Casino News
| Published On Jun 1, 2026 11:27 pm CEST | By Ricky Grant

Avanti Studios Raises €5M Before Spain Live Casino Launch

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Avanti Studios has added another €5m in seed funding, taking total backing to €10m before its first live casino content goes live in June 2026.


Good to Know

  • Avanti Studios closed the second funding round on 19 May 2026.
  • Genting Casinos UK invested again after joining the first round.
  • Spain will host the first rollout, with wider operator interest beyond that market.

Avanti Studios now has €10m in seed funding behind its live casino plan after closing a second €5m instalment. The round became oversubscribed shortly after investors gained access, according to company details shared with industry media.

The timing matters because Avanti Studios plans to deploy its first casino content in June 2026. Spain sits first in line, while related coverage has also linked the company with plans for other regulated markets, including Brazil.

Avanti Studios Builds Around Digital Humans

Avanti Studios is not trying to copy the classic live dealer studio model seat for seat. The company has built its pitch around real-time, lifelike, interactive digital humans, with AI, motion capture, 3D animation, and cloud streaming all part of the wider product idea. That gives operators a possible lower-cost route into live casino content, especially when localisation and studio overheads become hard to scale.

Genting Casinos UK also returned for the second round. The operator joined the first investment stage and has now added more capital as Avanti Studios prepares for commercial launch.

Gustaf Hagman, Co-Founder at Avanti Studios, said:

“I’m incredibly proud of the investor group we’ve assembled. Their backing demonstrates not just a belief in our company, but a belief in the future, and I’d like to give a special thank you to the board of Genting Casinos UK for their continued support, guidance and the overall contribution they’ve made to our journey so far.”

The background adds weight to the funding news. Hagman co-founded LeoVegas, while Jonas Delin previously built Authentic Gaming, a live casino business later connected to the wider live dealer market. Avanti Studios launched earlier in 2026 with both names attached, giving the supplier a stronger start than many new casino content studios.

Jonas Delin, Co-Founder at Avanti Studios, said:

“Avanti is thrilled to have finalised its second stage of funding in what has been one of the biggest investment rounds in an industry start-up this year. We strongly believe that the future belongs to real-time, lifelike, interactive digital humans, and to see so many investors share this vision with us indicates one thing… this is only the beginning!”

For operators, the key question now turns to performance. Live casino remains one of the most expensive online casino verticals to run because studios, dealers, streaming, compliance, and localisation all add cost. Avanti Studios is betting that digital-human live casino can cut some of that friction without losing the real-time feel players expect.


FAQ

How Much Funding Has Avanti Studios Raised?

Avanti Studios has raised €10m in total seed funding after adding €5m in the second instalment.

When Did Avanti Studios Close The Latest Funding Round?

The second round closed on 19 May 2026 after becoming oversubscribed.

Who Invested Again In Avanti Studios?

Genting Casinos UK invested again after taking part in the first funding round.

Where Will Avanti Studios Launch First?

Avanti Studios plans to deploy its first casino content in Spain in June 2026.

Ricky Grant

Ricky is a bitcoin enthusiast and understands the significance of cryptocurrencies not just in the iGaming industry but in society. Ricky has a particular interest in the US Casino landscape, and anything related to this. His favorite casino table games are blackjack and baccarat.

Tags: iGamingSpain