Phoenix Graveyard 2
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game review avatarReel McCoy

Phoenix Graveyard 2 Slot Review

I know people who are terrified of cemeteries, while I honestly don’t mind them at all. In fact, I actually find them kind of peaceful. 🌙 I also don’t get the fear of being in one at night.

Sure, some graveyards look creepy even in broad daylight, but I’m not exactly worried about getting dragged into the underworld by a disgruntled spirit, or accidentally falling into an open grave only to be buried alive by some sketchy groundskeeper named Earl. 🪦

No, my real question is: what’s the point of being there at night in the first place? Maybe I’m just too old to see the appeal, but even as a kid, I didn’t know anyone who actually hung out in graveyards, despite one being just a 10-minute bike ride 🚲 from my house.

Then again, I also didn’t grow up near a cemetery like the one in Phoenix Graveyard 2 slot by ELK Studios. With flaming birds, walking corpses, and a full-time skeleton 💀 crew, this place might’ve been worth sneaking into after dark.

Gameplay

Now this looks like the perfect spot for a Halloween party, don’t you think? A dark, shady grave yard in the middle of the night, with the only light being provided by the moon, and two small lanterns hanging from the mausoleum-style 5-reel, 4-row grid.

The grid is surrounded by graves, tombstones, dead trees, and abandoned houses. It’s a great spot for a game like this, and the graphics are sharp and creative.

Not only do the highest-paying symbols ask for your respect; they look like they would severely hurt you if they don’t get it. Get ready to meet grave diggers, farmers with sledge hammers, knights, and creepy priests.

If you look closely, there’s an extra row of symbols above the others. This is called the Feature Row and will be explained later.

As always with ELK games, there’s the X-iter feature available. You’ll recognize the icon on the left side of your screen, which I’ll get to shortly.

The game is built on the following stats: 1,024+ ways, a 94% RTPRTP stands for “Return to Player.” The RTP describes the total bet amount that a game returns to players over millions of spins, and that figure is represented by a percentage. Table games, such as Roulette, typically have higher RTPs than many slots.

RTP needs to be considered in conjunction with a game’s volatility rate.
, a medium/high volatility rate, a 25,000x max multiplier, and a $150,000 max win.

Keep in mind, this is a fiat-currency-only slot.

Features

WILD BATTLE

The Phoenix Wild substitutes for any paying symbol, awards a re‑spin, and unlocks a random position in the Feature Row.

The Reaper Wild has the same power as the Phoenix Wild, but it’s also a Walking Wild that awards re-spins and moves one step to the left each time, until it has walked off the grid.

If a Phoenix and Reaper land on the same row or vertically adjacent, they will battle. The winner gains a multiplier, or if it’s a draw then both get one.

When the Phoenix wins, all low value symbols will also be removed on the next spin. If Reaper is the winner, the Phoenix scatters 1-5 Feather Wilds across the grid.

Each symbol can only be in one battle per spin.

The Feather Wild can spawn after a Phoenix loses a battle, is split, or a split occurs in a 6‑ways position. However, it can’t activate the Feature Row or drop as part of a normal spin.

PHOENIX SKULL AND REAPER SKULL

On any given spin, the Phoenix or Reaper Skull symbol may glow, and potentially be activated. If they explode, the Reaper skull adds one random Reaper Wild on reel 5, and any unlocked Feature Row positions remain active for the rest of the round.

An active Phoenix skull will instead drop 1-3 Phoenix Wilds on the reels, followed by one re-spin per Phoenix with the feature row unlocked.

Only one of each skull can be active at any time.

FEATURE ROW

I mentioned the Feature Row earlier, and it contains 5 locked positions. You can unlock one of them by landing a Phoenix wild or Reaper wild. Unlocked positions the spin to reveal a blank or a feature row symbol.

These positions return to being locked after a win, unless a respin symbol or skull feature triggers or the bonus or super bonus is active.

Let’s take a look at the symbols found on Feature Row:

  • Split All - Increases the ways to win for all positions on the grid by +1.

  • Split Right - Selects a random position on the reel underneath it and increases its ways to win as well as all positions on the row to its right by +1.

  • Split Left - Same as above but to the left.

  • Split Reel - Increases the ways to win for all positions on the reel underneath it by +1.

  • Split One - Picks a random position on the reel underneath it and increases its ways to win by 1-6.

  • Spawn Phoenix - Spawns a Phoenix wild on a random position on the grid.

