First to introduce provably fair. First to accept crypto. Still the only studio offering variable RTP up to 98.92%.
Quick answer: BGaming is a Malta-based iGaming provider founded in 2012 as SoftSwiss Casino Games, rebranded in 2018. They were the first major provider to introduce provably fair technology and the first to support cryptocurrencies in online gambling. With variable RTP reaching 98.92%, €250,000 max wins across all crash titles, and 3,000+ casino partnerships, BGaming isn’t just another crash studio. They’re the one that made transparency a selling point before anyone else cared.
Quick Facts: BGaming at a Glance
| Field | Value |
|---|---|
| Founded | 2008 (as SoftSwiss), 2012 (game division), 2018 (BGaming rebrand) |
| Headquarters | Valletta, Malta |
| Development Offices | Poland, Georgia |
| Homepage | bgaming.com |
| Employees | ~247 (as of October 2025) |
| Game Portfolio | 250+ titles |
| Crash Games | 3 titles |
| Casino Partners | 3,000+ |
| Flagship Crash Game | Space XY (January 2022) |
| Known For | Provably fair pioneer, crypto gambling first-mover, variable RTP system |
License Status (Current)
| License/Certification | Details | Status |
|---|---|---|
| MGA (Malta) | Critical Gaming Supply Licence (B2B) | ✅ Active |
| Romania (ONJN) | National Gambling Office license | ✅ Active |
| Greece (HGC) | Hellenic Gaming Commission license | ✅ Active |
| ISO/IEC 27001:2013 | Information security certification | ✅ Certified |
| RNG Certification | iTechLabs, BMM Testlabs, Gaming Associates, GLI | ✅ Certified |
The Company Story: From Belarusian Outsourcing to iGaming Pioneer
BGaming’s origin story doesn’t start with casino games. It starts with software outsourcing in Minsk.
In 2008, a group of developers founded SoftSwiss as an IT outsourcing company in Belarus. The iGaming angle came later, a pivot in 2012 when SoftSwiss moved into online gambling software. The game development division, initially called SoftSwiss Casino Games, was an internal operation supporting the parent company’s platform business.
The crypto connection happened early. In 2013, SoftSwiss became the first iGaming company to introduce cryptocurrency support to traditional online casinos. This wasn’t a gimmick. It was infrastructure. They built payment rails, wallet integrations, and compliance frameworks for Bitcoin gambling before most competitors knew what a blockchain was.
The provably fair breakthrough came next. BGaming was the first major iGaming provider to introduce provably fair technology, the cryptographic verification system that lets players personally confirm each game round wasn’t manipulated. They didn’t just add it as a feature. They made it central to their identity.
By 2018, the game division had outgrown its internal role. The rebrand to BGaming marked independence. Malta headquarters. Development offices in Poland and Georgia. A standalone identity no longer tethered to the SoftSwiss platform business.
The growth since then has been steady rather than explosive. 250+ games. 3,000+ casino partners. Top 10 status on analytics platforms like Casinolytics. But BGaming never became the household name that Spribe or Pragmatic Play became. Partly that’s the SoftSwiss shadow. Being born inside a larger company gives you resources but costs you independent brand recognition. Partly it’s focus. BGaming never chased the slot volume wars. They built a reputation on fairness and crypto compatibility instead.
Today, ~247 employees work across four continents. The crash portfolio is small (just three games) but each one carries the DNA of that early provably fair commitment. Space XY, Dragon’s Crash, and Vave Crash aren’t mass-market attempts to capture Aviator’s audience. They’re precision tools for players who care about verification, variable odds, and low entry barriers.
The company history matters because it explains the product philosophy. BGaming wasn’t founded to chase trends. They were founded to solve infrastructure problems: crypto payments, fair verification, multi-currency support. That engineering-first mindset shows up in their crash games: the $1 minimum bets, the 90+ currency support, the consistent €250,000 max win caps across all titles. These aren’t marketing decisions. They’re system design choices.
Crash Games Portfolio: What BGaming Actually Makes
BGaming makes three crash games. That’s it. Compared to SmartSoft’s seven or some studios’ single-title approaches, three feels like a deliberate middle ground. Enough variety to cover different themes. Not so many that any feel like reskins.
Comparison: BGaming Crash Games
| Game | RTP | Max Multiplier | Max Win | Released | Theme | What Sets It Apart |
|---|---|---|---|---|---|---|
| Space XY | 96.88% – 98.92% (variable) | 10,000x | €250,000 | January 2022 | Space / Rocket | The flagship. Highest RTP ceiling in crash gaming. |
| Dragon’s Crash | 97% (fixed) | 10,000x | €250,000 | 2024 | Asian / Dragon | Atmospheric mythology theme. Slightly lower volatility feel. |
| Vave Crash | ~96% (estimated) | 10,000x | €250,000 | 2024 | Customizable rocket | White-label friendly. Adjustable appearance for casino partners. |
Space XY: The Technical Showcase
Launched in January 2022, Space XY is BGaming’s crash game flagship. The variable RTP ranging from 96.88% to 98.92% is the headline. That 98.92% ceiling is among the highest in crash gaming, achievable through conservative cashout strategies, similar to SmartSoft’s variable system but with an even higher top end.
