Yggdrasil eager to exploit new Gibraltar licence

Yggdrasil eager to exploit new Gibraltar licence

Tuesday, June 7, 2016 Totally Gaming
Fredrik Elmqvist said Gibraltar is a "hugely important" jurisdiction

Yggdrasil chief executive Fredrik Elmqvist said the company’s new Gibraltar licence can be an “important” moment in its development.

The gaming services provider has been awarded a B2B remote gambling permit by the Gibraltar Licensing Authority to complement its licences in the UK and Malta.

Yggdrasil, which is headquartered in Malta with offices in Gibraltar and Poland, can now offer its gaming platform and games to Gibraltar-based operators.

“The Gibraltar licence really is an important piece of the jigsaw for Yggdrasil," Elmqvist said. "We’ve had great success in Malta and things have been going really well since we received our UK licence in December.

“Gibraltar is a hugely important jurisdiction with a large number of major operators and we are delighted to become part of the Gibraltar e-gaming community.”

Yggdrasil’s partners include Betsson, Cherry, LeoVegas and Unibet, while the company offers numerous slot games and a range of innovative promotional tools called BOOST.

Elmqvist added: “We’ve established a point of difference compared with other suppliers which will help us achieve our aim of becoming the best supplier in the industry.”

TotallyGaming.com says: “Yggdrasil is an ambitious company that is sure to add more partners to its portfolio following this development.”

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