DEGEN Studios
DEGEN Studios is a high-volatility slot developer founded in 2025, distributed via Yggdrasil’s YGG Masters program (MGA) and Gaming Corps’ UKGC-approved RGS, with titles like Hacker’s Haven and Raider Riches.
Its catalogue of roughly nine slots favors fewer, harder-hitting releases over volume, built around a self-described philosophy of bold, player-first mechanics rather than a broad game library.


- Tobique Gaming Commission licence requires KYC and fund segregation
- Native Android and iOS apps built for mobile-first casino play
- 13,800+ games listed across more than 100 software providers
SpinsUp is a 2024 crypto-friendly casino licensed by the Tobique Gaming Commission, offering 13,800+ games and payouts within 72 hours.

- Dual licence: Tobique and Anjouan
- Welcome offer worth up to €5,000 & 300 free spins
- Native Android and iOS apps
Fortune Play is a 2024 casino licensed by Tobique and Anjouan, offering a €5,000 + 300 FS welcome package and 72-hour payouts.
- Welcome offer spans 4 deposits: up to €2,500 + 150 FS
- Native iOS and Android apps
- Daily cashback reaches up to 20%
Spinjo is a 2024-launched casino offering a 425% welcome bonus and 72-hour payouts, though independent reviews flag withdrawal complaints.

