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January 10, 2020 Jovan Paunovic
Yggdrasil, the renowned online gaming solutions provider, has managed to secure a B2B software license from the Isle of Man Supervision Commission.
By securing this license from the Isle of Man Supervision Commission, the developer now has a total of eight software licenses across four major gaming jurisdictions which include the United Kingdom, Malta, Gibraltar, and Romania.
Ever since its foundation, Yggdrasil, which recently went live in Finland, has strived towards implementing policies and procedures that will make sure all players are protected and treated fairly and ensure that their rights are always safeguarded. The developer is also in accordance with its licensing jurisdictions’ technical requirements and has implemented measures to ensure the integrity of games and gaming devices.
Representatives from the software provider say that the company has always been highly regulated and compliant in every major gaming jurisdiction and that they take great pride in adhering to regulatory practices.
“Ever since we began the business, we have been highly regulated and highly compliant in every major gaming jurisdiction. We take great pride in adhering to regulatory best practice and place great emphasis on compliance and responsible gaming across all our products. We’re delighted to add the Isle of Man to this prestigious regulatory roster, our eighth B2B license, and I’m sure many more will follow in the years to come,” said Fredrik Elmqvist, CEO of Yggdrasil.
Yggdrasil was founded in 2013 and during its years in the iGaming industry became one of the leading providers of superior online gaming solutions for iGaming operators. It operates within the regulated remote gambling industry and is fully committed to fulfilling the licensing requirements of the licensing jurisdictions. The company holds licenses from the United Kingdom Gambling Commission, Malta Gaming Authority and the Romanian regulator (ONJN). They received the first license back in 2013 and in 2015 the company reached a milestone by releasing its in-game promotional tool Boost™.
The success of the company was recognized many times. It managed to win Innovation in RNG Casino Supplier Award at the EGR Awards in 2019 and 2018, Innovator of the Year award at the International Gaming Awards in 2018 and again in 2019.
Source:
“Yggdrasil Secures Isle of Man B2B Software License”, Niji Narayan, europeangaming.eu, January 9, 2020.
It’s good to see good companies such as Yggdrasil advancing through markets!