• Gibraltar License Awarded to Yggdrasil Gaming

    26 June 2016

    Yggdrasilgaming

    Licensing is one of the most important things in the online casino industry because it's a signal that you have the blessing to proceed with business from an entity whose job it is to protect players and evaluate businesses for their worth in the industry as a whole. Some jurisdictions have a more favorable image than others in this regard, but for Yggdrasil Gaming, earning their license from Gibraltar is a great endorsement from a well-regarded regulatory body.

    The Top Licensing Jurisditions in the World

    Many countries offer licensing for online gambling, but only a select handful have as solid of a reputation as Gibraltar. This list includes Kahnawake, Antigua, Malta and the United Kingdom if we want to talk about what's widely seen as (arguably) the top five jurisdictions to be licensed from in the world. These five jurisdictions, Gibraltar included, have proven that they will fine and strip licenses from companies that do not adhere to their guideliness, so they are definitely the type to back up what they say about how companies should operate.

    The Importance for Yggdrasil Gaming

    Yggdrasil has been picking up multiple licenses over the past year as a part of their strategy to be seen as having an extremely legitimate interest in providing players with high-quality games. This strategy has been working so far, and industry figures have been impressed with the lengths to which Yggdrasil has shown they're willing to go to facilitate this. Adding on a license from Gibraltar just further strengthens this image past what they had already done with their previous work.

    The Future for Yggdrasil

    We correctly predicted that Yggdrasil would go after more major licenses as a part of their overall strategy to slowly expand into more and more regulated jurisdictions. They've had a tremendous amount of momentum coming into 2016, and they've leveraged this into the iGaming Software Supplier of the Year award at the 2016 International Gaming Awards as well as the Slot Provider of the Year at the 2016 EGR B2B Awards, two of the most important pieces of recognition that they could win. Overall, it's clear that the Yggdrasil train is plowing full speed ahead, and it's hard to see any of the competition stopping them at this stage of the game.


    Related News

    • 18 November 2017

      Yggdrasil More Than Doubles 2017 Christmas Calendar Campaign to €500k

      Yggdrasil Gaming is launching a Christmas celebration with a €500,000 campaign set to help operating partners keep their players happy and engaged over the holidays. Known again this year as the Yggdrasil Christmas Calendar, the Swedish HTML5 online casino game developer has increased the offering €300,000 over last year's €200,000 offering.

      Read full article
    • 01 November 2017

      Joker Millions by Yggdrasil pays out €3.5m at Vera&John

      Yggdrasil Gaming’s wildly popular Joker Millions progressive slot has awarded a Swedish player 33,748,248 Swedish krona (SEK) [€3,475,894] in jackpot winnings. The lucky spin happened on a mobile device while betting just 7.5 SEK (~€0.70) per spin on October 26, 2017. The unnamed winner was playing at Vera&John casino when the lucky gambler's life changed in an instance. Second Biggest Ever

      Read full article
    • 17 September 2017

      Yggdrasil's Revolutionary Fusion Realms Jungle Books Slot

      Yggdrasil Gaming is set to release a groundbreaking new slot game on September 20. Jungle Books, on its face, is simply a beautifully graphic gambling game with superior soundscapes and a narrative lifted from Rudyard Kipling's classic, The Jungle Book. But it is a lot more than that. The Swedish game developer, first licensed in 2013, has always been an innovator abandoning the Flash sphere in 2014 to develop and deliver in HTML5 far ahead of the pack.

      Read full article