Penguin King
Penguin King — provider review
Hold & Win, money symbols and jackpots: almost every game from the young studio Penguin King is built on these mechanics. It was launched in January 2023 as Octoplay's second studio, and today its partners describe Penguin King as an independent studio.
The studio's first game was the Salmon King slot. According to the company, it builds its games on its own slot engines.
💡 Penguin King facts
- 2023 — studio launched
- More than 70 games according to catalogues
- Main focus — Hold & Win and money symbols
- In-house game engines
History
In three years, the studio has grown from an internal Octoplay project into a brand that is promoted separately and distributed through aggregators such as REEVO. This is our observation, not a statement from the company.
| Date | Event |
|---|---|
| 25 January 2023 | Octoplay announces the launch of its second studio, Penguin King; Salmon King becomes its first game |
| November 2025 | The studio's games go live with US operator Legendz |
| 23 June 2026 | The Penguin King portfolio becomes available through the REEVO aggregator |
| Autumn 2026 | Release of Piggy Bankroll: The Big Stash |
Hold & Win and money symbols
The studio was set up from the start to make cash games — slots where symbols carrying cash prizes play the main role. As a rule, in these slots a special symbol collects the prizes from the money symbols, and in the Hold & Win bonus they lock in place on the reels.
In classic Hold & Win, each new bonus symbol resets the respin counter, and the symbols can carry cash prizes and jackpots. The exact rules depend on the game. According to the company, casinos can add their own jackpots to its games.
Penguin King slots
The studio's homepage features eight games. Three of them are built directly around Hold & Win: Ghostline Express tells the story of a ghost train, Flynn’s Gold Clovers features a leprechaun and golden clovers, and Chonky Kong stars a crowned gorilla with bananas.
Two more games revolve around a robbery: in Piggy Bankroll: The Big Stash, pig robbers run the show, while in Bash the Banana Stash: Vault Smash a monkey faces a rhino police officer by the safe.
The rest of the showcase includes The Fortune Eye with its mystical eye, Triple 5’s: Megacharged with a winking king and Hot Chili Heat: Spicy Hot Pots with a Mexican chef and pots of chilli.
According to catalogues, other games from the studio include Salmon King, Key Master, Super Grand Link Express: Hold & Win, Inferno Rising and 777 Streak: Supercharged!
Who Penguin King suits
Why players love it
- Plenty of games with Hold & Win and money symbols
- Bright themes, from a ghost train to a leprechaun and a gorilla king
- Jackpots that casinos can add to the games
- Story-driven heist slots: Piggy Bankroll: The Big Stash and Bash the Banana Stash: Vault Smash
What to keep in mind
- No information on the provider's licences
- The company website does not list RTP or max wins for its games
⚡ Verdict
Penguin King will suit fans of Hold & Win bonuses and money-collect slots. Start with Chonky Kong: Hold & Win or Ghostline Express: Hold & Win, and if you want a fresh release, try Piggy Bankroll: The Big Stash.
Where to play Penguin King slots
You can explore the provider's games and choose a casino to play at in the slots and casinos sections on GamblingShot.
FAQ
1
When was Penguin King founded?
The studio was launched in January 2023.
2
Does Penguin King have a licence?
There is no information on the provider's licences.
3
How many games does Penguin King have?
According to catalogues, the studio has more than 70 games.
4
Are Penguin King and Octoplay the same company?
Penguin King was created as Octoplay's second studio. Today, partners such as the REEVO aggregator describe it as an independent studio. How the two companies are currently connected has not been officially disclosed.
5
What is Hold & Win?
It is a bonus where special prize symbols lock in place while the other positions respin. In the Penguin King catalogue, games built on it include Chonky Kong, Ghostline Express and Flynn’s Gold Clovers.
Where to play Penguin King slots
Casinos from our catalogue that carry this provider’s games. Always check terms and bonuses on the casino page.
