Hacksaw Gaming Launches B2B Prediction Markets Module with MGA Approval
AI-GENERATEDHacksaw Gaming expands into the peer-to-peer sector by launching a prediction markets module following a license extension by the Malta Gaming Authority.
Hacksaw Gaming, the Stockholm-listed B2B technology provider and game developer, has announced a significant expansion of its platform capabilities. On October 16, 2026, the company revealed the launch of its B2B Prediction Markets module. This strategic move allows operator partners to integrate peer-to-peer (P2P) prediction market experiences directly into their existing ecosystems. The launch is a response to increasing market demand for platforms that allow users to trade on the outcome of future events across various categories beyond traditional sports betting.
The expansion is anchored by a regulatory milestone from the Malta Gaming Authority (MGA). Hacksaw has successfully secured an extension to its B2B Critical Gaming Supply License. In addition to its existing Type 1 Gaming Services authorization, the company is now licensed for Type 3 Gaming Services. This specific extension authorizes the offering of B2B peer-to-peer prediction market services under the MGA regulatory framework, ensuring a compliance-first approach for its global partners.
Numbers and facts
The financial outlook for this sector is notably bullish. Global equity research firm Bernstein estimates that annual trading volumes in prediction markets could reach approximately $1 trillion by 2030. Hacksaw noted that the platform was developed within its existing cost base, leveraging the expertise of its current development team. This allows the company to enter a high-growth vertical without significant additional capital expenditure, creating potential long-term value for shareholders and partners alike.
"Prediction markets represent a compelling new opportunity at the intersection of technology, entertainment and market participation. We believe our existing platform, distribution capabilities and operator relationships position us exceptionally well to help businesses participate in this category." - Ana Vrabic Verdir, Group CEO of Hacksaw Group
Marcus Cordes, Operational CEO of Hacksaw Gaming, highlighted the efficiency of the new solution. He stated that because Hacksaw already works closely with operators across multiple jurisdictions, the module provides a streamlined path to market. The infrastructure handles the underlying technology and volume frameworks, allowing operators to focus on their brand and user experience.
Background
Prediction markets differ from traditional casino gaming as they involve participants trading on the likelihood of outcomes. In a P2P setting, users bet against each other rather than the house. These markets can cover anything from economic indicators to entertainment awards and political events. Hacksaw's role is strictly as a B2B provider, supplying the necessary technology and infrastructure to licensed operators who then offer these services to their end-users.
Why it matters for German players
For players in Germany, the introduction of prediction markets is restricted by the State Treaty on Gambling 2021 (GlüStV 2021). The German regulator, GGL, maintains a strict whitelist of permitted games and betting types. Currently, P2P betting on non-sporting events is generally not permitted for private commercial operators in Germany. Players must adhere to the 1,000 Euro monthly deposit limit and the 1 Euro stake limit for virtual slots.
What it means for GGL-licensed casinos
German-licensed operators must ensure that any new product integration complies with local laws. While Hacksaw is a major provider of GGL-approved slots, the prediction markets module would require separate regulatory scrutiny before it could be offered to the German public. The MGA license extension facilitates international growth but does not grant automatic access to the German market. However, German operators with international branches could utilize this technology to compete in more liberalized jurisdictions.
Frequently asked questions
What are prediction markets in igaming?
Prediction markets are platforms where participants trade on the probability of future events. Unlike traditional casinos, these often use a peer-to-peer (P2P) model where users bet against one another on topics ranging from politics to economic outcomes.
Which new license did Hacksaw Gaming receive?
Hacksaw Gaming received an extension of its B2B Critical Gaming Supply License from the Malta Gaming Authority (MGA) to cover Type 3 Gaming Services. This allows them to legally provide the infrastructure for P2P prediction markets to other businesses.
How large is the prediction market industry expected to grow?
According to research from Bernstein, annual trading volumes in prediction markets are projected to reach $1 trillion by 2030. Hacksaw Gaming aims to capture a share of this growth by providing the underlying B2B infrastructure.
Are these new P2P bets legal for players in Germany?
Under the GlüStV 2021, only games on the GGL whitelist are permitted. Prediction markets and P2P bets on non-sporting events currently face significant regulatory hurdles in Germany and are generally not available through licensed private operators.
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Lisa Lustich
Editor-in-chief & casino tester
Lisa Lustich has been testing German-language online casinos since 1997 and runs the Lustich.de newsroom. More than 400 published reviews, certified player-protection advisor (BZgA training, 2019).
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