Yggdrasil Granted B2B Licence From Isle Of Man Commission

Online gaming solutions provider Yggdrasil took a significant step to “securing its long-term presence across a multitude of existing markets” after the Isle of Man Supervision Commission granted a B2B software licence.

As a result of the new certification, Yggdrasil’s total number of software licences has grown to eight across four major gaming jurisdictions including the United Kingdom, Malta, Gibraltar and Romania.

With the issuance of the Isle of Man green light, the company stresses that it is “committed to fulfilling the licencing requirements and objectives of its licencing jurisdictions and always strives to spearhead industry best practices”.

In addition, Yggdrasil has also introduced measures to ensure the quality of games and gaming devices in compliance with its licencing jurisdictions, as it seeks to ensure policies and procedures that allow all players to be equally protected and handled and that their rights are safeguarded at all times.

Fredrik Elmqvist, chief executive officer of Yggdrasil, explained: “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.”

Last month, Yggdrasil released its Splitz slots system, which is expected to be incorporated into future slot launches, with the feature expected to be an exciting addition to the developer’s casino titles, increasing player interaction with “massive win potential.”

Mystery symbols will drop on the reel in Splitz, creating excitement as the animation shows how many symbols the tile will break into. The number of Splitz landed will always be of the same symbol with the option of breaking into three, allowing players the chance to win payouts beyond their imagination as the reels break.