Hacksaw Gaming NZ: casino games provider review

Best NZ Casinos with Hacksaw Gaming Pokies in 2026

Hacksaw Gaming titles are available across licensed online casinos through direct operator integrations and iGaming aggregation platforms. Game availability depends on the casino, the distribution platform, and local certification requirements.

The provider distributes its content directly to operators and through B2B aggregation platforms used by online casinos to expand their game libraries. Its games are available via platforms such as SoftSwiss, Relax Gaming, and other major iGaming infrastructure providers.

Game availability varies between jurisdictions depending on local regulations, operator agreements, and platform-specific distribution settings.

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Why Players in New Zealand Choose Hacksaw Gaming Pokies

Hacksaw Gaming is known for fast-paced gameplay, a distinctive visual style, and proprietary mechanics. The portfolio includes traditional video slots, along with instant win games and scratch cards.

Here’s what typically stands out across its games:

• gameplay moves quickly, with minimal downtime between features and spins;
• visual design is distinctive, often with a clear thematic identity per release;
• proprietary mechanics play a key role in how wins and bonuses are structured;
• new releases are added regularly;
• games are available across multiple formats, including slots, instant win titles, and scratch cards;
• titles are distributed across regulated markets;
• distribution runs through major operators and aggregation platforms;
• games are fully supported across mobile and desktop.

Who Should Play Hacksaw Gaming Pokies?

Hacksaw Gaming titles are designed for players who prefer dynamic gameplay and modern slot design.

They appeal to players who:

• enjoy fast-paced, high-volatility gameplay with noticeable variation between sessions;
• see bonus rounds and mechanics as a core part of the experience;
• prefer modern pokies with a defined visual identity and clear themes;
• are comfortable with longer sessions where results can vary significantly;
• primarily play on mobile devices;
• use licensed casinos with broad international game libraries;
• prefer platforms with a focus on slots (pokies).

Popular Hacksaw Gaming Pokies in NZ

These pokies combine distinctive visuals with gameplay systems typical of Hacksaw Gaming, based on high-volatility mechanics and feature-driven bonus structures.

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Game Features & Mechanics

Hacksaw Gaming’s mathematical model focuses on high-volatility pokies, with multipliers, modifiers, and extended bonus rounds within a single session. The structure meets standard regulatory requirements, with RTP settings defined at operator level and game maths tested and certified under standard compliance testing frameworks.

Most titles in the provider’s portfolio are characterised by:

• high variance and extended gameplay cycles;
• variable RTP settings depending on the operator;
• use of non-standard gameplay modifiers;
• a wide range of maximum win potential;
• fast-paced gameplay flow.

Core Game Architecture: Multipliers, Modifiers and Persistent Elements

Most Hacksaw Gaming pokies are built on classic reel layouts (5x5, 5x4, 6x6), layered with additional features and modifier systems integrated into the base game.

A key feature of the portfolio is the use of persistent elements — mechanics that carry over or evolve during bonus rounds.

• incremental multiplier growth;
• retention of selected symbols on the reels;
• accumulation of bonus progression between spins.

In addition, many titles include:

• cascading wins;
• accumulating multipliers;
• sticky symbols;
• evolving bonus modifiers;
• combinations of multiple features within a single bonus round.

Signature Hacksaw Gaming Mechanics

Stackways

One of the most recognisable mechanics in the Hacksaw Gaming portfolio.

The Stackways system adjusts reel height dynamically, changing the number of possible win combinations.

Often combined with:

• cascades;
• multipliers;
• expanding reels;
• persistent bonus mechanics.

DuelReels

A split-reel system where a separate section of the grid runs independently from the main game area.

These sections can:

• trigger independent multipliers;
• activate additional features;
• contribute separately to total wins.

Progressive Multipliers

Across many Hacksaw titles, progressive multipliers build up during bonus rounds.

They may:

• increase after each win;
• accumulate across cascading sequences;
• apply across the full game screen;
• remain active until the bonus round ends.

RTP & Volatility

Hacksaw Gaming pokies typically sit around an RTP of approximately 96.2%–96.5%. However, many titles support multiple RTP settings depending on the operator, with lower configurations in some cases dropping to around 94% or slightly below.

Most games are designed with high to very high volatility, meaning results can vary significantly within a single session.

This means returns and hit frequency can differ between casinos depending on the RTP setting chosen by the operator.

Maximum Win Potential

Maximum win potential in Hacksaw Gaming pokies varies by title and can range from 10,000x up to 66,666x the stake.

Most games sit in the 10,000x–20,000x range, while select titles go higher thanks to bonus mechanics and multiplier-driven features.

