Slot developer Bluberi on track to bring games to Nevada
Summary
The Nevada Gaming Control Board has recommended Canadian‑founded, Las Vegas‑based slot developer Bluberi Gaming for a Nevada licence; the Nevada Gaming Commission will consider the application on 25 September. Bluberi restructured after a 2016 bankruptcy and was acquired in 2019 by Catalyst Capital Group, then grew rapidly.
In 2024 Bluberi secured US$55 million to support titles such as Shark’s Lock and Devil’s Lock: All‑In and to return some capital to Catalyst. That year it expanded into 29 new jurisdictions (including Indiana, Louisiana, Oregon, Ontario, Rhode Island, Virginia and West Virginia) and opened an 80,000 sq ft headquarters in Las Vegas. The company now operates six studios, up from one in 2020.
Key growth metrics: licences rose from 66 in 2019 to 194 today; units in North America increased to about 12,000 (from 1,500 in 2019); and revenue has quadrupled over three years. Bluberi released seven titles in 2024 and plans about 14 in 2025, supported by substantial R&D and two new product lines, Beacon Elite and Beacon+.
Key Points
- Nevada Gaming Control Board recommended Bluberi for a Nevada licence; the Commission will decide on 25 September.
- Company restructured after 2016 bankruptcy and was acquired by Catalyst Capital in 2019; secured US$55m in 2024 to fund roll‑out and capital returns.
- Rapid geographic expansion: 29 new jurisdictions in 2024 and multiple state/province targets for 2025 (including Nevada, Ohio, Iowa, New Jersey and British Columbia).
- Operations: 80,000 sq ft Las Vegas HQ, six studios (including two in Canada), and significant headcount growth in Nevada and Reno.
- Product strategy: focus on fewer, higher‑quality games — Beacon Elite and Beacon+ launched; 7 titles in 2024, ~14 planned for 2025 backed by heavy R&D.
- Commercials: about 12,000 units in North America; business mix roughly 70% direct sales and 30% recurring revenue; revenue up fourfold in three years.
Why should I read this?
Short version — Bluberi’s gone from near‑failure to fast‑growing contender. If you care about who supplies slot games to casino floors, this matters: a Nevada licence means more of their machines could appear on Strip and regional floors. We’ve pulled out the numbers and what it means for market competition so you don’t have to wade through the full piece.
Context and relevance
A Nevada licence is a major milestone for any slot supplier because it opens access to a high‑visibility market with strict standards. Bluberi’s rise illustrates wider industry trends: investment in premium on‑floor experiences, scaling via multiple studios to increase output without diluting quality, and the commercial importance of recurring revenue. Operators, rivals and regulators will watch the Commission’s decision closely.
Source
Source: https://cdcgaming.com/slot-developer-bluberi-on-track-to-bring-games-to-nevada/
