Yggdrasil Granted Isle of Man B2B Software Licence

January 08, 2020 Staff Writer Industry News, Yggdrasil 86

Leading online casino provider Yggdrasil has won the B2B software licence issued by the Isle of Man Supervision Commission.

The innovative online gaming solutions provider has just been granted the Isle of Man (IoM) permit. Thanks to the grant, Yggdrasil will be able to operate long-term across a diapason of existing, regulated markets.

Eighth in a Row

Before claiming the IoM licence, Yggdrasil Gaming boasted seven of them. The permits were issued by a quartet of eminent supervisory organs: the UK, Malta, Gibraltar and Romania, among others.

Yggdrasil’s mission is to fulfil the licence requirements and objectives of its licensing jurisdictions. The company has always looked to front the industry with the best practices. Since the foundation in 2013, Yggdrasil started building its way up and has not stopped to date. From the very beginning, the firm implemented policies and procedures to ensure all clients are protected and treated fairly. The operator always safeguards the players’ rights.

Always on Top

According to the regulator’s requirements, Yggdrasil had to ensure the integrity of games and gaming devices. Yggdrasil has its Information Security Management System (ISMS) audited annually. Independent auditors are in charge of making sure that the data is safeguarded.

Fredrik Elmqvist, Chief Executive at Yggdrasil, commented on the good news.

“Ever since we began the business, we have been highly regulated and highly compliant in every major gaming jurisdiction.”

Elmqvist takes great pride in “adhering to regulatory best practice”. Yggdrasil places great emphasis on compliance and responsible gaming across all of its products. Finally, Elmqvist expressed joy at adding the Isle of Man to the “prestigious regulatory roster, [their] eighth B2B licence.” Yggdrasil CEO is sure that more licences will follow before long.

Additionally, Yggdrasil remains the number one innovator. A great example is its fresh Splitz mechanic. We all will have the honour of witnessing it on January 22 with the launch of Temple Stacks.

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