Hacksaw Gaming is primarily a game provider and software developer within the online casino iGaming sector.
Hacksaw Gaming is primarily a game provider and software developer within the online casino iGaming sector.
Key titles include Wanted Dead or a Wild, Chaos Crew and Chaos Crew 2, Hand of Anubis, R.I.P. City, Dork Unit, Cubes 2, Stack ‘Em, Gladiator Legends, and the instant win Dare2Win™ series, notably Mines and Chaos Crew Scratch.
Hacksaw Gaming was founded in 2017 according to some sources and 2018 according to others, with the prevailing consensus around 2018 as the official establishment year.
The official company website is https://www.hacksawgaming.com.
Contact is generally through email ([email protected]) and online contact forms. The headquarters is in St. Julians, Malta. Specific phone numbers are not publicly listed; email support and business inquiries are common.
Specific founder names are not publicly detailed; the current CEO is Marcus Cordes. The company is publicly listed as Hacksaw AB (publ) and is owned by shareholders under this corporate structure.
The company headquarters is located in Malta.
Primary office is in St. Julians, Malta. Additional regional presence is implied through licensing and market reach but no detailed secondary office locations are publicly confirmed.
Hacksaw Gaming operates as Hacksaw AB (publ) with no widely published information on subsidiaries or affiliated companies. It is a standalone entity focused on game development and distribution.
Hacksaw AB is publicly traded on Nasdaq Stockholm under the ticker HACK.
The company projected a valuation around SEK 22 billion (approximately 2 billion USD) ahead of its Nasdaq Stockholm listing in 2025.
Marcus Cordes serves as CEO since August 2018. Other key management details are less publicly detailed.
The workforce size is between 11-50 employees, indicating a lean, focused development and operational team.
Specific annual revenue figures are not publicly detailed; as a publicly listed company, financial reports would be available through official filings. Industry peers of similar scale commonly report multimillion-dollar revenues.
Primary revenue streams derive from B2B sales of video slots, scratchcards, and instant win games licensed to online casino operators, plus backend services via their OpenRGS platform.
Detailed revenue segmentation by product line is not publicly disclosed; however, video slots and instant win games represent the core focus, likely forming the majority of income.
Hacksaw Gaming showed rapid growth since founding around 2018, expanding to over 150 games, 3000+ operator partnerships, and licensing in 35+ regulated markets within 5 years, reflecting aggressive expansion and adoption.
Plans include further geographical expansion into regulated markets such as Denmark and continued focus on North America with licenses in US states. Continued game releases (up to 4 per month) and platform innovations remain central.
Holds licenses from Malta Gaming Authority (MGA), UK Gambling Commission (UKGC), Swedish Gambling Authority (SGA), Hellenic Gaming Commission (Greece), Isle of Man Gambling Supervision Commission, and Alcohol and Gaming Commission of Ontario (AGCO), USA (NJ, PA, MI, WV) among others.
Licensed in over 35 regulated markets globally, including Europe (Malta, UK, Sweden, Greece, Denmark, Isle of Man), North America (Ontario Canada, New Jersey, Pennsylvania, Michigan, West Virginia USA), and others.
Regulated by MGA, UKGC, SGA, Hellenic Gaming Commission, Spillemyndigheten (Sweden), Isle of Man Gambling Supervision Commission, AGCO (Ontario), and US state regulators for licensed states.
Recent additions include the Swedish B2B license and Danish license effective January 2025, indicating ongoing regulatory efforts; no publicly disclosed pending applications beyond regular renewals.
Holds eCOGRA certification, ISO certifications for product compliance, and RNG testing certificates from independent labs audited for fairness and security.
No publicly known regulatory sanctions or penalties against Hacksaw Gaming have been reported.
Implements responsible gambling measures in games including features to promote player protection, limits on gameplay, and compliance with regulated market standards for player safety.
Fair gaming is ensured through RNG certification, regular independent testing, ISO standards adherence, and provision of safe gaming environments.
Adheres to AML procedures compliant with regulatory requirements in all licensed jurisdictions, requiring operator compliance and supporting AML tools integration.
Supports KYC compliance by providing software compatible with operator KYC processes dictated by licensing authorities.
Games and RNG are certified by independent testing labs and bodies such as eCOGRA to ensure fairness and compliance.
RNG mechanisms are certified by independent testing labs, meeting industry standards for randomness and fairness.
Fully compliant with GDPR data protection regulations, ensuring user data privacy across its operations in Europe and other jurisdictions.
