Upgaming
Upgaming is a Swiss B2B iGaming platform founded in 2014, running slots, live tables and crash games such as Aero, with content audited by GLI under MGA and Curaçao licensing.
Upgaming's catalogue spans slots, live-style tables and crash titles distributed through licensed operators; this page covers who audits the games and where they run.
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HellSpin is a Curacao-licensed online casino launched in 2022 by TechOptions Group B.V. The platform features more than 3,000 games from leading providers, supports dozens of fiat currencies, offers a dedicated mobile app, and combines a generous welcome package with weekly reloads, tournaments and a 12-level VIP Club.
Upgaming Casinos — Games, Fairness and Where to Play
Upgaming is a business-to-business iGaming platform supplying casino and sportsbook content, game aggregation, white label, and turnkey solutions to licensed operators rather than running its own consumer-facing casino brand. The studio is best known for its aggregation technology and for Aero, a crash game that won Best Crash Game at the SiGMA Europe Awards in 2023, alongside a live betting product recognised at the SBC Awards 2025.
Who Is Upgaming
Upgaming was founded in 2014 and is based in Zug, Switzerland, according to Tracxn's company records and Upgaming's own about-us page, which describes the company as an iGaming solutions provider that has led parts of the market since that year, serving Europe, Latin America, and North America. Upgaming's about-us page also states the company operates through five offices and works with 220+ business partners after ten years in the industry, figures that point to a supply-side business built on partnerships rather than a single retail brand.
Upgaming holds an MGA and Curaçao licensed platform status, and its own schema data lists Curaçao eGaming Commission, the Malta Gaming Authority and the UK Gambling Commission among its licences, with GLI named as an auditor. In-house game development at Upgaming started in 2018, and the company launched a dedicated mini-games studio, Upgames, in 2024. Among the 511 game studios tracked in our catalogue by casino coverage, Upgaming ranks 223rd, sitting inside a wide spread that runs from Hacksaw at 122 casinos down to niche studios such as Jili at a single casino — a position that places Upgaming mid-table rather than among the handful of providers carried almost everywhere.
Games and Signature Mechanics
Upgaming's portfolio, described by the company as 12,000+ titles aggregated from 180+ content providers, mixes in-house development with third-party supply, which means the mechanics a player sees at any one casino depend on which slice of that catalogue the operator has switched on. The studio's own signature output leans toward crash and instant-win mechanics: Aero, its crash game, took the Best Crash Game award at SiGMA Europe 2023, and Upgaming's sportsbook side earned Best Sportsbook Provider at SiGMA Europe 2025 and a Live Betting Product award at the SBC Awards 2025, followed by Best Interactive Sportsbook Experience at SiGMA South America 2026.
The 2024 launch of Upgames, Upgaming's mini-games studio, adds a separate stream of quick-round titles built for casino API integration rather than standalone release, which explains why Upgaming's footprint at any given casino often combines crash-style games, sportsbook markets and mini-games rather than a single slot line.
RTP, Volatility and Fairness
Upgaming does not publish a fixed RTP range across its catalogue in the sources available to us, which is consistent with an aggregation model where RTP is set per title and per content provider rather than by Upgaming itself. What is documented is the audit chain: GLI is listed as an auditor of Upgaming's platform, and the company operates under an MGA and Curaçao licensed platform status, with Curaçao eGaming Commission, the Malta Gaming Authority and the UK Gambling Commission named in its own licensing data. RTP figures should always be read as a theoretical return calculated over a long run of spins, not a short-session guarantee, and volatility describes how streaky results can be rather than how likely a win is on any single round.
Upgaming's payment infrastructure is PCI DSS certified and supports fiat, crypto and bank transfers alongside e-wallets, which is a separate certification from game-fairness audits but relevant to how safely funds move through a casino using this platform.
Where to Play Upgaming Games
The casino list above this text collects operators from our catalogue that carry Upgaming content, including RioBet, Kometa Casino, Xon Bet and Arkada Casino. Of the eight Upgaming-linked casinos in our catalogue with a licence on record, six operate under Curaçao — 75% of this group, against 64% across our catalogue as a whole, which makes Curaçao licensing the norm rather than the exception for operators running this platform. Most of these operators hold a trust tier of 4 and an editorial rating of 4 out of 5, indicating a solid baseline of reliability. Players who prefer a specific regulator, or who want a broader spread of payment rails, can cross-check operators against our licensed casinos hub or narrow by method through pages such as Tether (USDT) casinos. Across these operators, there are 117 active bonuses on offer, with wagering requirements starting at 1x and match bonuses up to 550%, including 51 bonuses with free spins.