In most cases, the biggest wins are achieved during bonus rounds or feature-based gameplay.

Bonus Buy Feature

The Bonus Buy feature isn’t available in all Hacksaw Gaming pokies, but it appears in many modern releases. It allows players to jump straight into the bonus round, skipping the base game.

Pricing varies by title, typically around 100x–200x the stake, although some games fall outside this range depending on the game structure.

Bonus Buy implementations can also differ. In some pokies it triggers a standard bonus round, while in others it unlocks enhanced versions with higher multipliers or adjusted volatility settings.

This gives players a choice between regular gameplay or direct access to bonus features, depending on availability.

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Jackpots & Bonus Features

Unlike some major iGaming providers, Hacksaw Gaming doesn’t focus on traditional progressive jackpots as a core product line. Instead, the emphasis is on in-game bonus mechanics with high win potential rather than network jackpot systems.

Compared to more traditional bonus formats seen with providers like NetEnt or Play’n GO, Hacksaw Gaming features tend to be more dynamic, with multiple mechanics working together at the same time. As a result, bonus rounds can feel less predictable than standard free spins.

A notable part of the portfolio also includes instant win games and scratch cards, where gameplay uses quick-trigger features, multipliers, and instant bonus outcomes rather than longer bonus sequences.

Company History

Key Development Milestones

• 2018 — Hacksaw Gaming is founded as a B2B game studio, launching its first HTML5 pokies for online casino operators.
• 2019–2020 — First commercial releases go live, alongside expansion into regulated European markets. The company starts scaling its portfolio and operator network.
• 2021 — Expansion into instant win games and scratch cards, strengthening its position in the fast-paced gaming space.
• 2022 — Growing industry recognition, with releases like Stack’em and Hand of Anubis becoming part of its early high-volatility lineup.
• 2023 — Launch of the OpenRGS™ platform and shift toward a more scalable development model. The release of Wanted Dead or a Wild further defines the provider’s signature style, combining layered mechanics with high-intensity gameplay.
• 2023–2024 — Expansion of the OpenRGS™ ecosystem and higher release output from both in-house and partner studios, moving toward a platform-driven content model.
• 2025 — Listing on Nasdaq Stockholm and transition into a public company, alongside continued growth in portfolio and distribution reach.
• 2026 — Ongoing expansion of OpenRGS™ through new partner studios and continued growth in overall content output across the ecosystem.

Business & Market Presence

Hacksaw Gaming operates as a B2B gaming content supplier, focused on fast-paced pokies production and distribution through online casino networks and aggregator platforms. This setup allows the company to scale without direct interaction with players.

Most releases remain concentrated in European online casinos, although the provider’s games are also available in other regions where local iGaming markets are still developing.

At the core of its infrastructure is the proprietary OpenRGS™ platform, used to develop and integrate games both internally and with partner studios. It reduces reliance on individual distribution channels and helps speed up time-to-market for new releases.

Compliance requirements shape how the business operates across regulated markets. Combined with continued access to licensed jurisdictions, this supports stable long-term revenue performance.

Growth at Hacksaw Gaming comes not only from an increasing number of releases, but also from the expansion of its partner ecosystem around the platform. This has helped the company establish a steadily growing presence across the online casino industry.

Ownership & Management

Hacksaw Gaming was founded in 2018 as an independent studio focused on building slot games for online casinos. After its listing on Nasdaq Stockholm in 2025, the company became publicly traded, while a significant share of ownership remains with founders and early investors.

CEO Marcus Cordes plays a central leadership role, overseeing the company’s transition from a small studio into an established iGaming supplier.

The combination of public listing and continued founder involvement is generally viewed as a sign of operational stability, with a focus on long-term development rather than short-term financial priorities.

Financial Results

Following its listing on Nasdaq Stockholm in 2025, Hacksaw Gaming began releasing more detailed financial reports. The available data shows revenue growth and high profitability, with an expanding operator network and a growing number of game releases.

The company continues to show growth compared to other publicly listed B2B companies in the iGaming sector. Between 2022 and 2024, Hacksaw Gaming’s revenue increased more than fourfold, from €32m to €137.1m, while EBITDA margins stayed consistently in the 83–86% range.

For the first half of 2025, revenue grew by 61% year-on-year, with revenue reaching €90.4m, which shows continued growth even as the business reaches a more mature stage.

Market Expansion

Hacksaw Gaming initially focused on regulated European markets, where it built its core base of partner casinos and early integrations. Today, most of its presence remains concentrated across EU countries and the United Kingdom.