Provides audit and compliance reporting to operators and regulators as required under license agreements.
Regular audits occur annually or per regulatory requirements to maintain certifications and licensing.
Holds a strong niche market position in mobile-first slots and instant win games, with a portfolio distributed to over 3000 operators worldwide, but smaller compared to top-tier giants.
Main competitors include Relax Gaming, Push Gaming, Red Tiger Gaming, Stakelogic, and other innovative slot and instant win providers.
Unique mobile-first vertical gameplay design, high-volatility focus, sharp edgy themes, fast integration via OpenRGS platform, strong regulatory compliance, and a growing global footprint.
Strongest in European regulated markets (UK, Malta, Sweden, Greece, Denmark) and expanding presence in North America (Ontario, NJ, PA, MI).
Well-regarded for innovation, high-quality game design, reliable platform, and strong compliance; favored by operators targeting mobile and streamer audiences.
Awards include Instant Win of the Year 2019 (Malta Gaming Awards), Slot Supplier Rising Star 2023 (EGR B2B Awards), Best Game Developer 2023 (Kongebonus Awards), plus multiple awards for game mechanics and player popularity.
Pricing is competitive within mid to premium provider range, reflecting quality, compliance strength, and mobile-first innovation.
Mobile-first slots with distinct artistic aesthetics, high volatility, streamer-friendly designs, and proprietary OpenRGS development and distribution platform.
Collaborates with multiple operators and distribution partners globally, including notable deals in Italy, Portugal, Bulgaria, and North America; platform collaborations through GR8 Tech.
Positioned as an innovative, risk-taking mobile-first gaming content provider targeting operator partners requiring edgy, high-volatility games with strong compliance.
Strengths include mobile-first innovation, strong regulatory footprint, and rapid game release cadence. Weaknesses include smaller portfolio size compared to mega studios and less diversification beyond slots and instant win.
Capitalizes on mobile gaming growth, high-volatility demand, streamer culture, and regulated market compliance trends.
Maintains proactive licensing strategy and compliance adaptation in multiple jurisdictions, enabling rapid entrance into new regulated markets.
Known for pushing mobile-first design, streaming-friendly game mechanics, and OpenRGS platform technology innovation.
Demonstrates agility with new licenses, rapid game releases (up to 4 per month), and platform upgrades.
Over 3,000 operator brands carry Hacksaw Gaming titles globally.
Major partners include BetRivers (North America), Alphawin (Bulgaria), Betclic (Portugal), Solverde.pt (Portugal), and various European and North American operators.
Serves online casino operators serving regulated markets, including large Tier 1 and Tier 2 operators focusing on mobile player segments.
Works primarily with Tier 1 and Tier 2 operators but also supports smaller Tier 3 operators through OpenRGS platform and partnerships.
Specific retention statistics not publicly available but consistent partnerships with major operators and ongoing license renewals indicate strong client retention.
Client acquisition via trade shows, industry awards recognition, strategic partnerships, and integration through platform partnerships like GR8 Tech.
Typical contract lengths range from one to three years, consistent with industry norms.
Provides selective exclusive deals based on operator negotiation and market potential but generally supports broad distribution.
Offers full integration and onboarding support including technical assistance and account management for new operators.
Provides tailored onboarding with integration support, testing, compliance guidance, and account management teams.
Offers client training programs and education resources focused on product familiarity and operational best practices.
Notable case studies include breakthroughs with BetRivers in North America, and successful launches in multiple European markets with partners like Alphawin and Betclic.
Uses feedback collection, direct account manager communication, and performance analytics to monitor client satisfaction.
Maintains regular communication channels, surveys, and support interactions to gather operator feedback.
Operates structured issue resolution protocols via account management and technical support teams.
Offers full integration and onboarding support including technical assistance and account management for new operators.
Develops video slots, digital scratchcards, and interactive instant win games designed for mobile-first play.
Releases up to four new game titles monthly, maintaining a steady pipeline of innovation and content refresh.
Has limited branded/licensed content; focuses more on original IP with distinctive artistic themes.
Covers diverse themes from gritty westerns, street art, mythology, retro cartoons, puzzles, to Japanese nostalgia and gladiator battles.
Provides demo and free play versions to operators for player testing and marketing.
Emphasizes high volatility with big win potential across most of its game portfolio.
RTP percentages typically range from industry standard 95% to 97% depending on game and market requirements.
Does not prominently feature progressive jackpot games in portfolio; focuses on fixed jackpot and high volatility mechanics.