- Provider presence — confirm Upgaming titles are actually listed at the specific casino, since aggregated catalogues vary by operator
- Licence — check which regulator covers the casino, not just the platform behind the games
- Region — some Upgaming-linked casinos accept far more countries than others, which affects account access
- Payment method — verify the casino supports the deposit and withdrawal option you plan to use
Common Misconceptions About Upgaming Slots
- "Hot" and "cold" games — no evidence supports the idea that a slot becomes more or less likely to pay after a run of results; each spin is generated independently.
- RTP as a session promise — RTP is a theoretical average over a very large number of rounds, not a percentage a player recovers in any single session.
- One RTP for the whole studio — because Upgaming aggregates content from 180+ providers, the RTP and volatility of any title depends on that specific game, not on Upgaming as a brand.
- Bigger catalogue means better odds — a 12,000-plus title count reflects breadth of supply, not a change to the mathematics of any individual game.
How These Upgaming Casinos Differ
Casinos running Upgaming content in our catalogue are not interchangeable once you look past the shared platform. Country reach varies sharply: WinSpirit accepts players from 240 countries and Hercules Casino and Merlin Casino each accept 224, while Xon Bet accepts only 50 — a gap that matters more than any provider label when checking whether an account will even open.
| Casino | Countries accepted |
|---|---|
| WinSpirit | 240 |
| Hercules Casino | 224 |
| Merlin Casino | 224 |
| RioBet | 206 |
| HellSpin | 197 |
| Xon Bet | 50 |
Track record also splits the group unevenly: RioBet has been operating for 12 years, HellSpin and WinSpirit for 4 each, Merlin Casino and Xon Bet for 2, and Hercules Casino has under a year on record.
| Casino | Years in operation |
|---|---|
| RioBet | 12 |
| HellSpin | 4 |
| WinSpirit | 4 |
| Merlin Casino | 2 |
| Xon Bet | 2 |
| Hercules Casino | 0 |
Read together, the two tables suggest choosing on account reach and history rather than on the Upgaming label itself, since the platform is shared across all of them: a player prioritising a long track record should look toward RioBet, while one needing broad geographic access has more options with WinSpirit, Hercules Casino or Merlin Casino. Ownership is also worth naming: per our records, 2 of the 8 Upgaming-linked casinos in this selection are run under the CatPartners affiliate program, which means those two brands share the same operator group behind separate front-end names.
Verdict on Upgaming
"Upgaming is a supply platform first and a games brand second — the fairness question belongs to GLI's audit and the casino's own licence, not to the Upgaming name alone."
Players looking for crash-style titles such as Aero, or sportsbook markets alongside slots, will find Upgaming's aggregated catalogue useful precisely because it is broad; players who care most about a single studio's house style may find that breadth harder to pin down. Either way, the licence and auditor sitting behind the specific casino — not the Upgaming brand on its own — is what actually governs fairness.
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 →
Update history
- Sep 4, 2026 — Added studio background, licensing/audit facts, Aero game, peer position and casino-differ tables
Upgaming – FAQ
Which casinos offer Upgaming games?
Casinos in our catalogue carrying Upgaming content include RioBet, Kometa Casino, Xon Bet, Arkada Casino, WinSpirit, Merlin Casino and HellSpin, each operating under its own licence rather than one shared by Upgaming as a platform.
Is Upgaming's content audited for fairness?
Upgaming lists GLI as an auditor and operates under an MGA and Curaçao licensed platform status, with Curaçao eGaming Commission, the Malta Gaming Authority and the UK Gambling Commission named among its licences.
What are Upgaming's best-known games?
Upgaming's most recognised title is Aero, a crash game that won Best Crash Game at the SiGMA Europe Awards 2023; the company's broader catalogue also includes sportsbook and live betting products recognised at SiGMA and SBC Awards through 2026.
How does Upgaming compare to other providers by casino coverage?
Among 511 studios tracked in our catalogue by number of casinos carrying them, Upgaming ranks 223rd, placing it well behind Hacksaw at 122 casinos but ahead of smaller niche studios carried by only a handful of operators.
Do Upgaming-powered casinos share the same operator?
Not all of them. Per our records, 2 of the 8 Upgaming-linked casinos in our current selection run under the same affiliate program, CatPartners, while the remaining brands operate independently.
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