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

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
| Title | RTP | Volatility | Min / Max bet | Released |
|---|---|---|---|---|
| Wanted Dead or a Wild | 96.38% | high | $0.10 – $100.00 | 2022 |
| Le Bandit | 96.34% | medium | $0.10 – $100.00 | 2023 |
| Le Pharaoh | 96.18% | medium | $0.10 – $100.00 | 2024 |
| Le King | 96.14% | medium | $0.10 – $100.00 | 2025 |
| Le Zeus | 96.26% | medium | $0.10 – $100.00 | 2025 |
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.
| Title | Category | RTP | Released |
|---|---|---|---|
| Wanted Dead or a Wild | slots | 96.38% | 2022 |
| Le Bandit | slots | 96.27% | 2023 |
| Le Bandit 2 | slots | 96.27% | 2026 |
| Hand of Anubis | slots | 96.31% | 2023 |
| Chaos Crew | slots | 96.32% | 2022 |
| Chaos Crew 2 | slots | 96.32% | 2024 |
| Hop’N’Pop | slots | 96.27% | 2023 |
| Cubes 2 | slots | 96.27% | 2023 |
| Cubes 3 | slots | 96.27% | 2025 |
| Stack ’em | slots | 96.31% | 2022 |
| Stick ’em | slots | 96.27% | 2024 |
| RIP City | slots | 96.31% | 2023 |
| Itero | slots | 96.27% | 2023 |
| Wolfborne | slots | 96.27% | 2024 |
| Wixx Madness | slots | 96.27% | 2025 |
| Crabbin Pots of Gold | slots | 96.27% | 2024 |
| Wild Bandolier | slots | 96.27% | 2025 |
| Hacksaw Roulette | roulette | 97.30% | 2024 |
| Hacksaw Blackjack | table | 99.60% | 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.









