Hacksaw Gaming has plans to expand its operations into the United States, with a focus on the thriving online gambling market in West Virginia as its initial target.
Hacksaw Gaming made an announcement on November 14th regarding its decision to enter the US market. The first US license of the company was approved by the West Virginia Lottery. This move is considered by Hacksaw Gaming as the beginning of a substantial expansion into the United States.
In a news release, CEO Marcus Cordes stated:
“Our year is coming to a strong close, mirroring the strong start we had. The fact that we have been granted this license is a testament to the exceptional quality of our games portfolio, highlighting the robustness and captivating nature of our content.”
What is Hacksaw Gaming, and when can I start playing?
Hacksaw Gaming’s website characterizes the company as a provider of “disruptive gaming” that encompasses a variety of exciting offerings. These include scratch cards, slots, and other games that feature substantial rewards, all presented through a highly secure online gambling platform.
According to the company’s website, they provide a wide selection of over 120 games, have established partnerships with more than 250 entities, and operate within 18 regulated markets.
According to Hacksaw Gaming’s website, the company is committed to assisting its clients in tackling a wide range of challenges.
Our constantly expanding network of operators provides the fastest, most secure, and most flexible solution for distributing your content. We offer comprehensive assistance with licensing, infrastructure, compliance adaptions, certification, translations, commercials, and promotional material. Take advantage of our expertise and distribution benefits, freeing you to focus on creating the best content while we handle the rest.
According to Hacksaw Gaming’s news release, West Virginians can expect to have access to the company’s services in the first quarter of 2025, minimizing their wait time.
West Virginia online gambling sector continues to expand
Hacksaw Gaming’s announcement coincides with a surge in online gambling handle in West Virginia. In October, the total amount wagered by West Virginians reached $317,057,861, marking a significant increase of 12.4% compared to September’s handle of $282.17 million.
However, when comparing year-to-year figures, the increase is even more impressive. In October 2021, West Virginia achieved an online gambling handle of $197,830,454.21. The figure recorded for October 2022 represents a significant 60% surge in handle. This significant growth is a positive indication for companies interested in entering West Virginia’s market.
In October, West Virginia recorded online casino revenue amounting to $9.4 million.
Las Vegas-based Light & Wonder has entered into a partnership with Hacksaw Gaming, aiming to facilitate their expansion in the US market. Renowned for their expertise in gaming, Light & Wonder excels at developing top-notch hardware and systems for their widely acclaimed games.
In addition to its ownership of Light & Wonder, the company also holds the rights to Bally, WMS, and Shuffle Master brands.
In a news release, Christine Bordeaux, Hacksaw’s SVP of Compliance North America, expressed excitement over our innovative strategy for the US market. She emphasized our team’s dedication towards creating exceptional and unforgettable products to bring joy to our customers in that region.
In a recent development, Internet Vikings and EveryMatrix finalized a partnership in West Virginia. The agreement entails Internet Vikings, a renowned cloud hosting provider, offering hosting services to EveryMatrix, a prominent online gambling software company.
The news arrived shortly after the official launch of EveryMatrix in the US.
Hacksaw Gaming already has a license in North America
The company is familiar with North America, having obtained a license to operate in Ontario, Canada, which is recognized as one of the largest markets in North America, back in May.
The decision was made shortly after online gambling became legal in Ontario.
Hacksaw Gaming has expanded its operations beyond North America, as it recently acquired licenses from Romania and the Isle of Man earlier this year.