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Isle of Man – Yggdrasil granted B2B software license

By - 8 January 2020

Yggdrasil has been granted a B2B software licence by the Isle of Man Supervision Commission, securing its long-term presence across a multitude of existing markets.

The new IoM certification brings the total number of software licences obtained by Yggdrasil to eight across four major gaming jurisdictions including the UK, Malta, Gibraltar and Romania. Yggdrasil is committed to fulfilling the licensing requirements and objectives of its licensing jurisdictions and always strives to spearhead industry best practices.

Since being founded in 2013 the company has implemented policies and procedures to ensure all players are protected and treated fairly, and their rights are always safeguarded. In accordance with its licensing jurisdictions technical requirements, it has also implemented measures to ensure the integrity of games and gaming devices.

Yggdrasil’s Information Security Management System (ISMS) is audited on an annual basis by independent auditors in order to ensure data is safeguarded and classified in accordance with its policies and procedures.

Fredrik Elmqvist, CEO, Yggdrasil, said: “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 licence, and I’m sure many more will follow in the years to come.”

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