Hacksaw launches B2B prediction markets platform with expanded Malta licence scope

Hacksaw said on 15 October that it had launched a B2B prediction markets platform for operators and that the Malta Gaming Authority had approved an extension of its existing B2B Critical Gaming Supply Licence to include Type 3 Gaming Services as well as Type 1. The company said the new product is intended to let operators offer prediction market experiences through Hacksaw’s technology infrastructure, distribution network and operator ecosystem. [1]

The announcement is about supplier infrastructure rather than a consumer-facing brand launch. Hacksaw said the platform is aimed at operators, allowing them to add peer-to-peer prediction market capabilities while keeping control of their own brands, customer relationships and user experiences. [1]

According to Hacksaw, the Type 3 approval under the Maltese framework authorises B2B peer-to-peer prediction market services. The company said this extends the scope of its existing licence rather than replacing it. [1]

Hacksaw also said the product is designed to give operators a faster route into peer-to-peer prediction markets by avoiding the need to build and maintain the underlying technology themselves. It said the platform includes a connected volume framework intended to aggregate participation across its operator network. [1]

The early commercial footprint remains unclear from the materials reviewed. Hacksaw did not identify any launch customers, commercial terms, transaction volumes or expected revenue contribution for the new offering. [1]

The timing of the Maltese licence extension is also only partly defined in the available evidence. Hacksaw said the approval is in place, but the reviewed materials do not separately state the exact date on which the Malta Gaming Authority granted the Type 3 extension. [1]

Sources

• [1] Hacksaw Investor Relations: Hacksaw Group Launches B2B Prediction Markets Platform, Expanding Technology and Distribution Ecosystem