- Daily, weekly and monthly cashback
- 13,400 slots from 160+ game studios
- Generous 4-deposit welcome pack
PlayMojo is a Kahnawake-licensed casino launched in 2024 with about 13,400 slots, a four-deposit welcome package, and 72-hour payout targets.
DEGEN Studios Casinos — Games, Fairness and Where to Play
DEGEN Studios is a slot developer that describes itself, on its own website, as a high-volatility casino games creator building bold, player-first slots that hit harder and play differently. The studio does not run its own licensing chain; instead it distributes through Yggdrasil Gaming's YGG Masters program, which places partner titles inside casinos that already carry Yggdrasil's certification and technical integration.
DEGEN Studios ranks 294nd of 512 providers tracked in our catalogue by the number of casinos carrying its games. On that scale Hacksaw sits at the top with 127 casinos offering its titles, while a studio like Jili anchors the bottom with a single casino, and DEGEN Studios currently sits closer to that lower end, with four casinos in our catalogue confirmed to carry its games — a range shared with peers such as Kendoo Games and Mplay, also at four apiece.
Who Is DEGEN Studios
DEGEN Studios was founded in 2025 and is registered in the United States, in California, according to the studio's own site data. It operates under Yggdrasil Gaming's YGG Masters incubation program, which supplies smaller studios with distribution, RNG certification and casino integrations rather than requiring each partner to build a separate licensing infrastructure from the ground up.
Danny Gordon holds the role of Head of Studio at DEGEN Studios. In a January 2026 statement, Gordon described the design thinking behind one of the studio's releases as built around momentum rather than static paytable structures, a framing consistent with the studio's stated focus on high-volatility mechanics.
DEGEN Studios Games and Signature Mechanics
DEGEN Studios builds slot games exclusively; the studio has not released live-dealer or table products. Its catalogue runs to roughly nine titles, according to industry trackers, including Hacker's Haven, Raider Riches, Wild Gangs, Rave Riot, Sunset Showdown, Zoomania, Vendetta Fury, Penalty Pro and 88 Treasures. That is a compact lineup compared with providers carrying hundreds of releases, which means players looking for DEGEN Studios specifically are looking for a narrow, curated set rather than a sprawling library.
The studio's content is served into Brazil, the United Kingdom, Malta and Sweden, according to its own site data. That footprint lines up with the two licensing routes behind its distribution — a Malta-facing chain through Yggdrasil and a UK-facing chain through Gaming Corps — rather than a single global rollout.
RTP, Volatility and Fairness of DEGEN Studios Slots
DEGEN Studios positions its entire output as high-volatility, meaning wins are structured to be less frequent but potentially larger when they land, rather than steady, small returns. That is a risk profile, not a promise: over any single session outcomes can run well above or below the long-run theoretical return, and volatility describes the shape of that variance, not a guaranteed result.
No independent RTP figures for individual DEGEN Studios titles are published in the sources reviewed for this page, so exact percentages are not stated here. What is documented is the licensing route: DEGEN Studios content reaches regulated markets through Yggdrasil's MGA-linked YGG Masters program and through Gaming Corps' UKGC-approved remote gaming server, both of which carry their own certification obligations for the games they distribute.
DEGEN Studios does not hold its own standalone MGA or UKGC license; its games reach those markets through Yggdrasil's YGG Masters program and through Gaming Corps' RGS approval, respectively. That distinction matters when judging which entity is directly accountable for certification.
Where to Play DEGEN Studios Games
The casino list above this text shows operators in our catalogue that currently carry DEGEN Studios games. Among them, SpinsUp and Fortune Play both hold licenses from the Anjouan Gaming Authority. In this selection, casinos operate under Anjouan and Tobique licenses.
- Provider presence — confirm DEGEN Studios titles are actually listed in the casino's live lobby, not just its provider directory
- Casino license — check whether the operator holds an Anjouan, Tobique or another jurisdiction's license and what that means for dispute handling
- Region availability — DEGEN Studios content is served into Brazil, the UK, Malta and Sweden; availability elsewhere can vary by casino
- Demo mode — verify whether the casino offers a free-play version before wagering real funds on a high-volatility title
For players who prefer to fund play with cryptocurrency, Tether (USDT) casinos are one route worth checking against a specific operator's payment list, alongside browsing the broader casino directory for other providers carrying similar high-volatility slots.
Common Misconceptions About DEGEN Studios Slots
- "Hot" or "cold" machines — a slot's random number generator does not track how recently it paid out; each spin is an independent event, regardless of a game's short-term history.
- High volatility means frequent big wins — it means the opposite of frequent: payouts are structured to be less common but larger, with longer stretches producing no return.
- RTP guarantees a personal outcome — theoretical return figures apply over very large sample sizes, not to a single session, so a stated percentage does not predict what one player will see in one sitting.
- A studio's small catalogue means untested software — a compact lineup, like DEGEN Studios' roughly nine titles, reflects a young studio rather than a quality signal on its own.
Verdict on DEGEN Studios
"DEGEN Studios is a young, narrowly focused high-volatility slot developer whose games reach players through Yggdrasil's and Gaming Corps' licensing infrastructure rather than its own."
DEGEN Studios suits players who specifically want high-volatility slot mechanics and are comfortable with a small, curated catalogue rather than a large one. Players who prioritize a wide game selection or lower-variance play may find the studio's current lineup, at roughly nine titles across four casinos in our catalogue, too limited for now. As with any high-volatility product, the honest framing is variance, not a promise of larger wins.
Gambling is entertainment, not a way to make money or fix finances. Set deposit and time limits, take regular breaks, and use self-exclusion tools if play stops feeling like fun. Licensed operators provide these tools — using them is a sign of control, not weakness. Learn more on Responsible Gambling →
DEGEN Studios – FAQ
In which casinos can I play DEGEN Studios games?
DEGEN Studios games appear in a small number of casinos in our catalogue, including SpinsUp and Fortune Play, both licensed by the Anjouan Gaming Authority; the full current selection is listed above this article.
What is the typical RTP of DEGEN Studios slots?
No independent per-game RTP figures for DEGEN Studios titles are published in the sources reviewed; the studio describes its games as high-volatility, meaning larger but less frequent wins rather than a specific return percentage.
Are DEGEN Studios games fair, and who audits them?
DEGEN Studios does not hold its own standalone gaming license; its content reaches regulated markets through Yggdrasil Gaming's MGA-linked YGG Masters program and through Gaming Corps' UKGC-approved remote gaming server, both of which carry certification obligations for distributed titles.
What are DEGEN Studios' most notable games?
The studio's catalogue includes titles such as Hacker's Haven, Raider Riches, Wild Gangs, Rave Riot, Sunset Showdown, Zoomania, Vendetta Fury, Penalty Pro and 88 Treasures, according to industry trackers.
How does DEGEN Studios differ from larger slot providers?
DEGEN Studios was founded in 2025 with a compact catalogue of roughly nine titles and reaches casinos through Yggdrasil's YGG Masters distribution program, unlike established providers that hold direct licenses and operate far larger libraries.
Update history
- Sep 15, 2026 — Selection count updated to 127
- Sep 11, 2026 — Covered studio background, licensing route via Yggdrasil and Gaming Corps, notable games, volatility and where to play










