STOCKHOLM, June 17 (Reuters) - Swedish online casino

games company Hacksaw Gaming on Tuesday priced its initial

public offering at 77 Swedish crowns per share for listing on

the Stockholm bourses later this month, becoming one of the few

companies to tap the market this year.

The offering will amount to around 3.85 billion Swedish

crowns ($406.28 million), giving the company a valuation of

about 22 billion crowns.

Stock exchanges in Europe have seen a drought of IPOs over

the past two years and a number of local firms choosing to float

or move primary listings to the U.S. to access deeper pools of

capital and potentially higher valuations.

Market volatility has also prompted several companies, such

as Swedish fintech Klarna, to pause their IPOs.

($1 = 9.4781 Swedish crowns)