Industry News
The rise and rise of NoLimit City – the iGaming industry’s bad boy slot developer
NoLimit City could have been just another slot developer, turning out a succession of games in line with the prevailing trends. But where would be the fun in that?
Unlike some other studios which boast that player satisfaction is at the heart of what they do, the team at NoLimit City believe in exceeding player expectations – and it definitely seems to be working. This is a developer that’s seemingly come out of nowhere to become a leading name in the world of online slots gaming – with a taste for the bizarre, the gruesome – and even, some might suggest, the downright distasteful.
Controversial themes
NoLimit City is responsible for creating some of the most controversial slots around, grounded in topics that include mental institutions, lobotomies, cannibalism and violent prisoners. As an example, Karen is a recurring character who made her first appearance in xWays Hoarder xSplit, set in a post-apocalyptic landscape. She cropped up again earlier this year in Karen Maneater – but this is no femme fatale we’re talking about! She’s keeping control of the dystopian world by resorting to cannibalism – descending into themes where most slots developers might be reluctant to tread.
Other popular games include Mental, Punk Toilet and Warrior Graveyard xNudge, all of which are decidedly left field. The developer’s latest release in September 2022 is The Border, which is based on uncomfortable themes of escape, control and aggressive authority. And let’s face it, that’s a far cry from fruit, bells and BAR symbols!
It hasn’t always been this way, although the developer has spent almost a decade steadily building up a reputation for high-quality slots. As recently as the summer of 2019 NoLimit City was launching Hot 4 Cash – a funky, fruity five-reel game with echoes of Starburst – but with an array of features that definitely made it worthy of closer attention. The studio was also responsible for Gaelic Gold and Mayan Magic Wildfire, both of which were medium-volatility slots offering 5 and 10 paylines respectively.
Then something seemed to change, as the games took a leap into previously uncharted territory. Tombstone RIP quickly became a player favourite, taking the typical western slot theme to a darker place. Big players wins are celebrated by a hangman preparing nooses, carefully testing them for weight, then hanging outlaws one by one – heady stuff indeed for modern-day gamers, who like to see a few lynchings and blood spatters served up with their slots action!
Innovative mechanics
Creating slots that appeal to a generation brought up on first-person shooters and horror-themed console games is one thing – delivering up the gaming mechanics that keep a slots fan spinning those reels is another matter. But once again, NoLimit City set out to be different. The team have been busy developing a number of exciting and highly volatile game features, making them incredibly appealing for risk takers and thrill seekers.
San Quentin xWays combines the menacing atmosphere of life in a high-security US male prison with huge winning potential. With help from the NoLimit xWays mechanic, the game offers a top payout of 150,000x, which is absolutely huge. And the potential rewards could be even better with the help of an introductory bonus from one of the newest UK slot sites.
This is a game that’s loved as much by the critics as it is by the players, as it was awarded 2021 Game of the Year status by BigWinBoard and Gaming Intelligence. Quite an achievement for a game featuring a bar of soap on the shower floor if the game doesn’t go your way!
Volatile gameplay and exciting features ensure a thrilling experience on the reels, so these are games with huge player appeal. NoLimit slot themes might be considered distasteful by some, but there’s an appreciative audience that seemingly can’t get enough of them – and that certainly hasn’t gone unnoticed by the big industry players.
NoLimit City is playing with the big boys
In June 2022, Gambling Insider reported that industry powerhouse Evolution Gaming Group has acquired NoLimit City for 340m euros. Coming hot on the heels of Evolution’s buyouts of NetEnt and Big Time Gaming, this only serves to prove just how desirable NoLimit City games have become. According to Evolution’s chairman, Jens von Bahr, they’d been keeping tabs on the creators of Tombstone RIP for some time and were extremely impressed by the new style of games being produced.
Over at iGB, Evolution’s CEO Martin Carlesund was citing the distinctive style of NoLimit City slots as being a major factor in the group’s recent acquisition. He believes that the combination of outstanding graphics, niche themes and innovative mechanics makes these games particularly attractive for advanced players.
That may be true, but by combining innovative slot mechanics with macabre and controversial themes that echo recent PC and console games, such as Silent Hill, it seems that NoLimit City has hit on a winning formula. These games aren’t just attracting experienced slots fans – they’re also drawing in a new audience looking for grittier and darker themes than most players are accustomed to. And NoLimit City seem more than happy to oblige!
And it could turn out to be an excellent long-term strategy too. Recent analysis into the appeal of horror games suggests that even though we’re momentarily scared, we’re drawn to keep returning again and again – which is surely the Holy Grail for any slots developer!
Clearly, Evolution feel that NoLimit City fills a gap in their portfolio, and since this is a major industry player committed to enabling cutting-edge gameplay, there’s no better endorsement. Meanwhile, NoLimit City warns us to expect ‘the unseen and the unexpected’. With upcoming titles including Kenneth Must Die and Dead Canary to look forward to, it’s clear that NoLimit City intends to keep on keeping on.
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Raketech Group Holding Plc announced an agreement to sell the Casumba assets due to regulatory developments affecting its markets.
The transaction, valued at a fixed consideration of EUR 12 million, will be paid in monthly instalments through December 2029, with no upfront cash payment. Under IFRS 9 accounting standards, the deferred consideration has been measured at the fair value of approximately EUR 7 million at closing. The EUR 5 million difference between the fixed consideration and the fair value reflects an element of ongoing credit risk and the extended payment schedule. Any further adjustments will be recognised through the profit and loss account over the payment period, in accordance with IFRS 9 requirements.
The consideration carries an 8% interest rate and will be paid in variable monthly instalments through December 2029.
