iGaming’s €340M Exit Deal: How Nolimit City Reinvented Online Slots for Gen Z

iGaming’s €340M Exit Deal: How Nolimit City Reinvented Online Slots for Gen Z

From The Under Pressure Podcast by The Under Pressure Podcast

September 11, 2025 · 33 min · Season 4 · Episode 4

About this episode

The episode discusses Nolimit City's innovative approach to online slots and their significant €340M exit deal.

This episode will change the way you think about spotting business opportunities, chasing money, and how to leave a mark on an industry like iGaming and online casinos. As a founder and investor, one thing host Alex Tomic often likes to say is, ‘You don’t want to miss the next NoLimit City, ' the studio that led one of the iGaming industry’s biggest exit deals and foundationally changed the way we play online slots today. For this conversation, Alex sits down with Nolimit City's co-founder, Jonás Tegman , who takes us straight into the chaos of no money, ‘crappy’ games that no one knew, and yet somehow, an eventual €340M acquisition. This isn't some 'failure-to-success' entrepreneurship story you've heard a hundred times. Instead, Jonás opens up about the grind, the burnout crash that followed that big Evolution Gaming deal, and the reality that money doesn't fix meaning. At the same time, he takes us through how Nolimit tore up the slot playbook, designing for a new wave of players who wanted entertainment, not tradition. That rebellion is what flipped their fate (and redefined the slot market). Here’s what you’ll take away: - How to spot business opportunities and when an…

People in this episode

Hosts: Alex Tomic, Alex

Guest: Jonás Tegman

Topics covered

  • iGaming
  • online casinos
  • business opportunities
  • entrepreneurship
  • Gen Z

Keywords

  • Nolimit City
  • online slots
  • acquisition
  • Evolution Gaming
  • business strategy

Mentioned in this episode

Products: Nolimit City

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