Relax Gaming Review
7.5/10Curated casino aggregation from an FDJ United subsidiary: about 4,000 hand-picked games from 70+ partner studios, 100+ of its own titles led by the Money Train franchise, and the Dream Drop cross-operator jackpot network, all behind one API.
Our read
About 4,000 curated titles from 70+ studios plus a 100-strong own catalog led by Money Train. No live dealer, and crash only arrived via Aviatrix in May 2025.
One API opens the full portfolio, and the Apex layer collapses per-game market verification into a single pass. No public docs, sandbox or stated integration timeline.
Eleven B2B licenses across three entities and a clean UKGC record would rate a 9. The November 2025 Anjouan B2B license episode, taken quietly and scrubbed from the site after press exposure, costs the point.
Sixteen years of operation, zero regulatory actions, verifiable tier-1 clients and tenures like Unibet since 2014. Ownership is transparent all the way up to a listed parent.
Nothing is public: no pricing, no rate cards, no SLA, and no revenue figures since FY2023. The scrubbed Anjouan license page did this category no favors.
Relax Rush covers tournaments and cash drops, Dream Drop adds a network jackpot at no reseed cost, and regulatory support is part of the pitch. Support SLAs are unpublished.
Methodology. Our own score, a weighted average of six dimensions, tilted toward content library and compliance. The grade starts from the curated-catalog thesis, 4,000 games chosen over 20,000 in bulk, and asks whether the rest of the operation backs that choice up. Licensing, trust and tooling are scored from the UKGC register, the vendor's license page and dated press coverage, including the February 2026 Anjouan reporting. Commercial opacity caps the score, since a buyer gets no pricing, no SLA and no financials newer than FY2023. Read the full methodology
- Curated model with an actual quality bar: about 4,000 games from 70+ studios picked by hand, against open feeds several times the size.
- The own studio carries the catalog. 100+ titles including the Money Train franchise, one of the most recognizable slot series of the past decade.
- Dream Drop is a true cross-operator jackpot network: roughly EUR 280M paid out since May 2022, 30 Mega winners by mid-2026, and Relax covers all reseed fees.
- Clean regulated record. Zero UKGC actions across two entities since 2014, eleven B2B licenses, and a live US aggregation platform in NJ and PA since June 2026.
- Financially anchored by FDJ United, a listed group with the French state behind it, with last-disclosed B2B revenue up 49.6% to GBP 38.6M in FY2023.
- The Anjouan episode. In November 2025 Relax took a B2B license from Anjouan, an offshore hub serving largely crypto and grey-market operators. After Le Monde exposed it in February 2026, the company removed the references from its site without saying whether the license was surrendered.
- Channel conflict at the top. Parent FDJ United owns Unibet, 32Red, Maria Casino and bingo.com, direct competitors of the operators Relax supplies, and critics have publicly argued for divestment.
- Pricing is fully opaque. No rate cards, setup fees, minimums or even a pricing-model page exist anywhere public.
- The catalog is small if you want bulk. About 4,000 games is a fraction of what open aggregators carry, and there is no live dealer line.
- Financial disclosure stopped at FY2023. Since the FDJ takeover, no Relax-specific revenue or profit figures have been published.
Regulated-market operators in Europe, Ontario and the US that want a quality-screened catalog with a network jackpot on top instead of a 20,000-game feed to sift through. Also studios weighing the two partner routes: Powered By Relax to keep commercial independence, Silver Bullet for full commercial representation.
Operators who buy on catalog breadth, need live dealer from one contract, or want published pricing before the first call. Crypto-first brands have no marketed route in, and buyers uneasy about a supplier owned by a competing operator group should weigh the FDJ United connection carefully.
Markets & licensing
Relax Gaming holds eleven B2B licenses across two European entities and a US subsidiary, with a UKGC record clean since 2014. The one blemish sits offshore: an Anjouan B2B license taken in November 2025 and quietly removed from the company's website after Le Monde reported on it in February 2026.
Licensed as an interactive gaming manufacturer in Pennsylvania (PGCB license 158634-1) and supplying New Jersey under a DGE transactional waiver obtained in December 2023, when its own titles went live with BetMGM Casino. On June 10, 2026 the company switched on its full aggregation platform in both states under the RLX Gaming brand, with ReelPlay as the first partner studio and more states planned.
Two entities hold current UKGC licenses: Relax Gaming Limited (account 37462), licensed for remote casino since November 2014 and gambling software since March 2015, and Relax Gaming (Gibraltar) Limited (account 57758), licensed since March 2021. Both were active with zero regulatory actions when we checked the register in July 2026. The February 2026 license noise concerned Anjouan, not the UK.
