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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.

 

LeoVegas Player Strikes It Rich on Joker Millions

Lucky Punter Wins €1.9m on Yggdrasil’s Popular Slot

LeoVegas have made a splash once again, as one of their players claimed a major prize on Joker Millions. A progressive jackpot of €1,917,485 dropped on Wednesday, to a player in Norway using LeoVegas’ mobile site.

SiGMA-igaming-LeoVegas-SiGMA17

LeoVegas at SiGMA17

Karolina Pelc, LeoVegas Casino Director said , “Nothing makes us happier than seeing our players hit big jackpots, and we are thrilled to be able to deliver another multi-million-euro prize alongside Yggdrasil.”

“Yggdrasil slots are always favourites among our customers, and we have found progressive slots titles including Joker Millions have played an important role in enabling us to deliver a world-class casino offering.”

This is another major jackpot paid out by Yggdrasil, as they continue to rack them up with some regularity. A €1.12m prize dropped on Joker Millions’ pool partner, Empire Fortune, in November. Empire Fortune also paid out a €5.2m jackpot last July, the highest figure in Yggdrasil’s history.

Fredrik Elmqvist, CEO, Yggdrasil Gaming said, “Yggdrasil consistently delivers some of the industry’s biggest jackpots, and all operators understand the value of offering players the chance to win these life-changing prizes.

“What sets our progressive jackpot slots apart from the competition is the engaging base game, which means that even those who don’t walk away with a prize are still rewarded with an enjoyable experience.”

Yggdrasil will be showcasing games and exciting new products at ICE stand N3-140.

 

Better Collective Attracts Former Microsoft President Klaus Holse

Better Collective, the affiliate network provider has announced the appointment of former Microsoft executive Klaus Holse to the company’s board

The Danish company Better Collective has announced the appointment of the former European president of Microsoft for Western Europe and current CEO of SimCorp, the investment management software solutions provider, Klaus Holse, to its board of directors.

According to the owner of SmartBets, the customisable odds comparison site, Klaus Holse brings an “unmatched level of experience that will help drive the tech company forward”.

Responding to his appointment to the board Klaus Holse said, “The aggregator platforms that Better Collective have already built has truly piqued my interest.

“Considering that the company has received multiple industry awards for their innovative digital products, they are certainly leading the pack within the iGaming industry and I look forward to bring some of my experience to help drive this further.”

Jesper Søgaard, chief executive and founder of Better Collective, said, “We are truly excited to have Klaus join our board. Better Collective has always considered digital innovation as one of its core competences, and Klaus’ expertise will help us develop even further.

“His insights will ensure Better Collective further strengthen its position as the leading international affiliate for the iGaming industry.»

Relive the highlights from our last show and stay tuned for this year’s SiGMA. Watch out for what we’re branding as the ‘iGaming Village’ this year.

Are you an operator looking for top affiliates? Are you a top affiliate looking for a nice treat with like-minded affiliates playing at the same level?

Yggdrasil Gaming signs bwin as first partner in Italy

Award-winning gaming software supplier Yggdrasil Gaming has partnered with GVC Holdings’ Italian-facing gaming brands to integrate its video slots into the operator’s bwin.it and Gioco Digitale sites.

In January, the provider announced it was entering the Italian market and this agreement with GVC sees Yggdrasil’s vision for their award winning portfolio of HTML5 games being offered in Italy come to light. This contract will also allow the developer to continue to expand its reach across Europe alongside a leading operator with exceptional expertise in the region.

Titles from Yggdrasil’s Italian portfolio comprises of a variety of famous casino games including Vikings Go Wild, Dark Joker Rizes, Bicicleta, Seasons and Nirvana. Eleven games will initially be certified under Italian regulations and forecasted to go live on bwin.it early in the second quarter of 2017.

The slots are integrated via iSENSE 2.0 HTML5 framework which allows for simultaneous launches on desktop and mobile. GVC’s Italian operations will gain access to the supplier’s arsenal of in-game promotional tools, BOOST™, the industry-first sharing tool BRAG and the recently-launched Missions feature which support these slots.

CEO at Yggdrasil Gaming, Fredrik Elmqvist said: “We are thrilled to have joined forces with an operator as big and as respected as GVC to enter the Italian market. We will provide GVC’s Italian operations with a premium gaming platform to initially offer eleven certified games with a view to providing many more as the partnership develops. We have grown our footprint across Europe this past year. This is the latest in a long line of big deals, and shows the progress we are making and just how desirable our games and in-game promotional tools have become.”

Chief Product Officer at GVC Holdings, Liron Snir stated: “Our mission is to offer our players the widest possible range of quality games. Yggdrasil titles have taken the market by storm and it is a great step for us to be able to integrate this first-rate content into our Italian offer. What’s more, their in-game promotional tools are genuinely innovative, particularly the BRAG feature which was a real draw for us.”

Are you a startup? Then apply for the SiGMA Startup Pitch 2017 and meet hungry investors. View Startup Pitch 2016 gallery here.

