Lucky Elephant Gaming Ltd
- Founded
- 2019-01-01 in Cyprus
- Headquarters
- Limassol, Cyprus
Lucky Elephant Gaming Ltd is a Cyprus-based iGaming supplier and game development studio founded in 2019 by industry professionals with over a decade of experience. The company operates a dual business model: it offers full-cycle custom game production services for operators and other studios, while also maintaining its own portfolio of proprietary casino games. As of early 2025, that portfolio comprised 14 titles, including crash games like Rich Rocket and Crazy Professor, classic table games, and Indian-origin games such as Andar Bahar. All games are built in HTML5 for cross-platform play and support multiple languages, currencies, and cryptocurrencies. The company is privately held, headquartered in Limassol, and employs between 11 and 50 people. It has partnered with aggregators like SoftGamings to distribute its titles to a wider network of operators. With a focus on quality over quantity, Lucky Elephant differentiates itself through innovative game mechanics and flexible outsourcing services.
Detailed Review
Company Overview
Lucky Elephant Gaming Ltd entered the iGaming market in 2019 as a relatively small but ambitious supplier. The company’s dual business model – offering both bespoke game development services and a library of in-house games – distinguishes it from pure aggregators or pure studios. Its clients range from newly licensed operators needing a turnkey game to established companies wanting to scale production without hiring internal teams.
Business Model
The company provides full-cycle game production including concept design, graphic art, programming, mathematics modelling, level design, and quality assurance. In parallel, it develops and releases its own titles, generating revenue through licensing and distribution agreements with casino operators and aggregators. Lucky Elephant also offers 24/7 technical support to its partners.
Products and Portfolio
The studio’s first internally released title, Rich Rocket (October 2020), is a crash-style game that combines multiplier wagering with a cash-out mechanic. Subsequent releases include classic card games (blackjack, roulette) with added features such as live commentary voice tracks and optional side bets, along with Indian-popular table games like Andar Bahar. The portfolio also contains dice games (HiLo, Dice) and the instinct-based Crazy Professor. All titles are built in HTML5, ensuring cross-platform compatibility and support for any language, currency, and cryptocurrency.
Market Position and Partnerships
In 2022, Lucky Elephant signed a distribution deal with SoftGamings, integrating its full library into SoftGamings’ API aggregation platform. This gave operators instant access to the games. The company has also been listed on supplier directories like iGamingSuppliers and Casino City. Despite a small portfolio of 14 games, the company focuses on quality control and rapid iteration based on operator feedback.
Leadership and Team
Lucky Elephant is privately held and does not publicly disclose its C-level executives. The only named leadership figure is Oksana Danylchenko, Head of Business Development, as confirmed on the SoftGamings partner profile. Headcount is estimated between 11 and 50 employees, indicating a lean, agile operation. The company’s official website is a minimal landing page, with operational details primarily available through LinkedIn and third-party supplier profiles.
Key Products
Rich Rocket
A crash/instinct game where players cash out before a multiplier bursts; released in October 2020 as the company's first proprietary title.
Blackjack
Classic blackjack with an added commentary voice feature and optional side bets.
Roulette
Standard roulette with extra bonus betting options.
Andar Bahar
A traditional Indian card game adapted for online play.
HiLo
A dice game where players predict if the next number will be higher or lower.
Dice
A classic dice-rolling game.
Crazy Professor
An instinct-based game with a cash-out mechanic similar to Rich Rocket.
Custom Game Development Services
Full-cycle outsourced production including concept, art, programming, mathematics, level design, and QA/testing.
Offices & Headcount
30 employees (approx.)