Betting Game Developer Hacksaw Said to Weigh Stockholm IPO (1)

Hacksaw, a developer and distributor of online betting games, is considering an initial public offering in Stockholm in the coming months, according to people familiar with the matter.

Hacksaw is working with advisers including Carnegie Investment Bank AB, Citigroup Inc. and Jefferies Financial Group Inc. on the potential share sale, according to the people, who asked not to be identified as the information isn’t public.

No final decisions have been made, and details of the offering including timing could change, the people said. Representatives for Hacksaw, Carnegie, Jefferies and Citi declined to comment.

Hacksaw’s offering could be ...