A new trend? Are ELK Studios lowering the Return to Player of their new slots?

We have now grown custom to RTP changes and variable RTP versions from most game studios.

Famous game studios like Play’n GO, Nolimit City, Pragmatic Play, and many more create slot games with different RTP versions varying from 96% to as low as 84%.

It’s then up to the online casinos to decide which RTP version to offer their players.

Unfortunately, far from all casinos opt to provide the players with the best RTPs.

Some prefer to further increase their margins instead by offering lower RTP versions on popular slots like Book of Dead, Cherry Pop, Sweet Bonanza, and many more.

Nowadays, you can bypass this issue using CasinoWizard’s wisdom and knowledge by finding all the best RTP versions of slots here on the CasinoWizard.com site.

However, we have now detected a new issue from ELK Studios that could potentially become a pattern to look out for.

Why did ELK Studios lower the RTP of their slot, Cygnus 2?

While previous slot releases from ELK Studios like Nitropolis (96.10%) and Katmandu Gold (96.20%) were created with higher RTP settings, we have gotten used to ELK Studios releasing their slots with 95% RTPs the last years.

A 95% RTP is lower than most top RTP slots ranging around 96%, but this hasn’t been much of a big deal as many ELK Studios slots are popular, and there has only been one RTP version released to choose from anyway.

With the release of their slot Cygnus 2, we noticed a break from their usual pattern.

Released in August 2022, Cygnus 2 was launched with an average RTP setting of 94%.

So instead of releasing several RTP versions that the casinos can choose from, ELK decided to increase their own and the casinos’ win margins by lowering the RTP altogether on this new slot.  

Will we see more ELK Studios slots with a lower RTP?

While we hope that the 94% RTP version of Cygnus 2 would have been a one-off, unfortunately, this became the game studio’s new reality. They have continued the same pattern into 2024, and we expect no changes in the near future.

ELK Studios’ strategy has been executed so seamlessly that players have remained unaware of the changes, exactly as the studio had hoped.

Players get less for their hard-earned cash, while the game studio saves money on development costs by only needing to release one RTP version.

Online casinos are happy, too, as they increase their profits.

Why is a lower Return to Player bad for you?

A lower RTP percentage increases the game studios’ and online casinos’ long-term win margins.

This is bad news for you as fewer winnings are then paid to players from all the wagering on a slot.

Less wins mean fewer spins, and that, in return, decreases the number of chances you get to win a big win. Basically, your money will run out faster on average compared to a slot with a higher average RTP setting.

What are your options as a player?

In the cases with slots that are offered with different RTP versions, you can use CasinoWizard’s search function to find the online casinos that offer their players the best RTP versions of each slot.

However, you can’t increase your odds with ELK Studios slots as these games are only released with one RTP version.

You can search for the ELK slot you want to play through our search tool, as here you will find all the RTP, volatility, and max win info together with a review of the slot. 

Then you can decide if you want to play this game or search for higher-paying RTP slots from another game provider.

Which online casinos offer ELK Studios slots?

ELK Studios has become a significant player in the online casino industry as their slots’ quality and entertainment value have increased through the years.

Therefore, a majority of casinos online, like LeoVegas, Betsson, and many more, offer ELK slots in their game portfolio today.

Some of ELK Studio’s most popular slot releases include titles like Zulu Gold, Wild Toro 2, Book of Toro, Pirots 2, and Nitropolis 3.

Their slots can often be found on casinos’ most popular lists, and we can only assume (and expect) to see a continuation of great slots being released from this game provider.

Will other game studios also offer lower RTPs on new slots?

Fortunately, we haven’t seen other game studios follow ELK Studios example by releasing only one lower RTP version of new slots, with the exception of Thunderkick.

Thunderkick, like other game studios, has seen ELK Studios continuing to release their slots with fixed 94% RTP versions into 2024 with no bigger complaints from the industry or players. So, in March and April 2024, Thunderkick also released their two latest slots with lower 94% RTP options with no higher versions available.

It’s likely that Thunderkick will continue down this path as well.

The good news is that other game studios haven’t copied this strategy yet, but having multiple payout versions available can still create issues for players. How do you know which casino offers the best-paying option?

Rest assured, the CasinoWizard is here to make your gaming experience hassle-free. We diligently monitor the RTPs and steer you toward the online casinos that offer the best RTP versions of the most popular casino slots on the internet.

With the CasinoWizard’s guidance, you can enjoy these fantastic slots, knowing that you’re playing with the best odds available. After that, it’s all in the hands of lady luck to decide if you win.

Don’t players care about this?

No one wants to pay more for an item when cheaper alternatives for the same thing are available. I mean, who wants to waste money, right?

The tricky thing when it comes to online slots and various RTP versions is that this is still quite a new phenomenon that players need to be made aware of. It’s not that game studios or casinos have informed players about this through newsletters, pop-ups on their sites, or other media, but instead, it is your duty to find out about these things yourself.

This has led to players being unaware of the various payout versions available for the same slots. Players just assume that they play on the same RTP version no matter which casino they play at.

This is true in the case of ELK Studios (and recently Thunderkick), though. Instead of at least having the possibility of finding a higher payout version, all casinos now offer the low one, as no other versions of their new games exist.

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