Implements diverse bonus features including multipliers, cascading wins, cluster pays, expanding wilds, feature buys, and free spin modes.
All titles are optimized natively for mobile devices as a core design principle.
Games are localized into all major languages for operator market needs, covering 20+ worldwide currencies.
Provides game localizations and cultural adaptations appropriate for key global markets.
Accessibility features follow industry standards but no specific proprietary adaptive technologies publicly noted [general industry practice].
Uses HTML5 for frontend with proprietary OpenRGS backend platform; mobile-first design and cloud-based architecture.
All games built using HTML5 ensuring cross-platform compatibility and responsiveness.
Provides APIs for seamless game integration and distribution, including OpenRGS API access for partners and third-party developers.
Integration is designed to be streamlined and operator-friendly, supported by technical teams and documentation.
Offers comprehensive technical documentation and integration guides for operators and studios.
Does not broadly market white label or turnkey casino platforms; focuses on game content supply and backend gaming server solutions.
Operators can, to a degree, modify RTPs and bonus features as per market and license conditions.
Provides reporting and analytics tools for performance monitoring to operators.
Supports real-time gaming data and player statistics reporting for operators.
Employs best practice security measures including encryption, secure authentication, and compliance with data protection standards.
Handles updates and maintenance through centralized remote gaming server system ensuring seamless game patches and content refreshes.
Performs load testing and optimization to ensure smooth performance across devices and traffic volumes [industry standard].
Compatible with multiple wallet systems and operator payment integrations.
Supports common payment method integrations via operators including credit cards, e-wallets, bank transfers adaptable per market [industry standard].
Does not provide a full casino management system; focuses primarily on game development and the OpenRGS backend platform.
Provides back-office tools for game and player management, performance reporting, and regulatory compliance tracking.
Does not offer sportsbook or traditional betting solutions; focuses on casino gaming content.
Includes basic player management and CRM integration features via backend platform.
Supports bonus and promotion management integrations, facilitating feature buys and promotional hooks.
Offers CRM integration and customer management tools to operators.
Affiliate tracking and management is generally operator-handled, with some reporting support from provider platform [industry standard].
Provides marketing tools to support game promotions including demo modes, bonus features, and visual assets.
Includes responsible gambling tools compliant with licensed jurisdictions’ requirements, such as limit settings and session reminders.
Offers business intelligence and reporting features for operator performance and compliance management.
Fully supports multi-currency and multi-language operations tailored for global markets.
Payment processing is handled by operators; the provider supports integration compatibility [industry standard].
Supports integration with fraud detection systems though primarily implemented by operators [industry standard].
Offers tools to support regulatory compliance and reporting necessities for licensed operators.
Built on scalable cloud-based architecture with proprietary OpenRGS platform enabling rapid scaling and content delivery.
Focused investments in mobile-first design, streaming integration, and platform openness to emerging tech in gaming.
No current public indication of VR/AR game development; primarily focusing on mobile slots and instant games.
No verified public information on blockchain or cryptocurrency integration efforts.
No direct public documentation on AI/ML features; industry standard includes predictive analytics and player behavior monitoring [industry standard].
All games developed mobile-first with exclusive vertical orientation focus for smartphones.
Actively ensures compatibility across mobile and desktop but no public data on development for emerging platforms like consoles.
Provides data analytics tools for operators to personalize player experience and marketing.
No public patents or proprietary technology filings disclosed beyond OpenRGS platform IP.
Remains ahead via mobile-first innovation, rapid deployment, and embracing streaming and esports culture trends.
Ongoing investments in R&D focused on game mechanics, platform technology, and expanding regulated market reach.
No public info on partnerships with startups or universities; collaborations primarily with industry operators and platform partners.
Pioneered vertical mobile-first game design, cluster pays, feature buys, and streamer-friendly high-volatility mechanics.
Ensures cross-platform playability with HTML5, supporting desktop and mobile seamless gaming experiences.
Plans focus on expanding regulated market licenses, increasing game portfolio, and enhancing platform scalability and integration capabilities.
Primarily revenue share (RTP) models with fixed licensing agreements and platform service fees in select cases [industry standard].
Industry-standard revenue share percentages range between 30%-50% depending on deal structure and market [industry standard].
Typically involve setup fees covering integration and certification processes; exact fees vary per contract [industry standard].
Usually includes minimum monthly activity or volume commitments as part of standard agreements [industry standard].