- Malta (MGA)Malta
- Critical Gaming Supply (B2B) · Relax Gaming Ltd · MGA/B2B/246/2013
- UK (UKGC)United Kingdom
- Remote gambling software, casino, bingo · Relax Gaming Ltd · acct 37462 · active since Nov 2014
- UK (UKGC), second entityUnited Kingdom
- Remote gambling software + game host (casino) · Relax Gaming (Gibraltar) Ltd · acct 57758 · active since Mar 2021
- Gibraltar (GGC)Gibraltar
- Remote B2B gaming operator · Relax Gaming (Gibraltar) Ltd · license #124
- Sweden (SGA)Sweden
- Gambling software permit · Relax Gaming Ltd · 23Si636
- Denmark (DGA)Denmark
- Game supplier license · Relax Gaming (Gibraltar) Ltd · J.nr. 24-437169
- Romania (ONJN)Romania
- Class 2A licenses · Relax Gaming Ltd · #1121 and #1130
- Greece (HGC)Greece
- Manufacturer Suitability Licence, Type A1 · Relax Gaming Ltd · HGC-000099-MN
- Ontario (AGCO)Canada (Ontario)
- Gaming-Related Supplier (Manufacturer) · Relax Gaming Ltd · GRSM1236604
- US-PA (PGCB)United States (Pennsylvania)
- Interactive Gaming Manufacturer · Relax Gaming North America LLC · 158634-1
- US-NJ (DGE waiver)United States (New Jersey)
- Vendor transactional waiver, not a full license · Obtained Dec 2023 under the RLX Gaming brand
- Peru (MINCETUR)Peru
- Provider of Linked Services · Relax Gaming (Gibraltar) Ltd · PSV0073
Licensing tier: Tier-1 European coverage with a young US footprint. The asterisk is Anjouan: a B2B license taken there in November 2025 to supply Anjouan-licensed operators, revealed by Le Monde in February 2026, then scrubbed from the company's license page. Whether it was surrendered or only de-listed is unconfirmed, and no regulator has acted.
US aggregation went live on June 10, 2026 in New Jersey and Pennsylvania with more states planned. Ontario has been live since 2022, and entry into Brazil and Peru was announced in February 2025.
No restricted-territories list is published. FDJ United told Le Monde that Relax runs a restricted-territories policy and audits its operator customers, but the list itself stays private.
Casino content
The catalog at a glance: its size, the game types on offer, the jackpot model, and whether the provider builds its own titles or aggregates third-party studios.
From content only, to an operator-configurable platform engine, to a cross-operator network.
Integrations & engineering
One contract and one API instead of a separate deal per studio, feed, or PSP. Here's what connects, how fast, and on what stack.
One integration reaches the whole catalog: Relax's own titles, Powered By and Silver Bullet studio content, the Aviatrix crash game, Dream Drop jackpots and Relax Rush promotions. The wallet model is seamless (the operator holds funds while Relax debits and credits in real time), per integration partners' descriptions, with no published spec. Apex is the engineering argument: one common front-end and compliance overlay across all content, so per-market verification happens once instead of 2,000+ times game by game. Technical documentation is private and shared after commercial contact.
Not published. No public sandbox or developer portal exists, so timelines surface only after commercial contact.
Products & tools
Everything Relax sells reduces to an own studio, two partner programs and one jackpot network, wired together by the Apex aggregation layer.
Relax Apex Aggregation
The aggregation core: a single API into about 4,000 games from Relax's own studio and 70+ partner studios, with the Apex layer running compliance and QA once per market instead of once per game.
- 4,000+ games through one integration
- 70+ partner studios across two partner programs
- One common front-end layer over all content
- Cuts 2,000+ game-by-game verification procedures to one per market
- Per-market compliance overlay
- Promo tools reach the entire partner portfolio
Own-Studio Games
Relax's in-house studio, building since around 2018: 100+ titles led by the Money Train franchise, Temple Tumble and Bill & Coin, using Megaways, Infinity Reels and cluster mechanics.
- 100+ proprietary titles
- Money Train 1-4 plus Money Train Origins Dream Drop
- Temple Tumble, Bill & Coin, The Great Pigsby, Epic Joker
- Megaways, Infinity Reels and cluster mechanics
- Money Train series: 3B+ game rounds and 10+ awards since 2019
- Money Train 4 (Sept 2023) caps the line at a 150,000x max win
- First titles live in the US with BetMGM (Dec 2023)
Dream Drop Jackpots
A progressive jackpot network running across operators since May 2022, with roughly EUR 280M paid out by February 2026 and 30 Mega winners by mid-2026. Relax covers all reseed fees.
