Hacksaw Gaming appoints Philippa Gregory as New Operational CEO

Hacksaw Gaming is taking a significant step in its corporate evolution by appointing an experienced leader from its own ranks to the position of operational CEO. Philippa Gregory takes over the operational management of the Malta-based game developer, succeeding Marcus Cordes. This change comes at a time when the company is sharpening its structures to more efficiently serve both its traditional casino business and new market segments. The handover process is already underway and is expected to be fully completed by December 1.

Gregory's appointment is not coincidental but the result of long-term planning within the Hacksaw Group. She previously served as Chief Compliance Officer and has been a member of the group management since January 2025. With her deep roots in regulation and compliance, she brings exactly the skills needed in an increasingly strictly regulated global market for online gambling. Her focus is now on optimizing internal processes and strengthening accountability within the teams.

Numbers and facts

As part of the personnel announcement, Hacksaw AB (STO:HACK) also released its financial results for the third quarter of 2026. The reaction on the Stockholm Stock Exchange was positive. On Tuesday morning, the share price rose by 0.95 percent to SEK 58.25 per share. This underscores investor confidence in the new dual leadership and the strategic direction of the group. Marcus Cordes, who had held the CEO position since February 2022, looks back on a successful phase in which he prepared the management team for the next growth phase.

Alongside Gregory, another familiar figure is coming into focus: Luke Hammett, the Chief Commercial Officer, will formally join the Group Management team. He has been on board since the provider's early years and has significantly contributed to building customer relationships. This personnel reinforcement is intended to ensure that Hacksaw Gaming's commercial momentum remains intact under the new leadership.

Background

The core of the restructuring is the creation of the new Hacksaw Markets division. This is a B2B arm for prediction markets. Marcus Cordes will concentrate fully on the development of this sector. He sees it as an opportunity to create real value for the group by stepping away from the daily operational tasks of the slot business. The separation of responsibilities between the traditional casino offering and the new betting markets is intended to allow for specialized leadership in both areas.

"My priority as operational CEO is to continue strengthening our core business, with clear accountability, disciplined execution and a firm focus on profitable growth." - Philippa Gregory, Operational CEO at Hacksaw Gaming

Marcus Cordes emphasized during the announcement that Philippa Gregory was always the natural successor in his eyes. He spent the last five years building a team ready for this transition. Collaboration between the two will intensify in the coming weeks to ensure a smooth transition.

Why it matters for German players

For players in Germany, this news is highly relevant as Hacksaw Gaming is among the most popular providers in local online slot halls. The fact that a former compliance chief is now at the helm signals strict adherence to regulatory requirements. In Germany, the market has been strictly regulated since the State Treaty on Gambling 2021 (GlüStV 2021). Operators cooperating with Hacksaw must ensure that features like the 1 Euro stake limit per spin or the connection to the LUGAS blocking system function flawlessly.

Since Philippa Gregory is an expert in regulatory matters, the technical implementation of German special rules, such as the five-second spin interval, is likely to remain a high priority. German customers can therefore trust that Hacksaw's games will continue to be found in the portfolios of GGL-licensed operators in the future. The company's stability, underpinned by the current 2026 quarterly figures, also guarantees a continuous supply of new content.

What it means for GGL-licensed casinos

German casinos with a license from the Joint Gambling Authority of the States (GGL) require reliable partners. Hacksaw Gaming has made a clear commitment to operational excellence by promoting Gregory. Since the GGL whitelist places strict requirements on software integrity, choosing a compliance expert as CEO is a strong signal to regulatory authorities. It can be assumed that Hacksaw aims to further consolidate its market share in Germany through legally compliant solutions. Casinos can rely on a disciplined execution of the business strategy, which increases planning certainty for operators.