The sale supports Raketech’s platform-first strategy, focusing on core markets and sustainable growth in iGaming affiliation. The decision to divest Casumba stems from recent regulatory shifts in its markets. This move aims to remove regulatory risks, and redirect capital to Raketech’s leading iGaming affiliation platform, AffiliationCloud.
The Casumba assets generated annualised revenues of approximately EUR 4.0 million with an EBITDA of EUR 2.9 million, based on the Q2 2025 run rate.
Raketech will record a non-cash loss on disposal of approximately EUR 10 million in Q3 2025. This loss primarily arises from the difference between the book value of the Casumba assets and the IFRS 9 fair value of the consideration. The loss on disposal is a one-off, non-recurring loss and will not impact Raketech’s cash flow or operational performance.
The transaction has been signed and closed on 24 September 2025.
Johan Svensson, CEO of Raketech, said: “This sale marks another step in refining our portfolio and concentrating on our core goal of creating the top commercial platform for iGaming affiliation. By divesting Casumba, we eliminate regulatory exposure and unlock resources for growth opportunities. This transaction reflects our dedication to sustainable shareholder value and financial discipline.”
The post Raketech Announces Divestment of Casumba Assets appeared first on European Gaming Industry News.
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Ten years after its quiet debut as a casino listing site, SlotsUp has reintroduced itself with a complete rebuild. What started in 2015 as a basic catalogue of online casinos has evolved into a structured, data-driven product designed around user needs and practical tools that actually help make smarter choices.
For years, SlotsUp relied on the industry-standard model. That formula worked, until it didn’t. So in 2025, the team behind SlotsUp tore it all down.
“We spent years chasing SEO. At some point, it became clear that the balance was off — too much energy went into ranking, and not enough into what players truly needed. That had to change. We shifted toward building a product where clarity, trust, and the user’s perspective always come first,” said a team lead at SlotsUp.
Not Just a Redesign — A New Product
SlotsUp 2.0 introduces a new brand identity, an updated interface and a new core principle: act like a correspondent, not a catalogue. That shift is reflected in a complete rethink of how casinos are added, rated and shown to users. Entry is no longer automatic — each listing must pass through a rigorous system of over 100 internal rules governing data quality, compliance, layout and trustworthiness.
The platform now filters and presents only what matters. Each casino is reviewed through 12 custom-built metrics, including:
Safety Index: Built on 4 criteria, from licensing transparency to user complaint volume.
SlotsUp Rating: A detailed breakdown of license, bonuses, payments, support and responsible gambling tools
Casino Match: A personalised alignment tool based on the user’s region, currency and language.
Radar: A visual chart comparing a game’s win potential against industry averages.
And now there’s Multi Game Mode — a new way to test and compare slots side by side. Players can launch up to four games in demo mode simultaneously, making it easy to spot differences in features, pace and style. It’s a faster, smarter way to find the game that truly fits your preferences.
The result is a real product, not just a database — with tools that respond to where the player is, what they value, and how they play.
From a List to a Real Product
The company’s team of 28+ experts includes writers, developers, designers and gambling professionals. Every review is written or reviewed by individuals who are well-versed in the industry.
Now, every rating is based on a clear system. Information is sorted by what matters to players: safety, fairness, relevance and quality.
SlotsUp 2.0 is built to guide users, not push them. It focuses on clarity, responsibility and smarter choices — one player at a time.
The post SlotsUp 2.0 Launch: Transformed into a User-Centric Product appeared first on European Gaming Industry News.
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Vyking, the next-generation iGaming platform provider, has announced the appointment of João Soares as its new Chief Technology Officer (CTO).
João, a Portuguese native, is a highly accomplished engineering leader with more than a decade of senior experience in the iGaming sector, having held leadership roles at William Hill, BetVictor and White Hat Gaming. In a previous role, João served as Head of Engineering at White Hat Gaming, where he managed 120+ people and spearheaded the transformation of the company’s engineering function. He introduced scalable team structures, mentored managers and technical leads, and embedded Agile methodologies across the business. His leadership was pivotal in turning a flat engineering setup into a high-performing, resilient and delivery-focused organisation.
Prior to that, João spent over five years at BetVictor, where he held senior engineering roles and led the launch of eight native mobile apps across iOS and Android, supporting 60% of the company’s business in the UK, Germany and Asia. He also worked as Development Manager at William Hill, contributing to product and platform initiatives across multiple teams.
Beyond iGaming, João also gained senior leadership exposure in other technology sectors, including roles as Head of Engineering at Vision-Box and as Director of Engineering at Easyship, where he focused on digital transformation, QA implementation and leadership coaching.
João Soares, incoming CTO of Vyking, said: “I am thrilled to be joining Vyking at such an exciting time. The company’s platform vision, which combines flexibility, scalability and true product ownership for operators, is exactly the type of challenge I’m passionate about. My goal is to help accelerate innovation, build high-performing teams and ensure Vyking continues to set new standards for iGaming technology.”
Franz Gerhart, CEO of Vyking, said: “João brings the perfect blend of technical expertise, leadership capability, and proven industry experience. His track record of scaling engineering teams and driving transformation at leading operators will be invaluable as Vyking enters its next phase of growth. I also want to acknowledge Helmut Kleinhans, who has excelled in leading our technology function and is now stepping into a new senior role as Chief Software Architect. This transition reflects his passion for deep technology and innovation, enabling him to focus on advanced engineering across the wider business. Helmut’s impact has been pivotal in positioning Vyking for success, and we are thrilled he will continue to shape our technology future.”
The post Vyking Appoints João Soares as CTO appeared first on European Gaming Industry News.
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