Hacksaw Gaming successfully launched on the NASDAQ Stockholm stock exchange with initial shares in high demand.
Hacksaw Gaming has joined the long list of iGaming software providers to become publicly listed on a stock exchange. It began trading publicly at the end of June 2025.
The company is now trading on the NASDAQ under the name Hacksaw AB (HACK.ST). What’s more, it has been listed on the stock exchange’s large-cap segment.
Not only is it a remarkable feat to become a publicly listed company, allowing the general public to invest in shares and the company’s future, but HACK is already giving hints of its future success.
Although the IPO involved the sale of existing shares rather than new ones issued by the company, investor sentiment was strong, with the offering raising approximately US$404 million in total proceeds for selling shareholders.
The funds raised did not go to Hacksaw AB, but to early investors who reduced their holdings during the public listing. Adding to this is the impressive valuation of Hacksaw AB, which has been touted to be worth US$ 2.3 billion.
Hacksaw initially sold part of its company to the public as part of its Initial Public Offering (IPO). Initially, 43.5 million shares were sold at 77 Swedish kronor each, equivalent to approximately US$8.10.
However, as many people were interested, Hacksaw AB decided to sell an additional 6.5 million shares, bringing the total to 50 million. Overall, around 17% of the entire company is now available for public ownership through its 50m shares.
The sale was a big success, bringing in more than 16,000 new shareholders for Hacksaw.
The company CEO Christoffer Källberg said: “Being a listed company not only enhances our visibility and credibility on the global stage but also strengthens our company for continued growth as we deliver innovative gaming experiences to partners and players worldwide.”
Hacksaw Joins iGaming Companies Listed on Stock Exchanges
During my time as an iGaming journalist and a cryptocurrency and stock market investment enthusiast, I’ve come across numerous B2B online gambling entertainment companies listed on several stock markets.
Some have been subject to takeovers, for example, Evolution acquired NetEnt. At the time, both were listed on the NASDAQ Stockholm, and Evolutin purchased all NetEnt shares. Additionally, LeoVegas AB (LEOV.ST) was listed on the NASDAQ Stockholm, but it delisted in September 2022 after MGM Resorts International acquired the company. MGM Resorts International itself is listed on the New York Stock Exchange (NYSE) under the ticker symbol MGM.
Betsson AB, Gaming Innovation Group (GIGSEK), which also owns the AskGamblers affiliate website, and Kambi Group Plc (KAMBI) are listed on the NASDAQ Stockholm, categorised as either First North or Large Cap companies.
| Gambling Company | Ticker | Stock Exchange |
|---|---|---|
| Playtech | PTEC.L | London Stock Exchange |
| Aristocrat | ALL | Australian Stock Exchange |
| Light & Wonder | LNW | U.S. NASDAQ |
| Evoke | ENT.L | London Stock Exchange |
| Inspired Entertainment | INSE | U.S. NASDAQ |
More well-knonw iGaming companies listed on stock exchanges
Casinoplusbonus Opinion
I enjoy investing in stocks myself, particularly in iGaming shares. When a company operating within the online gambling entertainment field says it has beaten expectations and is valued in the billions of dollars, it piques my interest. Also, the substantial interest that persuaded Hacksaw to make additional shares publicly available
I am certainly not suggesting that you invest in Hacksaw AB, as the only price research I have conducted so far is for this news report, as I only learned of its listing today. I am merely saying that interest in the company’s shares has been high, which, in my opinion, is already a positive sign.
If you want to invest, my advice is to first research the company, its roadmap and, importantly, look into why the Hacksaw AB shares were in such high demand when the iGaming company first announced its IPO.
For more info, you can check the Yahoo Finance HACK.ST page. There’s financial news from Yahoo as well as daily price action.
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