Hacksaw Gaming launched in 2018 out of Malta with a deliberately modest brief: reinvent the digital scratchcard. Within a year, the studio pivoted hard into video slots under CEO Marcus Cordes, and that pivot turned out to be the defining move. Six years later, the company sits on a catalog of 150+ titles spanning slots, scratchcards, and the Dare2Win™ instant-win line, holds licences from the MGA and UKGC alongside permits from the Isle of Man, Sweden, Greece, Ontario, and five US states, and trades on Nasdaq Stockholm under the ticker HACK at a valuation near €2 billion. Revenue hit €137 million in 2024 with an 84% EBIT margin — numbers that put Hacksaw among the most profitable slot-only studios in the industry.
The studio releases roughly four new slots per month, all built in-house on its proprietary OpenRGS remote gaming server. Rather than licensing third-party mechanic frameworks, Hacksaw designs custom grid layouts and feature engines for each title. That approach produced the DuelReels system behind Wanted Dead or a Wild, the EchoSpins engine behind Itero, and the Stack’n’Sync mechanic that powers Le Bandit and Mayan Stackways. The result is a portfolio where no two slots share an identical reel structure — unusual for a studio shipping at this pace.
Key Gameplay Features in Hacksaw Gaming Slots
Four proprietary mechanic families carry the identity of the Hacksaw slot catalog, and understanding them matters more than memorising individual game names.
DuelReels sits at the centre of the studio’s best-known title, Wanted Dead or a Wild. The system runs two synchronised reel sets side by side, each capable of generating its own winning combination. When multiplier wilds land on both sets simultaneously, the multipliers cross — a 5x on the left and a 3x on the right produces a 15x multiplier on the resulting win. That crossing mechanism is what pushes Wanted Dead or a Wild to its 12,500x maximum payout. Gladiator Legends and Warrior Ways use the same engine with different bonus-round structures layered on top.
EchoSpins, which shipped with Itero, takes a different approach. When you land a winning combination, the game replays that exact configuration on the next spin with escalating values. Each successive echo adds to the accumulated prize until the sequence breaks. The mechanic rewards patience inside the bonus round rather than chasing scatter triggers.
Stack’n’Sync powers Le Bandit, Densho, and Mayan Stackways. High-value symbol stacks lock across multiple reels, and any additional matching stack that lands on a subsequent cascade syncs with the locked positions. The practical effect is that a single cascade chain can fill the entire grid with one premium symbol, driving the kind of full-screen wins that generate the studio’s viral clip culture.
Hoppers, introduced with Hop N Pop and refined in Harvest Wilds, sends multiplier symbols bouncing between reel positions on each spin. The symbols move according to a predetermined path, and their multiplier values increase with every hop. A bouncing multiplier that survives three or four hops can reach values high enough to turn a modest base-game hit into a significant payout.
Across all four families, one constant stands out: every Hacksaw slot offers a bonus buy option. That 100% bonus-buy rate is unmatched in the industry — compare BGaming at roughly 92% and Pragmatic Play around 60%. For players who prefer to skip the base-game grind and go straight into the feature round, Hacksaw’s catalog is purpose-built. For a deeper look at how bonus buy slots work across the wider market, including the UKGC ban and RTP implications, we have a dedicated guide.
Visual and Audio Direction
Hacksaw slots are immediately recognisable in a casino lobby. The studio’s art team leans into bold, character-driven illustration with high contrast and saturated colour palettes — closer to graphic-novel aesthetics than the photorealistic renders common in competing catalogs. Wanted Dead or a Wild wraps its DuelReels mechanic in a bleak, dust-choked Western with hand-drawn bounty posters. Chaos Crew drops two spray-can mascots, Cranky and Sketchy, into a neon graffiti cityscape. Hand of Anubis replaces the usual golden Egyptian polish with a dark, foreboding underworld palette built around cascading cluster pays.
Every title is designed for vertical mobile play from the first wireframe. Where most studios design for landscape and then adapt, Hacksaw builds for a portrait screen held in one hand, and the desktop version is the adaptation. This shows in the symbol sizing, button placement, and information hierarchy — large symbols, minimal chrome, quick-tap bet adjustments. The audio design follows the same principle: compressed, punchy sound effects that cut through phone speakers rather than ambient orchestral loops aimed at desktop headphones.
