected a Great Place to Work award at the International Gaming Awards and a Charity Award at the European iGaming Awards.
Strengths and weaknesses
Strengths
- Game pages list RTP, hit rate and, for slots, free spins rate
- MGA licence plus supplier licences in Greece, Romania, Spain and Sweden
- Provably fair games and full crypto support
- Award-winning studio with 250+ titles
Weaknesses
- No UK Gambling Commission or Ontario licence found
- Some RTPs, such as Bonanza Billion’s 95.97%, are below 96%
- Smaller catalogue than the largest providers
- “First provably fair provider” is a self-claim
How it compares
BGaming is smaller than Pragmatic Play, which has more than 850 video slots (see our Pragmatic Play review). Its strengths are transparency about game maths, crypto support and casual formats such as Plinko.
Verdict
BGaming is a legitimate, MGA-licensed supplier with a clear profile: mid-sized catalogue, strong crypto focus and unusually open game data. The main limitation for players is availability – without a UKGC or Ontario licence, its games appear mostly at casinos licensed in Malta, Curaçao and several EU markets.
Our comparison of 37 of the studio’s games sets their RTP, volatility, max win and bonus frequency side by side, and the guide to its recurring slot features explains terms such as Chance x2, TRUEWAYS and Coin Respin. For a head-to-head with another studio, see our comparison with Hacksaw Gaming.
Frequently asked questions
Is BGaming legit?
Yes. It holds a Malta Gaming Authority B2B licence and supplier licences in Curaçao, Greece, Romania, Spain and Sweden, and its games are tested by BMM Testlabs and iTech Labs.
Who owns BGaming?
The studio separated from SOFTSWISS in 2018 and remains part of the same group. Its legal entity is Stable Games Ltd in Malta.
How large is the catalogue?
The company lists more than 250 games, up from about 70 at the end of 2021.
Are RTP figures published for each game?
Yes. The game pages show the RTP together with a hit rate and, for slots with a bonus, a free spins rate.
Are BGaming games available in the UK?
We found no UK Gambling Commission licence for BGaming, so its games are generally not offered at UK-licensed casinos.
18+. Gamble responsibly – see our responsible gambling page.