Hacksaw Gaming Slots & Games – Review & RTP Guide
Company Facts
| Founded | 2017 |
|---|---|
| Headquarters | Msida, Malta |
| Licenses | Malta Gaming Authority (MGA), UK Gambling Commission (UKGC) |
Key Facts
Hacksaw Gaming is a slot and scratchcard studio founded in 2017 and headquartered in Msida, Malta, launching its first products in 2018 under CEO Marcus Cordes, a former Multilotto COO. The studio initially focused on digital scratchcards before pivoting to video slots in 2019, releasing its debut slot, Pocketz, that year. Hacksaw is licensed by the Malta Gaming Authority and the UK Gambling Commission, and is best known for extreme-volatility titles such as Wanted Dead or a Wild, which carries a maximum RTP of 96.38% and a listed max win of 12,500x stake through its 'DuelReels' mechanic, and the Chaos Crew series, built around sticky-wild features. In June 2025 Hacksaw completed an initial public offering on Nasdaq Stockholm under the ticker HACK, pricing at SEK 77 (about EUR 6.96) per share and implying a valuation of roughly EUR 2 billion; existing shareholders, including founders and management, retained the large majority of the company after listing. Unlike NetEnt, Red Tiger, Big Time Gaming and Nolimit City, Hacksaw is not owned by Evolution AB — it is an independent, publicly listed company.
- Founded 2017 in Msida, Malta; launched its first products in 2018 under CEO Marcus Cordes, a former Multilotto COO.
- Started with digital scratchcards before pivoting to video slots in 2019, releasing debut slot Pocketz that year.
- Licensed by the Malta Gaming Authority and the UK Gambling Commission.
- Known for extreme-volatility titles such as Wanted Dead or a Wild (96.38% max RTP, 12,500x max win) and the sticky-wild Chaos Crew series.
- Completed an IPO on Nasdaq Stockholm in June 2025 (ticker: HACK) at an implied valuation of roughly EUR 2 billion; remains independent, not owned by Evolution AB.
More Games from Hacksaw Gaming
ITERO 
SCRATCH! Platinum 
SCRATCH! Gold 
SCRATCH! Silver 
Express 200 Scratch 
Scratchy FAQ
Is Hacksaw Gaming owned by Evolution?
No. Hacksaw Gaming is an independent company. In June 2025 it completed an initial public offering on Nasdaq Stockholm under the ticker HACK, at an implied valuation of roughly EUR 2 billion, and is not owned by Evolution AB or any of the studios Evolution has acquired.
What is Hacksaw Gaming best known for?
Hacksaw Gaming is known for extreme-volatility slots such as Wanted Dead or a Wild, which carries a maximum RTP of 96.38% and a listed max win of 12,500x stake, and the sticky-wild Chaos Crew series.
When was Hacksaw Gaming founded?
Hacksaw Gaming was founded in 2017 in Msida, Malta, and launched its first products in 2018 under CEO Marcus Cordes.