  • Spawn Reaper - Spawns a Reaper wild on a random grid position.

  • Respin - Locks all current Reapers and Phoenixes in place and triggers a re-spin. A re-spin happens even if there are no Reapers or Phoenixes.
    Splits

When a symbol is split, it increases the ways to win up to 6. Splitting a position that is already at 6 ways gives the position 6 Feather Wilds.

Power Up

If a Split symbol lands on a reel with a Reaper, it becomes powered up. Directional splits then increase ways to win by 2-6 rather than 1, and the Split one symbol boosts 2-5 positions instead of 1.

BONUS GAME

Landing 3, 4, or 5 Scatters gets you 6, 8, or 10 Free Spins, respectively. Scatters are sticky if there is a pending re-spin. The bonus starts with one Phoenix wild that remains in play and moves to a new position on every spin.

Any ways increase from the triggering spin carries over. Extra Phoenix symbols that land during the feature also persist and award 1 extra Free Spin. Landing Phoenix or Reaper symbols unlocks 1 Feature Row position per spin.

Any split positions, unlocked Feature Row positions, and any multipliers are persistent throughout the bonus game. Also, when a Phoenix or Reaper lands or moves to a position with increased ways to win, they absorb those ways, adding them to their multiplier.

The ways to win are returned to the position when the Phoenix or Reaper leaves.

The regular bonus round upgrades to a Super Bonus by landing a Super Bonus symbol on the last reel, opening all Feature Rows still locked, and activating the Powered Up effect. You’re also awarded 2 additional Free Spins.

X-ITER (BUY BONUS)

Clicking on the X-iter button gives you the following options:

  • Bonus Hunt (2.5x) - Each spin is 4x more likely to trigger the bonus game

  • Mega Hunt (5x) - Every spin has a 8x bigger chance of triggering the bonus game

  • Split Frenzy (50x) - One spin with all Feature Row positions unlocked and an increased chance of landing feature symbols in them. Also, Bonus symbols are replaced with Super Bonus symbols.

  • Bonus (100x) - Trigger the bonus game

  • Super Bonus (500x) - Guaranteed entry to the Super Bonus game with the entire Feature Row unlocked.

Performance

I didn’t run into any issues, and the game performed perfectly.

Max Win

Thanks to the generous 25,000x max multiplier, all you need is to hit it on a $6 bet, and the $150,000 max win is yours. The game accepts bets ranging from $0.20 to $6.

Conclusion

Phoenix Graveyard 2 slot cements itself as one of ELK Studios’ most atmospheric and feature‑dense releases. Between the Phoenix vs. Reaper Wild battles, reel‑splitting modifiers, Feature Row mechanics, and X‑iter buy options, this slot is built for high‑volatility thrill‑seekers.

The game delivers a hit frequency around 1 in 4 spins (25%), which is fine and keeps the tension simmering while you try to hunt down the 25,000× max multiplier.

Visually and thematically, it's dark and a lot less humorous than what we’re used to seeing coming out of ELK.

Its strategic potential lies in the interplay of persistent wilds, expanding multipliers, and cascading splits, especially during Bonus or Super Bonus rounds when features stack in dramatic fashion.

This isn’t a game for some mindless spins on the bus home from work. You need patience, understanding, and a taste for controlled chaos.

However, if you enjoy immersive design and layered mechanics with genuine risk-reward payoff, I’d say this game stands out as one of ELK’s most intricate and engaging slots to date.

Slot Details

Game Provider: ELK Studios
Game Type: Video Slots
PaylinesPaylines are preset lines that run across the reels, and when you land matching symbols on them, that will result in a payout. The more paylines, the more ways you can win, but also the higher your bet per spin.: 1,024+ ways
RTPRTP stands for “Return to Player.” The RTP describes the total bet amount that a game returns to players over millions of spins, and that figure is represented by a percentage. Table games, such as Roulette, typically have higher RTPs than many slots.

RTP needs to be considered in conjunction with a game’s volatility rate.
: 94%
Volatility RateSlot games can have low, medium, high, or extremely high volatility rates (or a combination thereof).

The less volatile the game, the more often it should pay out, but the lower the amount, the less the payout, as this is in keeping with the risk you’re taking. Volatility rate should be considered in conjunction with a game’s RTP.
: Medium/High
Bonus Round: Yes
Progressive: No
Free Rounds: Free Spins
Max Multiplier: 25,000x
Max Win: $150,000
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