Hacksaw Gaming: the listed slot studio

Hacksaw Gaming makes online slots, scratch cards and instant win games, and runs them on its own game server. The company behind it, Hacksaw AB, has been on the Stockholm stock exchange since June 2025. Here is what it says about itself, and where it says it.

By Kyle Parker. Updated October 28, 2026.

Young, and public

Hacksaw was "founded in 2018", according to its group about page, and spent its first stretch building its remote gaming server, the system the games run on, before releasing games into more and more markets. In 2023 it began offering that server to other studios, under the name OpenRGS.

The parent is Hacksaw AB, a Swedish company. Its shares began trading on Nasdaq Stockholm on 25 June 2025 under the symbol HACK, by its first-day release, which valued it at about EUR 2.0 billion. The licensed company is HGMT Ltd, registered in Malta, which the group site describes as "a fully owned subsidiary of Hacksaw AB".

I like a listed supplier for one plain reason. It has to publish its accounts, so anyone can read how it makes its money, on the group's investor pages. That's more than most of this business offers.

What it makes

Slots first, then scratch cards and instant win games, and the Hacksaw Gaming site notes it has launched its first crash game. The homepage shows titles such as Epic SixSixSix, Coffee Dealer, The Jade Path Hold & Win, Wicked Grin and Demonic Dolls. It describes its slots as mobile-friendly and "powered by our industry-leading Remote Gaming Server platform".

Scratch cards and instant win games are worth a word, because they are over in a second. A slot spin is quick too, but an instant game takes the decision out of your hands even faster, and the number of plays an hour is what turns a small edge into a real cost. I'd look at the return in the help screen of any of them before playing, the same as a slot, and the RTP guide explains what that figure promises and what it doesn't. The slots guide covers the rest.

Its own server

Running its own server is the thing that sets Hacksaw apart in its own telling. The games don't sit on someone else's system, and with OpenRGS other studios can build on it and reach casinos through Hacksaw's connections. For you, the player, it changes little. The game is still tested, approved and run under the same regulators as anyone else's, and it's the casino that decides which games it offers you.

Licences it lists

The group's licences page lists 18 licences and approvals. Among them: the Malta Gaming Authority, the UK Gambling Commission, Sweden's Spelinspektionen, Denmark's Spillemyndigheden, Greece, Romania, Ontario, Alberta and Curaçao. In the U.S. it lists New Jersey, Pennsylvania, Michigan, West Virginia and Connecticut, with Michigan's shown as a provisional supplier licence.

The page gives numbers for three. The Malta Gaming Authority licence is MGA/CRP/501/2018, the Swedish permit is 23Si638 and the UK account is 54059. We checked the UK one at the regulator: the Gambling Commission's register shows HGMT Limited, account 54059, with active remote licences for gambling software and as a casino game host, both since 2 October 2019. The Malta register is a search tool that didn't return entries to us, so the Malta number is as Hacksaw lists it.

I'd read a list like this for what it is. A supplier licence lets Hacksaw sell games to casinos licensed in that place. It isn't a casino licence, and it says nothing about whether a site offering you the games is allowed to.

Where you'll find it

None of the casinos we have reviewed so far names Hacksaw among its game makers; the casino directory filters by provider as reviews are added. Whether you can play for money depends on where you live. If the quick games start costing more than you meant to spend, the responsible gambling page says where to get help.