Yggdrasil revamps classic Beauty and the Beast love story with new slot

Online mobile and casino games provider Yggdrasil Gaming has launched their latest online slots, the legendary french fairy tale Beauty & the Beast. They have reimagined this classic fairy tale with stunning visuals and immersive soundscape, transporting players to a mythical make-believe wonderland.

The new slot is now available in some favourite online casinos and boasts of haunting characters like the butler, the chef and the maid with their own special features. These include the Nudge Reels, Synced Reels and Random Wilds aid players to improve on their winnings. In the Free Spins mode, one of these three features is always active bringing players bigger wins.

The Golden Bet feature is the highlight of the title that allows players to increase their chances of hitting the Free Spins on a frequent basis in the base game as well as unlocking more features in the Free Spin mode.

Jonas Strandman, Head of Gaming at Yggdrasil Gaming said:  “Beauty & the Beast summons the romance of the legendary fairy tale in what is one of our most beautiful games to date.

“With stunning visuals and effects, the player will feel a part of the story and love the game-play. Enhanced by Golden Bet, the player will have the choice to alter the reward structure to their preference.

“The story aligns to what makes our casino games so enjoyable, with our beauty taking a chance and being handsomely rewarded for it.”

The Beauty & the Beast slot follows all the other Yggdrasil’s slots being built on HTML5 cross-channel platform, iSENSE 2.0. Examples of other popular slot games in Yggdrasil portfolio include Vikings Go Berzerk, Alchymedes and progressive jackpot slot Joker Millions.

Yggdrasil gaming recently won the title of innovator of the Year at the 2017 International Gaming Awards and Slot Provider of the Year at the 2016 EGR B2B Awards.

 

Are you a startup? Then apply for the SiGMA Startup Pitch 2017 and meet hungry investors. View Startup Pitch 2016 gallery here.

Yggdrasil Gaming announces impressive growth in their 2016 Q4 report

Superior online and mobile casino games provider Yggdrasil Gaming has today updated the financial market with their Q4 performance for 2016. According to the report, revenues for the period increased drastically by 207 percent year-on-year to SEK 31.8 million compared to the Q4 in 2015 which was SEK 10.4 million.

EBITDA for the period more than doubled to SEK 13.2 million from the SEK 4.9 in 2015 with the EBITDA margin for the period amounting to 42%. EBIT for the period also increased to SEK 9.3 million.

Emerging as one of the industry’s most respected and acclaimed suppliers since their launch in 2013, they have been providing games for some of the world’s biggest operators. Last year saw them releasing three new games:  Empire Fortune, Super Heroes and Vikings Go Berzerk. During the past year, Yggdrasil Gaming saw their number of player transaction grow by 210 percent year-on-year to 633 million with mobile gaming now at 51 percent of their total gross game win.

Along with 10 new licence agreements that were signed, including with Tain, Gaming Innovation Group, SuprNation and Lottoland, Yggdrasil Gaming also launched industry-first gamification tool Missions. To top that off, they also paid out the largest ever progressive jackpot of €3,291,513.

Their continued new business development initiative such as the Yggdrasil Dragons, promotions and launches of new titles like Alchymedes and new appointments that has headlined the gaming news earlier namely the two senior appointments with Andrew Pegler named chief commercial officer for Gibraltar and Krzysztof Opalka promoted to chief product officer, has Yggdrasil Dragons on top of their game for further success.

Fredrik Elmqvist, CEO of Yggdrasil commented on their success: “Yggdrasil Gaming continues to go from strength to strength during yet another quarter which has seen excellent growth, new operator signings, new games and new industry firsts.

The figures for the quarter are particularly pleasing, with revenues up 207 percent and EBIT hitting a new quarterly high of MSEK 9.3.

When we founded Yggdrasil in 2013, we had a very clear mission to become the industry’s best games supplier, and we continue to make rapid progress towards this goal.

While we may be an underdog compared to some of the industry’s titans, we are now very much established as a force in this sector.”

Elmqvist concluded: “I am delighted to report that we have the full confidence of our operator partners, in large part because they trust us to continue to deliver the innovations and games they require to keep their players engaged.”

“It would be an understatement to say this an exciting time for Yggdrasil. The growth in recent years has been fantastic, but more importantly, we have laid the foundations to build a sustainable, world-class gaming supply that will continue to push this industry forward.”

 

Are you a startup? Then apply for the SiGMA Startup Pitch 2017 and meet hungry investors. View Startup Pitch 2016 gallery here.

 

Yggdrasil goes live in Italy later this year

Online and mobile casino games provider Yggdrasil Gaming has started the process of certifying their games and platform in compliance with Italian technical requirements with 11 of their titles which will be set to go live in Italy in Q2 of 2017.

Some of the games the Malta based company will be preparing for the Italian markets include Dark Joker Rizes, Vikings Go Wild and Holmes and the Stolen Stones.

Along with gaining access to games, operators will also have permission to Yggdrasil’s collection of in-game promotional tools, Boost, along with social sharing tool, Brag.

Italian operators have continued to be innovative on the mobile channel so they will also welcome Yggdrasil’s HTML5 iSENSE 2.0 platform that allows for smooth integrations and simultaneous releases on mobile and desktop.