Over time, the provider’s games expanded beyond Europe into North America and selected emerging markets, where regulatory frameworks are still developing and both demand and operator infrastructure continue to mature. Licensing and certification requirements influence how and when new markets are entered.

A clear distinction remains between fully regulated markets and emerging jurisdictions. Distribution is adjusted to meet local rules while maintaining availability where licensing allows.

Instead of relying on physical presence in each region, Hacksaw Gaming distributes its content through online casino integrations and aggregator platforms. Games are then delivered directly into operator lobbies across multiple markets.

Partnerships & Deals

Hacksaw Gaming develops its OpenRGS™ platform, which lets independent studios build and release games for online casinos. Instead of growing through acquisitions, the company focuses on a partner-led ecosystem built on shared technology.

Since OpenRGS™ launched, a number of third-party studios have joined the network, increasing overall game output without the need for direct takeovers.

These include: Backseat Gaming, Bullshark Games, HZF Studios, GMG Studios, NowNow Gaming, Jinx Gaming, Pineapple Play, Foxhound Games, Kitsune Studios, Aloha Gaming, Good Times Studios.

Growth in the catalogue comes mainly from onboarding external studios, which helps the platform scale faster and keeps release volume high.

Growth Strategy

Hacksaw Gaming focuses on scaling its own content through a platform-based model. Rather than buying up studios, it builds around its existing network of games and partner developers.

OpenRGS™ sits at the centre of this setup, connecting internal teams with external studios in one shared production flow. This keeps releases consistent without changing how the games themselves are built.

In practice, the focus is on producing more content, supporting more studios, and reaching a wider range of casino operators.

There is also ongoing work to adjust games for different regulatory requirements and expand reach through existing distribution channels.

Team & Offices

Hacksaw Gaming operates with a distributed team that develops and releases games for online casinos. Core development and technical work is kept in-house to maintain consistency and control over quality.

A remote-first setup reduces reliance on physical offices and makes it easier to scale the team as production demand increases.

Overall, this structure gives the company more flexibility and allows it to expand output without the constraints of a traditional studio setup.

Licensing, Security & Fair Play

Licensing

Hacksaw Gaming (through HGMT Ltd and other group entities) is licensed and regulated across several key jurisdictions. The company operates as a B2B supplier of gaming content, providing software only to licensed operators. This means all player activity is handled by regulated casino partners rather than the provider itself.

The company also operates across additional regulated markets through local approvals and certified operator integrations, depending on jurisdiction.

Game Certification and RNG

All Hacksaw Gaming titles are tested by independent laboratories before being released in regulated markets. Certification is required for market access and can influence launch timing, operator onboarding, and RTP consistency across different regions.

Testing usually includes:

• correct functioning of RNG (Random Number Generator)
• validation of slot mathematical models
• RTP compliance with stated values
• payout stability and game behaviour
• technical compliance with regulatory standards

Main testing laboratories:

• iTech Labs
• Gaming Laboratories International (GLI)
• BMM Testlabs
• eCOGRA

These are iGaming testing bodies used for certification and regulatory approval across licensed markets.

Player Protection

Hacksaw Gaming does not operate as a gambling operator. It acts as a B2B content supplier, while player protection is managed by licensed casino operators.

Operators typically provide tools such as:

• deposit and betting limits
• self-exclusion options
• player activity monitoring
• responsible gambling controls required under licence conditions

All games are distributed exclusively through licensed platforms, which must follow local regulatory and responsible gambling requirements in their respective markets.

Awards & Industry Recognition

Hacksaw Gaming has received nominations across several major iGaming industry awards. Below is a summary of its key appearances by year and category.

Most of Hacksaw Gaming’s nominations are tied to game design and slot mechanics rather than broader corporate or financial performance categories. This reflects its focus on product innovation and distinctive gameplay development.

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Mobile Play & Technology

Hacksaw Gaming uses an HTML5 setup for all game development. All titles run directly in-browser, with no downloads or extra software required.

Mobile Compatibility

All Hacksaw Gaming pokies are fully optimised for mobile and designed with a touch-first approach.

• adaptive layouts across different screen sizes;
• support for both portrait and landscape modes;
• responsive touch controls;
• stable performance on both mobile and desktop devices.

Cross-Platform Functionality

Games are built on a single unified codebase across all devices, which helps keep gameplay consistent across desktop, smartphones, and tablets.

Final Verdict

Hacksaw Gaming develops high-volatility slots with fast-paced gameplay and bonus-driven mechanics.

The portfolio includes video slots, instant win games, and scratch cards, with frequent new releases.

Games are distributed across online casino platforms, mainly in regulated markets where the provider is integrated into operator libraries.