Red Tiger on Stake
Red Tiger makes the Megaways versions of Piggy Riches and Gonzo's Quest and a long list of daily jackpot games. NetEnt bought it in 2019, and both have been part of Evolution since December 2020. On Stake it barely registers, with under a million dollars of bets a month across 148 games. Most of them sit a little under 96% RTP there.
- Established
- 2014; operations in Malta, the Isle of Man and Bulgaria, about 170 staff in 2019
- Owner
- Evolution AB, through its 2020 takeover of NetEnt
- Bought by NetEnt
- Announced 5 Sep 2019: about GBP 197M up front, up to GBP 223M with an earn-out payable in 2022
- Megaways
- Licensed from Big Time Gaming in October 2018
- On Stake, month
- 148 games with wagers, $0.81M, rank 158 of 1073
- On Stake, all time
- $128.52M, rank 48
- Website
- redtiger.com
RTP on Stake, Red Tiger against other providers
| Provider | Games checked | Lowest | Median | Weighted by wagers | Games under 96% |
|---|---|---|---|---|---|
| Red Tiger | 100 | 94.38% | 95.75% | 95.78% | 65 |
| Netent | 100 | 93.14% | 96.08% | 96.08% | 6 |
| Big Time Gaming | 67 | 95.64% | 96.48% | 96.10% | 2 |
| Nolimit City | 100 | 95.94% | 96.06% | 96.05% | 4 |
| Pragmatic Play | 100 | 96.00% | 96.52% | 96.86% | 0 |
| Hacksaw Gaming | 100 | 96.14% | 96.28% | 96.34% | 0 |
| Push Gaming | 89 | 94.30% | 96.35% | 96.45% | 1 |
| Relax Gaming | 100 | 95.00% | 96.16% | 96.33% | 4 |
| Thunderkick | 99 | 94.08% | 96.10% | 95.38% | 33 |
| AvatarUX | 100 | 95.50% | 96.02% | 96.14% | 18 |
| BGaming | 100 | 92.90% | 97.00% | 96.83% | 12 |
Calculated by us from bonushunt.gg per-game data: each provider’s top games by wagered (up to 100), month window, snapshot 12 Nov 2026. "Weighted by wagers" gives each game weight by the money bet on it.
Put Red Tiger next to NetEnt, its sister studio, and the gap is easy to miss. A typical NetEnt game on Stake runs at 96.08%, a typical Red Tiger game at 95.75%. Over a few thousand spins it adds up, roughly 4.3 cents kept by the house on every dollar instead of 3.9.
Don't blame Stake for this one. Red Tiger's own game pages print the same figures, 95.71% for Piggy Riches Megaways for example, so that's the number the studio builds to.
redtiger.com spec sheets against Stake
| Game | Released | Early access | RTP on redtiger.com | RTP on Stake | Max win | Hit frequency | Wagered on Stake, all time |
|---|---|---|---|---|---|---|---|
| Piggy Riches Megaways | 22 Jan 2020 | none listed | 95.71% | 95.71% | 10,474x | 37.63% | $5.93M |
| Gonzo's Quest Megaways | 23 Jul 2020 | none listed | 95.77% | 95.77% | 20,972x | 26.25% | $8.21M |
| Dynamite Riches Megaways | 23 Sep 2021 | none listed | 95.75% | 95.75% | 8,185x | 23.59% | $3.26M |
| Rise of Cleopatra | 3 Jul 2025 | none listed | 95.69% | 95.69% | 5,363x | 30.25% | $3.75M |
| Revolvero | 8 Jan 2026 | 9 Dec 2025 | 98.11% | 96.17% | 15,000x | 22.79% | $6.59M |
redtiger.com game pages read 12 Nov 2026. Stake RTP and wagers from bonushunt.gg, same day; all-time = since bonushunt.gg began tracking.
Revolvero goes the other way, and not in your favour. Red Tiger's page says 98.11%, Stake has it at 96.17%. It's a 2026 game with a 500x bonus buy and has already taken $6.59M on Stake, more than any Red Tiger title bar Gonzo's Quest Megaways. Open the help screen and read the RTP line before you press buy.
What still gets played
Piggy Riches Megaways gets the most Red Tiger money there this month, close to $5 a bet, not bad for a game from 2020. Gonzo's Quest Megaways has more spins, but people play it cheap, around 50 cents. If you only know the NetEnt original, this one has the same falling blocks with a top win near 21,000x instead of 2,200x.
For a studio with 148 games on Stake, that's not a lot of action. Big Time Gaming, the people Red Tiger licensed Megaways from back in 2018, pulls in roughly twenty times as much there with less than half the titles.
- Sister studios inside Evolution: NetEnt, Big Time Gaming
- How several RTP settings per game work: RTP versions
- The reel system behind most Red Tiger hits: Megaways explained
Not affiliated with Red Tiger, NetEnt or Evolution. Megaways is a trademark of Big Time Gaming. Game names belong to their owners.
Our game
Pop Parade
A match-3 slot where you swap the stones yourself. Balloons stuck in the stones add to the multiplier, and a full chest starts the bonus round, the March Past. It comes out on 24 November 2026.
Questions
Who owns Red Tiger?
Evolution AB. NetEnt bought Red Tiger in 2019, and Evolution took over NetEnt on 1 December 2020, Red Tiger included.
How much did NetEnt pay for Red Tiger?
About GBP 197 million up front, with up to GBP 23 million more as an earn-out in 2022, so at most GBP 223 million.
What RTP do Red Tiger slots have on Stake?
Mostly a little under 96%. Of the 100 Red Tiger games with the most wagers on Stake, 65 sit below 96%, median 95.75%.
Which Red Tiger game is played most on Stake?
By money in the last month, Piggy Riches Megaways. Across the full tracking period it is Gonzo's Quest Megaways.
Sources
- NetEnt release: NetEnt acquires casino software provider Red Tiger (via Inderes). 5 Sep 2019; established 2014; Malta, Isle of Man, Bulgaria; 170 staff; GBP 197M, max GBP 223M Checked 12 November 2026
- Evolution: year-end report 2020. NetEnt acquisition closed 1 Dec 2020 Checked 12 November 2026
- CasinoBeats: BTG licenses US-patented Megaways to Red Tiger. 8 Oct 2018 Checked 12 November 2026
- Red Tiger game pages. Revolvero 98.11%, 15,000x, 500x buy; Piggy Riches, Gonzo’s Quest, Dynamite Riches Megaways and Rise of Cleopatra as in the table Checked 12 November 2026
- bonushunt.gg provider analytics (Stake slot statistics). Red Tiger and ten other providers: per-game configured RTP and wagers (month and all-time), compared by us Checked 12 November 2026
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