- Six progressive jackpot tiers from the Daily up to the Mega
- Mega pots seed at EUR 1.5M to 2M
- Daily jackpot must drop three times a day
- Minimum 75% reseed, funded by Relax
- Wins recorded at Paf, bet365 and other operators
- Record single win of about EUR 2.98M
- 30 Mega winners across 50+ Dream Drop titles by mid-2026
- Titles come from six studios, including Four Leaf Gaming's Temple Rush
- Base-game jackpot triggers debuted in Cod of Thunder (March 2026)
Relax Vantage
The self-service business portal launched in August 2024: operators browse the catalog with market-relevant configurations, pull financial reports across markets, file compliance requests and manage contracts and term sheets in one dashboard.
- Game browser with market-relevant configurations
- Analytical reports on financial results across all markets
- Legal and compliance requests handled in-dashboard
- Contracts and term sheets in one place
- Studios present portfolios and track performance stats
- Rolled out across all jurisdictions after beta testing
Platform & capabilities
The feature set: what's built in. Capabilities light up when present. Anything not shown isn't offered or isn't disclosed.
Crypto maturity
The graded capability operators check first, pulled out of the matrix.
On the record
The history that matters: the milestones, the scale, the awards, and who runs it.
Founded in Helsinki in March 2010 by Patrik Österåker and Jani Tekoniemi as a technical supplier, building Unibet's poker platform in 2014 and a bingo product in 2015 before its own slots broke out around 2018 with Temple Tumble. Kindred Group, an investor since 2013, bought the company outright on October 1, 2021 at an enterprise value of about EUR 320M. FDJ then acquired Kindred for EUR 2.45bn in October 2024 and renamed the group FDJ United in March 2025, which is where Relax sits today, headquartered in Sliema, Malta.
Brands & clients on the platform
Corporate
Leadership
Milestones
- 2010
Founded in Helsinki by Patrik Österåker and Jani Tekoniemi as a B2B technical supplier, with poker and bingo as the first products.
- 2021
Kindred Group completes its 100% acquisition at an enterprise value of about EUR 320M, after holding a stake since 2013.
- 2022
Dream Drop cross-operator jackpot network and the Relax Rush promo suite launch, and content goes live in Ontario.
- 2023
US debut in December: proprietary titles on BetMGM Casino in New Jersey under a DGE transactional waiver.
- 2024
Martin Stålros becomes CEO in April, the Relax Vantage self-service portal launches in August, and FDJ completes its EUR 2.45bn takeover of Kindred in October.
- 2026
Le Monde reveals the November 2025 Anjouan B2B license in February, and the RLX Gaming aggregation platform goes live in NJ and PA on June 10.
Where they're pushing next
- United States (NJ and PA live, more states planned)
- Brazil and Peru (entry announced Feb 2025)
- Ontario (live since 2022)
Awards & recognition
Trust signals
The checks an operator runs before signing: incidents, enforcement, ownership, and longevity, from our research.
- Grey-market exposure
Relax Gaming vs alternatives
The same attributes, side by side, from our normalized provider set, useful for seeing where this vendor fits against its peers.
| Attribute | Relax Gaming | Fusion (Pariplay) | Bragg |
|---|---|---|---|
| Founded | 2010 | 2010 | 2018 |
| Team | 300+ | 1,800+ | 400+ |
| Games | 4,000+ | 14,000+ | 15,000+ |
| Game studios | 70+ | 150+ | 120+ |
| In-house studio | Hybrid | Hybrid | Hybrid |
| Licenses | UKGC, MGA, Gibraltar +8 | Gibraltar, MGA, UKGC +12 | UKGC, MGA, Gibraltar +15 |
| US market | Available | Available | Available |
| Pricing | On request | On request | On request |
The take: Fusion (Pariplay) and Bragg sell the same hybrid pitch of own-studio content plus third-party distribution through one API. Relax's case against both is curation plus network effects: a hand-picked 70-studio catalog, the Dream Drop jackpot network at no reseed cost to the operator, and a UKGC record clean since 2014. It concedes ground on breadth, with about 4,000 games and no live dealer, and on transparency, where opaque pricing and the scrubbed Anjouan page invite harder due-diligence questions. Operators buying on catalog size alone will find all three beaten by open bulk aggregators.
Pricing & terms
Relax Gaming keeps its numbers off the record: pricing is quoted per deal, under NDA. Below is what's public about the model and terms.
