Hacksaw, the Nasdaq Stockholm-listed slot and instant-game supplier, launched a B2B prediction markets platform on 15 October 2026 after the Malta Gaming Authority (MGA) extended its B2B Critical Gaming Supply licence to Type 3 Gaming Services. The Hacksaw prediction markets product lets operators run peer-to-peer markets under their own brands.
The company confirmed both the launch and the licence change in a statement on 15 October. Hacksaw will not take customers itself. It supplies the technology, infrastructure and volume frameworks, while operators keep the player relationship.
The MGA licence extension
Hacksaw already held MGA approval for Type 1 Gaming Services under its supply licence. The extension adds Type 3, which the company said authorises it to offer B2B peer-to-peer prediction market services under the Maltese framework.
In the MGA’s licensing structure, Type 1 covers casino-style games of chance played against the house. Type 3 covers games where players compete against each other and the operator earns a commission, the category used for poker and betting exchanges.
How the Hacksaw prediction markets platform works
Operators connect through their existing Hacksaw integrations and do not need to build or maintain the underlying technology. A “connected volume framework” pools peer-to-peer participation across Hacksaw’s operator network, so a new operator can draw on shared capacity from launch day, according to the company.
Hacksaw said it built the platform with its current development team and within its existing cost base. Operators keep ownership of their brands, customer relationships and front-end experience.
Because we already work closely with operators across multiple jurisdictions, we believe we can provide a streamlined path to market while leveraging the technology, integrations and commercial infrastructure that we have spent years developing.
Marcus Cordes, Operational CEO, Hacksaw Gaming
Cordes became Operational CEO on 1 January 2026, when Hacksaw reshaped its executive team.
A supplier model for a contested product
Hacksaw cited an estimate by research firm Bernstein that annual prediction market trading volumes could reach about $1 trillion by 2030. The company describes the move as an extension into an adjacent vertical alongside its slots, scratch cards and crash games.
This launch reflects our strategy of extending Hacksaw’s technology ecosystem into adjacent verticals where we believe we can create long-term value for customers, partners and shareholders while further strengthening our role within the broader online gaming landscape.
Ana Vrabic Verdir, Group CEO, Hacksaw Group
European regulators remain split on the product. Malta was weighing the first EU framework for prediction markets in March, and Spain blocked Kalshi and Polymarket in May. In April, Gibraltar pushed for prediction markets as EU regulators held back.
Next steps
The 15 October release named no launch markets, first operator partners or go-live date. Hacksaw shares trade on Nasdaq Stockholm under the ticker HACK; the company gave no revenue or cost guidance for the new vertical.
Source: Hacksaw
