Avanti Studios

Company History and Founding

Avanti Studios was established in 2025 by Gustaf Hagman, founder of LeoVegas, and Jonas Delin, founder of Authentic Gaming, to address the core limitations of traditional live casino: high operational costs, limited scalability, and a lack of genuine innovation in game presentation. The company’s first major commercial milestone was the launch of live, multiplayer Blackjack in Spain in mid‑2026, a market that had lacked regulated live‑streamed Blackjack for over a decade. This launch served as a strategic test case for entering other regulated territories.

Business Model

Avanti operates on a B2B model, supplying operators with a fully digital live casino platform that replaces physical studios with virtual environments. Operators can customise branding, table layouts, and game rules, and deploy tables instantly across any number of markets. The company charges licensing fees for its platform and games, and its revenue model benefits from the low marginal cost of adding virtual tables compared to traditional live studios.

Technology and Platform

The core technology uses motion‑captured performances of real dealers to create “digital human” dealers that react naturally in real time. The platform is built on Unreal Engine for high‑fidelity graphics and real‑time rendering, with Google Cloud providing low‑latency streaming and elastic scaling. The company has filed patents around its motion‑capture‑to‑live‑stream pipeline. The platform supports multiplayer formats, continuous integration and deployment, and is designed for infinite scalability.

Products

Avanti’s initial product portfolio includes Avanti Live Blackjack, a multiplayer blackjack game with a digital human dealer; Avanti Live Roulette, described as the first live roulette for Spain since 2013; and the Avanti Platform, which powers all games. The company also operates a separate product studio brand, Avanti Studio, offering agile development services using AI, though this is not directly part of the iGaming offering.

Market Position and Competition

Avanti competes with established live casino suppliers such as Evolution Gaming, Playtech, and Authentic Gaming. Its differentiation lies in the fully digital dealer approach, which eliminates the logistical constraints of physical studios and enables rapid market entry. The company focuses on regulated jurisdictions, with Spain as a beachhead and plans to expand into other markets. The oversubscribed €10 million seed round, with participation from Genting Casinos UK, signals strong industry confidence.

Funding and Growth

Avanti raised €10 million in seed funding across two tranches: the first €5 million in 2025 and a second €5 million in May 2026, which was oversubscribed. The funds are being used to accelerate market expansion, particularly into regulated markets, and to further develop the platform. The company maintains a lean team of 11–50 employees, with key technical talent in Unreal Engine development, cloud engineering, and AI.

Regulatory and Licensing

Avanti’s first regulated launch was in Spain, where the company obtained the necessary approvals to offer live‑streamed Blackjack. The company intends to pursue licensing in other regulated jurisdictions as it expands. Its technology is designed to be easily adapted to local regulatory requirements.