Interactive

Malta – Yggdrasil extends reach with Gibraltar licence application

By Phil - 12 February 2016

Yggdrasil Gaming has submitted the formal application to obtain a B2B remote gaming licence from the Gibraltar Licensing Authority and expects the licensing process to be finalised shortly.

In December, Yggdrasil received its licences by the UK Gambling Commission to offer its proprietary gaming platform and games to British residents.

Yggdrasil, which is based in Malta with offices in Poland, has expanded rapidly over the past 12 months, signing numerous leading operators and releasing a wide range of new games and promotional concepts.

Fredrik Elmqvist, CEO of Yggdrasil, said: “We were over the moon to be invited to apply for a Gibraltar licence. It’s an exclusive jurisdiction, with a number of the major operators based there, and we believe it will be a fantastic new hunting ground for us. We’ve pretty much covered all the player liquidity available from the operators in Malta, so now is the time for us to be targeting Gibraltar where we will be building up our presence. We’ll be putting some people on the ground in Gibraltar and are actively recruiting. We strongly believe we can hit the ground running as we have carved out a niche for ourselves that is different from other suppliers.”

Yggdrasil’s portfolio contains a wide range of popular casino games, including: Chibeasties, Cyrus the Virus, Cazino Zeppelin, Jokerizer, Winterberries, Reef Run, Dark Joker Rizes, Vikings Go Wild, progressive jackpot Joker Millions, Holmes and the Stolen Stones, Doubles and Nirvana.