The €250,000 max win cap is consistent across all BGaming crash titles. The $1 minimum bet keeps the barrier low. Dual bets, auto cash-out, and multiplayer functionality are all present. But the real differentiator is the optional provably fair verification. Players can cryptographically verify each round’s fairness, a feature that remains rare outside crypto-native studios.
Space XY’s presentation is clean without being minimal. A rocket launches along X and Y coordinates (hence the name). The X axis tracks time. The Y axis tracks multiplier. It’s mathematically literal in a way that appeals to players who want to understand exactly what’s happening.
Dragon’s Crash: The Thematic Departures
Released in 2024, Dragon’s Crash swaps rockets for mythology. A sleeping red dragon guards coins that accumulate above it, driving the multiplier upward. Players cash out before the dragon wakes and breathes fire, ending the round.
The 97% RTP is fixed rather than variable, simpler than Space XY’s range, though still competitive. The €250,000 max win and 10,000x multiplier ceiling match the flagship. The Asian theme isn’t just cosmetic. It’s strategically targeted at markets where dragon mythology resonates, particularly in East Asian and Southeast Asian player bases.
The gameplay is fundamentally identical to Space XY. Same mechanics. Same provably fair option. Same €250,000 cap. But the atmosphere is different. Where Space XY feels like engineering, Dragon’s Crash feels like storytelling. Both work. Both serve different player moods.
Vave Crash: The Customizable Workhorse
Also released in 2024, Vave Crash is BGaming’s white-label solution. The same core mechanics (rocket launch, climbing multiplier, cash out before failure) but with adjustable theming. Casinos can customize the rocket appearance, the background environment, even certain UI elements to match their brand.
The estimated ~96% RTP is slightly lower than Space XY’s ceiling, though still within industry norms. The €250,000 max win remains consistent. The real story here is flexibility. BGaming built Vave Crash for partners who wanted crash games but needed them to feel like their own.
The Honest Assessment
Three games isn’t a portfolio. It’s a statement. BGaming isn’t trying to dominate crash gaming through volume. They’re offering a specific value proposition (provably fair verification, variable RTP potential, crypto-native infrastructure) wrapped in three thematic packages.
For players who don’t care about cryptographic verification or variable odds, BGaming’s crash games might seem unremarkable. The graphics aren’t cinematic. The social features aren’t as developed as SmartSoft’s moderated chat systems. The max multipliers (10,000x) lag behind Helicopter X’s 100,000x or some competitors’ ceiling heights.
But for the audience BGaming targets (crypto players, fairness-focused gamblers, low-stakes players who appreciate $1 minimums) these three games are precisely calibrated. No bloat. No filler. Just the features that matter to that specific player profile.
What Makes BGaming Different
In a market where most crash providers chase the same Aviator template, BGaming built something distinct around three pillars: they were first with provably fair, they pioneered crypto gambling infrastructure, and they engineered variable RTP mechanics that reward disciplined play.
First to Prove Fairness
The provably fair claim isn’t marketing. It’s historical fact. BGaming was the first major iGaming provider to introduce provably fair technology, the cryptographic system where players can personally verify that game outcomes weren’t manipulated after bets were placed.
Most crash games use certified RNG systems. Independent labs test the random number generators. Regulators audit the systems. Players trust institutional verification. BGaming offers something additional: personal verification. Every Space XY round can be checked. Every Dragon’s Crash outcome can be cryptographically confirmed.
The tradeoff is complexity. Provably fair systems require player engagement. You have to actually use the verification tools. Many don’t. But the option matters. It attracts a specific player demographic: crypto-native gamblers, technically sophisticated users, anyone who’s been burned by opaque systems elsewhere.
BGaming’s provably fair implementation uses industry-standard cryptographic commitments. The server generates a result hash before the round starts. After the round ends, the server reveals the seed. Players can verify the math themselves. It’s not unique to BGaming anymore. Other studios have followed. But they were first. That primacy established them as the transparency-focused provider before transparency became a buzzword.
The Crypto Gambling Pioneer
In 2013, BGaming (then SoftSwiss) became the first iGaming company to introduce cryptocurrency support to traditional online casinos. This wasn’t adding Bitcoin as a payment method. It was building the infrastructure for crypto gambling: wallet integrations, blockchain confirmations, volatility hedging for operators.
