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How to play Lokis Riches
A studio best known for high-risk, high-reward design
The broader takeaway is about range. Maintaining a dedicated sub-brand for retro-styled content lets Push Gaming serve operators looking for a spread of formats, from marquee high-volatility slots to low-key jackpot games that appeal to a different segment of players.
Flaming Streaks is unlikely to reshape Push Gaming’s reputation, and it isn’t built to. Its value as news lies in what it confirms. A studio best known for high-risk, high-reward design continues to invest in a parallel line of accessible, jackpot-led classics through Reel Hot Games, keeping its catalog broad enough to cover both ends of the risk spectrum.
About Lokis Riches
Ahlberg agrees the €16.4 million valuation is attractive, with a deferred consideration of around €10.4 million that reduces the immediate cash burden.
Corfai Capital Managing Partner and Founder Ben Robinson is even more bullish on the price, pointing to the circumstances in which GiG was able to acquire the business.
“On the numbers GiG has disclosed it looks cheap,” he says. “€16.4 million for 80% implies an EV of €20.5 million against roughly $50 million of run-rate NGR, 30% year-on-year growth and positive cash generation. €6m of cash on day one for a business generating $50 million of NGR tells you who needed the deal.”
How to play Lokis Riches
That line got repeated as part of “Wizard 2.0,” with most media outlets assuming it was to be among the production’s new effects.
Our suspicion is that Dolan was referring to an immersive video simulator—likely intended for the lobby before the movie begins.
Either way, the idea was apparently delayed or scrapped.