Hacksaw Gaming

Hacksaw Gaming is a Stockholm-based iGaming studio founded in 2018 that has rapidly established itself as one of the industry's most technically ambitious content providers. Built on a proprietary Remote Gaming Server (RGS) platform, the company is best known for its slots, scratchcards, and instant win games — but has been making inroads into the crash and instant win space with titles like Limbo and Cash Compass, bringing the same high-volatility, player-first design philosophy that defines its broader catalogue.

History

Hacksaw Gaming was founded in 2018 in Stockholm, Sweden, initially concentrating on building its proprietary RGS platform before expanding into game development. Growth has been exceptional: by FY 2025 the studio had grown to approximately 290 games in its portfolio, a team of over 250 employees across four offices, and revenue reaching €161 million — up from €26 million in FY 2022. In 2023, Hacksaw opened its RGS to third-party studios through the OpenRGS partnership programme, allowing external developers to build and distribute on its infrastructure. The company's content now reaches players across more than 35 regulated markets and over 3,000 casino brands globally. In early 2026, Hacksaw also launched Hacksaw Ventures, an investment and acceleration arm targeting early-stage iGaming startups, signalling its ambitions well beyond pure game development.

Crash Game Catalogue

Hacksaw's crash catalogue is focused rather than sprawling, with Limbo and Cash Compass representing the studio's primary entries in the genre. Consistent with the studio's broader design approach, these titles lean into clean mechanics, strong mobile optimisation, and the kind of moment-to-moment tension that keeps players engaged. Hacksaw typically favours high-volatility structures across its portfolio, and its crash offerings follow suit — rewarding patient, higher-risk play styles. Specific published RTP figures for individual crash titles should be confirmed in-game or via the operator's game information panel, as these can vary by market and operator configuration.

Licensing & Compliance

Hacksaw Gaming holds licences from three of the most rigorous regulatory bodies in the industry: the Malta Gaming Authority (MGA), the UK Gambling Commission (UKGC), and Spelinspektionen (Sweden). Beyond these sheet-verified licences, the company holds a total of 14 licences and permits globally as of FY 2025, covering a mix of point-of-consumption and point-of-supply jurisdictions including several US states. This regulatory depth gives operators and players strong assurances around fairness, responsible gambling standards, and financial security.

Verdict

Hacksaw Gaming is not a crash-first studio, but that is precisely what makes its entries in the genre interesting. A provider with proven technical infrastructure, elite regulatory standing, and a track record of high-margin, high-quality releases brings genuine credibility to whatever format it touches. Limbo and Cash Compass are worth exploring for players who appreciate polished mechanics over gimmick-heavy design, and for operators seeking crash content from a supplier with robust compliance credentials and global distribution reach.