“Treasure of the Phoenix” by Pragmatic Play: A Slot with Cascading Wins and a 10,000× Bonus
In June 2025, Pragmatic Play launched a new online slot, “Treasure of the Phoenix”, capturing the attention of players with its ancient Eastern mythology theme, cascading win mechanics, and a high maximum potential win of 10,000× the bet. The game blends engaging visuals with high-volatility gameplay and advanced bonus features, making it a standout title in the provider’s expanding portfolio.
Game Overview and Features
“Treasure of the Phoenix” takes players deep into a mystical Chinese-inspired realm filled with glowing phoenix artefacts, golden treasures, and flaming reels. The 6×5 layout employs a ‘Pay Anywhere’ system, meaning wins form when eight or more identical symbols land anywhere on the screen. Symbols then cascade, allowing multiple win opportunities in one spin.
The slot’s standout feature is its Bonus Game, which includes multipliers up to 10× and a Free Spins mode triggered by four or more Phoenix Scatter symbols. Once activated, a special Phoenix Meter builds up multiplier values, contributing significantly to potential massive payouts.
The overall RTP (return to player) for “Treasure of the Phoenix” is set at 96.02%, placing it competitively among high-volatility slots in 2025. The game is optimised for both desktop and mobile gameplay, supporting seamless transitions across devices.
Visuals and User Experience
The slot boasts beautifully animated backgrounds, with the mythical phoenix occasionally soaring across the reels during high-value combinations. The symbol design includes jade statues, gold coins, fire pearls, and scrolls, each rendered in rich detail. Ambient music combines traditional Chinese motifs with dramatic flourishes during winning spins and bonus rounds.
Interface-wise, the game continues Pragmatic Play’s commitment to user-friendly controls. Bet size adjustments, turbo mode, and autoplay functions are easily accessible from the main game screen. All gameplay statistics and paytable information are also readily available.
Players who enjoy intuitive design and high-fantasy themes will find “Treasure of the Phoenix” visually satisfying and technically well-executed, adding to its replay value.
Bonus Mechanics and Free Spins
The bonus features in “Treasure of the Phoenix” are central to the game’s appeal. When four or more Scatter symbols land, players are granted a sequence of Free Spins. These spins start with a 1× multiplier, but each subsequent win increases the multiplier, enhancing every following win in the same bonus round.
In addition to the Free Spins, the Phoenix Multiplier Meter adds an extra layer of excitement. It accumulates values from cascaded wins, and when enough energy is collected, the Phoenix may rise, awarding an instant multiplier boost between 2× and 10×. This can lead to explosive payouts, particularly if activated near the end of a spin cascade.
The theoretical maximum win—10,000× the stake—is realistically reachable during the bonus rounds, especially when multiplier mechanics align with high-paying symbol combinations. It’s a well-balanced bonus system that rewards risk while maintaining transparency.
Volatility and Payout Statistics
As of mid-2025, “Treasure of the Phoenix” has received a high-volatility rating from several independent testing bodies, including Gaming Labs International. This means that while wins may not be frequent, the game delivers larger payouts when they occur, appealing to high-risk players.
In practical play sessions, the hit frequency is around 22%, indicating roughly one win every five spins. Combined with the cascading system, these figures offer a compelling rhythm for players who favour longer sessions with potential high peaks.
Betting ranges from €0.20 to €100 per spin, catering to both budget-conscious users and high-rollers. Pragmatic Play’s flexible wager system remains intact, providing adjustable denominations and coin values to fine-tune the experience.
Compatibility and Technical Details
“Treasure of the Phoenix” was developed using HTML5 technology, ensuring compatibility with all major browsers and operating systems. The slot performs equally well on Windows, macOS, Android, and iOS devices, with no compromise in visual quality or gameplay fluidity.
Key technical specs include a 6×5 grid, Pay Anywhere mechanics, Cascading Wins, Free Spins with progressive multipliers, and a theoretical RTP of 96.02%. The game supports over 25 languages and is available in multiple currencies across licensed online casinos in the EU, UK, and Canada.
Pragmatic Play continues its trend of offering full-screen and vertical gameplay options for mobile players, ensuring optimal UX regardless of device orientation. Responsive controls and quick-loading animations contribute to an uninterrupted session even with unstable connections.
Licensing and Availability
As of June 2025, “Treasure of the Phoenix” is licensed for distribution in over 20 jurisdictions. This includes approvals from the UK Gambling Commission, Malta Gaming Authority, and Ontario’s iGaming regulatory body. Its availability across reputable gambling websites ensures secure, audited gameplay.
The game’s release was accompanied by promotional Free Spins campaigns and welcome bonuses across several operators, further boosting its initial popularity. It is featured in the top-grossing slots lists on various aggregator sites.
Pragmatic Play maintains an excellent track record of fair game mathematics and compliance, and “Treasure of the Phoenix” is no exception. All RNG algorithms have been independently tested and certified before public release.