That early investment pays off today in ways that aren’t immediately visible to players. BGaming supports 90+ currencies including major cryptocurrencies and virtual currencies. Their payment rails are battle-tested because they’ve been running since 2013. Newer competitors are still figuring out crypto integration; BGaming solved those problems a decade ago.
The practical implication shows up in the crash games. Crypto players get the same experience as fiat players. No degraded features. No second-class treatment. The provably fair system particularly resonates with crypto-native users who already understand cryptographic verification from blockchain transactions.
Variable RTP: Rewarding the Disciplined
Space XY’s 96.88% – 98.92% RTP range is the most generous in BGaming’s portfolio, and among the highest ceilings in crash gaming generally. Like SmartSoft’s variable system, BGaming rewards conservative play. Cash out at low multipliers (1.01x – 2x) consistently, and your theoretical return approaches that 98.92% ceiling. Chase 50x+ multipliers and your effective RTP drifts toward the 96.88% floor.
The €250,000 max win cap across all crash titles creates consistency. Whether you’re playing Space XY, Dragon’s Crash, or Vave Crash, the ceiling is the same. The $1 minimum bet keeps accessibility high. These aren’t random choices. They’re system design decisions that favor disciplined bankroll management over lottery-ticket chasing.
Where They Fall Short
Let’s acknowledge the weaknesses. Three crash games isn’t a deep portfolio. SmartSoft has seven. Some specialists have dozens. BGaming’s focus on provably fair and crypto compatibility means they’ve neglected players who want social features, live hosts, or cinematic production values.
The SoftSwiss origin also creates brand confusion. Many players don’t distinguish BGaming from its parent company. The independent identity established in 2018 hasn’t fully separated in market perception. That costs them recognition they might otherwise have earned.
And the max multipliers, while respectable, don’t compete with the stratospheric ceilings some rivals offer. 10,000x is solid. It’s not 100,000x. For pure thrill-seekers, that ceiling height matters.
FAQ: BGaming & Their Crash Games
Who makes Space XY?
BGaming makes Space XY, launched in January 2022. They were originally founded as SoftSwiss Casino Games in 2012 and rebranded to BGaming in 2018.
What does “provably fair” mean in BGaming’s crash games?
Provably fair is a cryptographic verification system. BGaming was the first major iGaming provider to introduce this technology. Players can personally verify that each game round wasn’t manipulated after bets were placed, using cryptographic hashes and server seeds. It’s optional. You don’t have to verify every round. But the capability is built into Space XY, Dragon’s Crash, and Vave Crash.
What is the RTP of Space XY?
Space XY offers variable RTP from 96.88% to 98.92% depending on cashout behavior. Consistently cashing out at low multipliers (1.01x – 2x) yields the highest theoretical returns. Chasing high multipliers reduces effective RTP toward the 96.88% floor.
What is the highest multiplier in BGaming crash games?
All three BGaming crash games (Space XY, Dragon’s Crash, and Vave Crash) offer a 10,000x max multiplier. The €250,000 max win cap applies across all titles.
Is BGaming licensed and regulated?
Yes. BGaming holds a Malta Gaming Authority (MGA) B2B Critical Gaming Supply Licence, licenses from Romania’s ONJN and Greece’s HGC, and ISO/IEC 27001:2013 certification for information security. Their RNG systems are certified by iTechLabs, BMM Testlabs, Gaming Associates, and GLI.
Can I play BGaming crash games with cryptocurrency?
Yes. BGaming was the first iGaming provider to support cryptocurrencies (starting in 2013). Their crash games support 90+ currencies including major cryptocurrencies. Space XY and their other titles are widely available at crypto casinos.
How many crash games does BGaming make?
Three: Space XY (January 2022), Dragon’s Crash (2024), and Vave Crash (2024). They focus on quality and verification features rather than volume.
What is the minimum bet for BGaming crash games?
BGaming crash games have a $1 minimum bet (or currency equivalent), making them accessible to low-stakes players. Maximum bets vary by game and casino but typically cap at $100 per round.
Our Take
BGaming built their reputation on being first. First with provably fair. First with crypto support. The variable RTP system in Space XY (reaching up to 98.92%) rewards disciplined play in ways fixed-RTP competitors don’t. The €250,000 max win cap and $1 minimum bet create accessibility without sacrificing ceiling potential.
The tradeoffs are real. Three crash games won’t satisfy players who want variety. The SoftSwiss heritage creates brand confusion that costs them recognition. And for players who don’t care about cryptographic verification or crypto payments, BGaming’s crash games can feel unremarkable compared to more visually ambitious competitors.
But if you want provably fair verification, if you value the ability to personally confirm game fairness, if you prefer variable odds that reward conservative strategies, BGaming is practically the only major provider delivering all three. They pioneered transparency as a selling point before anyone else thought it mattered. That’s not nothing.
See where to play BGaming games → | Read the Space XY game review → | Browse all crash game providers →