Hacksaw grows technology capabilities with B2B prediction markets platform

• Hacksaw Group expanded its leading B2B platform with the delivery of Prediction Markets
• Prediction markets continue to expand, offering users the capability to trade on real-world events
• To grow its offering with prediction markets, Hacksaw secured approval from the MGA

The leading B2B technology platform and game developer, Hacksaw Group, continues to grow its tech capabilities.

Only recently, the company has announced the launch of its B2B Prediction Markets platform, enabling it to expand in a fast-growing vertical while offering gambling operators the ability to deliver prediction market experiences.

Prediction Markets strengthen Hacksaw's B2B platform

Over the last few years, prediction markets have expanded rapidly, offering users trading on the likelihood of future events and outcomes within various categories, including but not limited to politics, sports, war, and other real-life events.

Research by Bernstein, the global equity research and brokerage firm, estimates that prediction markets trading volume may reach up to $1 trillion in trading volumes by 2030, highlighting the immense potential of the sector and its popularity.

Planning to capitalize on this opportunity, Hacksaw’s B2B Prediction Markets platform enables operators to access peer-to-peer prediction markets services.

The new feature extends the company’s technology platform while reaffirming its leadership as a reliable B2B solution and technology provider.

Ultimately, Hacksaw delivers the underlying technology, infrastructure and volume frameworks that enable gambling operators to offer peer-to-peer prediction markets within their own ecosystems.

At the same time, operators can leverage the company’s existing distribution network and gaming infrastructure, while enhancing their offering with prediction markets experiences.

Prediction markets represent a unique growth opportunity

Marcus Cordes, Hacksaw Gaming’s Operational CEO, discussed the newly launched B2B Prediction Markets platform.

"We have created a solution that enables operators to access prediction market capabilities efficiently and at scale," he revealed in a press release.

"Because we already work closely with operators across multiple jurisdictions, we believe we can provide a streamlined path to market while leveraging the technology, integrations and commercial infrastructure that we have spent years developing," Cordes added.

"Prediction markets represent a compelling new opportunity at the intersection of technology, entertainment and market participation," Ana Vrabic Verdir, Hacksaw’s Group CEO, added.

Moreover, she explained: "We believe our existing platform, distribution capabilities and operator relationships position us exceptionally well to help businesses participate in this category."

To launch the new technology, Hacksaw received approval to extend its existing B2B Critical Gaming Supply License from the Malta Gaming Authority to cover Type 3 Gaming Services.

As a result, the company is authorized to offer B2B peer-to-peer prediction market services in compliance with the established regulatory framework by the MGA.

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