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Play'n GO’s Johan Törnqvist: ‘The scale of the US opportunity is unmatched’

25 Sept 2023

Click here to read more about Johan's take on the future of the iGaming industry.

Gaming giant Play’n GO has dominated the global online regulated slot market for the better part of a decade. Having gone live with their first customer in the US within the last 12 months, we sat down with CEO and Co-Founder Johan Törnqvist to reflect upon the first year of the company’s entry into the US market, and how big, listed businesses based in the US may shape the industry over the next decade.

Johan Tornvist on a banner with quote

How would you categorise Play’n GO’s first year in the US market? What are the major differences, if any, between the US and other highly regulated markets?


For us, it has always been important to do things at the right pace. Of course, there’s the temptation to push to be the first to market in new jurisdictions, and especially in the US, but we’d rather do things our way. So, we’re taking the time to build those deep relationships with operators, listening carefully to feedback and paying attention to how things are progressing.


That said, we are seeing a few early trends. Play’n GO was the first studio to deliver grid slots and these are doing very well in the US. These games require a huge amount of expertise to build, so we’re in a great position to drive innovation here.

This mindset has served us really well, because in a little more than a year we’ve gone live in three states (New Jersey, Michigan and West Virginia) and expect to add a fourth in Pennsylvania to that list imminently.


These states are responding very positively to our games. Operators are very open to working closely with us and building the types of true partnershisp we love. Remember, the US iGaming market as a whole is still in its infancy, perhaps with the exception of New Jersey. The revenue potential is obvious, but when it comes to things like game type and preferred mechanics, the character of these markets is something still to be clearly defined.

That said, we are seeing a few early trends. Play’n GO was the first studio to deliver grid slots and these are doing very well in the US. These games require a huge amount of expertise to build, so we’re in a great position to drive innovation here.


Our library of more than 350 premium titles is performing strongly. I’ve always said that really great content is often consistent across markets, and that’s certainly proving the case for us.

Do US consumers prefer a different type of playing experience than European consumers? Does the US market require a separate strategy?


Before talking about differences, it’s important to remember that wherever they are in the world, players love great games with engaging storylines that provide entertaining experiences. That’s what keeps them coming back for more.


Our library of more than 350 premium titles is performing strongly. I’ve always said that really great content is often consistent across markets, and that’s certainly proving the case for us.

This is particularly true in the US, where unique traits are beginning to emerge. American operators are really doubling down on differentiation in their casino lobbies, perhaps more so than in Europe and elsewhere. This doesn’t necessarily require a wildly different strategy, but it does present certain opportunities. For instance, our vast portfolio is a huge asset for those operators looking to offer something a little different.


Online sports betting has had more success in regulating across US states than iGaming. Do you expect iGaming regulation to expand in the coming months and years?

We will absolutely see igaming expand, although I don’t think it will exactly mirror online sports betting. More important than the expansion, however, is the regulation that comes alongside it. There’s already quite a spread of approaches in the sports betting space, and some states are changing things like taxation levels. This will continue to evolve.


If we’re talking iGaming specifically, a lot of the focus from regulators is on advertising and promotional activity. I’d hope they consider game types and mechanics as well. We’ve talked a lot about how we think Bonus Buy features can be harmful to players and our industry more widely, and we’ve taken a stance by not including the feature in any of our games. Regulators and stakeholders in other markets are increasingly agreeing with that view.


Gaming should be about entertainment. We want to help build an industry that can thrive for decades to come, and that means prioritising the player experience and the joy it can bring over short-term revenue.


Why is the US market important for the regulated gambling industry? What do you think the impact of a strong US-based operator set will be on the global industry over the next decade?

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Gaming giant Play’n GO has dominated the global online regulated slot market for the better part of a decade. Having gone live with their first customer in the US within the last 12 months, we sat down with CEO and Co-Founder Johan Törnqvist to reflect upon the first year of the company’s entry into the US market, and how big, listed businesses based in the US may shape the industry over the next decade.

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