RTP & Volatility Overview
Hacksaw Gaming’s tracked catalog averages 96.27% RTP across 64 measured slots — every single title sits above the 96.00% floor at its default configuration. Volatility skews heavily toward the upper end of the scale: 37 of those 64 slots rate at 4 or 5 out of 5 on Hacksaw’s internal volatility meter, with six titles reaching a 20,000x maximum win or higher.
| Game |
RTP |
Volatility |
Max Win |
Key Mechanic |
| Chaos Crew 3 |
96.18% |
5/5 |
30,000x |
Sticky multipliers |
| Chaos Crew 2 |
96.27% |
5/5 |
20,000x |
Epic Drop |
| Wanted Dead or a Wild |
96.38% |
5/5 |
12,500x |
DuelReels |
| Stormforged |
96.41% |
4/5 |
12,500x |
— |
| Hand of Anubis |
96.24% |
5/5 |
10,000x |
Cluster pays, cascading |
| Joker Bombs |
96.48% |
3/5 |
5,000x |
— |
| Harvest Wilds |
96.40% |
3/5 |
10,000x |
Hoppers |
| Densho |
96.40% |
4/5 |
10,000x |
Stack’n’Sync |
One critical detail: Hacksaw operates four configurable RTP tiers. The numbers above reflect the highest tier (96%+), but operators can select lower tiers down to approximately 88%. Always open the in-game information panel at your chosen casino and confirm the exact RTP before committing real money — a two-to-eight percentage-point swing is not trivial. For context on how RTPs compare across the wider industry, we maintain a dedicated best payout slots page.
Tips for Playing Hacksaw Gaming Slots
The single most important habit with Hacksaw slots is checking the RTP tier at your casino before you play. Because operators can configure the return anywhere between 96%+ and 88%, two casinos hosting the same game can deliver fundamentally different long-term outcomes. The information panel inside each game — usually accessible via a question-mark or “i” icon — lists the active RTP. If it shows a number below 94%, you are playing a heavily reduced configuration, and the math does not work in your favour over extended sessions.
Given the high-volatility profile of most Hacksaw titles, a starting bankroll of 200 to 300 base bets gives you a credible chance of reaching the bonus round where the bulk of the payout ceiling sits. This studio’s slots are not designed for small-bankroll drip play — dry stretches of 100+ spins without a feature trigger are normal at volatility 4 and 5.
The 100% bonus-buy rate across the catalog makes cost-per-feature a useful comparison metric. A bonus buy priced at 80x base bet on one title versus 150x on another represents a real difference in the cost of accessing the high-variance feature round. Compare bonus buy prices across titles to find the entry point that matches your session budget. If you are new to slot mechanics in general, our how to play slots guide covers pay tables, volatility, and bonus triggers from the ground up.
All outcomes in Hacksaw slots are determined by a certified random number generator. No betting pattern, previous result, or feature-buy frequency alters the probability of the next spin. Set a session limit before you start, and treat responsible gambling tools — deposit limits, loss limits, time alerts — as standard practice rather than optional extras.
Frequently Asked Questions
DuelReels runs two synchronised reel sets side by side. Each set generates its own wins independently. When multiplier wilds land on both sets at the same time, the multipliers cross-multiply — for example, a 5x left and 3x right produces a 15x combined multiplier. Wanted Dead or a Wild, Gladiator Legends, and Warrior Ways all use this engine.
Hacksaw Gaming offers operators four configurable RTP tiers, ranging from roughly 96%+ down to approximately 88%. Each casino selects its own tier. Always check the in-game information panel before playing — the active RTP is listed there. A swing of two to eight percentage points changes long-term expected returns significantly.
Chaos Crew 3 leads the catalog at 30,000x base bet, followed by Chaos Crew 2 and several other titles at 20,000x. Wanted Dead or a Wild caps at 12,500x. All figures assume the highest RTP tier; reduced configurations may carry adjusted cap structures.
Yes. Every Hacksaw title on this page is available in free demo mode directly in your browser. Demos use virtual credits and replicate the full gameplay experience, including all bonus features and bonus-buy options — no registration or deposit is needed.