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Yggdrasil Gaming Reaching for the Spanish iGaming Market

Yggdrasil Gaming entered the Spanish igaming market by reaching an agreement with existing partner GVC

GVC has a strong presence in Spain including its leading bwin brand, and will be the first operator to offer Yggdrasil titles in the market.
Yggdrasil games are expected to go live in the market during Q2 2018, in full compliance with Spanish requirements. The Spanish online gaming market has enjoyed impressive growth in recent years, particularly since it added slots to its offering in 2015.

According to regulator Dirección General de Ordenación del Juego (DGOJ), online gaming revenues were up 37% year-on-year for Q3 2017, to €140.5m.

Yggdrasil Gaming‘s CEO Fredrik Elmqvist stated, “Spain has quickly emerged as one of Europe’s fastest-growing and exciting jurisdictions, making it a perfect environment for Yggdrasil’s award-winning slots and promotional tools.

“To enter Spain with GVC, a long-time partner across multiple jurisdictions, will ensure our games are enjoyed by slots fans across the country. Following recent entries into Denmark and Italy, it also underlines Yggdrasil’s commitment to expanding its footprint in Europe’s regulated markets.”

GVC’s Head of Content Andrew Whitworth, expressed, “We were not going to pass up the opportunity to be the first operator to bring Yggdrasil’s slots to Spain, and we are certain they will perform strongly in the market.”

The move into Spain is the latest example of Yggdrasil’s regulated strategy, which saw it enter Denmark earlier this year and Italy during Q2 2017.

 

BetConstruct launches Sportsbook with iJuego in Spain

BetConstruct, multi-channel gaming and sports betting solutions provider for the international gambling industry have confirmed the agreement to supply their sportsbook to the Spanish online gaming operator iJuego (iJuego.es). iJuego is a subsidiary of the major leisure and gaming group Comar Inversiones, SA.

Under the terms of the agreement between the operator and the provider, iJuego would now be able to provide its gambling customers the chance to bet on over 30,000 live sports events every month by utilising BetConstruct sports betting solutions.
Currently, the operator offers its players a variety of casino games, slot titles and table games and the addition of BetConstruct sportsbook to their portfolio would definitely be an enhancement and supplement the operator’s existing offers giving them more diversity.

This partnership between iJuego and BetConstruct was made possible due to BetConstruct securing a license by the Spanish Directorate General for the Regulation of Gambling in 2015. This was done in order to provide their products in Spain’s regulated online gambling market when they entered the market with their first sports betting partnership then with retail gambling operator R Franco.

Product Manager at iJuego.es Manuel Paz had this to say: “We have gone through a tireless process of finding the best sports betting partner for the regulated Spanish market, and are happy to have iJuego.es partner with BetConstruct for our new sports betting platform. The new sportsbook will be an integral addition to our established casino and slots games. We expect to grow rapidly during the remainder of 2016 and beyond.”

Commercial Director at BetConstruct George Voyatzis endorsed Paz’s statement adding that iJuego is a very exciting brand in Spain and how the group Comar are very ambitious with their plans for the growth in the coming years.

He concluded by saying that they anticipate this new partnership with Group Comar as they will now be equipped with the market leading sportsbook of around 30,000 live events every month, and they also look forward to the growth and development of their sportsbook for the regulated markets within the next 12 months.

Online gaming in Spain grows significantly, DGOJ reports

Sigma2015-105Spanish gambling regulatory body Dirección General de Ordenación del Juego (DGOJ) has announced, that gross revenue results from online gambling went up by 26% in 2015, comparing to the full 2014.

To see the bigger picture, it’s enough to mention the results from the 4th quarter of 2015 – gross gaming revenue went up by 40%, represented as follows: €53.5 m (sportsbook), €22.6 m (casino), €14.5 m (poker), and €2.1 m (bingo),  €94.7 m in total.

The overall 2015 figures indicated by DGOJ show gross gaming revenue of €319.6 m. The turnover grew from €6.7 billion to more than €8 billion, which accounts for 28% year-on-year increase.

The segment that truly stood out in the Spanish online industry was sports betting. The revenue grew by 40%, ending up with €179 m total volume.

Also online slots turned out to be successful after the lunch circa Q2 and Q3, going up by 80% (€67.5 m).

Two of the segments shrunk – poker went down to  €59.8 m and bingo shrunk to €7.8 m in 2015.

The continued success of the online slot launch in Spain circa Q2 & Q3 continued to ripen with revenue for casino games up 80% to €67.5 m. Poker shrunk to €59.8 m, and bingo also fell to €7.8 m.

Source: CalvinAyre.com