Hacksaw
Hacksaw is a Malta-based studio founded in 2017, producing slots, scratchcards and instant win games under licences from the MGA and UKGC, with eCOGRA among its auditors.
Its catalogue spans narrative slots with bonus features, fast instant-win formats and a new crash-betting title, suiting different styles of play rather than one type of player.
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Hacksaw Casinos — Games, Fairness and Where to Play
Hacksaw titles sit in 138 catalogue entries tracked here, which places the studio 2nd of 519 providers ranked by how many casinos carry their games. Founded in 2017, Hacksaw built its early identity around modernising the scratchcard format, then expanded into slots and instant win games, and by the first quarter of 2026 its portfolio had grown to 320 titles.
Who Is Hacksaw
Hacksaw operates as HGMT Ltd., a company incorporated in Malta under registration number C84111, with its registered office in Zebbug and its operational headquarters in Msida. The studio is licensed by the Malta Gaming Authority (MGA) and holds a UK Gambling Commission (UKGC) licence numbered 000-054059-R-331396-002, alongside approvals from the Swedish Gambling Authority, the Romanian National Gambling Office (ONJN), the Alcohol and Gaming Commission of Ontario, the Isle of Man Gambling Supervision Commission, and gaming regulators in West Virginia, New Jersey, Pennsylvania, Michigan and Connecticut. Its games reach players across the United Kingdom, Malta, Sweden, Romania, Greece, Denmark, the Isle of Man, Latvia, the Netherlands, Italy, Ontario and several regulated US states.
A licence list this long means the game version a player sees can differ between markets, since each regulator sets its own rules for stake limits and bonus mechanics on titles released under that licence. Checking which licence applies to a casino before playing a Hacksaw title is worth doing for that reason, not as a formality.
Hacksaw completed an initial public offering on Nasdaq Stockholm in June 2025 under the ticker STO:HACK, at an implied valuation of roughly EUR 2 billion, and its games reach more than 250 operator brands across over 3,000 regulated markets.
Which Hacksaw Games Suit Which Player
Players who want slot mechanics built around a running storyline and bonus features have the larger share of the Hacksaw catalogue to choose from: titles such as Stick 'Em, Chaos Crew, Chaos Crew 2, Hand of Anubis, Gladiator Legends, Le Bandit, R.I.P. City and Dork Unit sit in this group. Chaos Crew 2 was named Game Feature of the Year at the SBC Awards 2024, which makes it a reasonable starting point for a player specifically looking for a bonus-heavy slot rather than a plain reel game. Wanted Dead or a Wild is not singled out by the studio itself in its own marketing, but it is confirmed as one of the more played titles in the lineup, which makes it a sensible reference point for a player who wants a title with a track record rather than a brand-new release.
Players who prefer quick, low-engagement rounds closer to the studio's scratchcard and instant win roots are better served by titles such as Plinko, Mines and Limbo, which trade the reel-and-bonus structure for a faster, simpler decision loop each round. A player who wants a betting mechanic built around a rising multiplier rather than reels at all now has Moneyplane Bail2Win, the title through which Hacksaw entered the Crash Games category.
All of Hacksaw's titles are built for mobile-first, vertical play, which matters for a player who mainly games on a phone rather than a desktop browser: the layout and controls do not need to be rotated or resized to work on a handset. This group of titles is also where the studio releases most often, with new in-house games added on a near-monthly schedule, so a player checking back on mobile casinos regularly for fresh releases will find Hacksaw's output among the more active.
How Hacksaw Games Are Tested for Fairness
eCOGRA is listed among Hacksaw's auditors, the body that reviews game fairness and payout behaviour for the titles it certifies. Hacksaw also holds ISO 27001 certification, an information-security standard, and its games go through third-party RNG and fairness testing before release. None of this guarantees a particular outcome on a given spin or round: RTP is a theoretical figure that only describes return over a very long run of play, not what happens in any single session, and a slot cannot be "due" for a win after a losing streak regardless of how many rounds have passed.
Common Misconceptions About Hacksaw Games
A common assumption is that Hacksaw is primarily a slot studio with a side catalogue of minor extras. The studio was in fact established in 2017 specifically to modernise the scratchcard format, and its current range covers slots, scratchcards and instant win games as core categories, with a newly launched entry into Crash Games through Moneyplane Bail2Win rather than a one-off experiment.
Another misconception treats Hacksaw as a small or niche supplier because its name is less familiar than some older studios. A portfolio of 320 titles as of the first quarter of 2026, distribution to more than 250 operator brands in over 3,000 regulated markets, and a public listing on Nasdaq Stockholm at an implied valuation of roughly EUR 2 billion point to a studio operating at a considerably larger scale than its public profile might suggest.
Verdict on Hacksaw's Game Portfolio
Hacksaw sits 2nd of 519 providers by the number of casinos carrying its games, a position behind providers such as Spinomenal, which is carried by 143 casinos, and ahead of Endorphina and Betsoft, each carried by 134–136 casinos, with Yggdrasil sitting at 134 as well. The gap between the top of that group is narrow, which means the practical difference for a player is less about how widely a studio is carried and more about whether its specific titles — scratchcard-style quick rounds, bonus-feature slots, or the new crash-betting format — match what that player actually wants to play. Awards such as the SiGMA Rising Star Award and Slot Provider of the Year at the 2024 EGR B2B Awards, together with the recent launch of a B2B prediction markets platform under MGA Type 3 approval, point to a studio still actively expanding beyond its original scratchcard focus rather than one settling into a fixed catalogue.
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Update history
- Oct 22, 2026 — New sections: Who Is Hacksaw, Which Hacksaw Games Suit Which Player, How Hacksaw Games Are Tested for Fairness and 2 more; removed: Who Is Hacksaw Gaming, Games and Signature Mechanics, RTP, Volatility and Fairness and 4 more; 23 facts added, 18 no longer stated.
- Sep 14, 2026 — Selection count updated to 512
- Aug 26, 2026 — Added studio licensing, eCOGRA audit, peer ranking, and currency-range comparison across Hacksaw casinos
Hacksaw – FAQ
Which casinos carry Hacksaw games?
Hacksaw titles appear across 138 catalogue entries tracked here, which places the studio 2nd of 519 providers ranked by the number of casinos carrying their games.
What is the most popular Hacksaw game?
Wanted Dead or a Wild is confirmed as one of the more played Hacksaw titles, although the studio itself does not single it out in its own promotional material.
Who audits Hacksaw games for fairness?
eCOGRA is listed among Hacksaw's auditors, and the studio also holds ISO 27001 certification and runs its games through third-party RNG and fairness testing before release.
Does Hacksaw only make slots?
No. Hacksaw was founded in 2017 to modernise the scratchcard format and its range covers slots, scratchcards and instant win games, with a 2026 entry into Crash Games through Moneyplane Bail2Win.
Where is Hacksaw licensed?
Hacksaw holds licences from the Malta Gaming Authority, the UK Gambling Commission, the Swedish Gambling Authority, the Romanian National Gambling Office, the Alcohol and Gaming Commission of Ontario, the Isle of Man Gambling Supervision Commission, and gaming regulators in West Virginia, New Jersey, Pennsylvania, Michigan and Connecticut.
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