Fantasma Games
Fantasma Games — provider review
Fantasma Games was founded in Stockholm in 2016 by iGaming and video game veterans, and today its slots are offered by more than 200 operators and partners. Since 2024, the studio has been part of EveryMatrix, but it continues to release games under its own brand.
Fantasma's core idea is to make slots the way video games are made: first the world and the characters, then the mechanics. The studio's motto is Slots beyond gambling.
💡 Fantasma Games by the numbers
- Founded: 2016
- City: Stockholm, Sweden
- Operators and partners: more than 200
- Markets: more than 25
- Regulated markets with certified games: more than 20
- Owner: EveryMatrix, since 2024
All figures except the year are according to the company.
History
In eight years, the studio has gone from its first three games to entering the US market and joining one of the major B2B groups. This is our observation, not a claim made by the studio.
| Date | Event |
|---|---|
| 2016 | The studio was founded in Stockholm. |
| 2017 | First three games: Samurai Ken, Spooky 5000 and Super Sumo. |
| 2018 | Three new releases and distribution agreements in regulated European markets. |
| 2019 | Licensed the Megaways mechanic, releasing Flower Fortunes Megaways and Medallion Megaways. |
| 2020 | Release of the RPG slot Heroes Hunt Megaways. |
| 2022 | Certification in its first two US states. |
| 2024 | Release of Gold Pigger and Gold Pigger 2 Royal Snouts, and acquisition of the studio by EveryMatrix. |
| 2026 | Launches with ATG Casino in Sweden, Betsson Group and Bally's Intralot in the UK. |
Licences
No separate licences in Fantasma Games' own name are listed. The studio's games are distributed under EveryMatrix's licences.
| Regulator | Number | Licensee |
|---|---|---|
| Malta Gaming Authority | MGA/B2B/201/2011 | EveryMatrix Software Limited |
| UK Gambling Commission | Account number 39383 | EveryMatrix Software Limited |
According to the studio, its games are certified in 17 European countries, in Georgia, Colombia and Peru, in the Canadian provinces of Alberta and Ontario, and in five US states: Connecticut, Michigan, New Jersey, Pennsylvania and West Virginia.
The studio's approach
Fantasma calls itself not a "slot factory" but a creative studio. Work on a game starts with the world and characters with personality, and the mechanics are chosen to fit the story. The studio thinks about animation from the very first frame rather than adding it at the end. All games are designed primarily for smartphones and are comfortable to play with one hand.
Fantasma Games slots
All three games below were released in September 2026, and each comes in three RTP versions: around 96%, 94% and 92%. Bets in all three range from €0.10 to €3,000. But volatility differs: Miner Moles is noticeably riskier than the other two.
| Slot | RTP | Volatility | Grid | Max win | Release date |
|---|---|---|---|---|---|
| Miner Moles | 96.33% / 94.10% / 92.10% | very high | 6×5, pay anywhere | 15,000x | 3 September 2026 |
| Midas Hype House | 96.50% / 94.50% / 92.50% | medium | 4-3-3-3-4, 432 ways | not specified | 17 September 2026 |
| Zeus Power Partners | 96.22% / 94.22% / 92.23% | medium | 3-4-5-4-3, 720 ways | not specified | 24 September 2026 |
Miner Moles is a slot about mischievous mining moles on a 6×5 grid with pay-anywhere wins. Every gem cracked open doubles the multiplier, all the way up to 1024x. Players dodge bombs and chase runaway carts. The game features symbol collection, free spins, wilds and a bonus buy. Volatility is very high, and the max win is 15,000x.
Midas Hype House is a slot about a celebrity mansion on Mount Olympus, where mythical creatures chase fame and gold. Its 4-3-3-3-4 grid gives 432 ways to win. The game features symbol collection, fixed prize pots, free spins, respins and multipliers. Volatility is medium.
Zeus Power Partners is a Zeus-themed slot on a 3-4-5-4-3 grid with 720 ways to win. The Collect feature gathers golden coins from the reels. Three boosts — Boost, Expand and Jackpot — can appear in seven different combinations: Boost increases the win, Expand adds positions to the grid, and Jackpot awards fixed prizes. Volatility is medium.
Other games from the studio include the new Zoo Busters (October 2026), Gold Pigger, Gold Pigger 2 Royal Snouts, Heroes Hunt Megaways, Flower Fortunes Megaways and Cookie Kingdom 1000.
Who Fantasma Games suits
Why players love it
- Slots built like video games: their own world, characters and animation
- A multiplier of up to 1024x and wins of up to 15,000x in Miner Moles
- Seven bonus combinations in Zeus Power Partners
- Games designed for smartphones and comfortable to play with one hand
What to keep in mind
- Games come in versions with an RTP of around 92%
⚡ Verdict
Fantasma Games suits players who value a well-built world, characters and animation in slots. Risk-takers should take a look at Miner Moles with its very high volatility, while Midas Hype House and Zeus Power Partners offer steadier play. If you want something in between, try Zeus Power Partners: its seven bonus combinations make every session a little different.
Where to play Fantasma Games slots
You can explore the provider's games and choose a casino to play at in the slots and casino sections on GamblingShot.
FAQ
1
When was Fantasma Games founded?
The studio was founded in 2016 in Stockholm and released its first games in 2017.
2
Does Fantasma Games have a licence?
No separate licences in the studio's own name are listed. Its games are distributed under EveryMatrix's licences from the Malta Gaming Authority and the UK Gambling Commission and are certified in more than 20 regulated markets.
3
How many games does Fantasma Games have?
The studio does not publish an exact game count. Its slots include Miner Moles, Gold Pigger, Heroes Hunt Megaways and Flower Fortunes Megaways.
4
How is Fantasma Games related to EveryMatrix?
EveryMatrix acquired the studio in 2024. Fantasma continues to release games under its own brand, while their distribution runs through EveryMatrix's infrastructure.
5
Which Fantasma Games slot offers the biggest win?
Among the games in this review, Miner Moles leads with a max win of 15,000x.
Where to play Fantasma Games slots
Casinos from our catalogue that carry this provider’s games. Always check terms and bonuses on the casino page.