CEO at Yggdrasil Fredrik Elmqvist announced: “It is about time Yggdrasil ‘crossed the Rubicon’ as Italy is one of the most exciting and fastest-growing markets in gaming.

“We already had a number of tier-one operators on our books who were active in Italy, so it really was a no-brainer to enter ourselves.

“We are delighted that Yggdrasil will have a presence in this exciting jurisdiction, and we are already in negotiations with some major operators. We hope to meet more at ENADA Primavera in Rimini in March, and plan to vitalise the Italian market further with proven titles and promotional concepts.”

Yggdrasil confirms two senior position appointments

Online casino games provider Yggdrasil Gaming has confirmed two new appointments to their senior management in a move to boost their management team. Andrew Pegler has been appointed as Chief Commercial Officer for their Gibraltar division while Krzysztof Opałka has been promoted to Chief Product Officer(CPO)

Yggdrasil appoints 12-year industry veteran Pegler entering this new year, strengthening their strategic commercial operations. Pegler will be based in Yggdrasil’s Gibraltar office and will lead business opportunities and key account management for their Gibraltar operations. He will be assigned to growing the firm’s commercial presence amongst the region’s top-tier operators.
Pegler previously served as Senior Account Director for Scientific Games Interactive (2013-2016)

Krzysztof Opałka promotion to Cheif product Officer also happens simultaneously with Pegler’s appointment.
Opałka was previously responsible for building the technology, processes and leading the multi-disciplinary team behind Yggdrasil’s award-winning games.

Chief Executive at Yggdrasil Gaming Fredrik Elmqvist commented on the changes to the management team stating:

“On behalf of everyone here at Yggdrasil Gaming I would like to welcome Andrew to the team and congratulate Krzysztof on his well-deserved promotion.

“As we continue to grow the business it is vital that we have the brightest minds and experienced hands on board, and Andrew and Krzysztof certainly meet those requirements. They will both play a key role in the future direction of the business.”

So far, Yggdrasil’s ongoing recruitment has seen the company double in size over the past 12 months to almost 100 members.

Yggdrasil Gaming and VoodooDreams.com enter into Partnership

Online and mobile casino games provider Yggdrasil Gaming and SuprNation’s debut brand, the online casino VoodooDreams.com has entered into an agreement together where the games supplier will furnish the online casino with their portfolio of slots.

VoodooDreams.com casino will now have access to Yggdrasil slots which include Bicicleta and Big Blox. They will also be granted access to their collection of in-game promotional tools such as BOOST™, and social sharing tool BRAG.

CEO at Yggdrasil Gaming Fredrik Elmqvist stated: “We love working with operators that want to shake up the gaming industry, so we are thrilled to have agreed on a deal with SuprNation. We are excited to see the creative ways SuprNation promotes the Yggdrasil portfolio using our in-game promotional tools and look forward to a long and mutually beneficial partnership.”

Co-Founder and COO at SuprNation Henric Andersson added: “Yggdrasil’s games are held in high regard across the industry, so it was vital that they feature on our new online casino, VoodooDreams.com. We are delighted not only to offer these games to our players but also to support them with the best collection of promotional tools on the market.”

Founded in 2015, SuprNation serves as a home for some of the most creative people in the gaming industry. VoodooDreams.com was launched earlier this year as an online casino focused on delivering a better user experience.

Yggdrasil recently won Slot Provider of the Year at the 2016 EGR B2B Awards, the latest in a growing list of accolades including Gaming Software Supplier of the Year at the 2016 International Gaming Awards, and Software Rising Star at the 2015 EGR B2B Awards.

Yggdrasil Gaming Records Impressive Results for Q3

Superior online and mobile casino games provider Yggdrasil Gaming has reported rapid growth for Q3, with revenue climbing 299% year-on-year to SEK21 million.

EBIDTA for the quarter shot up to SEK9.2 million, compared to SEK1.9 million in 2015, while EBIDTA margin amounted to 44%.

The number of players also grew dramatically during Q3, with the number of transactions increasing 427% to 438 million.

During the third quarter, Yggdrasil launched its social media sharing tool, BRAG, and also appointed Frida Gustafsson as CFO, which are of note in the company’s quarter performance.

Yggdrasil CEO Fredrik Elmqvist commented: “It has been yet another hugely successful and action-packed three months for Yggdrasil, and we now have a fantastic team in place that is fast establishing us as the industry’s number one online casino supplier.

“Yggdrasil remains in a phase of rapid expansion, as displayed by the quarter’s surging revenue growth. While the immediate results have been impressive, it is equally important that we lay the foundations for sustainable, long-term growth.”

He went on to say: “We are expected to continue growing much faster than the market and we will carry on investing in our business while also delivering results moving forward.”

He also noted the importance of expanding into regulated markets that Yggdrasil has undertaken, commenting: “Our commitment to regulated markets saw us acquire licences to provide our content to operators in Romania, where we will go live shortly.

“We are a relatively late mover in terms of regulated markets, but we are catching up fast, and will continue to enter regulated markets that make commercial sense.”

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