Share 
The next prediction market you try could run on Hacksaw. You just won’t see its name on it.
Hacksaw Group, the game developer listed on Nasdaq Stockholm and best known for online slots, launched a B2B prediction markets platform Thursday. Instead of signing up traders itself, Hacksaw will sell the technology to operators. They offer the markets inside their own sites and apps.
Under their own name.
That’s the split from Kalshi and Polymarket, which deal with traders directly. Hacksaw wants to stay behind the curtain.
What Hacksaw’s prediction markets platform does
The selling point is speed. According to Hacksaw, operators can add prediction markets without building and maintaining the technology themselves. They keep their brand, their customers, and their user experience.
Markets on the platform are peer-to-peer. Traders take positions against one another.
That creates an obvious problem for anyone starting from zero. Who’s on the other side of your trade?
Hacksaw’s answer is what it calls a connected volume framework. It pools participation across Hacksaw’s operator network, so a new operator can tap broader capacity at launch rather than building it alone, the company said.
Marcus Cordes, operational CEO of Hacksaw Gaming, said in the release:
“We have created a solution that enables operators to access prediction market capabilities efficiently and at scale. 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.”
The Malta license behind the launch
The Malta Gaming Authority approved an extension of Hacksaw’s B2B Critical Gaming Supply License to cover Type 3 Gaming Services. Hacksaw already held Type 1.
Per the company, the extension authorizes B2B peer-to-peer prediction market services under MGA rules.
Why Hacksaw wants into prediction markets now
Hacksaw cited a Bernstein estimate that annual prediction market trading volume could reach about $1 trillion by 2030.
Its own numbers are part of the story, too.
On Monday, Hacksaw said third-quarter revenue growth came in below its historical pace, citing softer market conditions and game performance. It expects quarterly revenue of about 57.5 million to 58.5 million euros, compared with 52 million euros a year earlier.
Growth, just slower than Hacksaw is used to.
In its announcement, Hacksaw called prediction markets a natural extension of its technology platform and a new growth vertical. It also said the platform was built within its existing cost base.
Added Ana Vrabic Verdir, group CEO of Hacksaw Group:
“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 …”
Can US users trade on Hacksaw’s platform?
Nothing Hacksaw announced points to that.
The announcement doesn’t mention the US. The new approval comes from Malta, while US prediction markets such as Polymarket operate under Commodity Futures Trading Commission oversight.
Hacksaw also hasn’t named an operator partner or a go-live date. Its next interim report lands Nov. 3.
When the first operator does sign on, it’ll be that operator’s name on the app.
Which is exactly how Hacksaw drew it up.
