Emerging slot developer Hotdog Gaming has recorded more than $12 million in turnover within 90 days, following a $5 million seed round led by major syndicate groups across Asia.
Founded in early 2025, the studio has launched 20 original slot titles and is now integrated with over 2,000 operators. Its success is attributed to strong performance metrics, cultural IP integrations, and syndicate-grade infrastructure.
The seed round included Xypher Capital, X2 Dynamic (Thailand), 0MS Group, Rich Gaming (Bangladesh), and METASOFT ONEAPI, all of whom are active players in Asia’s growing white-label and aggregator ecosystem.
Between February and April 2025, Hotdog Gaming saw an 897% increase in turnover, with 279,000+ organic usersand stable RTPs reported. Regional game design, volatility customisation, and partnerships with Pop Mart (Labubu, Molly, Crybaby) have driven early traction in SEA and India.
The company has also begun aggregating content, with 12 external providers already live. CTO Eason Wang describes the platform as “a high-growth distribution engine, not just a studio.”
With Series A preparations underway for early 2026 (targeting a $25–30M valuation), Hotdog Gaming is positioning itself as a key innovation player in Asia’s maturing iGaming landscape.
Contact: ariel.soo@xyphercapital.com
Demo: hotdog-gaming.com/vip.html
