Hacksaw to expand in Brazil

Hacksaw to expand in Brazil

Hacksaw to expand in Brazil with licensed Brazilian casino operator Esportes da Sorte. Hacksaw Gaming, a Maltese based company with headquarters in St. Julians, was founded in 2017/2018. Operating in 35 regulated markets with several licenses, including MGA ( Maltese Gaming Authority) , Uk Gaming Commission, and Sweden.

Hacksaw to expand in Brazil

Hacksaw is offering a range of slots, catch cards, instant games, and video slots. Their catalogue of games consists now over 250 games, and their portfolio is growing fast. Hacksaw has taken the fast lanes by embracing the mobile phone generation. This bet paid off and their drive to optimize mobile gaming has paid off. 

Hacksaw – recent expansion and developments

In 2025, Hacksaw Gaming went all in, and lists an IPO on the Stockholm Nasdaq under the ticker HACK. 

Interest in buying the stock was huge. Oversubscription ballooned the price in the opening days, and the company is valued today at a comfortable 1.8-2.0 billion Euros. The initial IPO was floated at 2 billion Euros. 

With the Brazilian authorities putting on the thumbs screws on operators, and a recent retroactive taxation which would have triggered a taxation dating back to 2014 -2024, was NOT granted.

Esporte da Sorte Online Casinos Infos

Esporte da Sorte is a major player in Brazil’s online gaming community. Da Sorte reached another milestone in 2025, including the Brazilian licence to their portfolio. Esportes da Sorte is linked to football clubs Santa Cruz, Gremio, Bahia and a handful of other associates. The operator came under intense scrutiny when their CEO, Darwin Henrique da Silva Filho, was arrested in 2024.

Inheriting an alleged illegal Lottery business from his late father, da Silva’s involvement ties to Jogo do  Bicho, triggered a federal investigation against the person and Esportes da Sorte. Speculation of money laundry came into play in July 2025, and monetary assets were frozen.