Offers pricing tiers or packages depending on game portfolio breadth, market, and operator scale [industry standard].
Long-term contracts and high volume operators typically receive volume discounts and favorable terms [industry standard].
Pricing aligns with mid-tier and premium providers in the iGaming market.
Additional fees may apply for custom features, platform services, or exclusive content [industry standard].
Payment terms vary, commonly net 30 to net 60 days billing cycles [industry standard].
Some providers offer performance-based pricing, linking revenue to game performance metrics [industry standard].
Contracts generally include penalties or fees for early termination to protect business investments [industry standard].
Adding new games or features may incur development or integration charges depending on contract [industry standard].
Technical support and maintenance typically included or billed as separate service fees based on SLA level [industry standard].
Pricing may vary by geographic market due to local operating costs and regulatory fees [industry standard].
Many software providers negotiate terms flexibly to accommodate operator needs and market dynamics [industry standard].
Standard contract terms range from 1 to 3 years, with renewal options [industry standard].
Exclusive deals offered selectively based on operator potential and market strategy [industry standard].
May include minimum performance clauses or revenue guarantees in contracts [industry standard].
Intellectual property rights generally retained by provider with licensing granted to operators for game distribution [industry standard].
Contract disputes typically resolved via arbitration or mediation clauses included in agreements [industry standard].
Contracts specify notice periods which commonly range from 30 to 90 days for termination [industry standard].
Non-compete and NDA clauses standard to protect proprietary information and market interests [industry standard].
Provider agreements include liability and indemnification clauses to allocate risk appropriately [industry standard].
Force majeure provisions included to address extraordinary events beyond control of parties [industry standard].
Contracts mandate compliance with relevant gaming regulations and licensing conditions [industry standard].
SLAs commonly guarantee 99.9% system uptime and performance benchmarks [industry standard].
Data handling and player information transferred or deleted per contract and regulatory requirements upon termination [industry standard].
Operator marketing and branding must comply with provider guidelines and regulatory advertising standards [industry standard].
Operators generally require provider approval before launching promotional campaigns involving provider games [industry standard].
Contract modifications occur by mutual agreement with documented amendments [industry standard].
Provides comprehensive technical support including integration assistance, troubleshooting, and live incident management.
Support generally available during business hours with escalations and emergency support available 24/7 or per SLA [industry standard].
Support channels include email, ticketing systems, phone, and sometimes live chat [industry standard].
Response times for technical issues align with SLA terms, often within hours for critical issues [industry standard].
Dedicated account managers handle client relationships and ongoing service support.
Some providers offer consulting and advisory services to optimize integration and commercial success [industry standard].
Offers structured training and educational programs to operator staff on using software and games.
Certification programs or accreditations may be provided to familiarize operators with product and compliance [industry standard].
Provides clients with marketing assets including promotional materials, banners, and social media content.
Supports operators in regulatory compliance and licensing documentation as part of partnership agreements.
Full implementation and integration support provided during onboarding and beyond.
Premium support services may incur additional fees depending on coverage level and response terms [industry standard].
Operates structured issue resolution protocols via account management and technical support teams.
Structured escalation procedures with multiple tiers for unresolved client technical or operational issues [industry standard].
On-site support and consultation may be offered for key clients or geographic regions [industry standard].
Typically offers 99.9% uptime guarantees backed by SLAs [industry standard].
Maintains strong uptime and reliability records as required by regulator and contractual commitments [industry standard].
System maintenance and updates managed via remote deployment minimizing downtime [industry standard].
Disaster recovery and business continuity plans are standard to ensure service availability under adverse conditions [industry standard].
Uses backup systems and redundant infrastructure to safeguard data and gaming services [industry standard].
Provides real-time performance monitoring dashboards and comprehensive reporting tools [industry standard].
Implements traffic load balancing and scalable infrastructure to manage peaks [industry standard].
Uses advanced encryption, firewall protection, and continuous monitoring to guard against cyber threats [industry standard].
Conducts regular security audits and penetration tests annually or as required by regulations [industry standard].
Follows structured incident response protocols to address and mitigate security breaches promptly [industry standard].
Maintains communication channels to promptly inform clients of service issues or disruptions [industry standard].
May offer compensation or service credits in case of significant downtime per contractual agreements [industry standard].
Implements safeguards like hashing, encryption, and integrity checks to maintain data accuracy and security [industry standard].
Holds security certifications aligned with industry standards such as ISO 27001 and eCOGRA [industry standard].
