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Est. 2018 · Birkirkara, Malta

Hacksaw Gaming

Maltese studio that rewrote the streamer playbook with Wanted Dead or a Wild and Le Bandit. Bonus-buy mechanics, ultra-high variance and stylised art make every Hacksaw release a viral candidate.

Studio hallmark: Mega-volatility, buy-bonus first design, scratch-cards.

Published 2024-04-01· Updated 2026-04-15

Panoramic illustration of original slot-style characters spanning popular themes—candy fantasy, ancient Egypt, fishing adventures, celestial fantasy, western action, and mythic epics—in America777’s dark gold and violet palette

Studio profile

Founded
2018
HQ
Birkirkara, Malta
Catalogue
95+ titles
At A777
30
11 reviewed · 19 long-tail
Licences
MGA (Malta)UKGC (United Kingdom)Romania ONJN

Biography

Hacksaw Gaming is the youngest of the major studios in the America777 catalogue and one of the most disruptive forces in iGaming since 2020. Founded in 2018 in Birkirkara, Malta, by a small team of ex-iSoftBet and Microgaming engineers, Hacksaw spent its first eighteen months building a scratch-card vertical before pivoting to slots in mid-2019. The pivot proved inspired: the studio's first slot, "Stick 'em" (October 2020), set the template for what became known internally as "bonus-buy first" design — slots where the bonus round is the product, the base game is the trailer, and every release ships with a prominent "buy bonus" button as a first-class feature rather than an afterthought.

The commercial breakthrough came with Wanted Dead or a Wild (September 2022), which introduced a three-way bonus selection mechanic — players choose between three structurally different free-spin rounds on every trigger — and posted the highest first-month wagering of any indie slot release in a decade. Le Bandit (August 2023) followed with a 50,000× max-win cap and a streamer-friendly cinematic design. The two slots together pushed Hacksaw from "interesting boutique" to "must-have catalogue" for every operator in the segment, and the studio's release cadence accelerated to 18 to 24 new titles per year.

Mathematically Hacksaw operates at the high end of the variance spectrum. The catalogue median RTP is 96.27%, slightly below the Pragmatic and Play'n GO medians, but the headline number understates the structural volatility: hit-frequency on most titles is 14% to 18% (vs ~25% for the segment average), and the bonus-round payout distribution is bimodal — most triggered bonuses pay between $0 and 50× the bet, while a small minority pay 1,000× or more. The result is a slot experience that swings violently between dry stretches and viral wins. Max-win caps cluster at 12,500× to 100,000× across the catalogue; the studio's 2024 release "Hop'N'Pop" pushed the cap to a record 100,000× before the safe-roll-back update reduced it to 50,000×.

The studio's signature mechanic — internally called xSplit, separate from but conceptually similar to Nolimit City's patented xWays — sees individual symbols on a winning line split into multiples (2×, 3× or 4×), retroactively reapplying the payline calculation. Combined with the multiplier mechanics common across the catalogue, the result is a consistent "any base-game spin can suddenly multiply" tension that keeps players engaged across the dry stretches.

Hacksaw holds licences from the MGA, the UK Gambling Commission and Romania ONJN, with active applications in Sweden, Denmark and the Netherlands. Certification is via GLI for live-money deployment in regulated markets. The studio is a relatively new member of the IBIA working group and was an early signatory of the bonus-buy responsible-gambling charter (a 2023 industry agreement to surface bonus-buy spend more prominently in player session histories).

For America777 players the practical takeaway is that Hacksaw is the right studio when you want headline-chase moments and you have the bankroll to absorb the variance. Welcome-pack clearing on Hacksaw is structurally inefficient — the high variance burns through bankrolls faster than the lower-variance Pragmatic and Play'n GO catalogue — so we recommend Hacksaw sessions outside the welcome-pack clearing schedule. With a $200+ session bankroll, a 90-minute Wanted Dead or a Wild session is the closest the catalogue comes to a serious lottery-ticket experience.

Signature mechanics

  • Bonus Buy First

    Hacksaw designs the bonus round before the base game — every slot ships with a buy-bonus button by default, and the maths are calibrated around the buy.

  • xSplit / xWays Lite

    Symbols split into multiples on a winning line, similar to (but distinct from) Nolimit City's patented xWays.

  • Mega-Volatility

    Hit-frequency below 18%, max-win caps of 50,000× to 100,000×, and a bonus-round that swings between $0 and $50,000 from a single trigger.

  • Hand-Drawn Art

    Stylised, illustrated character art across the catalogue — the studio's visual signature, distinct from the photoreal style of Pragmatic.

RTP range & top games

Min RTP

94.85%

Typical

96.27%

Max RTP

96.40%

Top 5 Hacksaw Gaming slots — comparison

TitleRTPVolatilityMin / Max betReleased
Wanted Dead or a Wild96.38%high$0.10 – $100.002022
Le Bandit96.34%medium$0.10 – $100.002023
Le Pharaoh96.18%medium$0.10 – $100.002024
Le King96.14%medium$0.10 – $100.002025
Le Zeus96.26%medium$0.10 – $100.002025

Every Hacksaw Gaming game at America777

Reviewed slots — open a card to read the full editorial breakdown, demo and bonus-round notes.

Long-tail catalogue (19 titles)

These Hacksaw Gaming titles are live in the lobby but do not yet carry a dedicated editorial review on this site. Listed for completeness — search by name in the lobby to launch.

TitleCategoryRTPReleased
Wanted Dead or a Wildslots96.38%2022
Le Banditslots96.27%2023
Le Bandit 2slots96.27%2026
Hand of Anubisslots96.31%2023
Chaos Crewslots96.32%2022
Chaos Crew 2slots96.32%2024
Hop’N’Popslots96.27%2023
Cubes 2slots96.27%2023
Cubes 3slots96.27%2025
Stack ’emslots96.31%2022
Stick ’emslots96.27%2024
RIP Cityslots96.31%2023
Iteroslots96.27%2023
Wolfborneslots96.27%2024
Wixx Madnessslots96.27%2025
Crabbin Pots of Goldslots96.27%2024
Wild Bandolierslots96.27%2025
Hacksaw Rouletteroulette97.30%2024
Hacksaw Blackjacktable99.60%2024

Frequently asked questions

No, but the math model favours bigger sessions. The minimum bet is typically $0.20, which is in line with the segment, but the high-variance design means a $20 budget on the base game is statistically likely to bust before reaching a meaningful bonus trigger. We recommend at least $100 of bankroll per Hacksaw session.

Wanted Dead or a Wild combines three distinct bonus rounds on a single trigger — Wanted, Dead, or Wild — each with materially different payout profiles. The flexibility (you pick which bonus to enter on each free-spin trigger) and the 12,500× max-win cap turned it into the streamer breakout of 2022.

Yes, the standard catalogue contributes 100% to wagering. Bonus-buy purchases are eligible only when the cost is $5 or less per click; most Hacksaw bonus-buys exceed $5 at any meaningful stake size, so they are inaccessible during clearing. Stick to base-game spinning while clearing.

Lena Burke

Updated by

Lena Burke

Slot Mechanics Analyst

Math teacher turned slot reviewer, Lena reverse-engineers RTP and volatility models. Featured in Slotcatalog and SlotBeats.

Last reviewed