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RTP vs catalog median
-2.08 vs medianVolatility 5/5 · catalog median 4/5
Themes
- Halloween
Editorial analysis
Elk Studios accounts for 152 titles in our catalog, and Phoenix Graveyard 2 is one of the studio's August 2025 entries, dated 5 August. Its RTP figure comes from slot.report alone: 94%, unverified against a catalog feed. Set that beside the 96.08% median of the 9,233 games we hold return data for and the gap is 2.08 points. It is a sequel by name; our packet does not describe the first game.
All-Ways reels, level-5 volatility, one RTP source
Five reels pay in All Ways fashion rather than along a fixed line count. Volatility is level 5 on our scale, the top step, and slot.report's own label agrees: high. Halloween is the single tagged theme. Megaways, bonus buy, progressive prizes and tumbling reels are all marked absent. Two gaps remain: no bet range appears in our data, and no maximum win figure exists from either source. That leaves the 94% payback as the one hard number.
Who fits? Someone chasing rare, large hits who accepts a sub-median return. Cautious bankrolls should look elsewhere. Elk Studios veterans will recognise the shape.
A 94% RTP means the operator keeps 6% over time. Decide your ceiling before the first spin and stop there. 18+.
Frequently asked questions
What is the RTP of Phoenix Graveyard 2?
Phoenix Graveyard 2 has a published RTP (return to player) of 94.00%.
Is Phoenix Graveyard 2 high or low volatility?
Phoenix Graveyard 2 is a high volatility slot (level 5 of 5). Expect larger but less frequent wins.
Who makes Phoenix Graveyard 2?
Phoenix Graveyard 2 is developed by Elk Studios.
Can I play Phoenix Graveyard 2 for free?
Yes — you can play the Phoenix Graveyard 2 demo for free on SlotCodex with no deposit and no registration.
How many reels and paylines does Phoenix Graveyard 2 have?
Phoenix Graveyard 2 is played on 5 reels with All Ways paylines.
Market intelligence
Market view for this game.
This game's lobby presence
How market tracking worksLive lobby tracking across real casino brands; positions refresh with each scan.
Sauron lobby visibility snapshot calculated 30 Aug 2026 UTC. Rankings and availability can change with the next daily observation. Methodology
- dk#9
- 0.1
1 operators