Provides detailed system and game performance metrics regularly to operators and regulators [industry standard].
Typically, established game providers invest between 10% and 20% of revenues back into R&D efforts [industry standard].
Estimated developer/engineer headcount within the total small workforce between 11-50 employees, including development, QA, and support.
Priorities include mobile-first innovation, game mechanics development, platform scalability, and regulatory compliance technology.
Maintains dedicated agile development teams focused on game innovation and platform improvements [industry standard].
Exploring cloud technologies, streaming APIs, and enhanced mobile optimization [industry standard].
Integrates operator and player feedback via analytics and direct communication for continuous refinement [industry standard].
Product development cycles range from 3 to 6 months depending on game complexity [industry standard].
Collaborates with external developers through the OpenRGS platform to co-develop and distribute games.
Employs automated and manual QA testing, regression tests, and compliance verification before release [industry standard].
Prioritizes features based on market demand, player engagement metrics, and operator feedback [industry standard].
Operates beta testing programs with select operators to refine games pre-launch [industry standard].
Protects IP through copyrights, trademarks, trade secret management, and contractual NDA protections [industry standard].
Uses agile and scrum methodologies for efficient iterative development and rapid market response [industry standard].
Ensures cross-platform compatibility through HTML5 and responsive design best practices.
Focuses on mobile-first UX/UI principles with vertical screen orientation and intuitive navigation for thumb control.
Planning further entry into regulated North American states and European markets such as Denmark and Italy.
Continues to pursue new licenses for expansion in regulated markets; no current specific pending license public details.
Plans include broad geographic expansion aligned with licensing acquisitions and strategic partnership development.
Concentrates on video slots, scratchcards, and instant win games; no public plans on new verticals such as live casino or sportsbook.
No publicly reported M&A activity; partnerships focus on distribution and market entry.
Competes by leveraging mobile-first innovation, streamer appeal, and strong compliance to differentiate from emerging entrants.
Invests in marketing via industry events, streaming partnerships, and operator collaborations to increase brand visibility.
Exploring integrations with new platform aggregators and geographic market channels.
Adapts game design and features to evolving player demands focusing on mobile engagement and high volatility.
As an agile innovator, it positions itself as a growth-focused player amid wider industry consolidation trends.
No current public plans for proprietary hardware development.
Maintains compliance readiness through proactive licensing and dedicated regulatory teams.
Continues focus on product innovation, compliance strength, and platform scalability to maintain edge.
Fully embraces mobile-first trends with all titles designed primarily for smartphone vertical screens.
Does not currently offer live dealer gaming; focuses on digital slots and instant win.
No current offerings in esports or virtual sports betting.
No verified efforts or public information regarding cryptocurrency or blockchain integration.
No specific AI personalization features publicly detailed but may adopt predictive analytics as standard industry practice [industry standard].
Maintains compliance with responsible gambling regulations and implements player protection tools.
Targeting growth in North America and Europe, focusing on regulated, high-value markets.
Supports integration with evolving payment methods through operator partnerships [industry standard].
Supports multi-device play but no explicit omnichannel marketing platform noted.
Employs proactive licensing and compliance strategies to meet increasing regulation.
Prioritizes GDPR and global data privacy with robust security measures.
Focuses on hiring skilled talent to support innovation and compliance, with retention strategies typical to tech sector [industry standard].
Continuously adapts products to meet operator and player expectations for mobile-first, high-volatility gaming.
Utilizes cloud technology via proprietary OpenRGS platform to enable scalability and performance.
Optimizes games for fast load times and smooth mobile gameplay using HTML5 and lightweight design.
Developing advanced analytics tools to support operator decision-making and personalized player engagement.
Continuously improves APIs for ease of integration and enhanced partner experience.
Implements ongoing security upgrades in encryption, authentication, and data protection.
Invests in scalable backend infrastructure to support global operator growth.
Adopts modern web development tools aligned with HTML5 and mobile technologies.
Enhances CMS tools for smoother content updates and distribution.
Exploring machine learning for player behavior prediction and game optimization [industry standard].
Continuously upgrading QA processes with automated testing and compliance verification.
Utilizes digital collaboration tools common in remote agile software teams [industry standard].
Enhances CMS tools for smoother content updates and distribution.
Pursuing automation in testing, deployment, and monitoring to increase efficiency [industry standard].
Preparing for next-gen mobile-first and streaming-compatible games.
Modernizing legacy platform components to improve performance and compliance [industry standard].