Spadegaming
Software Guide 2026
Spadegaming has built Asian-themed slots since 2007, from Cai Shen 888 to the Fishing God arcade. Here is what we could and could not verify about the studio.
Overview of Spadegaming
Spadegaming is an Asian slot studio founded in 2007, best known for Cai Shen 888, FaFaFa, Golden Monkey and the Fishing God arcade series. Its content reaches casinos through aggregators, so the same titles turn up across a very wide range of sites.
Their games are defined by intricate Asian themes, covering Chinese mythology, Japanese warriors, and folklore. The ‘Asian’ feel isn’t just cosmetic; the math models (high volatility) are tailored to what Asian players prefer.
The studio runs two separate ways-to-win engines: Maxways, which is its own, and Megaways, which it licensed from Big Time Gaming in a deal announced in September 2021.
What we could and could not verify. Spadegaming is widely described as holding Malta Gaming Authority and Curaçao licences. We searched the MGA licensee register on 13 August 2026 and a name search for “Spade” returned no results, while a control search for “Pragmatic” returned the expected entry — so the register works, and the brand name does not appear on it. That does not prove the studio is unlicensed: B2B licences are issued to corporate entities that may carry a different name. It does mean the claim cannot be checked the way a player would try to check it, and no licence number is published anywhere we could find. We could not read the Curaçao register's PDF lists to confirm or rule out an entry there.
Spadegaming publishes no catalogue count and no RTP figures of its own; its website is a JavaScript application that served us no readable corporate text. Published title counts range from 100+ to 170+, and every RTP figure on this page comes from third-party slot databases rather than the studio. Treat them as indicative.
History of Spadegaming
Founded in 2007, Spadegaming began as a Philippines-based studio and later opened a Malta office. The company publishes no corporate history of its own, so the account above comes from trade-press and B2B provider profiles rather than from Spadegaming. We name no founder or executive: the names that circulate are unsourced.
Popular Games
Heroes: Rise of the Legend
Cinematic graphics and 4 distinct hero features.
Cai Shen 888
Classic God of Wealth theme with high RTP and multipliers.
Gold Panther
4096 ways to win with a savage jungle aesthetic.
Fishing God
The gold standard for multiplayer fishing arcade games.
Fairness & Security Audit
Provider directories widely report that Spadegaming games are tested by iTech Labs. We could not confirm it: no testing laboratory publishes a searchable per-game certificate register, so no player can check which titles have been tested or by whom. Note also that iTech Labs was acquired by Gaming Laboratories International in 2023, so it is no longer an independent second opinion alongside GLI. Read this as a limit on verification, not as a finding against the studio.
A provider logo tells you what you will be playing. It tells you nothing about whether the casino serving it will pay you out.
Judge the operator on its licence, cashier behaviour, KYC process and bonus terms — not on the studios in its lobby.
Conclusion
Spadegaming is an established studio with a large, distinctive catalogue, and its games are found almost everywhere in the Asian market. What we will not tell you is that it makes any particular casino safe. We cannot verify the studio's licensing from the public registers, and even if we could, the licence that determines whether you get paid is the operator's, not the supplier's.
Frequently Asked Questions
Spadegaming and the casinos carrying it state MGA and Curacao licensing. We searched the MGA licensee register on 13 August 2026 and found no entry beginning "Spade", and no licence number is published anywhere we could find. That may simply mean the licence sits under a different corporate name, so we treat the claim as unconfirmed rather than false.
Yes. Spadegaming licensed the Megaways engine from Big Time Gaming in a deal announced in September 2021. It also runs its own ways-to-win engine, Maxways, on titles such as Legacy of Kong Maxways. Power of Thor Megaways is a Pragmatic Play game, not a Spadegaming one.
Corporate Profile
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