Standard aggregator revenue share on game GGR, negotiated per deal, with no Relax-specific rates published. On the studio side, Powered By partners keep commercial independence and set their own operator terms, while Silver Bullet studios get Relax's commercial representation plus compliance and legal support. Dream Drop reseed fees are covered by Relax, so operators run the network jackpot at no reseed cost.
Nothing about operator pricing is public. The only disclosed commercial facts: Relax covers all Dream Drop reseed fees, Silver Bullet pitches studios 'no hidden costs' with all-inclusive services, and Powered By partners set their own operator terms. The last disclosed financials date to FY2023 under Kindred, with external B2B revenue of GBP 38.6M, up 49.6%. Expect a negotiated GGR revenue share with tiering by volume.
The aggregation deal
Integration path
- 1Contact the commercial team through the site form, since no pricing, docs or sandbox are public
- 2Negotiate the revenue-share contract, including which markets your licenses unlock and the restricted-territories terms
- 3Run the single API integration against the Apex layer, with a seamless wallet on your side of the connection
- 4Clear per-market compliance once through Apex instead of certifying game by game
- 5Pick your catalog from Relax's own titles and the Powered By and Silver Bullet studios
- 6Opt into Dream Drop (Relax covers the reseed fees) and Relax Rush campaigns, then go live
Support & account management
The service layer operators inherit: availability, the channels support runs on, and language coverage.
Frequently asked
The things operators actually ask before signing.
Is Relax Gaming an aggregator or a game studio?+
Both, and the mix is the point. It runs its own studio with 100+ titles, including the Money Train franchise, and aggregates about 4,000 games from 70+ partner studios through the Powered By Relax and Silver Bullet programs. One API integration covers all of it, plus the Dream Drop jackpot network and Relax Rush promotions.
Who owns Relax Gaming?+
FDJ United, the Paris-listed group anchored by the French state. Kindred Group bought Relax outright in October 2021, FDJ acquired Kindred in October 2024, and the group renamed itself FDJ United in March 2025.
Did Relax Gaming lose its UK license in 2026?+
No. Both UKGC licenses, Relax Gaming Limited (account 37462, held since 2014) and Relax Gaming (Gibraltar) Limited (account 57758, held since 2021), were active with zero regulatory actions when we checked the register in July 2026. The February 2026 story was different: Le Monde revealed that Relax had taken an offshore B2B license in Anjouan in November 2025 to supply Anjouan-licensed operators, and the company removed the references from its website after publication. No regulator has taken action over it.
Can US operators get Relax content?+
Yes. Its own titles have run on BetMGM Casino in New Jersey since December 2023 under a DGE transactional waiver, and the full aggregation platform launched in NJ and Pennsylvania (PGCB manufacturer license 158634-1) on June 10, 2026 under the RLX Gaming brand.
What is Dream Drop and what does it cost to run?+
Dream Drop is a cross-operator progressive jackpot network launched in May 2022, with five tiers topped by a Mega pot seeded at EUR 1.5M to 2M and a Daily jackpot that must drop three times a day. It had paid out roughly EUR 280M by February 2026 and produced 30 Mega winners by mid-2026, with wins landing at different operators including Paf and bet365. Relax covers all reseed fees, so operators run it without funding the pots.
What does Relax Gaming cost?+
Nobody outside a signed deal knows. There is no public pricing, and the working assumption is a negotiated revenue share on game GGR. The last financial marker is FY2023, when the then-parent Kindred reported GBP 38.6M in external B2B revenue for Relax.
What is the difference between Powered By Relax and Silver Bullet?+
Powered By Relax gives studios the RGS, tooling and distribution while they keep commercial independence and set their own operator terms. Silver Bullet adds Relax's commercial representation plus compliance and legal support, built for smaller teams. Studios move both ways: ReelPlay upgraded to Silver Bullet in September 2024, and AvatarUX shifted its 90-game portfolio onto Powered By in March 2026.
Can operators get Relax games without a direct integration?+
Yes. Hub88, SoftGamings and other aggregators carry Relax content second-hand, which suits smaller brands that want Money Train without another contract. The direct route keeps the extras, since Apex's one-pass market compliance and the Relax Vantage self-service portal come with Relax's own integration.
Does Relax Gaming supply crypto casinos?+
Not as a product: there is no crypto offering, no on-chain settlement and no provably fair line. The November 2025 Anjouan license, though, was taken specifically to supply Anjouan-licensed operators, a segment dominated by crypto casinos, so the distribution capability exists even if it is never marketed.